Wednesday, June 4, 2003

Morning memo

News and tips to start your business day

Today's number: $2.2 billion

Losses from tornados that ravaged portions of the Midwest and the South in early May, as estimated by AIR Worldwide, a Boston weather and catastrophe risk modeling firm, making those twisters the costliest ever for U.S. insurers.

Today's career talk

In the Really Useful Guide to Working Smarter Not Harder, author Ilyce R. Glink contends that perfectionists need to know when enough is enough and the best way to do that is to set boundaries. No boundary works better than Old Man Time, either. "Say you won't work past five o'clock or you'll never miss a deadline even if the project isn't where you want it to be," she said. "In some ways, perfectionism is a mind game some of us play in order not to have to do our jobs."

John Eckberg

Today's mover

Regular photoMichael R. Scott has been named vice president and trust investment officer at Capital Advisors. Scott spent 10 years with the trust department of First Financial Bank where he advanced to securities analyst, assistant trust investment officer, trust investment officer and assistant vice president. He received a bachelor's degree in international business and logistics at Ohio State University and his master's degree in finance at Xavier University.

Shirley Dees

Today's Company: Barnes Dennig Strategic Partners LLC

Coming Into its Own: Laura Brunner, a member of the accounting firm Barnes Dennig & Co., realized her clients were asking for more than just financial expertise. In the late 1990s she developed a consulting practice within the firm. As the needs of Brunner's enterprise diverged increasingly from those of its accounting parent, the two entities decided to split. Barnes Dennig Strategic Partners (BDSP) was officially born in June 2001. Its offices are still located within Barnes Dennig's downtown headquarters.

Bottom-Line Focus: Brunner and her five employees help organizations manage growth and increase profitability through strategic planning, organizational development, performance management and continuous process improvement. Typical clients are organizations making the transition from start-up to sustained growth.

Promoting Excellence: In 2000, Brunner teamed up with the Greater Cincinnati Chamber of Commerce to run its Strategic Eight program, which has increased participating companies' sales by more than 19 percent and their profits by 34 percent. BDSP also works with companies involved in the Roadmap to Excellence program.

Jenny Callison

SARS scare boosts sales
Pickups, SUVs drive U.S. vehicle sales in May
Fed chief likes outlook
Martha Stewart faces possible charges
PEALE: What's the Buzz?
GM improving in a difficult year, chairman says
Shares of IBM fall at news of SEC probe
Mortgage rates go even farther into basement
Tristate summary
Business digest
Morning memo