Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

Patrick Mahomes realized at a young age he had been given a gift. Something that made him different from his peers. As a five-year-old, he could fling a baseball effortlessly and hard across the diamond. The son of former Major ...

Tagged with: On Sports Scott Pitoniak

“I was put in charge of my company’s new venture, and after a few months, it looks like it’s going to fail. The owners, who are adhering to the ‘fail fast’ philosophy, are OK with that. But I wonder, how ...

Tagged with: Kathleen Driscoll Managers at Work

Joe DiMaggio was asked back in the early 1990s how much money he would command if he were still in his baseball prime. “I’d walk into (New York Yankees owner) George Steinbrenner’s office, shake his hand, and say, ‘Howdy, partner,’” ...

Tagged with: On Sports Scott Pitoniak

Hospitality-related industries are contributing more than 10 percent of the world’s GDP; tourism alone employs roughly one in 10 people globally. It’s big business—with huge opportunity for technology disruption. Restaurants, arguably the lowest tech segment, make up over 72 percent ...

Tagged with: Advancing Business Jacqueline Mozrall

In 2014, Raj Sisodia and John Mackey published Conscious Capitalism: Liberating the Heroic Spirit of Business setting forth a business model that the authors assert optimizes business performance. As proof of this claim, in 2018, Sisodia published the following data ...

Tagged with: Business Ethics Jim Nortz

Google Analytics is a free service that allows marketers and website owners to track users’ behavior on their websites. It can tell the story that is so critical to understanding how to improve the performance of a site—specifically, who is ...

Tagged with: Digital Marketing Karl Heberger

  Labor supply constraints are perhaps the greatest uncertainty facing the Rochester economy in 2019. The region ended 2018 at essentially “full” employment. On a seasonally adjusted basis, the local jobless rate hovered near an 18-year low of 3.8 percent, ...

Commissioners of sports leagues are employed by the team owners they oversee. And that can make for a sticky wicket when an owner runs afoul of the law, and the boss suddenly finds himself in the awkward position of having ...

Tagged with: On Sports Scott Pitoniak

I’ve been thinking about “sense of belonging” lately after noticing it’s a theme that comes up frequently when I interview people for open positions. When I ask why they’re looking for a new job and what they’re looking for in ...

Tagged with: great workplaces Lauren Dixon

In 2014, the Supreme Court of the United States (SCOTUS) rendered its decision in Alice v.  CLS Bank, creating significant ambiguity as to when computed-implemented inventions (e.g., software, programmable logic) are patentable in the United States. Last month, the United ...

In today’s consumer atmosphere of Google Wallet™, Venmo™ and Zelle™, people can settle payments and bills quickly and efficiently with the touch of a few buttons. This mindset is now starting to trickle over to the business-to-business side and treasury ...

The fossil fuel industry, that one guy at work, and your Uncle Larry can say whatever they want about climate change impacts, but the grapes don’t lie.  Climate change is causing physiological changes in grape vines, increasing pest and disease ...

Tagged with: environment Suzanne Hunt wine

My microfiche research back in 1991 had unearthed very little about Thomas Edison Alston, other than to tell me what I already knew—that he was the “first Negro to play for the Rochester Red Wings and St. Louis Cardinals.” But ...

Tagged with: On Sports Scott Pitoniak

It’s a familiar scenario: As he is about to retire from a large, multinational corporation, a 60-something gentleman is faced with important financial decisions. Annuity or lump sum? He accepts the “lump sum” option and decides that he will need ...

Tagged with: Patricia Foster The Informed Investor

Early in this 2019, Greater Rochester Chamber of Commerce is reflecting on the past while planning strategically for the future. A great deal has changed here since the Industrial Management Council merger with the Rochester Metro Chamber of Commerce formed ...

Tagged with: On Business Robert Duffy