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CEO FOCUS: Economic Forecasters Share Outlook for the Year Ahead
CenterState CEO [on Jan. 28] presented its 2021 Economic Forecast Report for Central New York at our virtual Economic Forecast event. Though this annual event looked different this year, we still shared the important insights into the region’s economic climate from the perspective of business leaders and economic experts. Gary Keith, regional economist at M&T Bank, delivered […]
VIEWPOINT: How Leaders Can Focus on Meeting 2021’s Challenges
Change is just beginning Business leaders dealt with massive and rapid change in 2020 due to the COVID-19 pandemic, but many small businesses and chain stores didn’t survive. As the new year proceeds amid much economic uncertainty, companies that successfully navigated 2020’s turbulence cannot rest. They need engaged, forward-thinking leaders who can keep adjusting and focusing on the
VIEWPOINT: How to Avoid Sabotaging Yourself on the way to Retirement
Creating a secure retirement often comes down to smart planning as you consider saving and investment options, and choose the ones most likely to help you meet your goals. But not everyone makes wise choices, and financial missteps can play a significant role in how much, or how little, you have stashed away once retirement arrives. Most
VIEWPOINT: Why You Should Consider a Digital Transformation for Your Company in 2021
As with every new year, it’s important to formulate, plan, and set your business goals. Have you considered how revamping your software solutions could help you achieve those goals? Here are just a few of the reasons to consider a digital transformation for your business in 2021. 1. Keeping up with yourself. Your goals most likely include
VIEWPOINT: 5 Questions to Ask Yourself Before Taking the Leap To Entrepreneurship
As COVID-19 causes layoffs and extends uncertainty about employment in 2021, many people are considering new options They’re thinking of reinventing themselves or trying to decide whether working for themselves is more desirable than finding another 9-to-5 job that might not last. Entrepreneurship brings a lot of freedom, responsibility, and risks. Before people commit to taking that
NO NONSENSE MARKETING: What do customers expect from salespeople?
The game has changed We all know what we expect from customers — or at least we think we do. We want them to give us their attention, give us a fair hearing, and be open to our recommendations, and pay what they owe us. Some customers live up to this standard and some don’t make the
VIEWPOINT: An Economic Outlook for 2021
This past year was an interesting one, to say the least. Although some may prefer to use other adjectives to describe 2020. COVID-19 provided a vast disruption of economic activity, with U.S. GDP declining 31.7 percent in the second quarter. However, the U.S. economy demonstrated remarkable resiliency and rebounded 32.7 percent in the third quarter. While the
VIEWPOINT: Rundown of Updated PPP Forgiveness Application Forms
Covers both first and second-draw loans The U.S. Small Business Administration (SBA) recently updated all versions of the PPP Loan Forgiveness Applications to reflect changes in the recent legislation. Borrowers who have yet to apply for forgiveness on their first-draw PPP loan should use these updated forms and consult with their lender. Some lenders are utilizing
VIEWPOINT: How Younger Workers Can Mentor Older Ones & Move Companies Forward
Mentoring usually refers to a manager, executive, or expert ienced employee guiding a younger person in the workplace, helping them acquire knowledge and new skills that foster professional growth. But with the expanding role of technology in today’s rapidly evolving business climate, a role reversal sometimes takes place — reverse mentorship. That is, older employees are paired with
VIEWPOINT: How Health Care Can Embrace a Digital Transformation
It desperately needs one The health-care industry would be better equipped to meet its many challenges if it were more willing to embrace a digital transformation it so desperately needs. Health-care systems can no longer afford to allow their operational components to be only “good enough” or to be constrained by the mindsets and habits of the past.
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