Start-ups & Entrepreneurs

by Eric Jay Toll

A start-up is an idea, a corner of the garage, the spare bedroom and every spare minute. The Great Recession may have been Arizona’s start-up booster. “There were suddenly a lot of people with great ideas and no jobs,” says Setheraman “Panch” Panchanathan, ASU’s senior vice president for the Office of Knowledge Enterprise Development. “They didn’t have much more to lose, so … [More]

Jeffrey Pruitt, Tallwave

from Jeffrey Pruitt

Small business is touted as the backbone of our economy. And Arizona is ranked No. 1 among the 50 states on the respected Kauffman Index of Entrepreneurial Activity. Taking these two realities in tandem gives a very positive outlook for our statewide economy — and an even stronger one for the Valley, with its preponderance of business incubators hosted by municipalities, … [More]

Insurance: Quietly Supporting the Economy

by Don Rodriguez

It’s not too often that Arizona State University President Michael Crow is joined by Arizona Gov. Jan Brewer to say, “Welcome to the neighborhood!” But when ASU’s new neighbor is looking to occupy 2 million square feet of office space valued at $600 million, who can blame the duo for leading the welcome wagon? The planned regional headquarters for State Farm Insurance … [More]

Facebook or Face Time? Communication Approach Matters

by Michael Houlihan

Technology has made many aspects of modern living more convenient and “connected,” but the pendulum has swung too far. This “technology takeover” is not without consequence. Misunderstandings abound. Relationships stagnate. Trust is at an all-time low. And all of these issues are at least partially due to the fact that genuine human connections are becoming a thing of the past, … [More]

Spot Business Opportunity in Tomorrow’s Economy

by G. Michael Maddock and Maria Ferrante-Schepis

Some of today’s largest, most recognizable companies may not be around after the next several years. To succeed, company leaders must not only be able to innovate, they must recognize opportunity and ensure they’re poised to seize it. Napster’s impact on the music industry is an example of the need to be alert to opportunities in innovation. Napster was a rule-breaking company … [More]

Due Diligence as Partnership

by Otta Ramos and Dan Avery

As the economy picks up, so does mid-market merger and acquisition activity. Yet successful deals remain elusive. According to a wide array of respected industry studies, the failure rate of M&A deals ranges between 70 and 90 percent. Even the most upbeat research shows M&A success as a 50/50 proposition at best — daunting odds for such a high-stakes venture. The … [More]

Role-relevant Certification Helps in Recruiting Talent

by Don Wagner

The publication of 2012 global jobless figures reveals a deepening of the crisis plaguing employers in every town around the globe. A paradox between numbers of unemployed and difficulty in recruiting talent is here for a generation. And while widespread unemployment and the need to up-skill populations has been widely reported, one vital ingredient is absent from the … [More]

Richard Lehmann: A Sure Hand at the Helm of Biltmore Bank

by Kristian Seemeyer

Sometimes prevention really is the best cure. Through sound decisions made in the midst of a very sick economy, Richard Lehmann, founder and CEO of Biltmore Bank of Arizona, warded off troubles other banks encountered. But he knows all too well the woes of being the forgotten patient, or at least one left to fend on its own. Think about being that patient, not well, coming … [More]

Executive MBA Is Competitive Edge for Law Firm

by RaeAnne Marsh

National law firm Quarles & Brady recently developed an executive MBA program for its partner-level attorneys in collaboration with The Mendoza College of Business at the University of Notre Dame. “It was an opportunity to learn in the way business owners learn all the things our business-owner clients are concerned with,” says Leezie Kim, one of two partners in the Phoenix … [More]

Business Booms from Maricopa County Home Show

by RaeAnne Marsh

More than 500 local home improvement businesses will showcase their products and services at the Maricopa County Home Show at the University of Phoenix Stadium this month. A survey by Maricopa County Home Shows indicates 43 percent of attendees will hire a contractor within 60 days after a show, and are more likely to spend their combined budgets of more than $148 million with … [More]