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Editorial Results (free)

1. Why Corporate Innovations Fail -

Iliya Rybchin of the Highnote Foundry and formally of Bloomberg discusses where innovations break down in the corporate world. He was stronger than a good cup of coffee.

He comes out swinging. Warning: "I'm going to offend some people here." The room perked up. Then, Rybchin notes the most critical points of failure.

2. Expedient Data Centers Expands to Memphis -

Expedient Data Centers, a leading provider of cloud computing and other related services, has settled on Memphis as the site of its first data center in Tennessee.

Expedient currently operates 10 data centers in six markets, and its 11th is planned for 3180 Players Lane in Memphis, close to the TPC Southwind Golf Course and FedEx headquarters.

3. Turner Looks to Increase Professional Advancement in Commercial Real Estate -

Bob Turner has a diverse background in real estate, including long stints in both residential and commercial development.

4. No More ‘Hope and Prayer’ Marketing -

The average company spends 3 to 5 percent of revenue on marketing, which is certainly not a trivial expense. Why, then, do so many companies invest so little time in the construction of the marketing plan that ensures that investment is well spent?

5. Incentive Applications Lag Previous Years -

Until a spate of activity this month, Memphis and Shelby County were on pace to tie a record-low for the number of payment-in-lieu-of-taxes agreements granted to companies in a year.

Through September, the city-county Economic Development Growth Engine, the primary business incentive body in Memphis and Shelby County, had awarded just four PILOTs, tied with 2006 for the lowest amount of PILOTs issued in a year since 2002.

6. EDGE Approves Trio of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

7. EDGE Approves Trio Of PILOT Tax Breaks -

Three companies – including a wing of Memphis-based FedEx – received tax breaks for projects in Memphis that total more than $25 million in capital investment and will create 272 new jobs.

8. Three Companies Seek PILOTs for Projects -

Three companies – including a wing of Memphis-based FedEx – are considering investing more than $25 million in Memphis for new distribution operations that would create 272 new jobs.

“It's always good to see FedEx expanding and the other two projects appear to be new to Memphis,” said Kemp Conrad, principal of Cushman & Wakefield/Commercial Advisors. “This balanced growth is encouraging and we expect more good news later in the fourth quarter."

9. Three Companies Seek PILOTs for Distribution Projects -

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.

10. Three Companies Seek PILOTs to Create 272 Jobs -

Three companies are exploring Memphis for new distribution operations that would create 272 new jobs.

The third-party logistics arm of FedEx is considering an expansion in Memphis.

FedEx Supply Chain Systems Inc. is seeking a payment-in-lieu-of-taxes freeze to grow its local operations by investing $6.8 million in a 454,713-square-foot warehouse at 5050 E. Holmes Road and creating 87 new jobs.

11. Once High-Flying Vince Carter in Different Role With Grizz -

At this stage of his NBA career, there are a lot of euphemisms for Vince Carter.

Veteran. Elder statesman. Old guy. Those were Carter’s own words when describing his exit in Dallas this summer, after owner Mark Cuban put a three-year, $46.1 million offer sheet in front of 25-year-old Chandler Parsons. The Benefactor indeed.

12. University of Memphis Gets ‘Big Data’ Grant -

The University of Memphis is among a dozen universities in the nation sharing in $32 million in federal funding for research into how to analyze and use complex biomedical data, U.S. health officials announced Thursday, Oct. 9.

13. Collins Taps Frustration in Possible Mayoral Challenge -

Memphis City Council member Harold Collins took his exploratory campaign for Memphis Mayor to the Evergreen Historic District just days after launching the effort on social media.

14. McNeill Seeks Permits for Germantown Medical Offices -

1432 Kimbrough Road and 1468 Kimbrough Road
Germantown, TN 38138
Project Cost: $2.6 million

15. Kroger to Renovate Southgate Store -

Kroger has applied for a building permit to renovate its Southgate Shopping Center store at 1977 S. Third St. in South Memphis.

16. Kroger Files Permit to Renovate Southgate Store -

Kroger has applied for a building permit to renovate its Southgate Shopping Center store at 1977 S. Third St. in South Memphis.

17. Cotton Council Apartments Sell for $6.1 Million -

1918 North Parkway
Memphis, TN 38112
Sale Amount: $6.1 million

Sale Date: Sept. 16, 2014
Buyer: Lynxco LLC
Seller: Cotton Council Apartments LLC
Details: Lynxco LLC, an affiliate of Rhodes College, has purchased the former National Cotton Council building on North Parkway in Midtown for $6.1 million. Rhodes intends to use it as student housing, according to the school’s website.

18. Sprouts Confirms Lakeland, Germantown Stores in 2015 -

Sprouts Farmers Market, a fast-growing specialty grocery chain, has confirmed it will open two Memphis-area stores in 2015, one in Germantown and another in Lakeland.

Sprouts will turn the 30,000-square-foot former Schnucks location at The Shops of Forest Hill at Poplar Avenue and Forest Hill-Irene Road in Germantown into one of its stores, which replicate the look and feel of an indoor farmers market and specialize in fresh, organic and healthy food.

19. The Only Difference: Mindset -

The same truths not brought into action present themselves as lessons, ongoing themes. This one rings with more truth every time I encounter it. Mindset is the real pivot point, the only true sustainable, competitive advantage (other than exclusivity, which is always temporary) for organizations that want to flourish.

20. Cargill Will Close Memphis Corn Mill -

Cargill Inc. will close its Memphis corn mill in January of next year, a move that will impact 440 employees, according to a news report.

21. Officials Vow to Help Cargill Workers Find Jobs -

The Greater Memphis Chamber says it will work with its partners to help displaced Cargill Inc. employees find new jobs.

22. Cargill Will Close Memphis Corn Mill -

Cargill Inc. will close its Memphis corn mill in January of next year, a move that will impact 440 employees, according to a news report.

23. Cargill to Close Memphis Corn Mill -

Cargill Inc. will close its Memphis corn mill in January, a move that will impact 440 employees.

The company said the closure of the facility resulted from the underutilization of the Memphis plant on Presidents Island and its location far away from the Corn Belt. The nearby corn oil refinery that employs 28 people will remain open and operate as a standalone facility, Cargill said.

24. Kroger Pulls $11 Million Permit for Union Avenue Store -

Kroger has pulled an $11 million building permit for its new Union Avenue store in Midtown.

The existing Kroger store, which sits on a 1.1-acre site at 1745 Union, will be demolished for a parking lot for the new 74,000-square-foot store. Kroger has already completed the demolition of the Belvedere Apartments to make way for the new store at 1761 Union, which will include a larger pharmacy and new refrigeration and freezer cases, among other changes. Kroger has invested a little over $50 million in the Memphis area over the last three years and will invest north of an additional $50 million over the next three years.

25. Allow Innovation to Expand Business Model -

As your innovation efforts begin to move from the ideation to the testing phase, or the co-creation with consumers or customers, outlandish and disruptive concepts present themselves. As messy as children arriving, they show up, saying, "Feed me, let me scream at the top of my lungs, I’m uncivilized,” all without speaking.

26. Power Play -

When the Tennessee Valley Authority board voted in August to build a new power plant in Southwest Memphis, it was a decision based on factors larger than the power needs in Memphis.

But it was also a decision that is just as important for Memphis as the decision to build the existing Allen Fossil Plant there 55 years ago.

27. Going Home -

Steve Brown, Crye-Leike Realtors Inc. Memphis general manager, and other Realtors remember a time when the headquarters for the Memphis Area Association of Realtors had a bank of telephones along a wall that Realtors in the field flocked to in order to check in with the office.

28. What Does Local Really Mean? -

I make my living helping retail entrepreneurs, franchisees, national restaurants and retailers find the best home for their business in the Mid-South.

Over the past 11 years, I had the opportunity to work with several national branded franchise quick service restaurants, sometimes known in the industry as a “QSR” concept. Many of these franchises are owned by local Mid-South entrepreneurs.

29. Human Resources Seminar to Examine Office Cultures -

Russ Williams, CEO of Memphis-based marketing communications firm archer-malmo, doesn’t want to take credit for the creative vibe and culture found inside his firm – and, moreover, he doesn’t even think the firm has necessarily cracked any kind of secret code to put its own culture in place.

30. People Power -

Meg Crosby and her fellow principals at the HR-focused consulting firm PeopleCap chose that name for their organization because of the way they think about the modern workplace – particularly, the ever-changing nature of the employees who populate it.

31. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

32. FedEx Weighs in on PILOT Incentives -

FedEx has urged Memphis officials to keep tax incentives for businesses in place and suggested that any major changes to the existing program could cause the company to invest elsewhere.

"As we look at the modernization of the Express air hubs, the availability of incentives by local governments is an important factor to our decisions, whether it is here in Memphis, Indianapolis, Newark, Greensboro or Oakland," Christine P. Richards, FedEx executive vice president, wrote in a July 31 letter to City Council chairman Jim Strickland and Memphis Mayor A C Wharton Jr. "We would be disappointed to see action taken to change the PILOT program, particularly with respect to retention, that would disadvantage Memphis in comparison to other locations.”

33. FedEx Weighs In on PILOT Incentives -

FedEx has urged Memphis officials to keep tax incentives for businesses in place and suggested that any major changes to the existing program could cause the company to invest elsewhere.

"As we look at the modernization of the Express air hubs, the availability of incentives by local governments is an important factor to our decisions, whether it is here in Memphis, Indianapolis, Newark, Greensboro or Oakland," Christine P. Richards, FedEx executive vice president, wrote in a July 31 letter to City Council chairman Jim Strickland and Memphis Mayor A C Wharton Jr. "We would be disappointed to see action taken to change the PILOT program, particularly with respect to retention, that would disadvantage Memphis in comparison to other locations.”

34. Local Movers Hit the Big Leagues -

Steven Reed, Jeff Coletta and Jonathan Greer met as children while playing youth football at the Germantown Youth Athletic Association, igniting a life-long bond that remains to this day.

35. ABF Freight Acquires Two Memphis Properties -

ABF Freight System Inc. appears poised to significantly expand its Memphis presence, but company officials aren’t saying it’s a done deal just yet.

36. Smucker Files Third $16 Million Permit -

The J.M. Smucker Co. has filed a third $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven.

37. I Choose Memphis: Hillary Quirk -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Hillary Quirk

Job title and company: Community Manager, Start Co.

38. Chef Jenn Products Coming To More Outlets, States -

The “Chef Jenn” lines of frozen seafood products from Memphis chef Jennifer McCullough are being picked up by East Coast grocery store chain Harris Teeter and also by Walmart in several regions.

39. Cargill Inc. to Invest $45 Million In West Memphis Grain Facility -

Cargill Inc. will invest $45 million to build a grain handling and shipping facility in West Memphis, the company announced Friday, June 10.

40. From Despair to Belief -

A July weekday afternoon, about 2:45. It’s the perfect time for just about anyone to be nodding off in class.

But in the basement of Midtown Church of Christ, where HopeWorks Inc. is housed, class is in session and a dozen men and their teacher are having a lively discussion.

41. Chef Jenn Products to Appear In More Outlets, States -

The “Chef Jenn” lines of frozen seafood products from Memphis chef Jennifer McCullough are being picked up by East Coast grocery store chain Harris Teeter and also by Walmart in several regions.

42. Cargill to Invest $45M In West Memphis Facility -

Cargill Inc. will invest $45 million to build a grain handling and shipping facility in West Memphis, the company announced Friday, July 11.

43. Cargill to Invest $45 Million in West Memphis Facility -

Cargill Inc. will invest $45 million to build a grain handling and shipping facility in West Memphis, the company announced Friday, July 11.

Cargill, which operates a corn mill on Presidents Island in Memphis, said in a statement that the new facility would “ become a key origination point in the south for soybeans, corn, milo and wheat.”

44. EDGE Mulls Tax Break for Plastics Recycling Co. -

A company that recycles and manufactures post-industrial plastics is considering relocating from Arkansas to Memphis.

RE-CY, or RE-CY Plastics, is considering acquiring a facility on Winchester Road to recycle and manufacture plastics, which are then used for automotive parts, decking and IKEA furniture.

45. Plastics Recycling Company Considering Memphis Relocation -

A company that recycles and manufactures post-industrial plastics is considering relocating from Arkansas to Memphis.

RE-CY, or RE-CY Plastics, is considering acquiring a facility on Winchester Road to recycle and manufacture plastics, which are then used for automotive parts, decking and IKEA furniture.

46. ‘A Step Closer’ -

The general contractor for the Crosstown redevelopment project recently applied for three building permits totaling $115.3 million as the development team approaches a key period for financing the ambitious project.

47. Questions Raised About 100 N. Main Developer -

.

Clarification: The article in the June 16 issue of The Memphis Daily News about 100 N. Main developer Isaac Thomas contains facts from a judge’s opinion rendered after a civil judgment – not a criminal case – in Connecticut that held Thomas liable for an investor's $80,000 loss in a real estate venture. After a civil trial, Thomas was found liable under the Connecticut Unfair Trade Practices Act and was ordered to pay $160,000 plus attorney fees and costs. While he was also found liable for conversion, unjust enrichment and breach of fiduciary duty, no additional damages were awarded for those claims. Thomas was not criminally charged.

48. Graceland Hotel Passes Crucial Hurdle -

A new hotel near Graceland has passed a key regulatory hurdle.

The Memphis-Shelby County Land Use Control Board approved a proposal from Elvis Presley Enterprises to build a 450-room hotel on the same side of Elvis Presley Boulevard as the historic Graceland mansion, one of the city’s top tourism sites.

49. Events -

Methodist South Hospital will host a stroke support group meeting for survivors and caregivers Monday, June 9, at 5:30 p.m. in the outpatient rehabilitation center, 1251 Wesley Drive, suite 141. Dr. Hafiz Elahi will present “Stroke From the Neurologist’s Perspective.” Email patricia.morgan@mlh.org or rushali.naik@mlh.org.

50. City to Rework Rights-of-Way Fees -

Allan Wade points to the patchwork pavement on many Memphis streets – square, sometimes rectangular.

51. Touch of History -

For its 150th anniversary, First Tennessee Bank didn’t want to only blow out the candles, so to speak.

In addition to commemorating the enviable milestone of longevity in an industry as frequently upended as banking, the Memphis-based financial institution wanted to help customers directly feel the impact of the bank’s presence in their community. At the same time, the bank also wants to let customers literally reach out and touch the bank’s history.

52. Selling Memphis -

Not too long ago, Dudley Boyd, president and CEO of National Bankers Trust, entered a conference room at the Greater Memphis Chamber’s office at the Falls Building Downtown.

53. Economic Experts Offer Analysis, Forecast -

A report from Fitch Ratings May 14 declared that going forward the U.S. economy will have to grow without the help it has enjoyed in recent years from things such as low interest rates and government spending.

54. Airport Authority, U of M Establish Scholarship -

The Memphis-Shelby County Airport Authority and University of Memphis have established an endowed scholarship at the Fogelman College of Business and Economics as a tribute to Larry Cox, former president and CEO of the Airport Authority.

55. IronHorse Makes New Hire, Launches Mutual Fund -

Memphis-based investment firm IronHorse Capital Management has hired a managing director for national sales, a new hire that comes at the same time as the firm has launched its first mutual fund product.

56. Tower Facelift -

One of Memphis’ most recognizable office buildings, occupying a prime piece of commercial real estate on Poplar Avenue in East Memphis, is getting a makeover.

Rosemont Realty LLC is investing around $400,000 to update the 24-story i-bank Tower at 5050 Poplar Ave. The 275,634-square-foot building, built in 1967 by pioneering developer William B. Clark Sr. and formerly known as White Station Tower, includes the signature round top floor, which once housed a rotating restaurant.

57. Airport Authority, University of Memphis Establish Scholarship -

The Memphis-Shelby County Airport Authority and University of Memphis have established an endowed scholarship at the Fogelman College of Business and Economics as a tribute to Larry Cox, former president and CEO of the Airport Authority.

58. Officials Visit Memphis to See Investments at Work -

Officials from President Barack Obama’s administration were expected to visit Memphis to look at joint investments by their agencies in a program designed to improve housing and transportation options, protect the environment and build stronger regional economies.

59. Coletta: ZIP Codes Don’t Define Destiny -

It’s not often you hear a featured speaker identify herself by ZIP code, but that’s just what Carol Coletta did Thursday morning at the ninth annual Alliance for Nonprofit Excellence conference at Temple Israel.

60. Officials Visit Memphis to See Investments at Work -

Officials from President Barack Obama's administration were expected to visit Memphis Friday to look at joint investments by their agencies in a program designed to improve housing and transportation options, protect the environment and build stronger regional economies.

61. I Choose Memphis: Jittapong 'JT' Malasri -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Jittapong “JT” Malasri

62. Memphis Remains Key for Back Yard Burgers Turnaround -

More than a year after coming out of bankruptcy protection, Nashville-based Back Yard Burgers is a different restaurant company – one that enjoyed a 10.6 percent increase in same-store sales in the first quarter as well as 12 straight months of increased revenue.

63. Armstrong Relocation Owner Shares ‘Only in America’ Story -

When Tom Watson was a child, his father and uncle bought what was then known as Armstrong Transfer and Storage Co.

64. Iraqi Trade Delegation Visits Memphis -

An Iraqi trade delegation in Memphis this week got a look at the FedEx Memphis SuperHub and met with the local Iraqi community.

Naufel Alhassan, commercial counselor for Iraq’s U.S. embassy, also met Monday, April 21, with leaders of the Greater Memphis Chamber.

65. A Funder’s View of Sustainability -

Editor’s Note: This column will appear Tuesdays through April in honor of Sustainability Month for Memphis and Shelby County.

As the Mid-South’s philanthropic partner since 1969, the Community Foundation of Greater Memphis is clearly here to stay. That’s why we are interested in initiatives that make our area more livable and connected right now and for future generations.

66. Innovation Risk Brings Rewards -

Suppose I told you that you could spend $185,000 and turn it into $25 million or more in a few years. You would accuse me of phishing, an investment scam, or dismiss the proposition as foolhardy. Yet, these are the types of returns we see from clients and those in the world who invest in breakthrough innovation at their companies.

67. Open House -

The historic James Lee house in Victorian Village is days away from a grand opening celebration, the culmination of a restoration several years in the making that has turned the property once home to the Memphis College of Art into a bed-and-breakfast inn.

68. Market Mystery -

Over the last several years, investors ranging from mom-and-pop shops to large hedge funds have been acquiring single-family homes in Memphis at a historic pace.

But determining the long-term impact that investor purchases have made on neighborhoods remains elusive.

69. Bares: EPIcenter Effort Targets ‘Scalability’ -

It’s all about “scalability” when it comes to creating new businesses in Memphis, and that means creating ones with a reach beyond the city to customers in other places – customers that more often than not are other businesses, not consumers.

70. Measurement: Holy Grail of Marketing -

Second in a two-part series. Measurement is the Holy Grail of marketing. A savvy marketer would naturally prefer to invest his dollar in a strategy with a measurable return on investment versus one without.

71. Stewart Joins Metal Museum as Collections Manager -

Grace Stewart has joined the Metal Museum as collections manager/registrar. Stewart, who previously served as registrar for the National Civil Rights Museum for a year and a half, says her goals are to help grow and define the Museum’s permanent collection and facilitate greater access to the collection through exhibits and education opportunities.

72. Marketing Is About Strategy -

The word marketing has lost its true meaning in common business vernacular. Instead of a strategic activity that contemplates price, product, promotion and place, marketing has largely come to mean tactical execution of advertising or sales materials.

73. Crosstown Funding Comes With Questions -

The Memphis City Council’s approval of $15 million in city funding for the Crosstown redevelopment project last December was supposed to be the last piece of a $180 million funding puzzle for the mammoth undertaking.

74. Galvanizing Company Files Permit for Facility -

3328 Fite Road
Millington, TN 38053
Permit Cost: $1.9 million

Project Cost: N/A
Permit Date: Applied March 2014
Completion: N/A
Owner: 3328 Fite LLC
Tenant: 3328 Fite LLC
Architect: N/A
Contractor: N/A
Details: An affiliate of Columbus, Ohio-based “hot dip galvanizing” company Voigt & Schweitzer LLC plans to construct a 63,120-square-foot facility near Millington.

75. Smucker Files Another $16 Million Permit -

The J.M. Smucker Co. has filed a second $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven.

76. Buzz Around Spec Office Space Starts to Swirl -

International Paper Co.’s new office tower in East Memphis is under construction now, but it’s been four years since the last speculative office building opened its doors in Memphis.

77. Seeking Collaboration -

The debate over which development projects should be public or public-private efforts could intensify in the coming months as the city of Memphis explores multiple redevelopment plans.

Memphis Mayor A C Wharton Jr. said if the city, which is facing strong financial headwinds, hopes to attract investment, it must sometimes help jump-start developments in areas that the private sector may otherwise be hesitant to enter.

78. CDC Leaders Have Challenges in Communities -

Community development corporations are designed to help create more housing in areas where investors and banks might not normally invest without incentives.

But the CDCs, as they are known, are increasingly in the business of adding business development to the housing in a combination of community building.

79. Muddling Through the Muddling Through -

Last week’s December jobs number was billed as an economic tiebreaker after a string of mixed data. The release depicted a softening employment environment. The U.S. economy created 113,000 jobs in January against expectations of 185,000. Over the trailing three months, the economy has added an average of about 150,000 new jobs per month versus 200,000 per month reached last summer/fall. With the jobs market downshifting, can the Fed do more?

80. Smucker Files $16 Million Permit for Plant Expansion -

The J.M. Smucker Co. has filed a $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven.

81. Smucker Files $16 Million Permit for Plant Expansion -

4789 Cromwell Ave.
Memphis, TN 38118
Permit Cost: $16 million

Project Cost: $41 million
Permit Date: Applied January 2014
Completion: TBA
Owner: The J.M. Smucker Co.
Tenant: The J.M. Smucker Co.
Architect: N/A
Contractor: N/A
Details: The J.M. Smucker Co. has filed a $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven.

82. Beale Alterations Point to Possible Larger Changes -

As a brass band leading a lunch-hour parade on Beale Street last Friday passed Handy Park, a crew wearing the district’s new uniforms for maintenance workers were taking down the Performa Entertainment sign outlining the ground rules for the park area.

83. Smucker Files $16 Million Permit for Plant Expansion -

The J.M. Smucker Co. has filed a $16 million permit with the city-county Office of Construction Code Enforcement as part of its planned plant expansion at 4789 Cromwell Ave. in Oakhaven.

84. Fairgrounds TDZ Should be Rejected -

The proposed Fairgrounds Tourism Development Zone (TDZ) needs to be rejected. While most of the recent debate has been confined to the impact on education funding, there are several more serious issues with the TDZ.

85. Morris: High Bids Lead to Harahan Redesign -

Plans for the pedestrian and bicycle boardwalk on the north side of the Frisco Bridge are being redesigned after the first bids on the boardwalk came in too high.

But Downtown Memphis Commission President Paul Morris said talks are underway with Union Pacific railroad executives about a compromise as backers of the part of the larger “Main to Main” project seek to raise more private funding.

86. Smucker Given Amended PILOT to Expand -

The incentives Memphis and Shelby County offered J.M. Smucker Co. LLC were sweet enough for the peanut butter and jelly maker to expand its operations in the city.

87. Business Coaching Provides ROI for Companies -

It’s a new year and, like many people, business leaders are also resolving to make some personal and professional improvements.

A global look at company management trends reveals that an increasing number of executives are going the extra mile to up their A games, particularly in a shaky economy. Memphis is no exception. Locally as well as internationally, the executive coaching industry is thriving.

88. Your Biggest Competitor is Indecision -

Ask about anyone in business about their biggest competition, and they’ll likely offer up the name of a rival company. I’d argue that for most companies, the fiercest of all competitors is prospect indecision and apathy – the predominant deal-killers faced by sales teams day in and day out.

89. Smucker to Upgrade Peanut Butter Production -

The J.M. Smucker Co. plans to increase investment at its Southeast Memphis facility but will hire fewer new employees than the company promised last year.

90. It Pays to Look Forward -

The thundering herd that carried the equity markets into the record books in 2013 seemed spooked by the first few trading days of 2014. Should we read into this?

Perhaps, but it more likely indicates portfolio rebalancing rather than a widespread repositioning of wagers. Those rebalancing their portfolios need to sell stocks to provide currency to replenish underperforming asset classes. For those that shifting wagers, what new bets might pay off in 2014?

91. Will a Leader Take a Stand? -

Despite its history of entrepreneurialism, Memphis is a ghost town when it comes to birthing and growing businesses.

We keep beating this drum, hoping people will hear and that a leader will answer the call. Memphis needs an entrepreneurial champion.

92. Wright Signs Lease for East Memphis Headquarters -

After months of planning, Wright Medical Group Inc. has signed the lease for its new headquarters and is in the process of moving to the wooded office campus at Park Avenue and Cherry Road in East Memphis.

93. 2014 Game-Changing Sales Trends -

With the rapid technological advancements that have accompanied the Information Age, the “selling process” has been shifting toward more of a “buying process” for years, as most buyers engage in significant online research prior to ever engaging a sales rep. Today’s buyers are further along in the sales process, with a much clearer understanding of what they need before your sales reps ever get their shot.

94. Lindow Rejoins The Centre Group -

Tracy Lindow has rejoined The Centre Group human resources firm as a senior consultant following several years in Germany. As a senior consultant, Lindow will help organizations improve their bottom line through human asset development by leveraging compensations strategies, executive search, employee attitude research and leadership skills development.

95. Shooting for the Moon -

The Commerical Appeal ran a story last week about the Greater Memphis Chamber’s Chairman’s Circle and its “Moon Missions.” While the details remain nebulous, the Chairman’s Circle consists of private sector leaders that contribute funding and business perspective to identify, analyze and define solutions for some of Memphis’ greatest challenges.

96. Aluma-Form to Open Miss. Manufacturing Facility -

Memphis-based Aluma-Form Inc. will open a manufacturing facility in Walnut, Miss.

The planned 70,000- to 80,000-square-foot facility on a 17-acre site is expected to employ around 125 people.

97. Commission Votes Down School Board Pay Raise -

The issue of how much to pay elected officials was settled Monday, Dec. 16, by the Shelby County Commission on one front.

But the debate will still be around in another form in the new year.

98. Srivastava Shapes Area’s Transportation Future as MPO Administrator -

Pragati Srivastava, administrator for the Memphis Urban Area Metropolitan Planning Organization, is passionate about transportation and travel.

She joined the MPO six years ago with the goal of helping to create and shape transportation corridors for a region that includes all of Shelby County, the western four miles of Fayette County and the northern 10 miles of DeSoto County.

99. Aluma-Form to Open Mississippi Manufacturing Facility -

Memphis-based Aluma-Form Inc. will open a manufacturing facility in Walnut, Miss.

The planned 70,000- to 80,000-square-foot facility on a 17-acre site is expected to employ around 125 people.

100. Soulful Synergy -

What happened at the corner of McLemore Avenue and College Street in the 1960s is nothing short of extraordinary.

At the crossroads of segregated neighborhoods in South Memphis, two white business partners would open the doors wide to whites and blacks alike, who congregated to write and record songs that would set off a soul explosion heard around the world.