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    Rick Bossingham

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Articles

VIEWPOINT: What you eat hits your bottom line

May 28, 2007

For most companies, medical costs eat up half or more of corporate profits. Employees in poor health hurt the bottom line through sick days and productivity losses from chronic disease, including diabetes, obesity, cancer and heart diseases. But on a hopeful note, corporate wellness programs often show a high return on investment. Du Pont saw that each dollar invested in workplace health promotion yielded $1.42 over two years in lower absenteeism costs. The Travelers Corp. claimed a $3.40 return for…

BEHIND THE NEWS: Missing the market rally: state retailers slumping

May 28, 2007

It’s a great stock market for many companies, but Hoosier retailers like The Steak n Shake Co., Finish Line Inc. and Shoe Carnival Inc. are being left in the dust. You know a retailer’s having a tough time when it says it was hurt by stormy weather, high gas prices and housingrelated woes-all at once. Steak n Shake CEO Peter Dunn put it succinctly in a conference call with analysts this month: “As gas prices go up and as interest…

Law lets small employers band together for insurance: Experts disagree on whether associations will take off

May 28, 2007

The Healthy Indiana Plan, which enacts a system to bring affordable health insurance to low-income Hoosiers, is one of the most far-reaching pieces of legislation to arise from the General Assembly this spring. The noble cause could provide coverage to about 15 percent of the state’s population. Yet it could affect the small-business community as much as the state’s growing number of uninsured. House Bill 1678, introduced by State Rep. Charlie Brown, D-Gary, and signed by Gov. Mitch Daniels May…

NOTIONS: How to beat the high price of dependence on petrol

June 4, 2007

Went to the gas station last week. Filled ‘er up. It’d been a few weeks since I’d done that. Seemed like the price had jumped pretty dramatically. The pump clicked off. The total read $48.75. Egad. Next day, Indianapolis declared a “Knozone Air Quality Action Day.” Some fellow at the Department of Public Works told the local paper there was “literally dirt in the air.” The paper described this gunk as “floating particles the diameter of a human hair,” particles…

EYE ON THE PIE: Commuting boosts earnings for Hoosiers

June 4, 2007

I was delighted to receive a new disc from the U.S. Bureau of Economic Analysis containing the latest annual data on economic conditions in every county in the nation. Now I have a more detailed picture of how our state functions and is changing. For example, the daily flows of commuters between counties within and outside Indiana are essential to our economic health. By commuting, Hoosier workers find better jobs and firms get the best workers. Commuting is easier when…

Life sciences initiative seeks to increase California ties

June 11, 2007

BioCrossroads is exploring an unusual new strategy to boost the development of Indiana’s life sciences industry: Team up with
San Diego. Advocates say it’s a novel approach with enormous potential for Indiana.

Commentary: How can city become more elder-friendly?

June 11, 2007

Hubert Humphrey once noted that “the moral test of government is how it treats those who are in the dawn of life, the children; those who are in the twilight of life, the elderly; and those who are in the shadows of life, the sick, the needy and the handicapped.” Our population continues to age. The number of seniors in Indianapolis is on the threshold of doubling-from 95,500 in 2000 to 187,500 in 2040. Therefore, it is incumbent on us…

City steps up effort to help immigrants: Mayor’s wife spearheading program to better acclimate newcomers

July 2, 2007

The burgeoning number of immigrants arriving in Indianapolis have a new source available to help them navigate unfamiliar surroundings and the kaleidoscope of social support systems available. The Immigrant Welcome Center is a program launched in October that uses volunteers dubbed “natural helpers” to link foreign newcomers to such basic needs as health care, government and transportation services. Although the effort is nearly 9 months old, it’s just now getting up to speed as organizers are interviewing candidates to lead…

Snyder crams for job as Ivy Tech president

July 9, 2007

In the three months since being named president of Ivy Tech Community College, Tom Snyder
has read up on the school’s history and held meetings with 4,000 faculty, students and others to gain insight into the school.
He’s also made decisions about hiring, cost-cutting and student services.

Industry takes deep breath over ozone: Tougher EPA standards could force costly emission controls, choke economic growth

July 16, 2007

Just when the nine-county metro area appeared back in the good graces of the federal government where ozone levels are concerned, the feds want to tighten the standard once more. Manufacturers and other businesses that pump pollutants into the air that combine with sunlight to produce ozone are “apprehensive” about the proposed new rules, said Patrick Bennett, vice president of environmental, energy and infrastructure at the Indiana Manufacturers Association. Businesses in non-attainment counties face possible restrictions on expansion of facilities…

Strides taken in life sciences, experts say: Industry panel: Thanks to ongoing efforts, Indiana has experienced serious progress as biomedical hotbed during last 5 years

July 23, 2007

Five leaders of Indiana’s life sciences industry offered their perspectives at the Indiana Convention Center June 26 as part of the Indianapolis Business Journal’s Power Breakfast Series. The panelists: Mike Arpey, managing director of global investment bank Credit Suisse’s Asset Management Division and manager of the $73 million Indiana Future Fund for BioCrossroads, the state’s life sciences economicdevelopment initiative. Ron Ellis, co-founder, president and CEO of Lafayettebased Endocyte Inc., a biotechnology company focused on the treatment of cancer through receptor-targeted…

NOTIONS: A property tax sigh of relief and a reform wish list

July 23, 2007

The nightstand clock reads 5:17. Too early to wake up. But hey, I’ve been tossing and turning for hours, so why lie here any longer, pretending? The cause for this night’s insomnia is money. Money for two kids starting college. Money to replace the Money to paint the house. Money for employees’ salaries. Money for employees’ parking. Money for employees’ retirement. Money for employees’ health insurance. Money for their families’ health insurance. Money to get the yellow highway paint off…

Hicks to oversee Ball State’s Bureau of Business Research

July 23, 2007

Ball State University announced today that veteran economist Michael Hicks has been hired to direct its Bureau of Business Research. Hicks most recently was associate professor of economics at the Air Force Institute of Technology’s Graduate School of Engineering and Management at Wright-Patterson Air Force Base in Dayton, Ohio. He replaces Patrick Barkey, now director […]

Willow Marketing merges with Manuszak/Schoff

July 30, 2007

The Indianapolis marketing firms of Willow Marketing Management Inc. and Manuszak/Schoff have merged, Willow said today. Manuszak/Schoff principal Alan Schoff had moved to California to care for elderly parents, and the stress of balancing the care with his role at the marketing firm had grown too cumbersome, said Willow President Brad Gillum. Manuszak principal Mark […]

Opportunistic VMS builds event-planning powerhouse

August 6, 2007

Local hospitality firm’s early work with Lilly helped it carve out a major niche in the pharmaceutical market.

Busy Lauth develops into national power: Hoosier entrepreneurs fuel growth at real estate firm

August 13, 2007

Before they had fancy suits or fast cars, the four owners of Lauth Property Group were resourceful teen-agers, busy finding ways to make money. Chairman Bob Lauth, President Michael Curless and CEO Greg Gurnik each started neighborhood lawn-care businesses. The company’s treasurer and chief accounting officer, Larry Palmer, hawked programs at the Indianapolis Motor Speedway. At the time, their hard work and entrepreneurial instincts helped scrounge up date money. In the last few years, it’s helped them turn Indianapolis-based Lauth…

Land trusts find foothold in Indiana

August 13, 2007

In an effort to preserve Indiana woodlands , some property owners are transferring development rights to Central Indiana Land
Trust Inc., a not-for-profit environmental group. Owners can grant a so-called conservation easement in exchange for an impressive
array of tax benefits.

VOICES FROM THE INDUSTRY: Greener Indianapolis buildings could be within reach

August 13, 2007

In case you’ve missed it, energy dependence and environmental preservation are among the most pressing issues here at home and around the globe. The issue is forcing all of us to take a hard look at nearly every aspect of how we live. This self examination of sorts, extends point on building costs can sometimes move as a strategy to draw down life-cycle costs. Typically the increased front-end investment can be recovered within a relatively short period. In order to…

PROFILE THERESIA WHITFIELD: Changing direction after life-altering crisis Former CNN producer follows path to healing, new career after overcoming post-traumatic stress

August 13, 2007

Whitfield, owner of Indianapolis-based Fletcher Communications Inc., was a freelance television news producer working for CNN, Reuters News and the Christian Broadcasting Network’s news division in Washington, D.C., when American Airlines Flight 77 crashed into the Pentagon. Four years later, Whitfield crashed emotionally and was hospitalized suffering from posttraumatic stress disorder. The daughter of a retired Army officer, Whitfield, 39, had moved many times as a child before settling in Columbia, S.C. She graduated from high school in 1986, but…

Power broker Miles calling shots again in city

August 20, 2007

In the less than two years since Mark Miles, 53, took over the CEO-driven Central Indiana Corporate Partnership in 2006, he’s
transformed it into an economic development powerhouse for life sciences, information technology and advanced manufacturing.
How so fast? He started networking with Indiana’s political heavyweights more than 30 years ago. And he never stopped.

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