Estate planning: Protection of assets and other trends for 2014
While tax laws continue to affect estate plans, protection of assets has become an increasing priority as baby boomers age. “There’s been a lot more conversation in the last five years about asset protection, not just about the client’s assets, but also about protecting the assets the children will eventually inherit,” says James P. Cashman, […]
How expanding the Medicaid program will help Ohio businesses
Expansion of the Medicaid program in Ohio was approved by the state Controlling Board because there wasn’t enough support to get it passed in the legislature. But there’s no economic reason for anyone in Ohio to oppose the expansion, says William F. Hutter, CEO of Sequent. “The battle about Medicaid expansion was based on principle; […]
What businesses can expect from state government in 2014
The early 2014 legislative priorities for the Ohio General Assembly include the mid-biennium review (MBR), the state’s capital budget, the Public Works Commission bond fund reauthorization and the municipal income tax uniformity bill (House Bill 5). “House Bill 5 will be front and center because it is a top priority of the business community and […]
How to manage risk and counter crises with a corporate response plan
The goal of any incident response is to minimize the impact of a negative event on an organization’s objectives. This involves responding to an incident as quickly and efficiently as possible, making good decisions to limit further damage and repair any damage that has been done. In order to accomplish this, an organization should have a corporate response plan (CRP) in place that is ready […]
Joe Takash – Three tips to help you get better at securing warm leads to grow business
Three tips to help you get better at securing warm leads to grow business “Before I got married, I had six theories on raising children. Now I have six children and no theories.” — John Wilmot We all long for that road map to guide us to a higher level of success in all that […]
Kelly Borth: First impressions matter — Strengthen your brand with a credible, quality website
As anyone in business or sales will tell you, first impressions are everything. Initial judgments are made within four seconds, and finalized within 30. As business owners, we’re concerned with the image we’re sending our target markets, how employees represent our companies and how potential customers perceive our offices or stores. Studies have shown that […]
Quality dialog with employees: Communications strategies for a productive workplace
Effective communication is a vital aspect of the employer-employee relationship regardless of industry and geography, says Renay Gontis, communications coordinator at JRG Advisors. “The opportunity for quality dialogue demonstrates to employees that they are valued by the company. Conversely, a lack of value placed on communication can make them feel underappreciated, fostering discontentment and low […]
Do HIPAA privacy laws apply to your business?
Many business operators know that the federal privacy rules under the Health Insurance Portability Act (HIPAA) apply to health information maintained by “covered entities,” such as health care providers and health plans. Fewer know that new regulations, effective September 2013, expand the scope of direct responsibility for compliance. Now, HIPAA rules directly apply to “business […]
Jay Nisberg: To improve one-to-one communication, determine your colleague’s navigational style
One-to-one communication problems often can be resolved by understanding your communication style through the styles of others. Effective managers do this to make other people understand them, be receptive to ideas and lessen their resistance to change. The work of psychologist Carl Jung offers a framework that managers can adopt to improve communication. Jung found […]
Janet E. Jackson: Uniting leaders — Creating a collective impact within your community — or business
I am fortunate to serve as the president and CEO of one of the nation’s largest United Way organizations, and I spend a lot of time working to inspire and motivate my team. But I have a much larger role: To help educate the Central Ohio community about huge issues that keep people from thriving, […]