Goering Center News

Monthly eNewsletter

Goering Center Newsletter Cover Image - 2021 honoree headshots under magnifier and sponsor logos

Goering Center Newsletter

We provide members of the media and the general public with relevant, complete and timely information about our mission, member services and the impact we are making in the region. Hear from our region’s thought leaders and learn about our members and volunteers.

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Goering Center IN the News

  • December 2021: Not Always All in the Family Family businesses, including treasured local brands, often benefit from outside advice, non-family directors, and the younger generation trying other careers before returning to lead. In Realm: The Journal for Queen City CEOs, David Holthaus interviews Carol Butler, Goering Center President, and features stories of Cincinnati family businesses. (Story begins on Page 36)
  • November 24, 2021: Greater Cincinnati doctor passes down 35-year-old practice to son A Greater Cincinnati doctor who has been practicing in the region for more than 40 years is handing down the reins to his private practice, and his successor is a familiar face. In this Cincinnati Business Courier piece, learn how the Goering Center helped educate the Hill family on the succession process.
  • November 19, 2021: Newport executive search firm names new President Centennial Talent Strategy & Executive Search announced the promotion of Marcus Gardner from Chief Growth Officer to President. In 2008, the Sipple family started their business succession journey with the Goering Center's Next Generation Institute (NGI)®. Hear how NGI helped Mike Jr. and Mike Sr. to evaluate their future and determine what was best for their business and families.
  • November 12, 2021: FAST TRACK: Tire Discounters wants to become a national tire retailer. But to do so, it’ll need to burn a little rubber. In this Cincinnati Business Courier feature, learn why Carol Butler believes family-owned Tire Discounters is well-positioned for growth.
  • August 6, 2021: Cincinnati Business Courier Business Succession Forum Carol Butler, Goering Center President, joined a panel of four experts from different fields to discuss the challenges of and best practices for a successful business transition.

Quarterly Message from the President

From Great Resignation to Great Retention Education is a retention tool too

I recently attended a conference where Alan Beaulieu, PhD, President of ITR Economics, was discussing what’s come to be known as the Great Resignation - also known as the Big Quit. It describes the international trend of workers leaving their jobs during the pandemic.

As with so much over the past 21 months, it’s an unexpected consequence of the pandemic. Again we find ourselves in a unique place, and a place we’ve never been before.


2020 Economic Impact

Our first Core Member Economic Impact Study has been published. Goering Center members and Corporate Partners were surveyed in October 2020 and the results published in April 2021.

Learn more >>

2021 Family & Private Business Awards

Commitment to Connection
Goering Center Family & Private Business Awards honorees share their experiences and challenges in 2020-2021 pandemic-environment:

  • How they maintained connections in a time of social distancing and remote work
  • What the Goering Center means and has meant to them

In Memoriam

On February 7, 2021, the Goering Center lost its founder and friend John Goering. Those who knew him miss him terribly, and those who never met him wish they had. We are proud and bolstered to continue his legacy as tributes and fond memories pour in, and we would like to share his joy, his wisdom and his profound kidness with you as well

From UC News

How Proactive Engagement with Capital Partners Boosts your...

January 18, 2022

Historically, most business owners rely heavily on the advice of accountants and attorneys when making decisions critical to the financial success of their company. These partners, justifiably so, are integral to the success of closely held and family businesses and need to be involved. However, it is just as important to understand the potential value that can be added by capital partners during major financial decisions.

A Quick Introduction to SPACs

January 18, 2022

The last two years have brought big challenges and big opportunities to businesses—and to mergers & acquisitions. With Wall Street and Main Street adjusting to the (not-quite-post) Covid landscape, the economy has seen inflation, supply and demand shocks, and all-time highs on public equity indices. And in that uncertain climate, Special Purchase Acquisition Companies (SPACs), which are publicly traded companies created for the purpose of acquiring or merging with an existing company, have been enjoying time in the spotlight.

Rethinking Your Employee Benefits Strategy Can Help You Fight...

December 7, 2021

What’s a Sansdemic you ask? It means without people, or, in this case, without enough people. We were heading this direction prior to the pandemic. However, the shutdown created a situation where many baby boomers realized how much they loved working from home. Others realized they could afford to retire early, largely due to the additional savings achieved by having a two-income household compared to prior generations where one spouse often stayed at home. Additionally, at a time when there are record numbers of open job positions, government subsidies have caused many people to delay engaging in long-term careers.

Managed Print Services Is Key to Network Security

December 6, 2021

We live in a digital age, and printing remains an essential part of every business. Hard copies of information are still prominent, and finding a way to maintain printing access without depleting precious resources can be a real challenge. Managed Print Services (MPS) is a great way to address that challenge and implement solutions to combat them. MPS is also an important tool that can improve your network security. Here’s why Managed Print Services is key to network security.

The value of a strong work ethic

November 9, 2021

Actions and opportunities in one’s early years can have positive or negative effects in one’s later years. My work ethic was handed down to me by my parents, who encouraged both my brother and me to work hard and make things happen. In my early 20s, I had not yet heard of the word entrepreneur. I realize now, that out of the fifteen jobs I held at an oil company earlier in my career, ten of them were newly created positions. Even further back, at the age of 7 or 8, I sold pumpkins out of a red wagon in the neighborhood, and at the age of 13, my first “real” job was at a picnic grove where I took care of ponies.

Business Interruption Coverage and COVID-19: The Uphill and...

November 9, 2021

It goes without saying that the COVID-19 pandemic and resulting government-mandated shutdowns caused substantial harm to businesses nationwide, the effect of which is still being felt by many small to mid-sized businesses formerly classified as “non-essential.” Attempts to stay operational in the wake of the destruction wrought by COVID-19 left some business owners searching for financial life rafts, including the submission of insurance claims under their business interruption policies. Many business owners have assumed that the pandemic would meet the very definition of a “business interruption.” Unfortunately for policyholders, the majority of these claims were denied by insurers. These denials have forced policyholders to battle for coverage in court, which has proven to be an uphill battle. Below is an update on the status of these cases, including some insights into the courts’ decisions and what may come next.

How to Attract and Retain Talent by Focusing on Financial...

November 8, 2021

Hiring managers are telling us that recruiting and retaining talent has been very difficult in the ongoing pandemic economy. Workers have plenty of options and many of them are reevaluating their career goals. For employers who are under pressure to find and keep the best people, the key may come from going beyond a competitive paycheck and offering a diversified benefits package that helps employees comprehensively improve their financial picture.

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If you have any questions, please contact Marketing Director, Nicole Menkhaus, at nicole.menkhaus@uc.edu or 513-556-7301