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Tuesday, 29 November 2005 04:32

Considering college?

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In today’s world, where achieving more than our parents achieved is the rule of thumb and multitasking has become our national motto, it is no surprise that more and more adults are choosing to juggle family, career and college as they pursue that long-awaited or advanced degree. The question remains — now that you’ve decided to complete that degree, which college do you choose? Adult students have different needs Adult students are different from their traditional-age counterparts and as a result, there are several things they should look for in a college environment. Course schedule flexibility (such as evening, weekend,…
Wednesday, 23 November 2005 05:55

Sold on talent

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When the digital revolution hit the office, Ben Russert knew that there were plenty of opportunities for his copier company to grow. “Being a traditional copier company, we recognized with the advent of digital that we were going to be able to take advantage of the technological changes, we were going to be able to go in and start developing document workflow and other processes and help fix a lot of customers’ problems there,” says Russert, president and CEO of ProSource. Growth wasn’t a problem for ProSource — it was averaging 16 percent a year for the past five years…
Wednesday, 28 September 2005 11:58

Enterprise risk management

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From natural perils, market volatility and regulatory compliance to human nature and technology, the exposure to risk and uncertainty is embedded in everything we do. But a risk-intelligent organization’s proactive approach to identifying, understanding and effectively managing risk makes the difference between creating value and jeopardizing success. It is crucial to be a risk-intelligent organization. Stakes are high, and losses can be catastrophic. Senior executives and board members are increasingly challenged to ensure that appropriate risk-assessment and risk-management practices are in place. Beyond traditional risk managementRisk management is the process of planning, organizing, leading and controlling the activities of an…
Wednesday, 28 September 2005 10:48

DIY insurance

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Self insurance or self-funding may be the norm for mid-sized to large employers in some other metropolitan markets; however, Cincinnati employers have been slower to make the change to this potentially cost-saving option. According to the SIIA (Self Insurance Institute of America) Web site, “Self insurance has become an increasingly attractive option for many employers due to the rising costs associated with health care.” Locally, the reticence to accept self-funding may be based on a lack of knowledge about the process and misconceptions about risk. What is self-funding?Self-funding is simply the funding mechanism for employers to provide health care coverage…
Tuesday, 30 August 2005 07:18

Preparing for the worst

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Risk is an inherent ingredient in any business, regardless of the product or service, and risks range widely from natural perils and political risks to operational risks, financial risks, employment risks, health risks and liability risks. While the frequency or severity of adverse outcomes from any particular risk will vary with each business, the challenge remains to manage risks to reduce their adverse impact on business value. Management of these risks requires a coordinated, disciplined approach to eliminate or control risks. This managerial approach is called risk management. What follows are some general guidelines that can help form the direction…
Tuesday, 30 August 2005 06:42

Workplace screenings

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Gone are the days when a wellness program was just a nicety that gave you and your employees a warm, fuzzy feeling. Now, a good wellness program is an essential part of an effective benefits and health-management plan. Employers can no longer afford to overlook the value of investing in employees’ health care. Helping employees and their families stay healthy, encouraging healthier behaviors and promoting effective health-care decisions make all-around good business sense. We all know the benefits of a healthier work force — increased productivity, reduced absenteeism and reduced health care costs. Despite this, many employers have been reluctant…
Monday, 25 July 2005 20:00

Career transitions

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Are you thinking about returning to college and possibly making a career change? Career decisions are now seen as choices made across a life pan, not a one-time life events, and making a change has become more acceptable. As life roles change, so do our priorities. Many adults seek a change when original career aspirations are not met, or when their career is no longer congruent with present values and interests. Or sometimes it just feels that no matter what they do to refresh or re-energize themselves, their present career is no longer personally fulfilling. If you are in this…
Tuesday, 28 June 2005 07:49

Weathering the storm

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Investors know all too well that the stock market has provided subpar returns over the past five years. The Standard & Poor's 500 Index (S&P 500) fell nearly 50 percent from 2000 to 2003, registering the steepest decline since the Depression. Despite the market's recovery during the past two years, the S&P 500 stands 20 percent lower than its March 2000 peak. It's easy to get discouraged when a money market fund has been better than the stock market over the past seven years, but smart investors know that success lies in keeping a big-picture perspective over the long term.…
Monday, 27 June 2005 13:03

March to savings

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You might not think of a utility bill, a lease or an invoice as a data goldmine. For Cadence Network Inc., a Cincinnati company that processes invoices for its clients, however, such documents reveal information that can save a business hundreds or, in some cases, thousands of dollars. Cadence Networks doesn't just pay the bills; rather, it collects historical data from the invoices and uses it to make recommendations to its clients regarding their utility purchases and to spot changes in usage that may indicate a problem or the need for a change in the way it procures services. For…
Monday, 23 May 2005 12:18

Think cards first

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Supply chain management technology and processes have come of age, with sourcing strategies, e-procurement and spend data analysis tools generating significant returns on investments. While senior financial executives are charged with squeezing even the smallest inefficiencies out of routine business processes, few have explored perhaps the final frontier in supply chain management -- the payment. There is no single answer to the question, "How should I pay?" An important place to start is learning about the fundamental economics and benefits of each type of payment. Your mission is to achieve an optimum mix of electronic and paper payments. The first…
Friday, 22 April 2005 10:52

Go global

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Increased pressure on the dollar can bring with it substantial advantages to businesses. Many business leaders see opportunity in a weaker dollar value through the international marketplace. Of course, looking to a foreign market is nothing new; successful business leaders have always thought beyond our borders to open a world of new market opportunities. Are you ready? To be successful, you need to make informed decisions and a commitment in terms of time, staff and funds. But it's within your reach. The numbers add up First, ask yourself, is your product something that foreign consumers or manufacturers might need or…
Tuesday, 22 March 2005 06:46

The business of nursing

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With the Bureau of Labor Statistics projecting the need for 1 million new and replacement registered nurses by the year 2010, nursing schools around the country are exploring creative ways to increase student capacity and reach out to new student populations. One innovative approach that is gaining momentum is the accelerated degree program for non-nursing graduates. Offered at both the baccalaureate and master's degree levels, these programs build on previous learning experiences and educate individuals with undergraduate degrees in other disciplines to become nurses. The programs may be offered in compressed formats or in year-round scheduling so individuals can complete…
Tuesday, 22 March 2005 06:37

Service bells

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For a Midwestern city right smack in the heartland, Cincinnati is wired. Cincinnati is decorated with American tradition, bolstered by long-standing businesses and spotted with southern hospitality and suburban sprawl. It might be a typical town, but if you ask Jack Cassidy, it's a telecommunications hub with a captive market for services. People are tuned into technology. Big time. "On a per-capita basis, Cincinnati is the most high-speed market in the U.S., by far," says Cassidy, president and CEO of Cincinnati Bell. Forty percent of the city's 600,000 households connect to the Internet through broadband; the national average is 30…
Thursday, 24 February 2005 08:46

Business taxes

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Would you be surprised if you went to your local fast food drive-through, ordered a burger, opened the bag and found prime rib? That might be a pleasant surprise, but a surprise just the same. Why? Because that's not what you bought. That's not what you paid for. In fact, it wasn't even on the menu. It's the same for professional tax services. High-level strategy services may or may not be on the menu of your tax service provider, and the expertise is unlikely to be found within your internal tax department. But in either case, if you haven't ordered…
Monday, 31 January 2005 11:46

Graduate school

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Attending graduate school is a significant step which involves planning, commitment and discipline to complete a rigorous, yet fulfilling, program. Adults often wonder if graduate school fits into their career plans. Should they enroll part time and continue employment, or go full time? And, what is the best graduate program to help achieve goals and objectives? In today's market, there are many reasons adults are considering and seeking a graduate education. * As society becomes more fast-paced and competitive, many employers are requiring more education. An advanced degree in such fields as organizational leadership or business can open the door…
Sunday, 26 December 2010 19:00

PEDCO bridges the generation gap

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  Jerry Doerger wasn’t surprised when young employees began working on projects while listening to iPods and texting on cell phones. After all, he has four millennial children, and he sees the multitasking and embracement of technology every day. “What I have been able to recognize and to accept is the different working philosophies and the different working patterns between the baby boomers and the millennials,” says Doerger, vice president of the engineering and architecture firm PEDCO E&A Services Inc. “I’m living with it at home, so I understand it a little bit better. I’ve started to work with some…
Sunday, 26 December 2010 19:00

Treating it like their own

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At PowerNet Global, President and CEO Bernie Stevens and his team of employees believe that their business is a gift from God, and without him, they would not be able to continually give back a percentage of their profits to local communities and other ministries around the world. Instead of taking an approach that centers on just their business and PowerNet Global, employees treat the company’s finances as their own, and on their own, they give, so as a company they give. In fact, they’ve given to or participated in 86 different ministries. But their generosity is more than just…
Sunday, 26 December 2010 19:00

Call for action

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Cincinnati Bell is committed to the principles of corporate community responsibility and good corporate citizenship and regularly demonstrates that through its actions. The company, led by President and CEO Jack Cassidy, is involved with many organizations and has been working for more than 130 years to make the community a great place to live and work. And through its philanthropic efforts, the company focuses on four key areas: arts and culture, civic and community, youth and education, and sponsorships and donations. With arts and culture, Cincinnati Bell puts its resources behind raising money for the Fine Arts Fund to make…
Sunday, 26 December 2010 19:00

Jewish Community Federation

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Nonprofit Executive Director of the Year AwardAs CEO of the Jewish Community Federation of Cincinnati, Shepard “Shep” Englander has restructured the organization to be more collaborative, competitive, transparent and responsive to its community and partners. Since his arrival in 2004, he has helped the organization fulfill its mission to care for those in need, rescue those in harm’s way and renew and strengthen the community in Cincinnati, in Israel and around the world.The federation is charged with building community resources, leadership and trust. The organization was founded on the Jewish people’s commitment to “tzedekah,” the concept that it is righteous…
Sunday, 26 December 2010 19:00

Messer Construction Co

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CVS Samaritan AwardAt Messer Construction Co., employees believe that giving back to local organizations will help create vibrant communities, and those vibrant communities will benefit everyone.The philosophy of the construction company is that corporate citizenship isn’t necessarily based on the amount of money people give but more about personal engagement. When people get engaged, it changes them and they can change the lives of people affected by the organizations that they help. Because of this, Messer is committed to supporting organizations where employees personally choose to invest their personal resources, leadership, energy and time.While it’s not about money, employees certainly…
Sunday, 26 December 2010 19:00

The Pillar Awards

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Few things are more meaningful and important than investing time and resources in supporting our community, and in this issue, we honor companies and their employees who have gone above and beyond the call. All too often, these companies and their workers are our region’s unsung heroes. Several years ago, we decided to do something about that. On behalf of everyone at Medical Mutual of Ohio and our Pillar Award co-founding partner, Smart Business Network, we are proud to present these inaugural awards for community service in the Greater Cincinnati and Northern Kentucky region. I personally want to congratulate this…
When people think of their business insurance, they tend to think of property, contents and regular general liability, but they often forget about the dynamic evolution of risks that aren’t covered by most policies. “With every lawsuit, something else pops up,” says Jonathan Theders, CRA, president of Clark-Theders Insurance Agency Inc. “A lot of times, companies stick with the status quo. They just renew their current policies to keep things going.” However, blindly renewing your insurance ignores any new potential risks that may have cropped up since your last renewal. Instead, find a proactive broker to help you analyze your…
Saturday, 25 September 2010 20:00

The Frey file

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Born: Binghamton, N.Y.Education: B.S. degree in industrial engineering, The University of Rhode Island; MBA, Harvard UniversityWhat was your first job, and what did you learn from it?My first job out of college, I was an industrial engineer for a company called Polytechnic Research and Development, working on computerized, electronic checkout systems for naval aircraft. I had a very strong leader in that job. He taught me what he called a box theory. That is when you have an area of responsibility in your box, you not only have to do what you’re supposed to do but you have to get…
Thursday, 26 August 2010 20:00

S. Kay Geiger united PNC and National City

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On the day it was announced that The PNC Financial Services Group Inc. would purchase National City Bank, S. Kay Geiger immediately rallied her employees — new and old — around the fact that the company would be stronger moving forward. Her message was this: Here were two of the oldest businesses in the Greater Cincinnati and Northern Kentucky region, and combined, they would be a superior entity than they were as independent parts. That same message went out to customers and to the community, and throughout the merger, that message never faltered. Any acquisition and merger brings questions of…
Whether you’re a child at school or a successful business owner, everyone wants to stand out. People who are special or different than their peers stand out in a way that makes others take notice. If you can make your company stand out to your insurance company, you may find you get better coverage and pricing, and the peace of mind that comes from knowing that your agent knows the ins and outs of your business as well as you do. “When your carrier and agent understand the entire scope of your business, they will be able to make the…
Friday, 25 June 2010 20:00

Mentoring mindset

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Winner Supporter of Entrepreneurship Rob Daly put more than 75,000 miles on his car in 1993 because he refused to miss his son’s games. Daly was busy starting a telecommunications company in Cleveland, called CBG, but he wanted his family to stay in Cincinnati, where they were comfortable. His determination and long hours in the car paid off. Daly sold the company after three and a half years, while it was doing $78 million in sales. He was there to cheer his son on at every game. Daly strives to do what is right for the people in his life,…
Friday, 25 June 2010 20:00

Right timing

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Winner Business Services Raymond Bohac understands where speed and timing gets you. A high school graduate in the peak of the technology boom, Bohac decided to forego college feeling the training would put him behind once he entered the IT industry. He opted for several IT certifications and began working as a programmer at a call center outsourcer. Once again, he quickly learned the need for speed. Bohac saw a software issue that was limiting adaptability and causing the company more man hours than needed to provide new customers with the proper call recording software. Realizing the company could make…