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MANAGEMENT FILES HEADLINES

Keeping The Workplace Safe, Part 2

Published 08/27/2010 - 8:00 a.m. CT
iStockPhoto/KLH49
CHICAGO — In all my years in business, I’ve only fired one person. Usually, I let problem employees dig their own holes, and they fade off into history. Documentation is the key to blocking an unemployment claim—or so I thought.
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The Plant with No Name

Published 08/20/2010 - 8:00 a.m. CT
iStockPhoto/roboberg
CHICAGO — The other day, I drove by a drycleaner and did a double-take. Its sign—a big one—said, “Dry Cleaners.” That’s it—no name. No prefix. No slogan.

I did a u-turn and drove into the parking lot. The place had a freestanding building; it was presentable; it was on a busy road. Inside, there was a tidy plant floor and a counter. Nothing was amiss. The racks were mostly full.
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Indexing The Advantages of ETFs

Published 08/18/2010 - 8:00 a.m. CT
iStockPhoto/Bluberries
CHICAGO — Some of the more conservative among us tend to be suspicious of “new” ways to invest our money. That’s probably why Exchange Traded Funds (ETFs) got off to such a slow start when they were introduced in the 1990s. But that’s ancient history—ETFs’ popularity is booming, and investment firms are scrambling to meet the demand.
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Keeping The Workplace Safe, Part 1

Published 08/13/2010 - 9:05 a.m. CT
iStockPhoto/Spauln
CHICAGO — Workplace violence is far too common; it seems like there’s a news report about a shooting rampage daily. Someone often knows about the killer’s emotional problems or violent tendencies, but does nothing. Are people afraid to get involved? Is society reluctant to profile those who might be a threat to others for the sake of individual rights?
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Percentiles And Profits

Published 07/23/2010 - 8:00 a.m. CT
iStockPhoto/denisenko
A textile-cleaning company is no different from any other business, but all businesses are complicated to manage if you want them to succeed.

Understanding the numbers your business generates is important to its overall financial health. Rarely does the average drycleaner make sense of those numbers beyond money in/money out, or what the costs should be for revenue- and expense-producing areas of the business.
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