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Thu, 01 Oct 2015 04:00:48 +0000
Smart Business Magazine

To me, it’s all the more valuable if a person passing along some advice puts it into a short, memorable phrase.

This month’s Uniquely Cleveland focuses on the The Northern Ohio Italian American Foundation, its 20-year history and its philanthropy, including an annual gala, which this year will honor Tommy LiPuma. A Cleveland native and record producer, LiPuma has earned 18 gold and platinum records and 30 Grammy nominations in his 40-year career.

LiPuma has described the phrase he uses for what he looks for in an artist as the “chill factor.” In an interview, he gave this explanation of the nerve-tingling result of a perfect combination of song, voice and style: “I can’t always put my finger on why I know something will work. It’s more the ‘chill factor’ I look for, honing in on that artist whose music reaches inside you and takes you somewhere.”

With that phrase, the “chill factor,” you have all that’s necessary to realize how LiPuma makes his decision and perhaps how you can consider what gives you the “chill factor” when you have to evaluate a performance or product.

Decisive moment

Another phrase that says it all in a few words is the “decisive moment.” Henri Cartier-Bresson, a French photographer who is widely considered the father of photojournalism, coined this phrase, which has come to mean the perfect second to press the shutter.

To quote Cartier-Bresson, the decisive moment is “In the span of a fraction of a second, the simultaneous acknowledgement of the meaning of a fact on one hand, and on the other, of a rigorous organization of visually perceived forms that express this fact.”

So when you push the shutter on your decision, you might want to consider if it is the decisive moment.

Leap of faith

Still a third phrase that communicates so much in so few words is “leap of faith,” attributed to 19th century Danish philosopher SWed, 15 Apr 2015 18:29:01 +0000
Whatever sage advice you impart to someone, make it short and memorable

Publisher and Vice President of Operations

As Publisher and Vice President of Operations, Dustin manages operations and all things content-related. He is a veteran business journalist, author and speaker; and oversees the editorial content for Smart Business and its business conferences and awards programs; manages the production and circulation departments; the Smart Business Books division; supports the sales team; works with clients to develop customized content solutions; dabbles in business development; and has key responsibilities for the expansion and launch of new markets, and creation of new products and services. As part of his operational duties, Dustin is responsible for developing, implementing and managing the company’s editorial vision, guidelines and procedures.

A 1991 graduate of Kent State University, Dustin joined the Smart Business team in 1997 as a reporter after holding reporting and editing roles at three different daily newspapers. He has held numerous roles at Smart Business, including editor of the Cleveland and Akron/Canton publications and corporate executive editor, where he was responsible for all content-related operations for the publications. He also co-founded, and later sold, Pyramyd Air, an online retailer and distributor, as well as eSports Media Group, one of the Internet’s first pay-on-demand content providers.

Dustin is a native of Shaker Heights, Ohio, and a regular keynote speaker on innovation, leadership and entrepreneurship. He has authored or co-authored four books, and has helped more than 20 CEOs and entrepreneurs transform their ideas into books as an editor or development consultant. Among his works, Dustin co-authored Stella’s Way (Daisa Publishing), which chronicles the life story of an immigrant entrepreneur; and edited and co-authored the Amazon #1 Bestseller The Benevolent Dictator (Wiley & Sons, June 2011), which he co-wrote with the co-founder and former CEO of OfficeMax, Michael Feuer. His most recent book, The Unexpected: Breakthrough Strategies To Supercharge Your Business and Earn Loyal Customers for Life, hit the streets in April 2015.

Dustin has received numerous awards for his business writing, column writing and editing, including a 2013 Distinguished Sales & Marketing Executive Award from Sales & Marketing Executives International (SMEI), and several Best Publication awards for Smart Business magazine. Under his direction, Smart Business Network publications have been honored with more than 100 national, regional and local awards for journalism excellence.

The post Dustin S Klein appeared first on Smart Business Magazine.

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Wed, 26 Feb 2014 21:56:00 +0000
Dustin S Klein

About The Healthcare Reform Seminar

There is little doubt that every employer will be impacted by healthcare reform, but what exactly does that mean? Join Smart Business and SummaCare for a special breakfast event where we’ll present a panel of industry experts to demystify the issue.

With much more guidance being issued on parts of the healthcare reform law, this is one seminar you can’t afford to miss.

The post Healthcare Reform Seminar appeared first on Smart Business Magazine.

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Wed, 26 Feb 2014 21:56:00 +0000
Healthcare Reform Seminar

About The Smart 50 Program

The Smart 50 Awards recognize the top executives of the 50 smartest companies in the region for their ability to effectively build and lead successful organizations. 

All 50 winners will be honored at a black-tie optional celebration in 2014 and three organizations will receive specialty awards for their achievements in three category areas – innovation, impact and sustainability. A fourth award will be presented to one organization as the best overall story. Additionally, all guests will be treated to a keynote address on what it takes to lead a successful “smart” company. 


About The Smart 50 Awards

Eligible “Smart 50” nominees must lead organizations that are either are headquartered in the region where the awards are being presented or have a physical presence.  

Smart Business will vet all nominations and select the top 50 organizations that best represent a cross-section of the community in terms of organization size and industry. A panel of business experts and professors will review those 50 nominations, interview nominees and select a single overall winner in each of three categories.

> Innovation Impact Sustainability

The judging panel will also select a fourth award winner to be presented to one organization as the “smartest” company.  All members of the Smart 50 will receive awards, as well as a toast. Sponsors will present the four specialty awards.


Learn more about the Smart 50 Awards

To register for the Corporate College Smart 50 Awards in Northeast Ohio please click here

The post Smart 50 Awards appeared first on Smart Business Magazine.

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Wed, 06 Nov 2013 00:33:23 +0000
Smart 50 Awards

Thank you for subscribing!

The post Thank You! appeared first on Smart Business Magazine.

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Tue, 03 Sep 2013 14:27:09 +0000
Thank You!

President, Smart Business Magazines and Events

As President of Smart Business Magazines and Events, Lee has overall operations and P&L responsibility for Smart Business Magazines, Smart Business Events and all related digital properties. The company’s offerings include 17 management journals, conferences across the country and full digital and social media capabilities. As a member of the company’s leadership team, Lee also plays a key role in establishing corporate policies and developing the company’s long-term corporate strategy and growth plans.

Prior to joining Smart Business Network in 2002, Lee founded and chaired the Growth Group and E-Group, which focused on working with middle-market growth and technology companies, at the national law firm of Arter & Hadden LLP. While at Arter & Hadden, Lee was a corporate transactional attorney, specializing in mergers and acquisitions and private financings. Lee has authored and published numerous articles and spoken and moderated at conferences on various topics pertaining to his legal practice. He has also served on the Executive Council of the Young Lawyers Section of the Cleveland Bar Association and on the Advisory Boards of the International Angel Investors Institute and the NEOSA Angel Network.

Lee holds a B.B.A., with distinction, in Finance and Marketing from the University of Michigan, School of Business Administration and a J.D. from Case Western Reserve University, School of Law.

The post Lee Koury appeared first on Smart Business Magazine.

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Tue, 03 Sep 2013 14:26:16 +0000
Lee Koury

President and CEO, Smart Business Network

Fred Koury co-founded Smart Business Network in 1989 with a single publication in Cleveland, Ohio. In the years since, he has brought the Smart Business magazine concept to 17 markets in 10 states with monthly publications that focus on the management skills and best practices of successful business leaders. While the magazine had a humble beginning focusing on small business news, it grew in size and stature and now focuses on the middle market in print and online. The various editions of the magazines have showcased the CEOs from some of the top brands in the world, including McDonald’s, Southwest Airlines, The Limited, and also featured some of the world’s most recognizable business leaders, such as Ted Turner and Jack Welch. From the magazine base, Koury has rolled out a series of business networking events that connect CEOs with some of the brightest business minds in the nation. The company is also involved with Ernst & Young’s high-profile Entrepreneur of the Year event, serving as the media sponsor in several cities and using its resources and connections to make sure top entrepreneurs get the recognition they deserve.

More recently, Koury has led the transformation of Smart Business from an analog business to a digital one. The company expanded into being a provider of competitive business intelligence, began providing search engine optimization and social media guidance to clients and created specialized online content to meet customer marketing needs. To meet the ever-increasing demand for content for both print and digital outlets, the company started creating custom content for clients several years ago and recently acquired The Wise Group, a company specializing in the custom content field.

In addition to building Smart Business Network, Koury created the largest business-to-business trade show company in Ohio, Premier Expositions. After growing the company in five years from scratch into a substantial and profitable operation, he sold it in 1995 to focus on his publishing operations.

Under his leadership, Smart Business has been active in many local charities, including the United Way, Make-A-Wish Foundation and Youth Challenge, an organization providing activities for children with disabilities.

Koury has served on numerous boards, including the United Way of Greater Cleveland, The National Conference for Community and Justice and St. George Antiochian Orthodox Church. He is a member of The 50 Club of Cleveland, a prestigious group of top business leaders in Greater Cleveland. He also serves on U.S. Bank’s Northeast Ohio Advisory Board, which consults with and provides advice and feedback to the bank’s president and senior management team.

Fred’s formal education includes a business finance degree from Bowling Green State University in 1985 and graduate work at The Ohio State University.

The post Fred Koury appeared first on Smart Business Magazine.

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Thu, 29 Aug 2013 16:24:11 +0000
Fred Koury

We are excited to announce the debut of our new and exclusive knowledge sharing initiative. Smart Business and SBN Interactive have developed the Thought Leadership Council for the sole purpose to collect and distribute knowledge from our business leaders to other business leaders and create community in our publication.

How does it work? Click here to find out.

The post Thought Leadership Council appeared first on Smart Business Magazine.

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Wed, 07 Aug 2013 12:27:25 +0000
Thought Leadership Council

NEW YORK, Wed Aug 7, 2013 — Potential buyers crept back into the U.S. housing market last week as applications for mortgages edged up, even though rates resumed their ascent, data from an industry group showed on Wednesday.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 0.2 percent in the week ended Aug 2.

The gauge of loan requests for home purchases, a leading indicator of home sales, was stronger, adding 0.7 percent after falling in four of the past five weeks.

Appetite for mortgages has dropped over the summer, hurt by a surge in interest rates on the Federal Reserve’s plan to start slowing its economic stimulus later this year if the economy progresses as expected.

The Fed is currently buying $85 billion in bonds a month to keep borrowing costs low. The cheap mortgage rates have helped spur home buying and worries have emerged that higher costs could take some of the strength out of the housing market’s recovery.

The post U.S. mortgage applications rise, but so do rates: MBA appeared first on Smart Business Magazine.

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Thu, 01 Aug 2013 16:50:07 +0000
U.S. mortgage applications rise, but so do rates: MBA

NEW YORK, Thu Aug 1, 2013 — A federal judge gave final approval Thursday to a $590 million settlement by Citigroup Inc. that resolves a shareholder lawsuit accusing the bank of hiding tens of billions of dollars of toxic mortgage assets.

“Although the $590 million recovery is a fraction of the damages that might have been won at trial, it is substantial and reasonable in light of the risks faced if the action proceeded to trial,” U.S. District Judge Sidney Stein in Manhattan wrote in a 48-page opinion.

The settlement resolves claims by shareholders who purchased Citigroup shares from February 2007 to April 2008 that the New York-based bank misrepresented its exposure to securities known as collateralized debt obligations that were tied to mortgage investments.

Citigroup lost $27.68 billion in 2008. The lawsuit cited the plunge in the company’s stock price from $47.89 at the start of the fourth quarter of 2007 to $2.80 by January 2009.

The settlement was announced last August.

The post U.S. judge approves Citigroup $590 million settlement appeared first on Smart Business Magazine.

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U.S. judge approves Citigroup $590 million settlement
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