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By Sean Paige Critics may contend that the less-than-scandalous findings of the first-ever “performance audit” of the Economic Development Corp. mean it was a waste of time and money, which unnecessarily called the group’s reputation into question. As someone who helped put the process in motion — and who reads much more into the report… Continue Reading Auditor’s report on EDC numbers tells many tales

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Getting trade basics and numbers wrong

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Why do so many (most?) business reporters and television talking heads, along with a boatload of economists, get the story dead wrong on trade? Whenever the latest U.S. trade numbers — i.e., exports, imports and the trade balance — are released, if imports are up and the trade deficit expands, a cacophony of voices spout… Continue Reading Getting trade basics and numbers wrong

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The myth about what’s behind the numbers

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Economists and businesspeople alike claim that numbers tell all. You can hide a problem, you can rationalize around it, you can even pretend it isn’t there. By the end of the month or the quarter, the numbers will tell the truth, the whole, truth, and nothing but the truth — unless you cook the books.… Continue Reading The myth about what’s behind the numbers

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The recession isn’t over for a lot of businesses but many others have come through the storm and are still standing. Citing American Express, the Wall Street Journal reported on April 15 that “the nation’s small businesses are now looking to grow, with capital spending and hiring plans up.” On May 4, the WSJ reported… Continue Reading Lessons that the recession should have taught us

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Sometimes the old clichés are valid and it’s time to cut your losses, throw in the towel, pull the plug and call it quits. This may sound negative but it’s actually a positive concept because the goal in business is to constantly improve. Determining when it’s time to end something that was once an important… Continue Reading Knowing when to call it quits is not an easy call to make

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Trust is key to success

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Trust comes from ownership, and in our workplaces, the degree to which trust each other is the central ingredient for success. A few weeks ago, residents of Fukishima, Japan said they did not trust their leaders to tell them the truth about the amount of radiation their children were being exposed to. And recently the… Continue Reading Trust is key to success

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If you’ve been reading this column regularly, you know we’re big on small business. Small business owners are the backbone of the national economy. As a small business owner, you provide jobs, innovation and leadership. You support your community with retail goods, events to attend, restaurants to savor, and services that help the rest of… Continue Reading Celebrate small business and its future on June 9

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Aim for Energized Alignment

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The term alignment is receiving increased attention in the business world. CEOs are looking to align their entire organizations. Managers are attempting to align their teams. Change leaders at all levels are attempting to align people behind new strategies and initiatives. So what is alignment? Generally, alignment means that a team, a group, or multiple… Continue Reading Aim for Energized Alignment

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If you’re like most of us, your workdays are inundated with meetings — whether with customers, employees, vendors, bankers or professional advisors. It might seem like the last thing you need is another meeting, but are you missing “the most important” meetings? Most meetings take care of day-to-day business, but how often do you meet… Continue Reading Are you missing all your most important meetings?

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National Labor Relations Board attacks

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Should a federal government agency dictate where a business can and cannot produce goods and services in the U.S.? Of course not. Right? Well, as crazy as it might sound, that’s what the National Labor Relations Board (NLRB) is doing to a leading manufacturer. Doing the bidding of the International Association of Machinists and Aerospace… Continue Reading National Labor Relations Board attacks

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