The president of one of the largest charitable foundations in the state talks about how and why corporations give the way they do. Why would a company like Island Insurance create a foundation rather than just give directly to charity? Before, a…
Faced with a problem that’s literally out of this world, scientists went looking for a solution on an isolated part of Mauna Loa. Astronauts who eat the same freeze-dried and dehydrated options day after day tend to suffer from “menu…
When properly done, mission statements inspire people by giving their work meaning and proclaiming the organization’s purpose. However, there are fundamental flaws in most mission statements: Too many words. Too many concepts. Addressing only the mind and not the heart.…
Question: Delinquent accounts are hurting my business. What can I do to get this problem under control? Answer: Delinquent accounts are an unfortunate part of any business that extends credit. Effective collection efforts can help reduce your losses, but the…
If you have lived in Hawaii for a while, the ranking of the richest and poorest ethnic groups shouldn’t surprise you. The hierarchy has remained the same for the past four decades, says UH ethnic studies professor Jonathan Okamura, who…
Payday is always a great day. It means more money in your wallet or bank account. But imagine if your pay stub had an asterisk and tiny print that was hardly readable: *Each dollar worth only 82 cents. That’s what…
PHOTOS BY MARK ABEIT When people think about the fashion business, they tend to focus on the designer’s creative ideas and the finished products they buy. The beginning and the end. But it takes a great deal of work…
Ahi, also known as yellowfin tuna and bigeye tuna, have suffered from overfishing and are becoming harder and harder to catch in the wild. That’s why farm-raised ahi are so coveted, but the prize has proved elusive. Others are trying…
Question: I have six salespeople: four veterans and two who are quite new. While they are all selling, I know they could be selling more, and I’m amazed that the new ones are outselling the experienced ones. Any suggestions? Answer:…
Conflict negotiation arises in many contexts, both business and personal, but successful negotiation does not just happen. Sharon V. Lovejoy, litigation attorney with Starn O’Toole Marcus & Fisher, offers these tips to help you negotiate a successful resolution. 1. Improve your…
Tuesday, 11:50 AM Coulter Construction, Manoa Valley Photographer Twain Newhart >> A crew from Coulter Construction lays down the concrete foundation for a custom-built home in Manoa. Pouring the concrete takes a week, but site preparation starts weeks in advance. The…
Problem: Search online for, say, a traditional hula kahiko dancer, and you’ll be hard-pressed to find a high-quality image you can easily download and use for your business. Daniel Leuck, CEO of the Honolulu-based creative agency Ikayzo, saw that need for good…
Source: Hawaii Department of Labor and Industrial Relations One way to follow a changing economy is to track the fastest-declining and fastest-growing jobs. The following infographic report outlines the state’s forecast for the biggest changes in Hawaii’s labor market, both in…
The coming construction boom will be very different from the last one: different kinds of projects, new ways of financing and maybe fewer rising costs. It’s often hard to say exactly when the business cycle turns. Some date the end…
The most heated argument about modern offices pits the relative privacy of cubicles and offices versus collaborative nature of open workspaces When the cubicle hit the furnishings market in 1967, it forever changed the landscape of office culture and the…
Lawrence Pai VP and Business Banking Team Manager, Central Pacific Bank Question: What’s the best way to accept payment from customers? Answer: As a small business owner, the more payment options you offer customers, the more convenient and accessible are…
Steve Novak Business Operations and Strategic Planning consultant, Owner, PPR Management Services, LLC Question: Our company is having trouble turning a vague list of long-term ideas into a concrete plan. Even worse, we can’t seem to reach our short-term targets…
Legacy Isle Publishing is a new company that says it removes the stigma of the “vanity press” by giving self-published writers access to professional editors, designers and printers to enhance their books. Creators: George Engebretson and Dawn Sakamoto, respectively publisher and…
Are they worth it? That’s the question asked each year by shareholders, regulators, politicians and the public when publicly traded companies reveal how much they pay their CEOs. Different methods have emerged to try to answer the question of “Are…
Profitability is the bottom line, but it’s not the end of the story. Consider banks: In 2010 and 2011, Hawaii’s two largest financial institutions, First Hawaiian Bank and Bank of Hawaii, were also the state’s most profitable companies. Last year, they ranked first…
The hard reality of a slow-growing national economy and persistently high unemployment rates has helped spawn a mythical creature, the purple squirrel. Even though no one has ever seen a purple squirrel, some employers keep looking for one. And, for…
Phillip Ana, an employee at Hawaii’s Executive Office on Aging, leads workshops on state-run disability services, manages an online database of resources and consults with clients by phone about services for Hawaii’s disability community. Andrew Sensano is in charge of…
Wednesday, 2:34 PM Love’s Bakery, Kalihi Photographer David Croxford >> Nenita Ramos, oven infeed operator, checks the quality of the loaves heading into the 400-degree oven. This batch of Hawaii’s Hearth 100 percent Whole Wheat bread is one of 276…
This month’s feature on the “Best Advice I Ever Got” suggests a complementary article, “The Worst Advice I Ever Ignored.” Every successful person has followed lots of good advice to get where he or she is, and, along the way,…