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

Resplendent in his trademark “victory red polo,” Tiger Woods won a PGA tournament late Sunday afternoon for the first time in 1,876 days. NBC executives were ecstatic because a Tiger in the hunt is the ratings equivalent of a hole-in-one. ...

The IRS recently approved an employer’s proposal to offer a “student loan repayment nonelective contribution” under its 401(k) plan. The ruling provides welcome guidance to plan sponsors seeking to provide employees with the opportunity to save for retirement while repaying ...

Tagged with: Jeremy J. Wolk law

I recently had the pleasure of traveling with a delegation of Rochester-area leaders to Columbus, Ohio to meet with that region’s key economic development agencies. Our group consisted of representatives from Greater Rochester Chamber of Commerce, Greater Rochester Enterprise, University ...

Tagged with: On Business Robert Duffy

Shortly after becoming Syracuse University’s head football coach in 1981, Dick MacPherson called star running back Joe Morris into his office. To honor the senior-to-be and wake up the echoes of Orange football, Coach Mac offered Morris the opportunity to ...

Tagged with: On Sports Scott Pitoniak

“One of your main responsibilities as a leader is to lead the movement forward as if I’m not there.” Those words were spoken in 2012 by His Holiness the Dalai Lama, in a private conversation with Lobsang Sangay, president of ...

Tagged with: John Engels leadership

In 2014 the Wall Street Journal published an article titled, “U.S. companies cling to writing paper checks.” At the time, 50 percent of business-to-business payments were being made by check, at an average of $5.91 per check—an estimated 10 times ...

Tagged with: Corporate Finance James Barger

The story sounds apocryphal, but a good friend who covered the Philadelphia Eagles back in the day swears on a stack of bibles that it’s true. The tale goes like this: During the 1982 National Football League players’ strike, obsessive ...

Tagged with: On Sports Scott Pitoniak

Most businesses understand that a good online user experience is an important aspect of a customer’s impression of an organization. But what makes a good user experience? Most importantly, how do you know that the investment you are making in ...

“I’m supervising a team that includes two (millennial-age) people who deal with key customers. For the most part, they do good work, but I’m having trouble helping them understand that not every contact with customers should be done on email. ...

Tagged with: Kathleen Driscoll Managers at Work

“Those who cannot change their minds cannot change anything.” —George Bernard Shaw Another change in the seasons has arrived all too quickly. The Labor Day holiday and return to school always seem to remind me that the holidays and the ...

Tagged with: Gerald Archibald Non-profit Management

     Before you can understand why a public company might want to go private, you first need to understand why and how the company went public. Going public simply means the ownership of the company came to be widely ...

The Labor Day morning announcement by the Buffalo Bills that Nathan Peterman will start Sunday’s regular-season opener against the Ravens in Baltimore elicited the kind of sarcasm one might expect from the cesspool known as Twitter. One tweeter joked about ...

Tagged with: On Sports Scott Pitoniak

Everyone knows that companies can achieve optimal performance by having a fully engaged workforce with high morale and esprit de corps. Data from numerous independent studies consistently show that organizations with such attributes have significant advantages over others that do ...

Tagged with: Business Ethics Jim Nortz

In recent years, the largest digital advertising companies have made a push to attract more small businesses. If you’re a business owner, you’ve probably received postcards in the mail with a $25 credit for Google advertising or been advised to ...

Tagged with: Digital Marketing Karl Heberger

Before training camp kicked off, I wrote that the Buffalo Bills would be better off keeping rookie quarterback Josh Allen on the bench in the regular season opener because he wouldn’t be National Football League-ready and because of pass protection ...

Tagged with: On Sports Scott Pitoniak