Editorial: Creative leadership key to economic growth - Albuquerque Journal

Editorial: Creative leadership key to economic growth

New Mexicans can rattle off the list of challenges our state faces attracting new and growing current businesses. There are quality-of-life issues like high crime and low-performing schools. There’s the ever-present concern of water availability. And there are the business-centric issues of local and state permitting and inspection systems, duplicative taxation (tax pyramiding) and other business tax concerns.

For years it has been a point of discussion at every organization luncheon that we just aren’t as business-friendly and competitive as we could be. But as a panel of national site consultants noted at a recent meeting of the Albuquerque Regional Economic Alliance, the Land of Enchantment and Albuquerque Metro area have great economic potential.

Laura Gourley, west region director of Grant Thornton’s State and Local Tax practice, told N.M. business leaders at the AREA event that successful regions have creative leaders who offer incentives such as workforce training, offsetting property taxes and expediting permitting.

New Mexico, historically, has not grown at the rate of surrounding states and regions. While the AREA panelists agreed the Albuquerque region — and New Mexico as a whole — have the potential to attract businesses, they said the region needs shovel-ready sites that match the industries being wooed. We also need a ready workforce able to fill jobs.

AREA says a combination of state, local and organizational leadership has helped create nearly 2,000 jobs and $2.5 billion in capital investment through expansions in the Metro area in the past year.

We need to keep the momentum going if we are to realize our full potential, and that will take true collaboration by our public- and private-sector leaders.

This editorial first appeared in the Albuquerque Journal. It was written by members of the editorial board and is unsigned as it represents the opinion of the newspaper rather than the writers.

Home » Opinion » Editorials » Editorial: Creative leadership key to economic growth


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
Editorial: NM GOP needs to explain doctored mailer
Editorials
An altered stock image of darkened ... An altered stock image of darkened hands cutting a white child's hair sure does appear to play ...
2
Editorial: Navajo project brings clean water for all a ...
Editorials
Imagine having to rely on hand-pumped ... Imagine having to rely on hand-pumped wells, windmills, earth dams and snowdrifts to gather enough w ...
3
Editorial: Enough disinformation; our elections are secure
Editorials
With the fall general election just ... With the fall general election just over a month away, it bears repeating New Mexico elections are a ...
4
Editorial: Best fiesta commute? Let the pros drive
Editorials
Two things happen in Albuquerque every ... Two things happen in Albuquerque every October: The balloon fiesta delivers fantasy. And the traffic ...
5
Editorial: NM needs leaders who will tackle real water ...
Editorials
Bankruptcy, Ernest Hemingway famously wrote, comes ... Bankruptcy, Ernest Hemingway famously wrote, comes "gradually, then suddenly."  &nb ...
6
Editorial: Crime's unrelenting hold
Editorials
... ...
7
Editorial: Military members deserve clarity on NM election laws
Editorials
Article V of the state Constitution ... Article V of the state Constitution says a person must have "resided continuously in New Mexic ...
8
Editorial: UNM is right to protect all flavors of ...
Editorials
If there's a silver lining to ... If there's a silver lining to the national attention of angry protesters storming a ballroom t ...
9
Editorial: Creative leadership key to economic growth
Editorials
New Mexicans can rattle off the ... New Mexicans can rattle off the list of challenges our state faces attracting new and growing curren ...