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VOL. TMN-6 | NO. 37 | Saturday, September 7, 2013
Weekly Issue

‘Waiting for You’

Ms. Sue keeps Little Tea Shop a Memphis institution

Five days a week, the indefatigable restaurateur whose name customers often shorten to Sue, or Ms. Sue, comes downstairs.

Editorial: Tea Shop Has Earned its ‘Institution’ Tag

When the word “institution” is used to describe something that has had long-running influence in a community, the tendency is to picture a substantial building that is probably part of a city skyline with commanding views that reach to a far horizon. Everyone has an important title, maybe even some are elected.

EMPHASIS Construction & Design

Cutting Edge

Methodist applies sustainable design to Olive Branch hospital

Methodist Olive Branch Hospital opened its doors late last month, and hospital officials can expect to see dramatically reduced energy costs thanks to innovative, environmentally friendly design features like photoelectric glass and a geothermal heat pump system – one of the first of its type in a hospital in the U.S.

Handful of Projects on Horizon, but Construction Still Struggling

Commercial real estate construction activity in the Mid-South perked up modestly this year following a sluggish 2011 and 2012, and industry execs are cautiously optimistic that the positive trajectory will continue through next year.

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EVENTS

In-Synk and The Daily News will host a Leadership Lunch & Learn book review and discussion on Sheryl Sandberg’s “Lean In: Women, Work and the Will to Lead” Friday, Sept. 6, from 11:45 a.m. to 1 p.m. in the Triumph Bank board room, 5699 Poplar Ave. Cost is $20. Visit seminars.memphisdailynews.com.

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Divine Inspiration Helps Guide Renaissance’s Allen

Brandon Allen, an architect with Renaissance Group, was raised with a pencil and paper in hand, and the blueprint for how to put them to use in a career.

Webb Builds on Reputation of Integrity, Efficiency

Long before the county and city would cleave their school systems, Shelby County Schools saw unprecedented growth as more and more residents filled the neighborhoods that seemed to appear overnight like springtime daffodils.

THE MEMPHIS NEWS ALMANAC

September 6-12, 2013: This week in Memphis history

2012: On the front page of The Daily News, the city and developers with Loeb Properties Inc. broke ground on a parking garage at Monroe Avenue and Florence Avenue and Local Gastropub was nearing build out completion at Madison Avenue and Cooper Street.

Evans Upholds Nineteenth Century Club Sale, Demolition

Chancellor Walter Evans upheld the sale of the Nineteenth Century Club building on Union Avenue by the club to a private company and denied a request to permanently stop any demolition of the historic building.

Faith and Football

Memphis fans hopeful as new season finally dawns

The four men had parked themselves in lawn chairs under a tent outside Liberty Bowl Memorial Stadium on a Saturday with no Tigers football game. Yes, there was Fan Fest and soon enough a “mock game” would begin inside the stadium as Tiger players ran around in helmets, jerseys and shorts.

Historic Magevney House to Reopen Saturday

After closing to the public eight years ago, the Magevney House, one of the oldest residences in the city, reopens to the public Saturday, Sept. 7, on a once-a-month basis.

Business Leaders Back Pre-K Initiative

The Greater Memphis Chamber and members of the business community have come out in support of a half percent hike in the city sales tax rate to fund pre-kindergarten education for more than 4,500 4-year-olds in the city.

Breathing Easy

Adams to lead new Ashton Place pulmonary unit

Ashton Place Rehabilitation & Health Center earlier in August opened its newly designated 14-bed private-room unit dedicated to decannulating patients with a tracheostomy due to an injury, chronic disease or other respiratory problems.

Council Gives Early Approval to Solid Waste Fee

The Memphis City Council sent a proposed lease of Handy Park on Beale Street back to committee Tuesday, Sept. 3, for more discussion about the details.

Crawford Says Goodbye to ‘I Love Memphis’

Kerry Crawford still loves Memphis, but she’s saying goodbye to her “I Love Memphis” blog as well as her job as a social media specialist for the Memphis Convention and Visitors Bureau.

School Board Makes Hopson's Superintendent Role Permanent

Somewhere around the time he underwent his first trial by fire – presenting the school system’s budget to the Shelby County Commission for approval – Dorsey Hopson began rethinking whether he was interested in being the superintendent of the consolidated school system on a long-term basis.

Affordable Aging

Elder care companies lower costs to keep seniors home

The cost of caring for family members and loved ones as they age can become overwhelming if not planned for properly.

Smaller School Board Could Take Several Paths

There are at least two schools of thought about the path the seven-member countywide school board should take without the 16 members it has had since October 2011.

Memphis Suit Project Aims to Dress the Needy

Three Memphis businessmen have started a nonprofit venture to help young men literally suit up for opportunities they encounter – the kind of opportunities that make it possible to advance in life and that require the participant to dress for the occasion.

Museum Makeover

Fire Museum of Memphis using grants to update, add exhibits

Thanks to a few big grants from the Federal Emergency Management Agency and the Plough Foundation, the Fire Museum of Memphis is pressing ahead with a slew of upgrades to its educational programs and exhibits focused on fire prevention and life safety.

Prosecutors: Federal Shift Underway in County

The historic shift in criminal justice philosophy by U.S. Attorney General Eric Holder and President Barack Obama’s administration reflects the direction in which state and federal prosecutors in Shelby County already have been heading for several years.

Laufer Bolsters Third-Party Logistics Service With Memphis Office

Laufer Group International Ltd. has continued its Southeast expansion by making an entry into the Memphis logistics market with a Downtown office.

SPORTS

Reunion Brings Back Tigers’ Great Unbeaten Team of ’63

It’s ironic, really. When they were young and strong they were literally protected by body armor – helmet and pads. When they had all the time in the world, they were always measuring it in 15-minute quarters.

Dixon Adds to Tigers’ Blueprint for Success

In the midst of a rather joyous press conference to announce that the NCAA had cleared guard Michael Dixon to play for the Tigers this season, coach Josh Pastner detoured to a story about Navy Seals.

NCAA Clears Michael Dixon to Play for Tigers

Notifications from the NCAA tend toward the bad news, but on Wednesday, Sept. 4, University of Memphis coach Josh Pastner and guard Michael Dixon got good news: He has been cleared to play for the Tigers this season.

MEMPHIS STANDOUT

International Educator Dunster Leading Lausanne’s Upper School

In addition to new schoolmates, teachers and subjects, students at Lausanne Collegiate School will need to get used to a new face roaming the halls and keeping order this school year, the 87th in its history.

MEMPHIS LAW TALK

Montgomery Honored as Top Insurance Lawyer

Larry Montgomery, member with Glankler Brown PLLC, has been named a Top Lawyer in American Lawyer/Corporate Counsel’s 2013 Top Rated Lawyers in Insurance Law, based on his Martindale-Hubbell AV Preeminent rating.

MEMPHIS NEWSMAKERS

Woeppel Named CEO of UT Medical Group

Charles “Chuck” Woeppel has been named chief executive officer of UT Medical Group Inc. Woeppel, who has served as the organization’s chief operating officer since 2012, will also continue in that role.

REAL ESTATE RECAP

Influence1 Files $2.6 Million Loan for Former Bishop Byrne

1475 E. Shelby Drive, Memphis, TN 38116, Loan Amount: $2.6 million -
The Influence1 Foundation, the Memphis-based organization that bought the former Bishop Byrne High School in June, has filed a $2.6 million loan on the property, at 1475 E. Shelby Drive in Whitehaven.

SMALL BUSINESS SPOTLIGHT

Frost Bake Shop Ready to ‘Engineer Cakes’

All American Sweets was the confection of chef Bill Kloos Jr., who moved from St. Louis to Memphis to take over the operation of Yia-Yia’s Euro Café and later would go on to open Fleming’s Prime Steakhouse and Wine Bar.

LOCAL COLUMNISTS

A Tasteful List Updated for 2013

A LIST YOU CAN SINK YOUR TEETH INTO. Hello, my name is Dan and I’ll be your server.

Ideation Different Than Brainstorming

As a critical phase of any innovation project, ideation brings the generative possibilities to life. While there are similarities with traditional brainstorming, there are also some key differences. Let’s explore both in this column.

A Welcome Divergence

One of the most dominant themes prior to the financial crisis was the great convergence of global markets. Bond markets seemed to synchronize around a “global” rate regime and stock markets seemed to synchronize around “global” growth rates. What began with the disaggregation of European bond yields has now spread across asset markets as well.

Buying Used Can Save You Money – Most of the Time

Ray’s Take: Too often as individuals consider ways to improve their financial situation they first look at the income side of the ledger; how to earn more money or increase their investment return. More often than not, we have much more control over the expense side of the ledger. You can save a lot of money buying some things used rather than new. However, you can also waste money that way, too. Doing your homework and knowing the worth of what you’re buying can make all the difference.

Grandparenting 101

Susan and I had a crash course in grandparent training a couple of weeks ago, keeping 6-month-old Anna Clary for a weekend. This was an independent-study course, and we gave ourselves passing marks. However, I’m always in search of materials to study for the next phase of grandparenthood.

Tenacity Lifts Low Rate of Sales Closings

Often, we’re just too close to our businesses to clearly see glaring opportunities for growth. That’s likely why so many sales teams churn through perfectly good prospects, which are not in infinite supply, entirely too fast. More often than not, that churn is simply due to a lack of sales tenacity, resulting in the loss of significant business.

Getting Focused

Some of my clients tell me they wonder if it’s even possible to get focused nowadays with the constant onslaught of life-distracting things and events. First of all, I think the realistic answer to this question falls in the category of Henry Ford’s famous statement, “Whether you think you can or you think you can’t, you’re right.”

How Will You Fund Your Strategic Plan?

Strategic planning is the process that drives the work of many nonprofit organizations and institutions. It takes different forms depending on the culture and policies of the nonprofit. Some complete the process at a retreat, others hire a facilitator to work with a committee of the board, still others hire a firm to survey best practices and emerging trends amongst competitors and collaborators. The outcome – a strategic plan – will drive operations and decision making over a multi-year period.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 206 16,619
MORTGAGES 84 228 21,660
FORECLOSURE NOTICES 21 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 73 222 15,764
BUSINESS LICENSES 23 51 5,542
UTILITY CONNECTIONS 86 287 23,860
MARRIAGE LICENSES 21 72 5,107

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The Memphis News: Business, politics, and the public interest.