Purdue Charter School to Help Inner-City Students

purdue-black-and-goldPurdue University President Mitch Daniels has called the low number of Indianapolis Public School students who are prepared for success at Purdue “unacceptable.”

In an effort to combat this, Purdue is launching a polytechnic charter school in Indy to create a direct path for these students to ultimately graduate from the university. It’s a bold move, and if it succeeds, there would be an effort to take it statewide.

Inside INdiana Business has more information, and reveals the charter school is expected to be located in downtown Indianapolis and will be a collaboration among Purdue, the city of Indianapolis, its EmployIndy program and Indianapolis-based USA Funds.

“We applaud President Daniels and Purdue University for this opportunity for low-income and minority students to have the opportunity to have a strong foundation in the STEM areas,” explains Caryl Auslander, vice president of education and workforce development for the Indiana Chamber. “This will provide students with incredible opportunities to learn using curriculum produced by Purdue faculty and provides direct admittance to the university after graduation. We are pleased to see community and business partnerships in this endeavor and know that it will provide not only unique experiences for students but also create an even stronger workforce in the future.”

Poker and Investing: Selective Aggression Pays Off

Las Vegas,Navada

I’m quite a poker enthusiast and play tournaments in Southern Indiana and Cincinnati quite a bit, as well as an occasional home game with friends.

One of my favorite players to watch on television is Vanessa Selbst — mainly because she’s managed to parlay an unpredictable, super aggressive style largely based on reading opponents into remarkable results (with well over $10 million in career tournament earnings). She also boasts a law degree from Yale University.

I recently found this 2013 interview with Bloomberg Business in which she discusses the similarities between poker and investing.

Update on the Way for Indiana Government Book

HereIsYourIndianaGov15Here Is Your Indiana Government: 2015-16 Edition is the most comprehensive guide to governance in the Hoosier state.

Since its development in 1942, this book has been used by the community and hundreds of thousands of students (from sixth grade to college level) to learn about Indiana and how Hoosiers govern themselves. A variety of local government and agency updates will be included in the new edition.

Topics include:

  • Interesting facts about Indiana (demographics, state song, motto, origin of county names, notable natives, etc.)
  • Historical highlights of Indiana government development
  • State government (explanation of its departments/agencies and their functions, updated budget information, contact information including phone numbers and web addresses)
  • County government (origins of the counties, the elective county administrative officials and their function, council function, powers of the counties, services)
  • Cities and towns (creation, city classifications, incorporated towns, municipal government, public works)
  • Township government (divisions, schools, boards)

Large quantity discount pricing is available as follows:

  • 1 to 9 copies: $19.50 each
  • 10 to 25 copies: $12.50 each
  • 26 to 50 copies: $10.00 each
  • 51 to 75 copies: $8.50 each
  • 76 to 100 copies: $7.50 each
  • 101 or more: $7.00 each

To place your order, call (800) 824-6885, order online or email publications@indianachamber.com.

Highway Trust Fund Has Some Potholes

36601064The Congressional Budget Office asserts the national Highway Trust Fund would need $3 billion in ADDITIONAL revenue to keep funding transportation projects through the end of September. And it would need $8 billion if Congress chose to extend funding authority until the end of 2015. Read more via The Hill.

Obviously, there are serious challenges facing America’s road infrastructure.

Cam Carter, the Indiana Chamber’s vice president of economic development and federal relations, outlines the main problem.

“Congress needs to get its act together and summon the political will to fashion a long-term solution to the insolvency of the highway trust fund,” he asserts. “We’ve had our fill of short-term patches. Some will say that the highway fund is insolvent because today’s vehicles are more fuel efficient and that is depressing revenues going into the fund – and there is some truth to this. But, the greater truth is that Congress hasn’t raised fuel taxes to keep up with inflation since 1993 and that, more than anything, is the root of the problem.”

Indiana Named Best State in the Midwest for Business

?????????????????????????????????????????A new Chief Executive magazine survey labels Indiana as the best state for business in the Midwest — and the sixth best in the U.S. A release from the Indiana Economic Development Corporation (IEDC) has more:

The magazine’s “Best & Worst States For Business” ranking is based on surveys of more than 500 CEOs. According to Chief Executive, the results of the 11th annual survey show that CEOs favor states with progressive business development programs, low taxes and a quality living environment.

“We’ve worked hard to create a low-cost, pro-growth economic environment here in Indiana,” said Governor Mike Pence. “This ranking confirms what we already know as Hoosiers. With an honestly balanced budget, robust infrastructure and a top-notch workforce, Indiana is a state that works for business.”

As highlighted by Chief Executive, Indiana became the first Midwestern right-to-work state in 2012, a law that was upheld by the Indiana Supreme Court last year. Since its passing, more than 100 companies have indicated to the IEDC that its passage was a factor in their decisions to locate or expand operations in Indiana. Collectively, these projects account for approximately 10,000 projected new jobs and more than $2.3 billion capital investment in the state.

Indiana’s 6th place ranking makes it the only Midwestern state in the publication’s top 10. Among neighboring states, Kentucky ranked 28th, Ohio ranked 22nd, Michigan ranked 43rd and Illinois ranked 49th.

This Chief Executive magazine ranking is the latest in a series of national accolades for Indiana’s business climate. Last year, Indiana was ranked best in the Midwest and 7th overall in Area Development magazine’s “Top States for Doing Business” as well as best in the Midwest and 7th in the nation in the Pollina Corporate “Top 10 Pro-Business States for 2014” study.

Chief Executive magazine is a bi-monthly publication for top management executives published by the Chief Executive Group LLC. Founded in 1977, the Chief Executive Group LLC is headquartered in Greenwich, Connecticut. The full survey results are available online.

2015 Best Places to Work Rankings Announced

KRH26117Hoosier companies from throughout the state with stellar workplace practices were recognized Thursday at the JW Marriott in downtown Indianapolis. Before a crowd of 1,200, the Indiana Chamber of Commerce unveiled rankings for the 100 companies that made the 2015 Best Places to Work in Indiana list (released in February).

Winners were selected in four categories. Taking top honors:

  • Small companies’ category (between 15 and 74 U.S. employees): E-gineering, a technology consulting firm on the northeast side of Indianapolis
  • Medium companies’ category (between 75 and 249 U.S. employees): Project Lead The Way, Inc., a non-profit education organization headquartered in Indianapolis
  • Large companies’ category (between 250 and 999 U.S. employees): Sikich LLP of Indianapolis, an accounting, advisory, technology and managed services group
  • Major companies’ category (1,000 or more U.S. employees): Edward Jones, an investment firm with 457 branch offices throughout the state

For Sikich this marks the third straight year to finish number one. It’s also a return to the top spot for both Edwards Jones (last time was 2008) and E-gineering (2011).

“These four outstanding companies embody what strong workplaces should look like – they are rooted in respect, teamwork and good communication, and, where possible, promote professional growth,” states Indiana Chamber President Kevin Brinegar.

“All the organizations honored tonight are exemplary employers that foster a positive and productive work environment. They understand that truly valuing employees goes hand-in-hand with the success of the business.”

At the dinner, presented in partnership with Hylant, representatives from all designated companies received Best Places to Work awards of excellence.

Organizations on the 2015 list that have displayed sustained excellence during the program’s 10-year history received additional recognition with Best Places to Work in Indiana Hall of Fame and Pinnacle designations.

Hall of Fame organizations are those that have been named a Best Place to Work in Indiana at least two-thirds of the time in the program’s history; a total of 15 companies on the 2015 list meet that criteria. Two organizations – Edward Jones and Katz, Sapper & Miller – have made the Best Places to Work list every year.

The Pinnacle recognition is reserved for those that have finished first in their category three or more times in a five-year period. The four Pinnacle companies are Microsoft (first in the major employer category in 2013-2014 and in the large category in 2011-2012), Edward Jones (tops in the large employer category from 2006-2008), Sikich LLP (first in the large employer category from 2013-2015) and Hollingsworth & Zivitz (atop the small employer category from 2012-2014).

More information about the Best Places to Work companies is available via a special section of the May/June issue of the Indiana Chamber’s BizVoice® magazine, a statewide publication released tonight and accessible online at www.bizvoicemagazine.com.

Other program partners are Inside INdiana Business with Gerry Dick, the Best Companies Group, Indiana Economic Development Corporation, Indiana State Council of SHRM and the Wellness Council of Indiana.

In addition to Hylant’s presenting sponsorship, Elements Financial is the event’s reception sponsor. Best Places to Work in Indiana is also sponsored by: Moser Consulting, Inc.; Holiday World & Splashin’ Safari; ADVISA; Centier Bank; Comcast; Conner Insurance; DTZ; Eaton Corporation; Goelzer Investment Management; Smithville Communications, Inc.; and Trilogy Health Services, LLC.

The Best Places organizations were determined through employer reports and comprehensive employee surveys. The Best Companies Group, which handled the selection process, oversees similar programs in 26 other states.

All companies that participated in the 2015 Best Places to Work program receive an in-depth evaluation identifying strengths and weaknesses according to their employees. In turn, this report can be used in developing or enhancing employee retention and recruitment programs.

For more information on the Indiana Chamber’s Best Places to Work program, go to www.bestplacestoworkIN.com.

Science on Display: Dow Ambassadors Connect with Students

dowAsking 10-year-olds their opinions about school subjects sometimes can yield unenthusiastic responses.

But when questioned if she enjoys science, Kelli Woods – a fourth grader at New Augusta South Public Academy in Indianapolis – passionately nods and answers, “Yes, very much – because I get to learn about new stuff and find out how it works.”

Kelli describes the project she entered in the school’s fourth grade science fair, in which she tested how soaking white roses in colored water would impact their appearance.

“My hypothesis was that the red (would make the rose change colors fastest) because it stains a lot,” she explains. “But it was actually the blue one.”

Dow AgroSciences’ Science Ambassadors gave guidance and judged the projects of Kelli and her classmates in late January in the New Augusta South gymnasium.

The scene was not a unique one as Dow’s brigade of over 300 staffers volunteer their time each year, often on nights and weekends. Last year, the ambassadors visited over 25 schools during about 75 events. Dow developed the program a decade ago, but added a major emphasis in 2012. Since then, officials estimate the company’s outreach efforts to promote science, technology, engineering and mathematics (STEM) education have impacted more than 4,200 teachers and almost 200,000 students.

Read the full story online.

Northern Indiana Company Enlists Hoosier Painter to Illustrate Its History

Justin Vining, a popular professional artist in Indianapolis (originally from Etna Green), created a remarkable mural depicting the history of Urschel Laboratories at the company’s new global headquarters in Chesterton. This time lapse video shows the painstaking process that goes into working on such a comprehensive piece of art.

Vining relocated to the area for three months in order to complete the mural.

Chamber Offers Triple Crown of Compliance Books

HThe Kentucky Derby is fast approaching, and it will likely be another great event — especially for all those in the Kentuckiana area who love a good time. But if you’re tired of the horse race of trying to keep up with regulations and the myriad issues employers and human resources departments must keep tabs on, you’re not alone.

The Indiana Chamber is offering three new books this spring that can help you pace the field.

Authored by attorneys at Ogletree Deakins, The Immigration Guide for Indiana Employers – Fifth Edition (formerly known as the Indiana Guide to Hiring and Managing Foreign Employees) is currently at the printer and headed toward the finish line. The book covers what employers need to know when hiring foreign workers. Some of the topics updated in this edition include:

  • temporary work visa sections: H-1B professionals and L-1 intracompany transfers;
  • Form I-9 completion and compliance;
  • information about President Obama’s pending executive order on immigration and what it means for employers;
  • Indiana-specific E-Verify requirements for certain employers; and
  • handling site visits from the U.S. Citizenship & Immigration Services Fraud Detection Unit.

Ogletree has also authored a brand new title: Indiana Guide to Retaliation Claims. This ePub (online publication) features over 40 pages of instruction and case information that will help your company prepare against retaliation and whistleblower claims. Making a small investment in this guide can help prevent your company from becoming the next cautionary tale. This book is scheduled to be released later this month, but you can place your order now.

Additionally, the Performance Appraisal Handbook – Second Edition can help you effectively conduct appraisals on a regular basis. Authored by attorneys from Faegre Baker Daniels LLP, this book is ideal for HR professionals and small business owners who don’t want to take unnecessary chances in evaluating their employees. This book is slated for May publication.

You can order these respective guides via their web pages or by calling (800) 824-6885.