Successful Businesses Don’t Close for President’s Day
A look at how modern companies are redefining time off from work.
By Gene Marks
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I love writing for the Philly Post, but I feel obligated to point this out: Businesses don’t shut for President’s Day—at least businesses that plan to stay in business for a long time. Need proof? Just look at who does shut for President’s Day. The federal government ($16 trillion in debt). State governments (most with large deficits). The U.S. Postal Service ($16 billion loss last fiscal year). The Philadelphia School District ($1.1 billion budget shortfall). This is the company you want to keep? Can Our Local Banks Improve?
Former Commerce Bank CEO Vernon Hill says yes.
By Gene Marks
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A few months ago, I called my big, national bank and asked to do what I thought would be a simple thing: a wire transfer. No problem in this electronic age, right? Except it wasn’t such a simple thing. That’s because my vendor was a software development company that had the audacity to be located in the Ukraine. How dare they! I could understand if such a transaction were difficult in, say, 1973. But this is 2013. And this is a big bank, with branches throughout the Philadelphia area (their name is on one of our sports stadiums). Survey: Fewer Than 1 in 4 Philly Businesses Looking to Hire in 2013
How they’ll grow with technology, not more employees.
By Gene Marks
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A group of about 50 small-business people gathered in Center City last week for a “think tank” session sponsored by Dell Computer. I was hired to moderate. The point of the session was to discuss issues facing the region’s small-business owners, particularly the need for financing, better technology and talent. Employers Should Be Allowed to Ask Women Job Candidates: “Do You Plan to Get Pregnant?”
Why Facebook’s Sheryl Sandberg is right.
By Gene Marks
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It’s 2013 and you know what? It still sucks to be a woman in the workplace. And if you want to be CEO of a large company? Good luck with that too. Can Manufacturing Make a Comeback in Philadelphia?
Yes. And here’s how Mayor Nutter can make it happen.
By Gene Marks
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Just last week, Mayor Nutter created a 25-person task force for the purpose of finding ways to bring manufacturers (back) to the Philadelphia region. I’m sure that the idea came from his recent trip to Tianjin, China, where he enviously observed the impact that government investment can have on a major industrial city. "Seeing what goes on here is a reminder of the things we can do and must do to maintain our presence on the world stage," Nutter said. It also underscores "what our federal government can do if we would have, at times, a little less debate and a whole lot more work and understand that investment brings job and activity and furthers American interests." Goldman Sachs’ Misguided Gift to Philadelphia
Twenty million bucks is nice. But it should be going to kids at Wharton, not Community College.
By Gene Marks
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Last week the investment firm of Goldman Sachs made a very generous offer to the City of Philadelphia as part of its three-year-old, $500 million “10,000 Small Businesses” program.
Let the Public Help With Teaching in Philly Schools
And 7 other ways Philadelphians can help new superintendent William Hite to succeed.
By Gene Marks
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I’ve been watching the progress of Philadelphia’s new school superintendent, William R. Hite, Jr., very closely. Every business person in the area should. Why? Because Superintendent Hite needs us. And we need him. A good school system trains our kids to be professionals and creators and contributors to our city someday. Ask anyone in Lower Merion or Cherry Hill or Chester County: A good school system attracts companies, incentivizes growth and construction, and improves neighborhoods. Fiscal Cliff Deal Helps These 9 Businesses in Philly
Now might be a great time to buy a Honda.
By Gene Marks
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While this week’s “fiscal cliff” agreement may have saved us from recession, many in the business community are unhappy with the prospect of increased taxes and lack of progress on solving our nation’s deficit problems. But fear not! Sure, many companies in the Philadelphia area will experience pain as a result of this agreement. But quite a few will celebrate the deal. Celebrate? Yes! Here are just a few local firms that should be happy.




















