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Y&L shoots for Lands’ End: Underdog Young & Laramore fights national advertising behemoths for $10 million account

The seemingly undersized, undermatched independent advertising agency Young & Laramore has found itself in the national spotlight competing for a multimillion-dollar account with some of the industry’s largest national players. The Indianapolis-based firm best known for its award-winning ad campaigns for Steak n Shake, Goodwill Industries and most recently Stanley Steemer, is one of four finalists vying for the lucrative Lands’ End broadcast creative contract. Young & Laramore’s competitors for the Lands’ End account are Omnicom Group’s BBDO and Downtown…

TAKING A GAMBLE: Charity poker fund-raisers risk running afoul of the law

When it comes to charity poker in Indiana, players and organizers alike need to know more than when to hold ’em and when to fold ’em. They also need to know whether they’re walking-or running-away from a legal game. Poker’s growing popularity has given rise to a veritable jackpot for aficionados nationwide. In Indiana, where wagering is only allowed at state-sanctioned riverboat casinos, many of those who want more than a home game are finding action at tournaments that benefit…

Feed store offers unique product mix: Retailer remains a Wanamaker institution, despite having numerous competitors

Wanamaker Feed and Seed Feed store offers unique product mix Retailer remains a Wanamaker institution, despite having numerous competitors Pig noses, pig ears, cow hooves, wind chimes, jackknives, horse feed, bottled water, Indiana-dipped candles, carousel bird feeders-the inventory at Wanamaker Feed and Seed runs an interesting gamut. And owner Jim Trimble knows what to add, because he takes the time to know every customer and find out exactly what is wanted. (The first three items are for dogs to chew…

Cable operator to battle Ma Bell for downtown customers: Bright House to roll out telephone biz late this year

Bright House Networks plans a fourthquarter launch of residential phone service via its cable television system, bringing new competition to entrenched SBC Communications and to local exchange resellers in the heart of the city. That area includes the downtown business district, where Bright House already provides cable TV and high-speed Internet. Phone service tailored for commercial use “is probably a year out,” said Doug Murray, general manager of voice services in Indianapolis for the St. Petersburg-based company. Such a product…

Dads let these moms soar: Some couples find it makes more sense for the father to be in the stay-at-home parent role

Sometimes they do it for economic reasons. Or perhaps they don’t want their children to be raised by baby sitters. Whatever the case, some couples find it makes more sense for the dad to be a stay-at-home parent. And sometimes-as with the couples in this story-that decision has helped enable the moms’ careers to soar. Debra Minott, director of the Indiana Personnel Department, was working for Eli Lilly and Co. in San Diego when she had her second child in…

Purdue student plays key role in “RFID for Dummies”: Book helps businesses implement logistics technology

Patrick Sweeney was the book’s author. Most other books on RFID consider only the highly technical aspects of the technology, Sweeney said. “RFID for Dummies” is aimed at businesspeople charged with actually implementing the technology, or for those who determine its ROI. “This is really the first book of its kind that walks people through the logical process to deploy an RIFD system,” Sweeney said. The cost of implementing RFID is based For an up-and-coming new technology like radio frequency…

RETURN ON TECHNOLOGY: If you’ve got the culture, you can share knowledge online

There’s a new buzzword just aching to make its way into your vocabulary. It’s “distributed cognition.” It means two or more heads are better than one. Nobody knows everything, so it’s a good idea to hook everybody together in big webs of knowledge. For many knowledge-management vendors, it’s a recycling of their sales pitches for knowledge bases and the like. The theory is that if you can get everybody busily contributing knowledge to an online location where others can use…

IU embraces RFID education: Radio frequency identification an essential part of supply management studies

Trucks and trains have been absent from the curriculums of most kindergarten classes for years. But at Indiana University in Bloomington, the toys are proving to be a valuable teaching tool. The Supply Chain Management Academy at IU’s Kelley School of Business employs the playthings to show students how radio frequency identification works. Known as RFID, the technology is expected to replace the familiar bar code. It consists of a tag imbedded with silicon chips that carry up to 96…

EYE ON THE PIE: Columnist ignores the good news

“Bad news, the downside, grousing-that’s all you ever offer in your column,” Fred Fetid declared. We were sitting on his deck enjoying the songbirds and the new green of the trees about us. Fred and I have been neighbors nearly 20 years. He is the greatest complainer I have ever met. “There’s lots of good stuff out there to talk about, but all you do is moan about the world,” Fred persisted. “Just look at the Indiana General Assembly this…

Departure could cost Standard millions: Former top executive seeks severance package worth about $3.8 mllion

Standard Management Corp. may have to add more than $10 million to the cost of completing its shift to health care services from financial services if a former top executive prevails with his severance claim. P.B. “Pete” Pheffer, the holding company’s former president and chief financial officer, became the latest top executive to leave Standard Management with a severance dispute when he resigned May 31. He claims his contract calls for a severance package worth roughly $3.8 million. On top…

VIEWPOINT: Arts are a good investment for business

This summer, there are two red-letter days for the arts and cultural scene as well as our city and state: the official opening of the new home of the Herron School of Art on the IUPUI campus, which was set for June 3, and the dedication of the Indianapolis Art Center’s ARTSPARK Aug. 21. These events are only two of the many activities in 2005 that will help position Indianapolis as an arts and cultural destination, a goal set by…

Network Engineering Inc.: Computer firm remains flexible Owner says diversifying keeps company nimble

He started the original version of his business back in 1984, fresh out of college. One Internet, one dot-com boom, one Y2K and one dot-com crash later, he’s still in business. Spilker is president of Network Engineering Inc., which is essentially a spin-off of his original company, Information Engineering Inc. A lifelong Indianapolis resident, he graduated from Purdue University with a degree in computer technology. As soon as he graduated, he started Information Engineering because he wanted to run things…

Interns follow unique paths: Some internships offer more freedom, creativity

Internships can offer valuable learning experiences for college students looking to land the ideal job following graduation. But few provide an opportunity quite like the one extended by the Indianapolis Cultural Development Commission in its quest to market the city as a cultural destination. By summer’s end, three undergrads will have traipsed the Hoosier state visiting fairs and festivals in a van decorated with the large, red arrow becoming synonymous with the promotional campaign. Whether their itinerary includes stops at…

Women’s group aims to pool philanthropic resources: High hopes for first year: two $125,000 grants to local charities

They want to make a difference-a significant, six-figure difference in a world where progress often comes $100 at a time. By this time next year, the dozen women at the core of a new philanthropic effort hope to have found 100 or more like-minded individuals willing to open their hearts and their checkbooks to help the central Indiana community. Modeled after similar initiatives in Cincinnati and Pensacola, Fla., the idea behind Impact 100 Greater Indianapolis is simple enough: get 100…

Trade zone gets bigger: Expansion should help Duke, Anderson lure tenants who export, import goods

An expansion of Indianapolis’ foreign trade zone to include Duke Realty Corp.’s west-side industrial parks might not result in a flood of new tenants for the local developer, but it’s expected to help economic development officials lure firms that ship goods by truck and rail. Officials of Duke and central Indiana economic development agencies were to announce on June 3 that the local foreign trade zone has been expanded from 5,500 acres around the Indianapolis International Airport to 7,100 acres….

Company helps keep students on course: College Network offers college-study assistance

There may be no shortcuts to a college education, but Indianapolis-based The College Network says it can offer some passing lanes for working people who want to add to their professional credentials. The College Network, 3815 River Crossing Parkway, Suite 260, is a nationwide business that publishes educational materials for adult students who want to earn an undergraduate degree, graduate degree or professional certification in their current field. TCN is not a school and does not provide degrees itself, but…

Long commute for former Lt. Gov.: Kathy Davis to lead South Bend tech firm

Her days as lieutenant governor are finished, but it didn’t take Kathy Davis long to find a new management role. She’s accepted a job leading South Bend-based telecommunications connectivity provider Global Access Point. “After we lost [the election] and I knew I’d be looking for a job, I thought it would be ideal if I could find some entrepreneur who was very technical and needed some help on the management side,” Davis said. “Then I was fortunate that opportunity came…

BULLS & BEARS: SEC task force looks into soft-dollar arrangements

Conflicts of interest in the securities business have probably existed ever since the first stocks were traded in 1792 under the buttonwood tree at the tip of Manhattan. With the formation of the Securities and Exchange Commission in 1934, regulators attempted to mitigate conflicts via securities laws and full disclosure requirements. An issue that is receiving attention these days from the SEC, one investors are probably not aware of, are the “soft-dollar” arrangements prevalent in the industry. In May 1975,…

BEHIND THE NEWS: Chicago Express bidder in several court tangles

I n d i a n a p o l i s real estate executive Edward Okun had a low profile in business circles here before he splashed into the news two months ago as the winning bidder for ATA Holdings Corp.’s Chicago Express Airlines. Two weeks later, however, he yanked his offer, valued at $3 million to $4 million. The reversal added to the air of mystery surrounding Okun, a 54-year-old Carmel resident. A closer look at Okun, president…

EYE ON THE PIE: Party loyalty is ruining Congress

“Congress is the root of all evil” is a line from the delightful musical comedy built on the characters of Al Capp’s “Li’l Abner.” I always saw that as an exaggerated point of view coming from the far right or the far left. But today, I am beginning to believe it. I am neither far right nor far left. Yet I cannot understand how our society could be sustained without an independent judiciary to protect us from Congress and their…