Companies and shareholders depend on auditors to provide unbiased, independent analyses of financial statements, but new research from the University of Missouri shows auditors can be influenced and misled by information provided by the organization’s management. The study, “The Effect of Partition Dependence on Assessing Accounting Estimates,” is presented by Nate Newton, … [More]
Camelback Corridor Resurgence
Since the grand opening of the Arizona Biltmore Resort in February 1929, the area known as the “Camelback Corridor” hasn’t missed a development beat. Stretching along Camelback Road between 7th and 64th streets, the submarket long ago reached the “built out” stage, with virtually every infill site along the route developed into premier residential or commercial space. That … [More]
Even Successful CEOs Need Peer-to-Peer Feedback
Patrick Stafford’s Phoenix-based business has a front-row seat to the global economy. His tower cranes are shipped all over the world — anywhere there’s a building boom and a need for a 300-foot crane to help change the skyline. His equipment has been on construction sites in Dubai, Ireland, Guam, Brazil, Uganda and Peru —to name just a few countries. Locally, Stafford … [More]
Zoning – Consequences of Code Violations
Zoning is the manner in which cities and counties regulate land use. Typically, land is divided into residential, commercial and industrial districts, or it can also be designated as mixed-use, each with its own parking, setback, height and other design requirements. In addition, the city, in the course of approving a zoning application, may require variances, special use … [More]
Smile
While oral health is increasingly understood to impact overall health, evidence is mounting that smiling, alone, has health benefits. A Smile for Health Smiling may impact a person’s longevity. A 2010 study by Wayne State University measured the span of smiles on Major League Baseball players from their 1952 trading cards, and found those who didn’t smile in their pictures … [More]
Business Fronts for 2017
It’s been a unique start to 2017. The first quarter brought us an interesting mix of uncertainty coupled with overall steady conditions and solid job growth. As we move into the second quarter, the opportunity for meaningful, dynamic gains is very real, and I advise business leaders to think boldly about growth. In fact, it’s time that they step on the gas as they examine their … [More]
CEOs Are Business Experts? Not Always.
Naphtali Hoff writes about a reporter interviewing a successful and rather terse bank president. When asked about his success, the president said, “Right decisions.” And how does one make right decisions? He answered, “Experience.” So, how is experience gained? He replied, “Wrong decisions.” Research conducted by the Arizona Commerce Authority with CEOs of young, high-growth … [More]
2017 Mercedes-Benz AMG GLE43 Coupe
This sleek and luxurious sports coupe is a (borderline) SUV with all the bells and whistles its driver needs to enjoy a smooth ride, take rugged terrain or speed through city streets. With its strong turbo boost and its dynamic exhaust system, the 3.0-liter V6 biturbo in the Mercedes-Benz AMG GLE43 elevates horsepower and torque. An exclusive red engine cover insert … [More]
Tommy Bahama – Menu as Lifestyle
Department stores include a café where customers can rest in-between purchases, and highway tourist stops include a sometimes-extensive gift store where travel-weary customers can be tempted with impulse shopping, but higher-end restaurants are usually stand-alone operations. Tommy Bahama is unique in that regard, offering dining alongside retail of its signature line of … [More]
Historically Successful Leadership
As Gordon Leidner notes in his introduction to The Leadership Secrets of Hamilton and the Founding Fathers, “the Founding Fathers’ adoption of the Declaration of Independence, the United States Constitution, and the Bill of Rights was the most revolutionary demonstration of leadership in American political history. … It was not because of the political unanimity of the nearly … [More]
