August 10, 2022
When COVID hit in 2020, and the world shifted to a new way of working, a few key players on the Goering Center team retired. There was so much love and respect for these folks that it was hard to work through the transition. Ultimately, it opened up the best professional opportunity I’ve had in my lifetime – leading our roundtable program.
August 5, 2022
I last wrote an article for the Goering newsletter in February 2020, before the world came to a crashing halt. The article outlined potential New Year’s resolutions for all business owners and leaders as they led their respective organizations into a new year. After all, if these stewards of their businesses weren’t making time for introspection and “white space” to think strategically with the long view in mind, who was? I focused on the key issues of (1) reviewing and updating business succession/exit strategy planning; and (2) thoughtfully evaluating whether one’s current outside advisors could still advise and provide the necessary resources to take the business to the next level of sustainable growth.
August 5, 2022
Sweepstakes and contests are effective marketing tools that are used by businesses to promote new products, engage customers, and increase sales. Promotions of this nature have become increasingly popular due to the rise of social media. Sweepstakes and contests are often easier to implement, less expensive, and more effective at promoting a business’s products than methods used in a pre-social media age.
August 5, 2022
Reimagining how your employees experience your employee benefits can help you retain and attract employees. Much like how we experience other transactions, the Member Journey of your employees and their families is critical.
August 5, 2022
Every few years, organizations have an opportunity to press pause, reflect, and charter a new course. Strategic planning provides this opportunity. Best practices for strategic planning include assessing where your organization is today, aligning on a vision for the future, establishing key performance indicators to measure your success, and charting milestones to guide your actions.
July 5, 2022
Finding and keeping quality talent continues to be a top concern for companies of all sizes. For small businesses, the challenge is that much more daunting because we are often competing against much larger organizations with vast resources and brand recognition. It’s metaphorically like treading water in the deep end of a pool, or in some cases, the unfriendly seas!
July 5, 2022
As both our personal and professional worlds become increasingly digitized, sticking to old cash-and-check payment systems means businesses are losing time and money. Even for companies that are already accepting card payments, investing in modernized and integrated processes improves efficiency; provides value through increased collections, lowered cash handling costs and incentives; and improves your business’s relationship with clients and customers, inspiring loyalty.
July 5, 2022
Selling a closely held business is often one of the biggest events in a business owner’s life. The professional and personal impact is tremendous, and the process is complex, often involving careful coordination of wealth management, estate and charitable planning, tax, and business transition and investment banking experts to get the deal done. Despite the complexities, the sale can be successfully accomplished by dividing the process into five distinct steps, outlined below.
April 15, 2022
Luke Perry, Perry Contracting, was recently named the Associated Builders and Contractors 2022 National Young Professional of the Year — a testament to the years of dedicated and committed work he has made to his family business, industry, and ABC.
November 4, 2021
The University of Cincinnati Carl H. Lindner College of Business hosted the Greater Cincinnati and Northern Kentucky African American Chamber of Commerce (AACC) in the Kautz Attic in Lindner Hall for the chamber’s monthly Exchange event in late October.