Why Workforce is One of the Top Business Challenges—And What You Can Do About It
During a recent survey of our members, more than 72% of business leaders listed Workforce as one of their top three challenges. That includes attracting qualified talent, retaining high performers, and closing persistent skills gaps. Sound familiar?
You’re not alone.
From our smallest businesses to fast-growing corporations, workforce issues are shaping how organizations plan for the future—and whether they’ll remain competitive in today’s rapidly changing environment.
Understanding the Workforce Challenge
The term “workforce” covers a lot: recruitment, retention, engagement, leadership development, and upskilling. Here’s a closer look at the pressure points we’re hearing most often:
1. Recruitment is harder than ever.
Job seekers have options—and expectations. Competitive pay matters, but so does workplace culture, growth opportunity, and purpose. Businesses that can’t clearly communicate what they offer beyond the paycheck often lose out.
2. Retention is a rising concern.
According to Gallup, 94% of employees say they would stay at a company longer if it simply invested in their learning and development. Yet many teams struggle to find time or budget for meaningful professional growth. Burnout, lack of advancement, and unclear direction are often the result.
3. The leadership skills gap is growing.
Many companies promote based on performance—but fail to prepare new managers for leadership. That creates a ripple effect of disengagement, team conflict, and inconsistent results.
4. Team cohesion matters more than ever.
In hybrid and fast-paced environments, connection and collaboration can suffer. Creating shared experiences where teams learn together helps build culture, improve communication, and boost morale.
The Value of a Shared Learning Experience
One of the most effective ways to develop talent and strengthen culture is to invest in team learning. When your people learn together:
They speak the same leadership language.
They hold each other accountable.
They build trust, collaboration, and clarity.
And they bring ideas back that impact the entire organization.
Whether you’re grooming future leaders, strengthening your management team, or reenergizing your top performers—shared learning can spark long-term impact.
Enter the RED Conference
To meet these workforce needs head-on, the Frisco Chamber is launching the RED Conference—a half-day professional development experience happening on Wednesday, August 20, 2025.
This event features:
Nationally renowned speakers delivering high-impact, actionable leadership insights
Mentor Meetings with hand-picked local leaders for one-on-one coaching and perspective
A shared, energizing experience your team will talk about long after it ends
Workforce is your biggest challenge—and your greatest opportunity.
Give your team the investment they deserve.
Build stronger leaders.
Create momentum that lasts.
📅 When: August 20, 2025
🕘 Time: 9:00 AM – 12:00 PM
📍 Where: Gateway Frisco
🔗 Register now: FriscoChamber.com/RED
Together, let’s reignite leadership and empower the teams shaping Frisco’s future.
As I like to say, the future looks pretty bright!
