Project 2025: How Will It Impact Your Business (Part 2 of 5)
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About this listen
Project 2025's "Mandate for Leadership" outlines several policy changes that could significantly impact business operations in the coming years. Business owners should consider the following opportunities and challenges:
- Tax Reforms: Potential reductions in corporate tax rates may increase after-tax profits, allowing for reinvestment and growth. Wikipedia
- Regulatory Changes: Streamlining of regulations could reduce compliance costs, particularly in industries like energy and manufacturing.
- Energy Sector Expansion: Eased restrictions on fossil fuel production may lower energy costs, benefiting energy-intensive businesses.
- Trade Policy Adjustments: Changes in trade agreements and tariffs could open new markets or alter competitive dynamics, necessitating strategic planning.
- Healthcare Policy Revisions: Modifications to healthcare regulations may affect employer-sponsored health plans, impacting employee benefits and costs.
- Labor Law Reforms: Changes to labor laws could influence workforce management practices, including hiring, wages, and union interactions.
- Environmental Policy Shifts: Relaxation of environmental regulations may offer opportunities for expansion but could also affect public perception and market demand.
- Small Business Administration (SBA) Program Changes: Potential restructuring of the SBA might impact access to capital and support programs for small businesses. Politico+2Home | Senate Democratic Leadership+2Project 2025+2
- Education and Workforce Development: Shifts in federal education policies may affect workforce skill levels, influencing training needs and talent acquisition strategies.
- Technology and Innovation Policies: Adjustments in funding and regulatory support for research and development could impact innovation opportunities.
Timestamps:
00:00 – Introduction
01:15 – Defining the Purpose Of the Episode
03:45 – Industry Research
06:30 – Real-World Example
08:00 – Key Differences and Application
10:00 – Conclusion and Takeaway
Resources:
The Continuous Improvement Lab: https://www.karassinnovations.com/blog
Book: Shift Happens - How To Lead with Purpose and Discipline Every Day: https://a.co/d/0JZ8auW
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