Impact of Amazon HQ2 in Virginia Over Washington Essay.

Introduction

The new headquarters of Amazon in Northern Virginia is identified as one of the crucial part for the organisation to develop a strong e-commerce business in the region. It was announced in 2017 with a worth of $5 billion (Ivanova, 2019).

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One of the major reasons was its business expansion and creates a strong business structure so that the performance of the employees will also grow eventually. Keeping focus on the business needs the steps not only helps Amazon to get benefits in its business operations but also creates a great value of its brand to the local community through different means like booming the local business, technological assistance, growing opportunity for the locals to have employment and substantial impact on the education. As a result of that it is the intention of this report to analyse each of the aspects closely and focusing on the purpose of the organisation in a comparative manner so that the analysis will foster an in-depth analysis on the perceived impact and the actual benefits that the new headquarter of Amazon in Virginia leaves on the locality of Washington Dc Metropolitan. The analysis will be followed by a conclusion so that a proper understanding of the impacts can be made.Impact of Amazon HQ2 in Virginia Over Washington Essay.

Discussion

Impact on business

The estate business in Northern Virginia witnessed a boom in price due the presence of Amazon HQ2 in that region. There are several aspects of the estate business in that region that can be evaluated in respect to this discussion. As per the research of Ivanova (2019) the real estate market in northern Virginia is highly competitive but saturated due to the future opportunity of attracting more customers. Cities like Arlington and Alexandria are considered to be the most promising and heavily demanded locations in the region. However, the presence of Amazon’s Virginia headquarters, the real estate brokers found out a challenge to get more number of houses. It is because of the reluctance of the local residents to expect that the HQ2 hub of Amazon delivers a potential opportunity to push up the costs to a great extent. Impact of Amazon HQ2 in Virginia Over Washington Essay.The fact sheets regarding sells and purchase of real estate points out that the average home price in Arlington County is increased at a rapid pace with approximately 7%. As per the report of Telford et al. (2019) it is seen that in April the average price of house hit $742,000 which is more than 11% above the same month of 2018. Furthermore, increase in average sales price is also growing in Fairfax County with a gain of 6% in May (Tyll, Srivastava & Březina, 2018). Therefore, it seems a serious threat to the real estate business in the region where it becomes a challenge for the real-estate brokers to find sellers who are willing to sale their houses. The months of September to December is considered to be the peak season for the real estate business in Northern Virginia but astonishingly in September and October no sales has been made due to the sky high rise in price of the houses. Moreover the average units sold in 2019 is also very low with only 14,924 and considered to be the lowest amount in the last 10 years (nvar.com, 2019).Impact of Amazon HQ2 in Virginia Over Washington Essay.

The Washington Post marked the promising aspect of the real estate business in the region where it can be stated the Amazon HQ2 hub is responsible to revive the real estate business to a great extent and the price booming of the houses is a mark towards achieving more success. It is true that the current scenario of the real estate business in Northern Virginia is not so good but in course of time with the arrival of more than 25,000 new Amazon employees it will not be problem to get potential sellers and customers to buy the estates in such a high price. Terry (2018) advocated that the local residents of northern Virginia are aware of the fact that their current activities and reluctance to sale properties is considered to be a detrimental aspect for business. However, they envision a more profitable business opportunity when the Amazon employees will arrive in the new hub (Gupta, 2019). Therefore, right now they are reluctant to make a deal with the brokers and sale their properties.Impact of Amazon HQ2 in Virginia Over Washington Essay. From that point of view, it can be stated that in an apparent observation, it seems a decline in the real estate business in northern Virginia. However, the presence of Amazon HQ2 in the region is a long term benefit for the future of real estate business because it helps the local residents and brokers to increase their profits through increase in price of the houses (Levick, 2019). In addition to this, the continuous demands in the market due to the presence of Amazon employees also help the business to get develop further.Impact of Amazon HQ2 in Virginia Over Washington Essay.

Technological assistance

From the point of view of technological assistance that the Amazon HQ2 will provide, it can be stated that there are certain promises that the new establishment facilitates in terms of technological assistance. One of the major intentions of Amazon for establishing the new HQ2 is to develop the technology and organisational activity to a more effective manner so that it will facilitate strategic advantage in the competitive market.Impact of Amazon HQ2 in Virginia Over Washington Essay. Therefore, since its foundation the new hub is always focusing on innovation and technological integration that are relevant in the context of developing good organisational practice (Miller-Adams et al., 2019). The new HQ hub is interested to put great deal of focus on different advanced technologies like artificial intelligence, machine learning and software development. Assistance and help of the government is also a crucial part in the process to create better opportunity for the commercial organisations to integrate advanced technologies.Impact of Amazon HQ2 in Virginia Over Washington Essay.

In this regard, it is important to understand the background of developing technologies for commercial uses. There are already a number of leading technology driven organisations operated in the Virginia region such as Appian Corp., Blackboard Inc., and Tenable. Those companies have direct contracts with the federal government so that they are willing to recruit people who have knowledge and skills in advanced technology (Russell et al., 2018).Impact of Amazon HQ2 in Virginia Over Washington Essay. From that point of view, Levick (2019) opined that the commercial industry of Virginia is highly influenced by high technological skills because of getting opportunity of the demands that Pentagon and other government agencies are looking for. As a result of that millions and billions of money is invested in technology development and IT modernization. As a result of that there are huge opportunity for Amazon to make Virginia a hub of technology research and development.Impact of Amazon HQ2 in Virginia Over Washington Essay. Terry (2018) figured out that creating a technology base was not a new aspect that Amazon is trying to create. The supply chain giant incorporates and integrate advanced technologies in business operations so that it can facilitate a great deal of impact on the organisational practice and as a result of that high concentration of software development engineers, development managers and solution architects can be seen in the new HQ in Virginia (Clouse, Dixit & Turken, 2019). There are two significant projects that the technology driven companies can get while working in Virginia such as developing software and system integration and engineering work that are mostly government projects but also some private assignments are also there.Impact of Amazon HQ2 in Virginia Over Washington Essay.

Virginia itself is highly popular for its tech market. A number of skilled and innovative people employees are doing job in the tech market of Virginia. The tech sector is responsible to secure 12.8% of the overall economy of Virginia (Telford et al., 2019). It is estimated that the approximate value of the tech industry of Virginia is worth of $57.3 billion. It is also associated with the recruitment of a huge number of skilled and creative people in the tech market.Impact of Amazon HQ2 in Virginia Over Washington Essay. Henceforth, job posting in the Virginia tech market is escalated to 19.8 from 2016 to 2017 (Ivanova, 2019). As a result of that it has a great opportunity for the business organisations and technology based companies to put enough focus on the innovativeness and advanced mechanism in technology that are considered to be an useful tool for the modern business operations in order to gain strategic advantage in the market. Moreover, there are certain amount of demands in the Virginia market that makes the market one of the leading and profitable in entire country (Paul, Aithal & Bhuimali, 2017). Therefore, it is also help Amazon to expand its business further in Virginia region so that it will help to get more creative and technologically abled people within the organisation. The process helps Amazon to create an environment for the technology interested people and create a far better research and development practice.Impact of Amazon HQ2 in Virginia Over Washington Essay.

Effect on employment

In the context of employment, it can be stated that the new HQ of Amazon is definitely a bold measure for the organisation to recruit a number of employees for operations and development. As per the research of Jin (2018) it can be stated that the foundation of new business always creates huge opportunity for the local people to get jobs in the organisation. This practice is also justified for the new HQ2 of Amazon where the organisation plans to recruit 25,000 employees in the first phase. In this regard, it is also important for the job aspirants to focus on the nature of job so that it will make them interested to apply for the specific job. It is also important fact that Amazon is keenly interested in recruited a number of skilled employees for making the organisation a success.Impact of Amazon HQ2 in Virginia Over Washington Essay. Therefore, recruiting a number of approximately 25,000 employees is the initial target that the organisation set (Ivanova, 2019). In addition to this, the company also assures that further recruitment drive will also be conducted in course of time based on the requirements and objectives of the organisation. Therefore, it can be stated that there are huge efforts taken by Amazon to facilitate a recruitment drive that is important to make a great benefit for the local people of Virginia. Moreover, it can be stated that it is also part of the sustainable measure that is initiated by Amazon in the form of crating employment opportunities for the local people. It is also identified as an effective measure to incorporate the local community into the organisational activities. Dixit, Clouse and Turken (2019) advocated that the current business organisations are very much aware of their brand value and always inclined to set a good brand awareness. As a result of that employment opportunity is considered to be one of the benevolent and strategic practice that the business organisations are always putting into consideration as per its objectives.Impact of Amazon HQ2 in Virginia Over Washington Essay.

In this regard, Amazon is highly emphasised on the practice of delivering a good and fair recruitment drive for the business companies. It can be stated that northern Virginia is identified as one of the leading labour markets for technologically advanced labours. As per the report of Levick (2019) it can be argued that the technology oriented employment in Virginia grew at a pace of more than 6,500 and the occupation wage is way better than the average salary of all other occupants in the same industry across the state. As a result of that it becomes an effective opportunity for the job aspirants and Amazon also to exploit the scopes effectively. In this regard, it is important to note that net tech employment in Virginia has grown by 27,700 jobs since 2010 which is highly promising for the new job aspirants (Proykova, 2019). The domination of the technology lead job opportunities in Virginia is associated with a number of important aspects like Internet of Things (IoT), smart cities, drones, artificial intelligence, virtual and augmented reality and block chain system (Tritt & Teschner, 2019). Therefore, it is pertinent for the aspirants to have enough skills and knowledge in the respective field so that they can get enough opportunity to prove their skills and abilities. The advent of Amazon and establishing a new HQ also enhances the opportunity for the job aspirants. The technology oriented labour market in Virginia is highly competitive and it is important for the aspirants to have enough knowledge and skills so that they will get the opportunity to get a job placement in Amazon (Colby & Dennett, 2017). Moreover, focusing on the technology enhancement also helps Amazon to recruit enough people. The Virginia labour market is highly dominated by the technology oriented people. Therefore, it is not be a problem for Amazon to recruit efficient people and at the same time huge scope for the Virginia people will be developed so that they can appear in the recruitment drive.Impact of Amazon HQ2 in Virginia Over Washington Essay.

Influence on education

The establishment of the new HQ2 in Virginia also has a great deal of impact on the Washington DC society. Amazon directly and indirectly endorses enough support to the local population and as a result of that it becomes an effective way for the local community to create better organisational practice and develop itself. Education assistance by Amazon in terms of developing infrastructure, transportation and technology have a great deal of impact on the process of delivering a good opportunity for local community to get a better and more effective educational system (Goldin, Vakhnin & Currey, 2015). In this context, it is important to note that there are several issues that the people in Virginia facing in course of sending their kids to schools. For instance, Terry (2018) figured out admission to coveted public and private schools is highly selective and overcrowding. Therefore, it is not possible for the parents to opt for school of their choice.Impact of Amazon HQ2 in Virginia Over Washington Essay. Keeping in mind of such issue, the Amazon management is willing to resolve the problem by constructing schools in the residential complex. The objective of such effort is not only creating an attractive and family oriented measure for the people but also establishing a social sustainable approach so that the local communities also feel the importance and need of Amazon in the society (Milne, 2019). It is considered to be one of the important aspect for the sustainability of Amazon in Virginia.Impact of Amazon HQ2 in Virginia Over Washington Essay.

One of the major concerns of Amazon is to facilitate a strong and effective organisational practice where both the organisation and the employees are able to get benefits from each other. Therefore, it is important to note that Amazon is willing to educate its future workforce as a long term strategy.Impact of Amazon HQ2 in Virginia Over Washington Essay. In this regarding, it is important for Amazon to construct its educational infrastructure to a great extent to so that it will provide enough learning scopes for the newly recruited employees. In addition to this, there is also efforts from Amazon to set up curriculum for the students which is highly focused on the career development and technical education opportunities around coding and other related STEM fields (Galloway, 2017). The program named Amazon Future Engineer is associated with the development of academic development and crating huge opportunity for the people to have a job in future. As a result of that, a collaboration between Amazon and Virginia Tech’s Innovation Campus is also made with the focus on developing and setting better curriculum for the students and embolden the future employment of the people (Telford et al., 2019). Therefore, it is considered to be a great opportunity for Amazon to ensure its further supply of human resource in near future and at the same time the local people will also get benefitted through the new schools and learning facilities provided by Amazon.Impact of Amazon HQ2 in Virginia Over Washington Essay.

The further assistance in educational sphere by Amazon is associated with introducing telecommunication and online educational infrastructure within the local community. It is a significant aspect of the organisational practice of Amazon to facilitate better practice in terms of corporate welfare through creating good communication which is identified as one of the major learning medium of educational practice. According to the research of Anderson et al. (2016) it can be stated that communication in education and learning can be achieved through the use of verbal and non-verbal communication. However, the modern learning practice is more complex that requires technological intervention in the process of developing a good and effective learning practice.Impact of Amazon HQ2 in Virginia Over Washington Essay. Therefore, Amazon is going to install telecommuters in its new HQ2 hub with the major focus on the development of good communication among the students and enhancing their fondness towards technology and implementation of the technology so that they will be used to technology in every sphere of life (Arentsen et al., 2016). Accompanied with this, online education is also identified as a major step towards creating a modern learning process and expanding the reach to maximum number of students. Amazon also focuses on the same thing and willing to facilitate a better education practice that can help students from different family backgrounds and merits. As a result of that it becomes an important aspect for the new learners to get habituated with the modern learning practice. MacLean et al. (2017) pointed out that online education continues to witness high growth rate and two third of the students are like to go through the online course. Therefore, Amazon also help the local society by introducing innovative learning practice through online education.Impact of Amazon HQ2 in Virginia Over Washington Essay.

Conclusion

The above discussion is trying to understand the impact of Amazon HQ2 in Virginia over business, technology, employment and education in Washington DC Metropolitan area. It can be stated that the establishment of the new HQ2 in Virginia has a deep impact on the local society. From the analysis it is clear that the local real estate business is booming in a rapid pace that the industry never witnesses in previous years. The apparent fall in selling and purchasing new home is also resolved by the recruitment of a large number of employees. Amazon plans to recruit 25,000 people in the first phase. Therefore, it will also be effective for the local community to get jobs in big brand like Amazon. Moreover, focusing on technology also helps Amazon to get skilled people in Virginia easily because the region is considered to be one of the leading labour market across the country. Furthermore, Amazon also sets up schools and online education for the local people which is identified as a benevolent practice of Amazon. All the factors that are incorporated into the discussion are intertwined each other and this close relation among business, technology, employment and education creates an overall development within the northern Virginia society and ensure future sustainability in a great scale.  Therefore, it can be concluded that the local community of Washington DC gets benefit by the establishment of the new HQ2 of Amazon in northern Virginia.Impact of Amazon HQ2 in Virginia Over Washington Essay.