ABD Extra

ABD Extra

Businesses want an educated, skilled workforce and education is the answer

Events touting education, partnerships between business and educational institutions, and how they prepare local residents for highly skilled in-demand careers stood center stage last week in Augusta. Three events, the signing of a Memorandum of Understanding between Augusta University and the Savannah River Nuclear Lab, A.R. Johnson High School students getting hands-on education in cancer research and a new format for the dual enrollment program between Augusta University and the Columbia County School District will all impact workforce development and how education is the silver bullet to make this area

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Simon Says: Connection between innovation and higher education?

In 2015, according to the latest year data available, there were 10 utility patents granted that originated in Richmond County. A recent study by Michael Andrews (https://www.aeaweb.org/articles?id=10.1257/pol.20200320), examines the role of higher education institutions, such as Augusta University and Georgia Tech, in local invention. Higher education institutions may affect invention directly by conducting research or indirectly by driving population growth. Ideally, to understand the role of higher education on economic development and innovation, we would want to randomly assign universities to locations and measure innovation and economic activity before and

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Mondays with Rick: Employee Retention–It’s All About Your Culture

“Culture eats strategy for breakfast.” That quote from a famed management expert, Peter Drucker, is familiar to any of us who have studied how to lead modern organizations. Drucker’s quote implies that your company’s culture is what determines your firm’s success, regardless of how effective your strategy may be. However, I take issue with that interpretation. What I believe Drucker meant is that in order for a company’s strategy to be successful, it must have a company culture that allows it to execute the strategy appropriately. The bottom line is

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Real estate development in a growing area

Nancy Powell, owner of Powell & Associates, Inc., sits down with Augusta Business Daily publisher, Neil Gordon to discuss the CSRA’s growing real estate market. Powell says that when comparing prices, newly built homes might actually be a less expensive alternative. Those interested in learning more about real estate can visit Nancy Powell’s website at https://www.powellpropertypros.com.

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Economic Update: Thanking the next generation

Just as Dana Lynn discussed in our top story this week, Coach Dave Holdeman from The Alternative Board of the CSRA and Augusta Business Daily publisher, Neil Gordon talk about programs that will not only bring jobs, but could provide vital treatment options for cancer in the future. Be sure to get to know the details on all this and more in the latest economic update.

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ABD Extra

Economic Update: Thanking the next generation

Just as Dana Lynn discussed in our top story this week, Coach Dave Holdeman from The Alternative Board of the CSRA and Augusta Business Daily publisher, Neil Gordon talk about programs that will not only bring jobs, but could provide vital treatment options for cancer in the future. Be sure to get to know the details on all this and more in the latest economic update.

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Georgia Business Minute: Turning lemons into lemonade

It’s just what you need on a Georgia summer day! The state recently passed a law that would exempt minors from needing to access a permit to set up a lemonade stand, as long as they make under $5,000. Mike Petchenik reports from Atlanta on that and other stories in this week’s Georgia Business Minute.

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Economic Update: “Feeling Good”

We knew that you would! Join Coach Dave Holdeman from The Alternative Board of the CSRA and Augusta Business Daily publisher, Neil Gordon to recap the week that was. They discuss a bill Governor Brian Kemp signed in Augusta that will assist in creating a reimagined James Brown Arena, providing new jobs and bringing big names to the CSRA. Be the first to get the scoop on all this and more in the latest economic update!

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Nutritional Resources Inc. and Ovation Foods Announce Strategic Partnership

Nutritional Resources Inc. dba HealthWise, a Grovetown, Georgia creator of meal replacements and high protein nutritional foods announced a strategic and financial partnership with Ovation Foods Inc. based in Waterloo, Wisconsin in a press release April 27. In a statement released by Nutritional Resources Inc., the company said that it finds Ovation Foods Inc. to hold similar values. “For almost 30 years, Nutritional Resources has been committed to providing healthcare professionals with the highest quality, greatest tasting, and affordable nutritional products to help their patients reclaim their passion for life.

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Mondays with Rick: Innovation is a necessity for a successful business

Dr. Rick Franza, Professor of Management at the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he talks about the reasons why a business must always keep innovating to stay successful. The interview has been edited for clarity and impact. ABD: There’s a quote about innovation, attributed in some form to several people, that says, “If you stop growing, you start dying.” Why is innovation so important? Rick: The analogy I always use is if you’re going the speed limit on

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