Michigan Leaders Outline Economic Priorities: Workforce, Innovation, Talent
Locales: Minnesota, UNITED STATES

Detroit, MI - February 17, 2026 - A recent panel discussion featuring prominent Michigan business leaders has illuminated the state's key economic priorities for sustained growth in the coming years. The conversation, captured in a video released by InForum [ https://www.inforum.com/video/MspvlOWU ], focuses on three interconnected pillars: workforce development, innovation, and talent attraction/retention. The leaders stressed that a concerted, collaborative effort is essential to overcome existing challenges and capitalize on emerging opportunities.
Michigan, historically a manufacturing powerhouse, is undergoing a significant economic transformation. While the automotive industry remains vital, the state is actively diversifying into high-tech sectors, renewable energy, and advanced manufacturing. This transition, however, demands a workforce equipped with the skills needed for these evolving industries. The panel repeatedly highlighted a critical skills gap that threatens to hinder Michigan's progress.
"We're seeing a mismatch between the skills employers need and the skills available in the workforce," explained Sarah Chen, CEO of TechForward Michigan, during the discussion. "It's not simply about a lack of workers, it's about a lack of workers with the right skills. We need to focus on bolstering vocational training, apprenticeships, and STEM education at all levels, from K-12 through higher education."
Several panelists advocated for a more agile and responsive education system. Traditional four-year degrees, while valuable, are not always the most effective path for acquiring in-demand skills. Micro-credentialing, boot camps, and partnerships between businesses and community colleges were cited as potential solutions to rapidly upskill and reskill the workforce. The conversation extended to the importance of lifelong learning, recognizing that skills will need to be continually updated throughout a worker's career.
Beyond skills development, the leaders emphasized the need to foster a vibrant ecosystem for innovation. Michigan, they argued, must create a more supportive environment for entrepreneurs and startups. This includes access to capital, mentorship opportunities, and streamlined regulatory processes. The panel pointed to successful initiatives in other states, like tax incentives for R&D and the establishment of innovation hubs, as models for Michigan to consider.
"We need to think beyond just attracting established companies," stated David Miller, President of the Michigan Chamber of Commerce. "We need to nurture the next generation of innovators and create a climate where they can thrive. That means reducing bureaucratic hurdles, providing access to funding, and fostering a culture of risk-taking."
Attracting and retaining talent was another central theme. While Michigan boasts a relatively low cost of living and a high quality of life - particularly access to outdoor recreation and cultural amenities - the state faces competition from other regions with booming tech sectors and warmer climates. Panelists discussed the growing acceptance of remote work as a key advantage, allowing Michigan to attract talent from across the country and even globally. However, they also cautioned that relying solely on remote work is not a sustainable strategy; the state needs to actively cultivate a compelling in-person experience to retain talent long-term.
The importance of public-private partnerships emerged as a recurring message. The panel agreed that addressing these complex challenges requires a collaborative approach involving businesses, educational institutions, and government at the local, state, and federal levels. They envisioned a system where businesses actively participate in curriculum development, provide internships and apprenticeships, and offer feedback on the skills needed in the workforce.
"This isn't something any one entity can solve on its own," said Lisa Johnson, Superintendent of the Detroit Public Schools Community District. "We need to break down silos and work together to create a pipeline of talent that meets the needs of our economy. That requires open communication, shared goals, and a commitment to investing in our people."
The discussion concluded with a sense of optimism, but also a recognition of the urgency of the situation. Michigan has the potential to be a leader in the 21st-century economy, but realizing that potential requires a bold and proactive approach to workforce development, innovation, and talent management. The insights shared by these business leaders provide a valuable roadmap for navigating the challenges and opportunities ahead and ensuring a prosperous future for the state.
Read the Full inforum Article at:
[ https://www.inforum.com/video/MspvlOWU ]