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    Kurt Beier

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Articles

Taking aim at the middle: New Conseco Insurance leader says growth will be found in average households

October 17, 2005

Four months into his job as president of Conseco Insurance Group, Michael Dubes is explaining his strategy to return the subsidiary to profitability. Then, ice cream enters the conversation. Dairy Queen, he argued, continues to thrive despite an onslaught of competitors offering more expensive treats. The key to the franchise’s success is that it has never wavered from its middleincome target audience, Dubes said. He is applying the same simple tactic to grow the group’s portfolio of policyholders, while many…

Pumping out healthy profits: Stand-alone heart hospitals now bustling, earning millions after overcoming slow starts

October 10, 2005

Business heated up so fast for The Heart Center of Indiana last winter that it averaged 103-percent occupancy for an entire month. That meant the Carmel hospital often had to hold patients in an emergency room or short-stay location until space opened for them, Heart Center CEO John Stewart said. “We literally, multiple times, had to refuse [patient] transfers,” said Stewart, whose hospital is spending $4 million to add 20 beds that should be ready for patients next month. After…

Coastal is in the name, central Indiana is its game: California-based firm cultivating its local operations

October 10, 2005

Despite its name, Coastal Partners LLC is firmly entrenched in the heartland. Most of its current projects are in central Indiana, as are about half its employees. In August, the Sacramento-based firm hired Tom Ott to oversee its central Indiana operations and new development. Ott, a respected 10-year veteran of the local office of Los Angeles-based CB Richard Ellis, plans to continue his relationships in the local brokerage community to further Coastal Partners’ presence in the area. Although the name…

South-side exit finally sparking development: Wal-Mart might by key to I-65/County Line interchange meeting expectations

October 10, 2005

An interchange linking Interstate 65 and County Line Road completed six years ago is finally helping attract large commercial development to a busy Johnson County corridor. While Greenwood city officials are pleased by the amount of activity occurring there, they question why it took so long. “We thought it would take off much sooner than it did,” said Ed Ferguson, Greenwood’s director of planning, zoning and economic development. “We still have several hundred acres available in what we call the…

Women gain place at table: Increase in WBE firms seen at airport

October 10, 2005

At $1.66 billion, the 1.2-millionsquare-foot midfield terminal project, scheduled to open in late 2008, is more than the future gateway to the city. It is a gateway of opportunity for many local women-owned business enterprises (WBEs). The Indianapolis Airport Authority’s commitment to increasing participation of women-owned businesses is more than lip service. “Over half of the users of our airport are women,” said Lacy M. Johnson, president of the IAA board of directors and champion for women-owned and minority businesses….

Bob Wilson & Associates Inc.: Consultant helps companies predict workers’ potential Personality test provides key information to guide businesses’ personnel decisions

October 10, 2005

Personality test provides key information to guide businesses’ personnel decisions It may not be fortunetelling, but the Predictive Index gives important clues about an individual’s success or failure in certain jobs. In Indiana, Michigan and Ohio, the trademarked personality test is licensed to Bob Wilson & Associates Inc., a Carmel consulting firm that works with more than 200 companies, helping with hiring, retaining, managing and motivating employees. The firm also works with corporations on strategy and other management services. Wilson,…

BEHIND THE NEWS: Is exec a fraud or just bad at business? A jury will decide

October 3, 2005

Forget Disneyworld. The real excitement in Orlando, Fla., this fall likely will be in a federal courtroom, where Carmel native James T. O’Neal Jr. is scheduled to stand trial on charges he swindled millions of dollars from the rich and famous, including high-profile Indianapolis businesspeople. A federal grand jury indicted O’Neal a year ago on 82 felony counts of money laundering, mail fraud and filing false tax returns. If the 12-person jury finds the 60-year-old Orlando resident guilty, he could…

Atlas tenderloin tradition lives on: Family pays homage to ‘sticker lady’ at Carmel deli

September 26, 2005

But her connection to the grocery runs deeper. Her mother, Debbie Davis, was an Atlas institution, earning her “sticker lady” nickname from children who received the treats she kept in a toy treasure chest at her register. Debbie died in June 2004 at age 52, following a prolonged battle with breast cancer. In her memory, husband Mike Davis created the “Debbie’s Make You Smile Fund” to benefit the Indiana University Cancer Center. It is supported by the sale of the…

Coming changes keep downtown a dining hub: Au Bon Pain coming to Circle, Noble Roman’s returns

September 26, 2005

Downtown is still sizzling for national restaurants looking to expand, based on recent deals. Au Bon Pain is cooking up a 2,200-square-foot Monument Circle store, taking over a recently closed Roly Poly Sandwiches shop and the Hardwickes Pipe & Tobacco that has entertained passersby for decades with its caricature statues. The Boston-based chain’s arrival in early 2006 will mark one of several dining changes near the Circle and one of the final steps in a tenant retooling of the Guaranty…

So far, VC deals scarce: BioCrossroads: Networking should spawn commitments

September 26, 2005

Almost two years ago, in October 2003, BioCrossroads debuted its $73 million Indiana Future Fund. In the time since, just three Indiana startups have received IFF-backed investments. But it’s not for BioCrossroads’ lack of trying. Both in public and behind the scenes, BioCrossroads is working diligently to put promising local life sciences prospects in front of venture capitalists. This year, BioCrossroads has already held two well-publicized Indiana Future Fund Entrepreneurial Forums: the first in April at Purdue University in West…

Database saves needy folks shoe leather: Salvation Army, Goodwill among groups joining Central Indiana Community Network

September 26, 2005

Central Indiana boasts hundreds of altruistic churches, agencies and not-forprofits. On their own, they each manage to lend needy folks a helping hand. But advocates for the disadvantaged know service providers could do much more working together. That’s why four years ago they began planning the Central Indiana Community Network, an online system that allows human service and work-force development organizations to securely share information. CICN launched in 2003 and recently added two not-for-profit heavyweights-the Salvation Army and Goodwill Industries…

VOICES FROM THE INDUSTRY: Does your 401(k) work as well as most pension plans?

September 26, 2005

This is definitely not the headline most workers wanted to see on the business section of the newspaper: “Traditional e m p l oy e r- f u n d e d pension plans outperformed worker-funded 401(k) plans during bear market.” The findings, based on a study conducted by the employee-ben efit consulting firm of Watson Wyatt Worldwide, bolstered critics’ arguments that 401(k) and similar retirement plans are not up to the task, when compared with defined-benefit pension plans, of…

Winning the wallets of the ultra-wealthy: Local investment firm enters fight for lucrative market

September 26, 2005

City Securities has placed attorney Stephan Hodge, a former Indiana state securities commissioner, and Kenneth Klabunde, a certified financial planner, at the helm of its recently established three-person Wealth Advisors division. Their goal is to offer portfolio management, tax planning, trust preparation and a host of other financial products to folks with at least $3 million to $5 million in assets. But they plan to deliver it with a level of personal attention few Hoosiers receive. And much of their…

‘1-of-a-kind’ Wal-Mart proposed: Michigan developer plans Carmel/Zionsville superstore

September 26, 2005

A Michigan developer plans to build a 300,000-square-foot shopping center anchored by a Wal-Mart Supercenter along Michigan Road north of 106th Street, continuing the rapid expansion of retail on the Michigan Road corridor. Heritage RDG LLC, a Grand Rapids, Mich.-based developer new to the Indianapolis market, recently filed plans with town officials in both Zionsville and Carmel to build the center. The 36-acre parcel straddles the Boone-Hamilton county line and must be approved by local governments in both counties. Project…

Pocket-protector crowd to preach quality: Group plans first conference to promote better practices in information technology

September 19, 2005

Because of them, people stocked basements with food, guns and ammo. Others fell prostrate on hilltops and sang Kumbaya. There was fear software developers would inadvertently destroy the world with the infamous Y2K computer glitch, in the opening hours of 2000. These days, however, it is the developers who are worried-about things like how a glitch can give hackers access to customer credit card and Social Security numbers. Or get companies in trouble when software doesn’t capture information required by…

Attorney: Heiress opposed big gifts: Deposition says Lilly upset when arts groups got $185M

September 19, 2005

Ruth Lilly garnered headlines around the globe in 2002 after an Indianapolis judge approved a new estate plan for the heiress that earmarked an estimated $185 million for two tiny arts organizations, the Chicago-based Poetry Foundation and Washington, D.C.-based Americans for the Arts. Now, in a newly public deposition, Lilly’s personal attorney, Tom Ewbank, charges his client was opposed to the large bequests and instead had wanted to funnel more of her billion-dollar estate into her own foundation, for the…

CHRIS KATTERJOHN Commentary: Beware the creep of urban sprawl

September 19, 2005

I’m happy for the city of Carmel that it wants to be a city in its own right, and not just a bedroom community of Indianapolis. I’m not so happy about some of its development practices. Up in my neck of the woods-western Clay Township-new subdivisions have sprung up like weeds, with little or no improvement to roads that support them. The resulting traffic delays have been maddening, to say the least. It’s not uncommon these days for me to…

Sugar Buzz brings convenience to child care service:

September 19, 2005

Parents who need a few hours for themselves at the last second can’t take their toddlers to conventional daycare centers. But they can take them to the new Playcare program launched by Sugar Buzz in Broad Ripple. Longtime pals Wendy Reed and Pam Weaver are the brains behind the concept aimed at parents who might need time to shop, work out or attend a meeting. Unlike traditional child care services, however, there are no upfront contracts or commitments. Instead, Playcare…

Delivery service takes Web shopping to the next level:

September 19, 2005

Richard Cherry knows the 30-minute delivery concept isn’t new. Pizzerias have been promising to deliver pies to the door in 30 minutes or less for years. And grocery stores have tried something similar, delivering milk, eggs and bread, but generally promising next-day delivery. Cherry wanted to deliver groceries-and more-in 30 minutes, so he teamed with 30-minute pizzeria guru Tom Monaghan, founder of Domino’s Pizza, and came up with 30MinuteMall. Using delivery employees known as CyberValets, virtual grocery stores and Web…

EYE ON THE PIE: Use property tax to boost investment

September 19, 2005

I walked a little more than two miles recently on the Monon Trail. This probably surprises those who know me. But even the most slothful will, on occasion, rise from the recliner and not go to the refrigerator. The Monon Trail runs from 10th Street in Indianapolis to 146th Street in Carmel. That’s about 20 miles. It follows the route the Monon Railroad abandoned in 1987. It has been identified as a model for other rails-to-trails programs. The trail is…

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