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Business is better
Over the past several months, there’s been a bit of a buzz about the direction of the global economy. In conversation, many business leaders will express deep concerns about inflation and the onset of recession. Yet, when asked about their financial performance, most all of them say, “Business is going great!” Within these[...]
Full speed ahead
No other region of Virginia moves the entire commonwealth forward like Hampton Roads. Sure, Dee Cee is about technology, government contracting and national politics. And Richmond is about politics that are generally more local. Hampton Roads, on the other hand, is about the military and commerce. The ports, the railways, inters[...]
2022 Virginia 500: The power of leadership
Power is one of those things that can sound great until you have it. It’s a be-careful-what-you-ask-for kind of thing. Power without leadership often goes awry, leading to unfortunate outcomes. The kind of power that works well requires leadership, good stewardship and a genuine concern for the well-being of an entire team. Ma[...]
2022 Virginia 500: Moving up
When I give my elevator speech about the Virginia 500, it usually starts this way: It’s like the Fortune 500, but instead of focusing on companies, it’s about people. More specifically, unlike the Fortune 500, which ranks companies by gross revenues, this is a more subjective list. We strive to inventory the most powerful an[...]
Breaking rank
What a difference a year makes. On July 13, 2021, against a backdrop of ships blasting their horns and spraying water in celebration at the Port of Virginia’s Norfolk International Terminals, Gov. Ralph Northam sat for a harborside interview with CNBC, which had just named Virginia the nation’s best state for business for an[...]
Higher gas prices are needed
The U.S. inflation rate, which reached 8.6% in May, is at its highest point in 40 years. In 1982, it was just over 6%. Since then, the U.S. inflation rate has hovered mostly in the 2% to 4% range. The inflation rate is determined by changes in the cost of a fixed basket of 80,000 […]
Something phishy
About seven or eight years ago, I was sitting at my desk one morning when I received an urgent text from my then-boss. She was holding a meeting, according to the text, and needed me to purchase $1,000 in electronic gift cards as a giveaway to the attendees as soon as possible. Needless to say, […]
Rising to the challenges
Last summer, as I was eating dinner at a Norfolk bar with a group of my Lead Virginia classmates from far Southwest Virginia, one of them asked what decision makers in Richmond thought about their region. “Most of them don’t think about it at all,” I replied bluntly and not a little sadly. During my […]
Rethinking labor
Back in my big company days, large newspapers were heavily unionized. After railroads and before high tech, newspaper publishers were the media barons of the day. The business was capital intensive, requiring once-in-a-generation investments for big presses and printing facilities. It was also high on fixed costs, with payroll b[...]
Media matters
It’s hard to have a conversation about anything in the headlines, especially anything to do with technology or politics, without some blame being assigned to “the media,” as if there were one enormous unified communications cloud shaping all our collective thoughts. That would be enormous for certain, but the media is perh[...]
It’s time to thrive
Here we are in December, approaching the end of 2021. Most business leaders would say with some certainty that this year was better than 2020 — and thankfully so. Yet, as much as we’d like to say that COVID times are behind us, the return of cold weather and the indoor season keeps things uncertain. […]
Higher values
About 30 years ago, I was a volunteer for a local group of marketing professionals that was launching its Marketer of the Year awards. Publicity was needed. Working in marketing at the local paper, the task fell to me to pitch the event to the newsroom. In those days, the news business was fairly balkanized; […]
