Home » Tag Archives: Phil Hardwick (page 2)

Tag Archives: Phil Hardwick

PHIL HARDWICK — Art is in the eye of the beholder

M[/dropcap]y wife loves art museums. I love car shows. We agree that art can be found in both places. We also agree that car shows and auto-related events can be an excellent way to attract visitors to a community. Car shows and classic car events are growing in popularity.  No doubt that the Baby Boomer generation’s love for nostalgia is ...

Read More »

PHIL HARDWICK — Why process matters

Process is defined as “a series of actions or operations conducing to an end,” according to Merriam-Webster. Goal is defined as “the end toward which effort is directed.” The situation with the hiring of a new chancellor at Ole Miss is a good example of why the process can be as important as the goal. The goal was clear: Hire ...

Read More »

BILL CRAWFORD — Brain drain a gross problem for Mississippi

Brain drain in Mississippi is gross. That’s what Phil Hardwick wrote in the Mississippi Business Journal. Citing an April report by the U.S. Joint Economic Committee on the topic of brain drain in the United States, Hardwick explained, “Gross brain drain is defined as the share of leavers who are highly educated minus the share of adults who remain in ...

Read More »

PHIL HARDWICK — Congressional report the place to start with Mississippi brain drain

Brain Drain, as it is now called, is not a recent phenomenon. It was mentioned by candidate Bill Waller in his successful campaign for Governor in June 1971. He referred to it as “talent drain.” What is new is how some states and communities are addressing it. The first place to get up-to-speed is a Congressional report, “Losing Our Minds: ...

Read More »

PHIL HARDWICK — Estimating the value of your business

How much is your business worth? There are several ways to estimate the value depending on the type of sale, the motivations of the buyer and seller, and numerous other factors. In this column, we will examine a few different methods of valuing an ongoing business. Before doing so, allow me to share a personal story. In the corner of ...

Read More »

PHIL HARDWICK — making the most of your business negotiations

When negotiating, do you hold out for the best deal, or are you satisfied once you get most of what you want? When you are purchasing a product or service for your company, do you buy when something meets your company’s needs, or something that is the best? It probably depends on whether you are a maximizer or a satisficer? I ...

Read More »

PHIL HARDWICK — Beware of scam artists promising jobs for your community

The subject of economic development incentives is receiving lots of publicity these days. The Amazon relocation debacle revealed what can happen when the entire community is not on board with major business recruitment. When incentives are properly used, the community wins and the company receiving the incentives wins. However, because some communities are so desperate for jobs they are easy ...

Read More »

PHIL HARDWICK — Sundays make me want for Mondays

It is 7:32 a.m. on a beautiful Sunday morning in mid-summer. Birds are chirping, crepe myrtles and magnolias are in full bloom, the green pollen has long since stopped falling and the sun is shining. The back porch, the Sunday newspapers and the second cup coffee of coffee provide solace. And then it begins. Noise from a nearby lawn mower, ...

Read More »

Making small business grow and flourish

Optimism among small business owners is near an all-time high, according to the May 2019 Small Business Optimism Index of the National Federal of Independent Business Research Foundation. Small businesses surveyed reported that they plan to increase employment, make capital outlays, expect to see sales increase and that they believe now is a good time to expand. If you’ve been ...

Read More »

PHIL HARDWICK — What do the television shows Property Brothers, Flip or Flop, Masters of Flip and Fixer Upper have in common?

Answer: They are the most watched home decorator shows of all time? Watch any of those shows, or any similar shows on television, and you’re likely to hear the term “design” used quite a bit. Design, which is the process of creating something based on a plan, is becoming an in-thing.  It’s about time.  What was once available to only ...

Read More »