Strome Business Minute With Dr. Jeff Tanner

I’m Jeff Tanner, Dean of the Strome College of Business at Old Dominion University and this is a Strome Business Minute. Last Friday, the Strome College of Business and the Society of Human Resource Management released the results of the first Hampton Roads Workforce Summit Survey at the sold out Workforce Summit. Nearly 60% of regional HR managers expect their company to grow in the next five years, with one third expecting to accomplish that growth by including both project-based workers and independent contractors. Yet, a key finding in the study is that Hampton Roads companies are behind national averages in taking a strategic approach to Human Resources. Given the challenges of finding talent in this tight labor market, this limitation does not bode well for Hampton Roads companies. They also found that local companies fail to offer the benefits most desirable to millennials. To learn more, visit odu.edu/business. This has been a Strome Business Minute, presented by the Strome College of Business at Old