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Felicia Harvey: Cultivating a Competitive Business Climate is the Key to Florida’s Future

Picture Florida with 5 million more residents, each of them needing housing, transportation, schools — and most importantly, jobs. As Florida prepares for a future marked with potential (and uncertainty), we’re getting ready to change the game and show the world that the Sunshine State is ready and open for business. This $1 trillion economy is receiving some major upgrades on the road to 2030.

Florida is the third largest state in the country and the 17th largest economy in the world. The influx of additional residents over the next dozen years will carry considerable demands for employment opportunities, adding the need for some 1.7 million net new jobs.

With that in mind, the Florida Chamber Foundation has released the Florida 2030 report, a comprehensive assessment of where we are and where we need to be to embrace the challenges and opportunities our state will face in the coming years. One key insight in that report is continuing to make the business landscape competitive so we can recruit and retain innovative companies.

Consider this: It’s estimated that up to 85% of all jobs in 2030 could be in industries or occupations that do not exist today. That’s exciting (and shocking), but it ultimately means we need to strategically prepare for an advanced global economy by reshaping every industry, educating younger generations, and advocating for business-friendly policies. Our local elected officials and business leaders have done an excellent job creating that climate so far, but we must continue.

By nurturing the bioengineering and commercial space industries while strengthening workforce skills in science, technology, and mathematics, Florida will remain a step ahead of the changing times. The Chamber Foundation’s Florida 2030 is an important guidepost as we move forward. Visit www.Florida2030.org to learn more.

Felicia Harvey, Corporate Affairs Lead, Amgen Capability Center and board member of Florida Chamber Foundation