Outlook 2023: Looking Ahead – Our annual report on Capital Region business

A man lifts a headset from his face. Image has words Outlook ‘23 and Looking ahead
XR-VR Content Manager and Business Development for FS Studio Bobby Carlton wearing a HTC Vive VR headset
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CAPITAL REGION – To paraphrase an old saying, this isn’t your father’s economy.

To survive and thrive in today’s business climate, leaders and entrepreneurs alike need to deftly navigate through a seeming minefield of challenges — from high inflation and lingering supply-chain problems to rapidly rising interest rates and a tight labor market.

And the obstacles don’t end there.

Today’s leaders face a whole new world of material forces that can affect company performance — things such as a “quiet quitting” phenomenon, climate change concerns and a progressively aging workforce, especially in areas like upstate New York.

But despite these and other emerging challenges, some executives choose to focus on the opportunities that abound in the new business world order. Read about them below, in Outlook 2023.

Outlook 2023:

  1. Schenectady: Leading philanthropic efforts supporting service, people, capital needs at Schenectady’s Ellis
  2. Schenectady: Heather Peterson an avid promoter of Schenectady’s revitalization
  3. Schenectady: Hollander, now leading Schenectady office of LeChase, is bullish on local construction market
  4. Schenectady: DSIC director optimistic about Schenectady’s thriving business culture, ‘cool factor’
  5. Schenectady: Schenectady resident uses passion and know-how to turn guitar-pedal hobby into flourishing business
  6. Schenectady: Love brokers in Schenectady cater to ‘micropolitan’ romantics
  7. Niskayuna: Niskayuna couple’s Nippertown.com aims to promote, celebrate Capital Region arts scene
  8. Glenville: Brian Corrigan aims to be the best with launch of video game development startup in Glenville
  9. Burnt Hills: BHBL grad Melsert, head of a major renewable energy systems player, eager to ‘keep pushing forward’
  10. Clifton Park: New owners of MochaLisa’s in Clifton Park add books, games to cozy café
  11. Rexford: Trade Winds horse farm in Rexford sees success after changing business model due to pandemic
  12. Saratoga Springs: FS Studio’s Bobby Carlton in Saratoga Springs is exploring the roles XR/VR can play in robotics, elsewhere
  13. Saratoga Springs: Tori Riley relishes role of boosting existing businesses, drawing more to Saratoga County
  14. Saratoga Springs: Saratoga-based podcasting company is helping people find their voices
  15. Saratoga Springs: Pair using Saratoga Springs shop, club, travel company to spread passion for the ‘whiskey world’
  16. Amsterdam: Methven takes reins at Amsterdam’s St. Mary’s Healthcare during rapidly changing, challenging time
  17. Broadalbin: Special partnership has helped Broadalbin Manufacturing Corp. weather death of owner, pandemic challenges
  18. Albany: Leader of plumbing and heating business Crisafulli Bros. eager for role with Capital Region Chamber
  19. Albany: UAlbany researcher is also founder and CEO of Regenerative Solutions Inc.
  20. East Greenbush: WMHT’s first African American president emphasizes reaching out, building genuine relationships
  21. Capital Region: Lauren Cognato is diving into event planning at Capital Region Chamber

Categories: Business, News, News, Outlook 2023, Schenectady County

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