Insight News

Feb 14th


IBHS Urges Business Owners to Prepare for Winter Weather

Recent record snowfalls and ice storms in many regions of the country are a reminder to business owners to be prepared for severe winter weather that is likely to continue throughout January and February, according to the Institute for Business & Home Safety (IBHS)

Snow and ice can bring down power lines, resulting in electricity and phone outages. Also, fallen trees limbs or power lines over transportation routes can impede travel, not only for employees traveling to and from work, but for businesses that deliver essential products or services.

How to prepare for almost anything

How to prepare for almost anythingIf tomorrow’s calendar says job interview, sales meeting, big game or major presentation, giving a toast or initiating a tough conversation, then the cold sweats that wake you up tonight are not going to make tomorrow go more smoothly.  It’s just nerves.  Nerves are a normal part of anticipating something important coming up.  However, it should be only that – a part of what you are feeling – not a paralyzing, sleep-stealing obstacle that keeps you from succeeding on the big day.  The antidote to nerves is the Three Point Strategy, a way to prepare by looking at your situation from three points of perspective.

Matt Massman is New Assistant Commissioner MN-DoR

Early January, Acting Commissioner Dan Salomone announced the appointment of Matt Massman as Assistant Commissioner of Tax Policy for the Minnesota Department of Revenue.

For the past six years, Massman has served as lead fiscal analyst for the Minnesota State Senate, advising members on budgetary options in the tax and finance committees.  Previously, Massman served as state and local tax policy director for the Department of Revenue.  He advised the commissioner on a range of tax policy issues and assisted in developing the department’s analytical capabilities across all tax types.

UNCF and Capital One create HBCU financial literacy programs

Innovative 3D educational gaming platform provides college students money management skills and, helps reduce student loan defaults

UNCF (United Negro College Fund) and Capital One Financial Corporation have come together to provide an innovative new financial education program designed to empower tens of thousands of students with important money management skills at more than 50 historically black colleges and universities across the country.

With rising student loan defaults it is imperative to look toward financial literacy as a means address this critical issue facing many of our nation's young people.

Poised for Progress: Is your innovation a viable business idea?

Poised for Progress:  Is your innovation a viable business idea?In his 2011 State of the Union address, President Barack Obama told America we are poised for progress. He said, “What America does better than anyone else is spark the creativity and imagination of our people. We’re the nation that put cars in driveways and computers in offices; the nation of Edison and the Wright brothers; of Google and Facebook. In America, innovation doesn’t just change our lives. It is how we make our living.”

I know an architect who designed a working model of equipment that would have cleaned up the BP Oil Spill in weeks instead of months. There is a man in Northeast Minneapolis who thought a minivan could be improved if it had a convertible top… and then he built one. It’s in his garage now, you can see it if you want to. If you have been sitting on an innovation, now might be the right time to take steps to turn your good idea into a marketable product or service. The question is, will the effort required to move from concept to commerce be worth the investment?

Minnesota grantmakers anticipate 2011 giving to hold

Minnesota’s largest grantmakers (those giving more than $10 million in grants annually) are most likely to expect their grantmaking levels to hold steady. Small grantmakers (less than $1 million annually) and mid-sized grantmakers ($1 million to $10 million annually) are more likely to expect grantmaking increases in the coming year.

Among all grantmaker types, corporate foundations and giving programs are most likely to expect their grantmaking levels to hold steady, while community/public foundations are more likely to anticipate grantmaking increases.

Rainbow PUSH Wall Street economic summit

Rainbow PUSH Wall Street economic summitEvery year around the week of Dr. Martin Luther King, Jr’s birthday, the Rev. Jesse L. Jackson and his organization, the Rainbow PUSH Coalition (RPC), hold their annual Wall Street economic summit. This year marked their 14th anniversary.

The conference, which always draws a large number of participants, was held in New York City from January 11 – 14th with a theme aptly titled, “A More Perfect Union: Time to Rebuild America.”

With the unemployment rates and lack of available jobs, the summit came at an appropriate hour. The objective of the event was to incite change and promote new beginnings in the lives of those oppressed by economic injustice.
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