CEO Corner

Focus on Service Amid Difficult Economy Solidifies Customer Relationships and Opens New Opportunities

It’s no surprise that people and supplies are in short supply these days. The labor shortages and supply chain disruptions that became acute during the pandemic still stubbornly persist. Companies are having a hard time hiring the workers they need at all levels, and unpredictable supply chains are forcing many businesses to tell customers they […]

Read the full article

Inflation Reduction Act: Massive Commitment to Clean Energy Fuels Opportunity for Business

Business owners should always look for opportunities to expand their markets or pivot their product lines to take advantage of changing marketplace conditions. Whether opportunities come in the form of new marketplace demand that can boost revenues or tax incentives that can save money, recognizing the opportunities and making the changes needed to take advantage […]

Read the full article

The ‘ESG’ Transformation: Redefining Success in a Changing Business Marketplace

While financial results and solid fundamentals remain vital benchmarks of business success, many companies today are embracing environmental, social and governance (ESG) issues as key elements in their strategic plans. But what is ESG and why has it taken a prominent place at the top of corporate agendas, from large multinational corporations to locally owned […]

Read the full article

Control Costs and Communicate Effectively to Weather Economic Swings

Facing the twin economic impacts of high inflation and a potential recession is rare, but here we are. The continuing challenges of supply chain shortages and a tight labor market, as well as soaring energy prices, have fueled inflation to an annualized level over 8%, after several years of relatively tame inflation. Consumers are feeling […]

Read the full article

Private Equity as a Business Transition Option: Thinking Outside the Box

Family business owners looking to transition ownership of their companies are usually familiar with the traditional options. You can transfer the business to a younger generation of the family. You can find an outside buyer. You can sell to an inside management group, or to the company’s employees through an ESOP. Another choice, though, is […]

Read the full article