Cecil Bohanon and John Horowitz: Before wielding ‘socialism’ as a label, try to define it

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Steve Collier: The rule of law shouldn’t depend on who’s in charge

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Conservatives have always believed in the rule of law, limited government and keeping politics out of decisions where it doesn’t belong. Those aren’t just talking points. They’re rock-solid principles that have helped make Indiana a great place to live, work and do business, and they are principles we need to get back to.

A governor has every right to push for changes in state policy. That’s what voters elected him to do. But when a governor disagrees with an independent commission, that doesn’t mean he can simply change the rules or push aside the people making those decisions. There’s a process for a reason, and we should respect it.

Lately, Indiana has been drifting away from that common-sense approach. Consider what’s happening at the Indiana Utility Regulatory Commission. Gov. Mike Braun removed former IURC Chairman Andy Zay, whom he originally appointed to the IURC, as commissioner after first demoting him from the chairmanship role. Zay, in turn, responded with a lawsuit alleging improper political interference with the commission; the state and Zay subsequently agreed to settle the suit for $625,000.

That ought to concern every Hoosier, Republican or Democrat. We all want lower utility bills. But getting there shouldn’t mean setting aside the rules we’ve relied on for decades.

This concern is broader than any single commission or controversy. Recent disputes involving a GOP primary recount, the IURC commissioner shakeup and an AES rate case that led to the shakeup have each, in very different contexts, placed renewed attention on a state that appeared to be ready to bend the rules in order to pursue a political goal.

The particulars differ, but together they underscore why process matters. Indiana is strongest when consequential decisions proceed through established institutions and the rules governing them remain consistent when political pressure intensifies.

During my time as mayor, I learned that you don’t always get the outcome you want. That’s part of the job. You still must follow the law, respect the roles of other officials and recognize the limits of your own power. That’s what good government looks like.

This is about more than one commissioner or one disagreement. We can’t decide the rules only matter when we like the outcome. That’s not how Indiana has traditionally done business.

For years, Indiana has been known as a state where businesses and families know what to expect. We have worked hard to build a reputation of stability, common sense and government that stays in its lane. That reputation matters when companies are deciding where to invest billions of dollars.

Today, Indiana is at the precipice of some of the largest economic development deals in its history, which makes this concern all the more immediate. The LEAP Research and Innovation District, for example, is bringing tens of billions of dollars of investment to Boone County. And the IURC will be considering a $33 billion proposed acquisition of AES by Global Infrastructure Partners, which is part of BlackRock, and EQT Infrastructure, valued at more than $33 billion.

Investors know they won’t always get the decisions they want. But they need to know the rules won’t change because of politics.

The economic consequences of these issues are real and are already having an impact. A recent equity analyst report from Wolfe Research, for example, found that “political intervention in the regulatory process and volatility in the regulatory environment has meaningfully increased the risk and ROEs needed for investing in Indiana utilities.” Wolfe downgraded Indiana’s regulatory rating for political independence from “average” to “below average.”

Indiana can and must do better. We’ve spent years saying that government shouldn’t interfere with businesses and that the law applies to everyone without undue government interference.

We should be ambitious, competitive and willing to make tough decisions, but we need to get back to basics with clear rules, steady leadership and respect for the process.

Respect the rule of law. Let independent commissions do the jobs the law assigns them. Make the case for policy changes through the proper channels. And remember that winning an election doesn’t mean every institution of government should bend to your preferred outcome.

Those beliefs shouldn’t change just because someone from our own party is in charge.•

__________

Collier served two terms as mayor of Lawrence.

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Nate Feltman: Indiana’s next economic leap depends on entrepreneurs

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Indiana has spent decades building a business-friendly reputation. That strategy has paid dividends. We’ve attracted more than our share of economic development projects, while supporting the growth of homegrown companies such as Eli Lilly and Co. and Cummins Inc. into global leaders and welcoming major foreign investments from companies like Honda and Nestlé.

Our success building our advanced manufacturing and life sciences sectors didn’t happen by accident. It was the result of smart investments and strong, collaborative public and private leadership. Successive governors and legislators have worked to lower taxes, improve infrastructure, create a better regulatory environment and invest in quality of place.

While we still have more work to do, including improving Hoosier health and education outcomes, Indiana is widely viewed as a top destination for investment. To make our next economic leap, however, we must compete in an economy increasingly shaped by artificial intelligence, automation and emerging technologies. That will require greater focus on entrepreneurship and developing the next generation of Hoosiers who will create, lead and grow tomorrow’s businesses.

Indiana has many of the ingredients for a stronger entrepreneurial economy. Our colleges and universities attract talent from across the country and around the world, while our research institutions produce discoveries with commercial potential. We should accelerate the process of moving research beyond the laboratory into new products, companies and jobs. More of the intellectual property developed at our universities should become the foundation for companies headquartered in Indiana that grow into significant employers.

That requires a deeper pool of venture and growth capital and stronger connections throughout our startup ecosystem. Organizations such as Elevate Ventures, BioCrossroads and gener8tor help entrepreneurs access capital, mentorship and networks. Private venture capital funds such as those of High Alpha, co-founded by ExactTarget entrepreneur Scott Dorsey, are also making a difference. The state’s partnership with Israeli venture capital firm Iron Nation is an encouraging development. Attracting investors to fund ambitious Indiana companies must remain a priority.

We must also address the cultural challenge that can discourage risk-taking. Hoosiers value hard work, practicality and Midwestern modesty. Those are admirable qualities, but we shouldn’t confuse modesty with a lack of ambition. We should encourage young Hoosiers to think big, take chances and believe they can build companies that compete with the best in the world. That mindset should be nurtured throughout our education system, particularly through stronger entrepreneurship programs at our colleges and universities.

Established business leaders also have an important role. They can open doors, provide advice, invest capital and create opportunities for emerging entrepreneurs. We need to make it easier for talented people to see Indiana not just as a place to find a good job but as a place to build something of their own.

We also must do a better job telling Indiana’s entrepreneurial story. We have success stories, but our Midwestern modesty sometimes keeps us from sharing them. Celebrating the entrepreneurs who take risks and the companies they build can inspire others to follow.

We must move beyond traditional economic development tactics and work to create the conditions for founders to choose Indiana, scale in Indiana and become the next generation of Indiana success stories.

The next great Indiana company might start with a college student’s idea, a researcher’s breakthrough or an entrepreneur willing to challenge an established industry. We’ve done a good job building the economy we have today. Our challenge is to build tomorrow’s economy. Indiana has proven it can attract the world’s best companies. Now we need to prove we can create more of them ourselves.•

__________

Feltman is CEO of IBJ Media and publisher of IBJ and The Indiana Lawyer.

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Editorial: When the electorate is unhappy, ignore at your own peril

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Whatever you think of this week’s election results, one message is clear: Voters will revolt when they’re unhappy.

Democrats won across the country and Indiana, even in places that Republicans have dominated for decades. Just look at Hamilton and Boone counties, where Democrats unseated a Republican congresswoman, several GOP state lawmakers and a number of county officeholders.

Analysts are calling it a blue tsunami. But giving Democrats too much credit for running the right candidates talking about the right issues ignores a key reality: Many voters were frustrated — at the Trump administration, at gas prices and at the cost of groceries to feed their families. And so they went to the polls to wield their mightiest sword: their votes.

Public officials of all political stripes would be wise to take heed. The key message: Don’t take voters for granted.

We’ll point to Republican Victoria Spartz, who was ousted from her 5th District congressional seat on Tuesday by Democrat J.D. Ford. Spartz has essentially played with voters for several years — at one point two years ago announcing she wouldn’t seek reelection, then changing her mind at the last minute, then winning and announcing she would no longer caucus with Republicans or serve on committees.

Really, what choice did voters have? Even in a statement after she lost, Spartz said going back to Congress would have meant “wasting my time on Democrat circuses in D.C.” That doesn’t sound like someone who wants to go to work for their constituents.

Of course, when a political wave of considerable size washes across the electorate, elected officials of all kinds are caught up in its wash. We were sorry to see that House Speaker Todd Huston, a Republican from Fishers, was defeated. We think he’s been a strong leader in the House and advocate for a strong Indiana business climate and economy.

Huston did not wallow in the loss or blame opponents’ tactics. Instead, he said that “ultimately the national headwinds were too difficult to overcome in a number of our races.” And he called serving Hoosiers and Hamilton County voters “the honor of my life.”

Minority Leader Phil GiaQuinta, center, is surrounded by his Democratic colleagues on Tuesday as they celebrate breaking the Republican supermajority in the Indiana House. The GOP maintained control of the chamber but lost seats. (Indiana Capital Chronicle photo/Tom Davies)

That’s the right attitude. When you are elected to public office, you serve at the will of the voters.

That’s an important reminder for all of us. We have endless debates about term limits and gerrymandering and increasing voter turnout, which are all important issues. But sometimes those debates imply that voters aren’t smart enough to make a change when they’re appropriately motivated.

Voters showed us on Tuesday that they can indeed make changes.

Republicans must now reevaluate what led to voters’ frustration and outrage. “For Republicans, the message could not be clearer,” said Andrew Ireland, a Republican who lost his seat in the House. “If we want to win, we need a new direction in leadership here in Indiana. I look forward to being an active part of that conversation in the years ahead.”

Democrats should evaluate the message voters are sending, as well, or risk facing a similar fate in two years.•

__________

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Matt Huckleby: Don’t ignore the politics behind data center protests

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I’ve seen this playbook before.

I’ve spent most of my career in Republican politics. I served as the executive director of the Indiana Republican Party for nearly seven years, and I’ve advised Republican governors, members of Congress, state legislators and local candidates all across Indiana. After watching campaigns of every stripe for more than two decades in politics, I’ve learned to recognize the radical left’s playbook when I see it.

The campaign now forming around data centers looks very familiar.

To be clear, there are legitimate questions surrounding these projects. Communities should ask questions about electricity rates, water, noise, setbacks and infrastructure, and developers should work with communities to solve them.

But legitimate concerns are increasingly being drowned out by misinformation, exaggerated claims and talking points being pushed by some very familiar political actors.

Let’s start with communist China.

Artificial intelligence may be the most consequential economic and national security competition of our lifetime. AI requires computing power. Computing power requires data centers and enormous amounts of reliable electricity. President Trump has made his position unmistakable: America needs to build this infrastructure or risk falling behind China.

Apparently, China understands that, too.

X recently discovered a suspected Chinese bot farm containing roughly 200,000 accounts, some 200 of which were specifically seeking to manipulate the American debate over AI, energy and data centers. They pushed claims about rising electricity bills and grid strain and used AI-generated cartoons portraying data-center companies getting rich at the public’s expense.

OpenAI separately uncovered a likely China-based influence operation doing something remarkably similar. Operators posed as Americans and created anti-data-center content designed to exploit existing concerns over energy costs.

China didn’t create American opposition to data centers. But Chinese-linked actors are clearly trying to fuel and amplify it.

And they aren’t alone.

U.S. Sen. Bernie Sanders and U.S. Rep. Alexandria Ocasio-Cortez have introduced legislation calling for a federal moratorium on AI data-center development. Democratic Socialists of America chapters are organizing against projects across the country. In DSA’s own publication, organizers discussed the value of framing data-center opposition as a “nonpartisan issue” capable of bringing people from across the political spectrum into their movement.

The Party for Socialism and Liberation is even less subtle. Its activists have connected data centers to border enforcement, war and capitalism. One campaign put it plainly: “Fighting back against data centers means fighting for socialism!”

Believe them.

Behind this community organizing sits an advocacy infrastructure built over decades. Michael Bloomberg poured tens of millions into the Sierra Club’s campaign against coal-fired power generation. Other progressive organizations involved in today’s data-center debate have received support from massive liberal funding networks including George Soros’ Open Society Foundations and the Sixteen Thirty Fund. Neville Singham, a wealthy socialist donor whose relationships with China have drawn congressional scrutiny, has funded organizations active in the same broader protest ecosystem.

This isn’t new. From the Green New Deal and open-border advocacy to protests against the Keystone XL pipeline and major industrial projects, the target may change, but the playbook stays the same.

At some point, the pattern raises a bigger question. Maybe the objections and propaganda from the radical left are not to the merits of each issue or project. Maybe they object to the basic tenets of free enterprise and the American way of life.

There are real issues surrounding data center development that should be addressed through thoughtful negotiations and reasonable state and local policies. But Hoosiers, and specifically Hoosier Republicans, need to recognize that legitimate concerns are being weaponized to deceive us and turn us against each other.

When self-described socialists, anti-capitalist organizations, longtime opponents of American energy development and foreign influence operations all see strategic value in convincing us not to build the infrastructure of the AI economy, that ought to tell us something.

I’ve seen this playbook before. We don’t have to take the bait. •

__________

Huckleby is vice president of MO Strategies and a former executive director of the Indiana Republican Party.

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Pete the Planner: The optimization trap: A better life via purchases

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Tiffany Sauder: Nothing eases burnout blues like genuine progress

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Cecil Bohanon and John Horowitz: Inventing products, building markets are different skills

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_________ _

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Editorial: New ways to bet raise questions for lawmakers

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___ _______

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Lesley Weidenbener: The wisdom of not knowing

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As a young reporter, I went to my editors with many, many questions related to newsworthiness, ethics and reporting, and they seemed to have all the answers. My friends and I often talked about whether we would ever know enough to be an editor.

Fast forward 25 years, and here I am. But, as I’m sure you know from reading this column, I don’t have all the answers. I just have more experience, which has given me (hopefully) more wisdom about how to handle specific situations.

But what you learn as you move into management is that leadership isn’t about knowing all the answers; it’s about being willing to make decisions and be accountable for them. Someone must make the tough calls. In my world, that person is the editor.

I was thinking about that last week as I interviewed Langham Logistics founder and CEO Cathy Langham and Ice Miller partner Melissa Proffitt on stage at IBJ’s Women of Influence event. We honored Langham with our Career Achievement Award and Proffitt with our Outstanding Mentorship Award.

Both talked about how their definitions of success and leadership have changed over the course of their careers.

Melissa said she has learned she doesn’t need every answer or to win every battle. Cathy said she has learned that the value of her business is about more than financial success. Both are embracing workplace expectations they wouldn’t have considered earlier in their careers. And both are more willing to take risks.

Cathy described starting in trucking, eager to make money, outperform her male colleagues and become successful. She eventually discovered that, despite being a top producer, she wasn’t being compensated accordingly. So she started her own business.

Today, her definition of success is much more about the impact of her company. She talked about Langham Logistics’ move into life sciences and the significance of helping move products that improve people’s lives.

“We are impacting the world, and we’re really making a difference — and loving every second of it,” she said.

Ice Miller partner Melissa Proffitt, left, and Langham Logistics founder Cathy Langham, middle, talked with IBJ Editor Lesley Weidenbener on Oct. 22 at a Women of Influence event. ((IBJ photo/Chad Williams))

Like me, Melissa thought leadership was about having all the answers, winning every battle and knowing exactly what to do.

But after years of leading not only at her firm but as chair of some of central Indiana’s most important boards, Melissa puts more value on listening, letting others make mistakes and moving forward with others’ ideas.

“Sometimes, it is really the best thing to not pick every battle — and in fact to lose battles,” she said. “One, because, once again, you’re not always right, and two, strategically and also just from a humanistic standpoint, let other people win battles. Let them see what that does for them. And in fact, that may take you down an even better path than you thought you could drive yourself.”

Both women are willing to take risks now that would have seemed too scary years before. Cathy talked about moving into life sciences without fully understanding the industry. She even suggested that too much preparation can become an obstacle.

Melissa, who has been involved in Republican politics, recounted watching former U.S. Rep. Susan Brooks freely acknowledge when she didn’t know something. Melissa initially thought that was a terrible strategy. But she came to recognize that Brooks’ honesty made her more effective: Constituents were willing to help educate her, and relationships grew stronger.

Successful leaders understand they don’t know everything and are willing to make decisions — and even take risks — anyway. But that’s something you largely learn with time.

Watch the full conversation at IBJ.com/videos.•

__________

Weidenbener is editor and assistant publisher of IBJ and The Indiana Lawyer. Reach her at [email protected].

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Michael-Paul Hart: A forgotten lesson: You can’t be a downtown of nothing

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Mayor Bill Hudnut liked to say, “You can’t be a suburb of nothing.” He was right, and Indianapolis bet the city on it. We built the Hoosier Dome, landed the Colts and turned “India-no-place” into the front porch of the entire region.

That gamble paid off. Today, however, many of our city’s leaders have forgotten the second half of the lesson: A downtown needs a flourishing city around it. The townships where most of us live are watching helplessly as families, shoppers and tax dollars flee to the doughnut counties. Hudnut’s warning 50 years ago cuts both ways now. Our beloved city is becoming a downtown of nothing.

Our neighbors aren’t waiting on us, and they shouldn’t. Fishers built a $170 million event center for pro hockey, volleyball and concerts. Noblesville built a $93 million arena for the Pacers’ G League team. Westfield has Grand Park Sports Campus.

Doughnut county leaders are doing exactly what Hudnut did: building places people want to go.

Indiana residents are flocking to these suburbs. In 2025, Hamilton County added 7,351 residents. Marion County added 1,983. A county with fewer than half our population grew nearly four times as fast, and Boone and Hancock were among Indiana’s fastest-growing counties for the third year running. The doughnut counties aren’t stealing our residents. They’re earning them. Our job is to earn them back.

If Marion County wants to remain an economic engine for our state, we must reassess city policy, infrastructure, schools and the inputs that make families want to stay.

This spring, the Ransburg YMCA closed after 67 years on the east side, just as the YMCA finished its brand-new center in Westfield. The Y is following the money and the people, and I don’t blame them. This is a pattern our city is facing: The new facilities are moving north, and the old ones in Warren Township lock their doors.

Washington Square Mall, in my district, is the same story told slower. A decade ago, it had the lowest occupancy in its owner’s entire portfolio. That was the moment to step in and reshape it. Instead, the city waited, hemmed and hawed, and the mall and its surrounding neighborhoods kept sliding.

When community cornerstones fade, families don’t stop shopping or swimming or going to games. Instead, they do it in Fishers, Avon or Greenwood — and eventually buy a house there. Every one of those moves takes a homeowner, a tax bill and a customer out of Marion County.

Earlier this month, the City-County Council passed a $1.9 billion budget for 2027, nearly 11% bigger than last year’s. Some of it reaches the townships: a new roundabout at East 46th Street and Mitthoefer Road, a 20% bump for parks maintenance and more road money that comes from a wheel-tax increase. Roads are critical, but raising taxes on working families to pave them is not something I would call a win.

Roads and repairs only keep the lights on; they don’t give families a reason to stay. In a $1.9 billion budget, there is no strategy to replace the Ransburg Y, which needed about $1 million a year to survive, and no line items for Washington Square, Lafayette Square or any township town center.

Downtown, meanwhile, is finishing a $250 million convention center expansion beside a bond-financed, taxpayer-backed, 800-room Signia hotel. Those are fine projects, but I want the places where most of our residents live to be in the same conversation.

Here’s my solution: Invest in the townships like we invested in downtown.

This isn’t downtown versus the townships. Downtown still needs us, and we need it. The strategy that rebuilt the downtown we enjoy today — land assembly, tax-increment financing, public-private partnerships and a mayor willing to stake his name on a deal — should be applied to our townships, where most residents live.

Here’s what that looks like:

• Give every township a center. Our aging malls and commercial strips are our biggest redevelopment sites. Treat them like economic development projects, not code-enforcement problems.

• Build community anchors where families live. Rec centers, youth sports and event space keep people close to home. If Westfield can host tournaments, so can Warren and Pike townships.

• Reward people who reinvest in their homes. Cities in Ohio use residential tax abatements so fixing up a house doesn’t trigger a bigger tax bill. We should, too.

Washington Square is where we’re proving it. Neighbors, the town of Cumberland, Local Initiatives Support Corporation Indianapolis and local planners have a vision for a retail and dining village, a multigenerational rec center to fill the hole Ransburg left, a small-business incubator and new mixed-income homes tied into the Pennsy Trail. It will take private capital, grants and patience — and the city treating a mall on East Washington Street with the same seriousness it once gave Market Square Arena.

Hudnut understood that the suburbs needed a strong core. Fifty years later, our city leaders have abdicated that lesson. A great downtown surrounded by tired, often dilapidated townships isn’t a great city. It’s a nice place to visit from Fishers.

If we want Indianapolis to grow, we have to give people a reason to stay. Indianapolis cannot be a mere destination to work and watch a game; we must create a thriving place to live, shop, swim and raise a family. We built a downtown worth being a suburb of. Now let’s build a city worth being the downtown of.•

__________

Hart, a Republican, represents District 20 on the Indianapolis City-County Council.

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Jasmin Shaheed-Young: The referendum is the floor, not the finish line

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Some Indianapolis voters may be on the fence about this November’s referendum affecting the Indianapolis Public Schools, and I understand why.

The roller-coaster ride of groceries, insurance and housing costs has complicated most of our lives over the last several years. Public education in this city has also been a whirling dervish of confusion and change. There have been new state laws, a new governing body called the Indianapolis Public Education Corp. and years of arguments between the district and charter schools over buildings, money and control. A voter could reasonably ask who is in charge and why they are asking me to pay more.

Most of those fights happen far from the classroom. The 41,000 students in public schools within IPS boundaries don’t experience a governance model. They experience whether the bus comes on time, whether an adult notices when they fall behind and whether the teacher who learned their name in July or August is still there in May.

The operating referendum voters approved in 2018 expires Dec. 31. IPS has already made significant budget cuts, and even deeper cuts are contemplated if this referendum does not pass. At a time in which schools across the state are making tough fiscal decisions, they are also working hard to raise literacy rates and close achievement gaps while competing for teachers considering higher pay in surrounding districts.

The referendum proposed by the Indianapolis Public Education Corp., or IPEC, would raise up to $95 million a year for four years, primarily to keep teachers in classrooms and improve the student experience. For the first time, those dollars would follow students who live within IPS boundaries, whether their family chose a traditional public school or a public charter school. A child’s access to public support shouldn’t depend on how their school is governed, and this referendum treats it that way.

I’m asking you to vote yes and to treat that vote like any other investment: Expect a return and ask to see it.

IPEC is building a shared accountability framework for traditional and public charter schools. To be useful, it needs to report results separately for Black and Latino students, students with disabilities and English-language learners because a schoolwide average can hide a group that isn’t growing. It also needs to track what happens after graduation. How many students enroll in college and finish? How many earn a credential that leads to a high-wage job, and how many go on to earn enough to support a family and buy a home?

Those numbers tell us whether a diploma is a path out of poverty.

Indianapolis has never held its schools to that standard consistently. Over the next several months, I’ll lay out what I think accountability should look like.

Those questions belong in the 2027 mayoral race as well. Anyone who wants to lead this city should be able to explain how they will make sure a diploma from any public school here, public charter or traditional, leads to a well-paying job and a stable life. Our workforce and our tax base depend on it.

Vote yes in November. Then let’s hold this newly created system accountable for those results.•

__________

Shaheed-Young is the founder & CEO of Rise Indy.

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Cecil Bohanon and John Horowitz: Pressure to perform can lead to cheating

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Mickey Kim: Are the ‘bond vigilantes’ finally riding into town?

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Garrett Mintz: Leading through growth without breaking the organization

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