How courts are deciding issues about ownership
Ohio’s shale gas region has slated capital projects valued at more than $12 billion, with the industry expected to add 66,000 jobs and $5 billion annually to the state economy starting this year, according to economists at Cleveland State University. More than 3 million acres have been leased for drilling, with gas and oil companies […]
Eve Yen uses a mix of passion and humility to find new growth opportunities at Diamond Wipes International
When Eve Yen arrived in the United States 20 years ago from Taiwan, she wasn’t thinking about building a multimillion-dollar business, she just needed a way to support her family. “I was bringing my daughter over here for the schools, for a better education,” says Yen, founder, owner and president of Diamond Wipes International Inc. […]
Loren Shook: Why a little compassion can go a long way in business
The word “love” is not often used in business, but at Silverado, it’s a word we use every day. In fact, it’s a central part of our core operating philosophy. It’s fitting that a company dedicated to enriching the human spirit would echo a loving and caring outlook, but we take that even one step […]
Deena Carstens Munn: Much can be gained when corporations and nonprofits seek common ground
If your company is interested in establishing or enhancing its collaboration with philanthropic organizations, Dan D’Armond, community and government relations director for BMC Software, offers some excellent observations and questions to ask as you review your involvement.Here is my interview with him: Deena: What are corporations typically asked about corporate giving and forming strategic partnerships? […]
How employers and employees can use nonqualified deferred compensation
More midsize companies are seeking to do something extra for a select group of employees, usually executive-level staff. Nonqualified deferred compensation plans, which are not subject to the Employee Retirement Income Security Act of 1974, have no discrimination restrictions, so employers can choose to whom they offer the plan. The plans also have no restrictions […]
Laura Neubauer: Why good results can be had when you find opportunities to work with your competition
Marketing seems to be a weakness of most business owners. We are great at our core business, but when faced with a myriad of marketing options in today’s digital world, it’s often easier to do nothing at all. Marketing needs vary based on the point you are at in your business cycle. In the early […]
Don D'Ambrosio: Why factoring is a practice that can help any business save money
Working capital. Every business needs it, but at what cost? One path to obtaining affordable working capital is through factoring, a simple and easy concept to understand. Factoring companies provide businesses with working capital by purchasing their client’s outstanding receivables. Typically, a factoring transaction is an arrangement between three parties (client, factor and vendor) all […]
Be Well: When the customer is always right — even in health care
No matter what your life’s background might be — professional, technical, service-oriented or otherwise — one thing we all share is the customer experience. We have all had the experience of buying something, whether it is an object, a service or something more subjective, like advice. One thing is for sure: With each experience, we […]
Mal Mixon: Learn how to harness the power of teamwork and create a people force
Being promoted to a management position does not make you a leader or guarantee success in your position. Managers and CEOs frequently fail and are replaced. To be successful, one must learn how to harness the power of teamwork — to create a people force that will not be denied. Imagine the following story: A […]
How having better data will lead to better decisions and results
Subtle adjustments to the claim adjudication process have led to managed care organizations (MCOs) being asked to start collecting expanded data on new injuries. “An employer’s MCO plays a key role in initiating claims,” says Lance Watkins, AVP, Client Services, CompManagement Health Systems. All injury reports are routed through MCOs to ensure that the required […]