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Better times ahead
Back in the early 1980s, a co-worker of mine and his wife became first-time homeowners. They felt pretty good about getting their new house and signing a mortgage note at a whopping 18% interest rate! By today’s standards, that’s pretty unthinkable. While much time has passed since those days, we’ve had only six new presidents
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35 years of storytelling
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My favorite day every month comes when a new issue of Virginia Business lands on my desk. Each magazine tracks emerging economic trends and the ongoing evolution of business leadership in the commonwealth. But for me, the impact is much more than just a good read about important business topics. Each issue of this magazine
A moment for change
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Growing up in 1960s and ’70s Virginia, racism was always present, in forms direct and subtle. Each experience carried a message: to “know your place” and stay there. During my years as a student at Dinwiddie County High School, I remember being in the crowd when we hosted majority-Black Petersburg High School for a football
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Let’s make business cool again
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Back in my high school days, I recall longing to be one of the “cool kids.” Guys with names like Matt or Jim. This was a time of jocks and cheerleaders. I wasn’t great at sports, but I liked cheerleaders. I tried following in my older brother’s footsteps by being a yearbook photographer. Maybe I
OurView: How did it get so late so soon?
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On the subject of time, the much-beloved children’s book author Dr. Seuss once wrote, “How did it get so late so soon?” With December here, that’s an almost perfect description of 2020. How did it get so late, so soon? Most of the past 8 to 9 months have been characterized by an almost immutable
Walking around
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Back in 1982, Tom Peters and Robert Waterman Jr. co-authored a business book titled, “In Search of Excellence: Lessons from America’s Best-Run Companies.” Among many topics popularized by this bestseller was a concept called “management by walking around.” This wasn’t an entirely new idea. It was practiced in the 1970s at Hewlett-Packard and had roots
Privacy matters
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That unintended consequences come with innovation should be no surprise. Today, technology and social media are global cultural obsessions with a tremendous impact on business. Not that long ago, who would have thought a wallet-sized object like a smart phone would replace nearly every piece of office equipment — telephones, typewriters, copiers, cameras and, to
Big accomplishments
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The motto of Huntington Ingalls Industries Inc. (HII) is “Hard Stuff, Done Right.” That easily fits the work of HII, parent company of Newport News Shipbuilding, Virginia’s largest industrial employer. Its projects — including the construction of U.S. Navy submarines and aircraft carriers — are huge, require complex engineering and are vital to our national
Antitrust matters
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On a bright spring day in May 2009, I was on the campus of Hampden-Sydney College near Farmville for my son’s graduation — obviously a proud moment for any parent. U.S. Sen. Mark Warner delivered the commencement’s keynote address. During his first term as senator and one of the first times I had heard the
What’s normal?
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When things get back to normal. How many times have you heard that? How many times have you said that? What’s normal? Sometimes there’s a qualifier, like what’s the “new” normal? Who knows? If you think you do, wait and see. It’s not just the normalcy that is intoned by such nostalgic statements, it’s the