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Articles

EYE ON THE PIE: Are unions really that important?

December 10, 2007

Uncle Uriah Marcus visited us on Thanksgiving. It took over a week to recover. He blames “the @#%$# unions” for most of our state’s woes. Uncle Uriah asserts “them big unions scares businesses away from Indiannie.” A sample of his views: High property taxes: It’s the teachers’ union’s fault because teachers keep pushing up their earnings and reducing their responsibility. Congestion in cities: Bus workers’ unions keep fares too high for anyone to ride the bus. The battle between the…

VOICES FROM THE INDUSTRY: Community’s socio-demographics drive retail decisions

December 3, 2007

In a perfect world, developers and retail brokers would poll community residents to find out which stores, restaurants and services they want. And, then we’d send nice letters to Trader Joe’s and Whole Foods, or the Cheesecake Factory and Steak n Shake, and we’d tell them that the neighborhood is clamoring for soy milk or a double chocolate shake. That would make things so much easier. In the real world, it’s much more complicated. And the final vote is always…

SPORTS: A greedy impasse makes radio relevant again

December 3, 2007

Of this, that and the other: A fond childhood memory is of summertime evenings spent with my father on the screened-in back porch of our farmhouse. While my dad enjoyed a cigar and a frosty libation after a hard day’s work, we would dial in either a Cincinnati Redlegs or Chicago White Sox game on the radio. There, as the sun went down and the flickering dance of the lightning bugs became visible, we’d follow through the static the exploits…

Hancock developer’s plan matures: Copper Leaf would be region’s largest, most comprehensive senior housing

November 19, 2007

What started as Jim Brothers’ search for an assisted-living facility for his mother could end up as the region’s most comprehensive retirement “resort.” The president of The Bradford Group, an Indianapolis residential developer, has been working several months to get the zoning he needs for Copper Leaf. The 177-acre community on the east side of McCordsville would be home to 400 to 600 residents and sport a nine-hole public golf course. About 30 acres would be set aside for restaurants,…

Corporate meeting rooms become high-tech wonders: High-definition videoconferencing a growing option

November 12, 2007

Corporate PowerPoint presentations are becoming so passé. Just as consumers are craving high-definition television sets for their living rooms, corporations and hotels are taking the next step and integrating the technology into their boardrooms and meeting space. Besides videoconferencing in high definition, other high-tech gadgetry now available for both the business and hospitality sectors includes digital signage displaying messages for employees or guests, and digital room scheduling alerting when meeting rooms are in use. While some companies are upgrading to…

Fast-growing WDG built on years of industry experience: Veteran of Kite, Lauth branches out on his own

November 5, 2007

For Mike Wyman, a devastating fire that gutted the family home during his teen-age years laid the foundation for a rewarding career in construction. The 41-year-old Wyman climbed from carpenter to become a leader of projects at two of the city’s largest commercial developers before launching his own company in 2005. WDG Construction & Development Services Inc. on East Washington Street downtown has since grown into a firm that expects to top $30 million in revenue next year-double this year’s…

Fine arts programs prepare students for real world: Artists taught how to deal with galleries, market work

November 5, 2007

Most fine arts students used to exist in a bubble-running to class in paint-splattered clothing and practically living in their studios, channeling their muse and honing their craft. Once they graduated, those who were driven enough to try to make a living off their talent still had a lot to learn about running a business. But now many universities are doing more to make sure art students graduate with the business skills they need. Local photographer Ginny Taylor Rosner graduated…

IU forecasts modest growth in 2008

November 1, 2007

Sounding downright Greenspanian, economists at Indiana University’s Kelley School of Business said this morning they are “cautiously optimistic” that 2008 will be a year of modest growth. The U.S. economy will grow 2.5 percent, less than the 3 percent they expected for 2007, they said during the business school’s annual breakfast meeting downtown. Indiana’s economy […]

City ready to launch bid for USA Basketball

October 22, 2007

Indianapolis is poised to launch a bid
to attract USA Basketball’s headquarters from its Colorado Springs home. The not-for-profit national governing body for men’s
and women’s basketball in the United States recently put out a request for proposals for a new headquarters city.

Local support key to intermodal site, exec warns

September 27, 2007

The LaPorte area has about everything necessary for an intermodal facility, the director of CSX Intermodal said during the annual Indiana Logistics Summit in Indianapolis yesterday. The key to landing an intermodal project is community support, Michael Gallis said. However, while economic developers and other officials in the northwest Indiana city back the idea, many […]

LESSONS LEARNED JENNIFER Q SMITH Queen of Fuzz, AvantGarb: Have

September 24, 2007

LESSONS LEARNED JENNIFER Q SMITH Queen of Fuzz, AvantGarb Have It’s hard to take Jennifer Q Smith too seriously. Oh, she’s the consummate professional, to be sure-responding to an e-mail inquiry about her company with the speed and savvy you’d expect from someone who has run her own business for 20 years. Her marketing materials are slick, her shtick smooth. Her northeast-side work space is clearly well used. But the hot pink fuzz ball that looms in the entryway (dressed…

Home entrepreneurs test child-care waters

September 24, 2007

Motherhood is a common path to the home-based child care business, but more childless women looking for self-employment options
also are getting into the field. Nearly 3,000 Indiana child-care providers are licensed to provide services in their homes–including
469 in Marion County.

Size matters to Greenwalt: After cutting ties to construction firm, developer focuses on small projects

September 24, 2007

Greenfield was up to about $150 million in sales by 2000, when the Greenwalt family sold its commercial construction firm. Founder Max Greenwalt then went to work with his sons Jeff and Lynn at the development company. About the same time, Greenwalt Development tweaked its mission to focus on senior-living communities and medical office projects-scaling back the size of the firm in the process. The leaner company now has $15 million in annual revenue and nearly $14 million in projects…

ECONOMIC ANALYSIS: How Wal-Mart fulfills the promise of its new slogan

September 24, 2007

Economists usually don’t follow marketing slogans, but Wal-Mart’s shift from its “Always Low Prices” slogan to “Save Money, Live Better” caught my eye. The slogan is based on a study by the national consultancy firm Global Insight. During a 2005 conference on Wal-Mart, Global Insight’s economists released a study showing the average American family saved a little more than $2,300 annually by shopping at Wal-Mart. The current marketing campaign uses updated estimates of Wal-Mart’s savings at about $2,500 per year…

VOICES FROM THE INDUSTRY: It’s OK for philanthropic motivations to be a little selfish

September 24, 2007

It probably goes without saying that New Yorkers can be, well, a bit difficult. As a fund-raiser for a NYC-based not-forprofit for many years, I encountered my fair share of these folks, which is one reason why I really looked forward to coming back to my home state of Indiana. Having grown up in Indiana, I knew of the kindness and generosity shown to me by neighbors, teachers-even complete strangers-but I’d never lived and worked here as an adult. More…

Relocation survey says: ‘Go [Mid]west,’ young executive: Companies are sending more of their employees to the region; overseas transfers are also on the increase

September 17, 2007

Midwestern cities are unlikely to top the list of vacationing hot spots, but they are a popular destination for relocating employees. That’s the consensus from the latest Corporate Relocation Survey conducted annually by Evansville-based Atlas World Group, whose largest subsidiary is Atlas Van Lines, the second-largest interstate motor carrier in the United States. The study revealed that nearly a third of firms, 29 percent, are sending more employees to the Midwest than any other part of the country. Surprisingly, the…

Aiming to save, Children’s Museum goes it alone: In-house construction crew builds exhibits from scratch

August 27, 2007

A sign on the basement wall reads “Construction Zone.” Nearby on the router table, window frames are taking shape along with decorative pieces that will adorn the façade of a World War IIera brownstone. Behind a red plywood wall a few floors up, hammers knock and saws shrill as workers erect a 13,500-square-foot homage to three children who changed the world. It’s just another day at the office for the production crew at The Children’s Museum of Indianapolis. For months,…

VIEWPOINT: How do we round up 11 million people?

August 27, 2007

Sometimes, important social and political issues can be seen most clearly beyond Interstate 465. Take the problem of illegal aliens, for instance. The latest statistics indicate 11 million to 12 million people, mostly from Latin America, are living in this country illegally. The practical reality is there’s no way to “round up” 11 million people and ship them back to their countries of origin. How do we go about it? About 11 million people live in Ohio. How realistic would…

RETURN ON TECHNOLOGY: Saving printer paper doesn’t save much money

August 20, 2007

At one company I know, the head of information technology took note of rising printing costs and took decisive action. He immediately asked everyone to start printing on both the front and back of each printed sheet. Every time I saw people in meetings flipping pages up and down trying to read front-and-back, I wondered if he’d done the math, because it’s highly probable he didn’t save much at all. The big cost in copiers and printers isn’t paper, but…

FUNNY BUSINESS: The World of Tomorrow hovers, prepares to land

August 20, 2007

It’s a hovercraft, the M200G from the fine folks at Moller International of Davis, Calif. It has eight rotary engines that create enough oomph to lift the thing about 10 feet in the air, just high enough to zoom over traffic and crack your head on a stoplight. Which, let’s face it, would add a much-needed element of comedy to the average morning commute. But anyway, about the car: It’s about time. I’ve been waiting for this thing since I…

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