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VIEWPOINT: 5 Tips to Make Entrepreneurs Resilient When Challenges Threaten their Business
Many entrepreneurs discover that building a business brings difficult challenges, which in turn require resilience to overcome. But simply having the capacity to recover and keep going doesn’t always lead to better results. Resilience in the context of long-term business success also means learning from past difficulties and, as a result, changing direction to the right path. […]
VIEWPOINT: The Path to Business Success? Treat Employees as Assets, Not Expenses
Any number of factors can cause businesses to struggle. A lack of working capital. Poor planning. Ineffective management. But one factor that always affects business performance is employee engagement and the degree to which employees feel valued by their company. Your company’s profitability depends on its people — and you want your team to be composed of
VIEWPOINT: Record-high public pension-fund return won’t necessarily mean lower pension costs
The cost to taxpayers of New York’s generous (and constitutionally guaranteed) pension benefits for state and local-government employees depends largely on the performance of pension-fund investments. So when Comptroller Thomas DiNapoli announced recently that the state Common Retirement Fund had earned a record return of 33.55 percent last year — nearly five times the assumed rate —
VIEWPOINT: U.S. DOL Withdraws Independent-Contractor Regulations
On May 6, the U.S. Department of Labor (USDOL) withdrew its final regulations that would have revised the standard for determining whether a worker is an employee covered under the Fair Labor Standards Act (FLSA) or an independent contractor who is not subject to the FLSA’s minimum wage and overtime requirements. According to the USDOL, the independent-contractor
VIEWPOINT: How to Find Donors, Volunteers, and Employee Retirees Now
“Those who are happiest are those who do the most for others.” — Booker T. Washington Fifteen months has now passed since the COVID-19 pandemic was officially announced. We have an entire country of individuals, apart from our front-line heroes, who are desperately trying to reconnect and return to life in the “new normal.” The three ideas and
VIEWPOINT: Does Your Company Care About The Environment As Much As Consumers Do?
It’s not just a product’s quality that compels consumers to purchase it. More people today care about how the item was manufactured and whether the company is harming the environment. Studies show sustainability is a factor driving customers’ buying decisions. Recent research by IBM revealed that nearly six in 10 consumers surveyed are willing to change
VIEWPOINT: Ask Rusty: Will Taking 401(k) Distributions Affect my Social Security Benefit?
Dear Rusty: I’m 63 and retired from work, but not drawing Social Security. I have accumulated just over $300,000 in my rollover 401(k) IRA. My wife is still working full time, so we have medical, dental, and vision coverage. I have a few questions: 1) When I take IRA distributions throughout the year, do those dollar
VIEWPOINT: Leadership’s Need for More Courageous Authenticity
As a leadership-development specialist and certified executive coach, I work with leaders who are interested in scaling their leadership. Scaling leadership is defined as building organizational capacity to create outcomes that matter most. The scope of development is typically in three focus areas: 1. The leader as an individual 2. The leader’s team(s) 3. The organization the
SMALL BUSINESS SPOTLIGHT: Mazzye’s Meats: “Meating The Highest Standards”
SALINA — At 6:30 in the morning, when most of us are asleep or enjoying our first cup of coffee, Drew D’Angelo arrives at Mazzye’s Meats, at 7252 Oswego Road (Route 57) in Salina, to begin preparing the store. D’Angelo sanitizes the store, fills the cases, and prepares the meat for the day. While there’s
CEO FOCUS: Applications for State Regional Council Funding Now Open
The Central New York region has had remarkable success through the Regional Economic Development Council (REDC) process, receiving the most funding to date out of all 10 council regions. By aligning critical projects to a clear vision for our region, this initiative has transformed our skylines and downtown districts and allowed businesses across the community to expand
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