Goering Center Newsletter
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The power of community to combat uncertainty
If someone were to compile a list of the most used words over the past three years, I suspect “uncertainty” would rank near the top. It’s a word I’ve used repeatedly in recent times to describe the state of the world, and the continuing noise, excitement, and confusion we see not just in our country, but globally.
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.
June 7, 2023
The spring season is a great time to check on your business’ financial health, see how you are tracking against your goals, and identify ways to increase your bottom line
June 7, 2023
The concept of legacy planning can mean many things to many people. Today I’ll shed some light on some of the less discussed items that are more prevalent in this day and age, but not often discussed
May 25, 2023
Cincinnati Bengals quarterback Joe Burrow possesses a transformational leadership style that unites others toward a shared vision, according to Carl H. Lindner College of Business professor Laurens Steed, PhD.
May 4, 2023
Consider these six tactics for preserving or growing wealth during an unpredictable economy
May 4, 2023
As the leader of your business, you know having the right people in the right positions can propel your company forward. The same is true with a board.
April 13, 2023
The Carl H. Lindner College of Business’ Center for Entrepreneurship held its annual IQ-E Pitch Competition and its first New Venture Championship on April 6 in Lindner Hall. Students from across the university came together to pitch their business ideas to a panel of entrepreneurs and members of the Cincinnati business community to compete for more than $30,000 in prizes.
April 12, 2023
The Goering Center recently hired Nancy Schreiner as its Membership Development Manager primarily responsible for new Member recruitment and member lifecycle management reporting to David Miller, Membership Director. Nancy’s start date is April 10, 2023.
April 7, 2023
When KeyBank surveyed middle market business leaders in September 2022, they expressed optimism despite ongoing economic uncertainty: 78% reported that the outlook for their businesses was either very good or excellent. But by the end of the year, that optimism was waning. In KeyBank’s December survey of 400 owners and executives of businesses with $10 million to $2 billion in revenues, respondents revealed greater apprehension about the outlook for their companies over the next 12 months and expressed the lowest outlook for the broader U.S. economy since the first quarter of 2021. With inflation, supply chain disruptions, higher energy costs and other factors exerting pressure on middle market businesses, many are working through significant challenges in 2023.
April 7, 2023
In our wealth planning discussions with clients, there’s an old and somewhat morbid joke that comes up when helping them with the vexing question on when to claim their Social Security benefits: “If you tell me the exact date of your death, I’ll tell you exactly when to claim your Social Security!” Of course, the exact dates of death are unknowable, which is part of the not-so-funny joke. But the joke is intended to illustrate just how difficult it is to pinpoint an optimized strategy when one of the driving variables is unknowable.
April 7, 2023
Hybrid work, which blends remote and on-site work, is the way forward. Many companies are adopting a hybrid model that can fundamentally change and improve their business. But is this a good idea, or will it only make things more complicated? Let’s look at some of the pros of hybrid work, while also taking into consideration some of the hidden “gotchas.”
March 3, 2023
The limited liability protections that corporations, limited liability companies and other business entities afford their owners is one of the driving engines of our entrepreneurial economy. As long as the owners mind certain formalities and steer clear of fraudulent conduct, the limited liability feature of these business entities will protect the owners from any personal liability with respect to their business activities. It goes without saying, that this dynamic by itself allows entrepreneurs to take risks they otherwise might not take.
March 3, 2023
When cybercriminals steal your identity, getting things back in your control can feel like an overwhelming task — but taking these steps can minimize the damage and keep yourself safer.
