Phyllis Byrd demonstrates what one person can do to make a difference

Phyllis Byrd was as distraught as you would imagine a person to be more than 15 years ago when she found out that her husband had stage four lung cancer. “He was only 46 and we were making plans for the future when everything came to a halt,” Byrd says. “But I was always taught […]

Akron mayor to speak at Cascade Capital Growth Awards in October

Akron Mayor Dan Horrigan has seen the passion and dedication of people from all walks of life in the city of Akron during his first seven months in office. “The energy in the city shows there is a desire for change with a growing momentum toward collaboration and innovation with our residents, business leaders and […]

Place matters to your business, to your community

In a way, it’s ironic. In the digital age, many of us can do our work from any place, as long as we have a laptop and high-speed internet. Gone are the days when a central workplace anchored workers to a particular geography. As such, you could argue that in the digital age, place doesn’t […]

Principles of entrepreneurship benefit everyone

For the last few years, I have had the good fortune of being asked to talk to managers of small, medium and large companies about innovating in the corporate environment. Innovation is a big, popular topic these days. It’s a word that can excite employees and cause some senior executives to cringe. At my last […]

Start planning for dynamic growth with the 70/30 rule

I don’t recall ever meeting a successful businessperson that kept a list of dreams. However, they all have a list of goals, supported by clear, measurable plans. Although many business managers have told me that they are not risk averse, I learned that many need almost 100 percent certainty of success before they execute on […]

If you truly believe in it, don’t ever give up

“Nothing in the world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” — President Calvin Coolidge That quote really resonates […]

Would you buy your company if it was for sale?

Many private company owners lose sight of the importance of the returns their business generates based on the capital they employ and the risks that they take. The chief reason for this is that the business becomes a “lifestyle business.” Its principal purpose is now to support the owner’s lifestyle rather than to function as an important asset that is growing in value.

Keeping a close eye on operations will help avoid surprises

Organizational monitoring is not just about protecting a company from fraud. Monitoring systems can help ensure quality, that customer needs are being met and that the company is doing everything else that is necessary to achieve its goals.