I am in front of the computer for a good portion of everyday, which means that information on everything from sports (fantasy football is just around the corner - don't get me started on my playoff flameout last year) to business is only a click or two away. But I get tired of staring at the screen all day, so I make a habit of keeping up-to-date on business news and trends the old fashioned way - by reading the newspaper. My two papers of choice are the venerable Wall Street Journal and the Indianapolis Business Journal.
Keeping up with what's going on in the business community is essential for anyone - prospective and current students, professors, working professionals, even career counselors - associated with the Kelley School of Business. And there is no better (or easier) way to keep current than by regularly picking up a copy of the WSJ or IBJ (or by checking out their respective websites if you can't stand getting a little ink on your hands).
Plus, you get some insight into some incredibly interesting (if a little disturbing) local business news. Check out these two stories that have unfolded in our fair city over the past month (excerpts from the IBJ) - both of them read like poorly written Lifetime miniseries:
1) Affairs likely behind ouster: WellPoint CFO's private life exposed by lawsuit, movie-rights deal.
J.K. Wall - jwall@ibj.com
In this era of hyper-scrutiny of corporate ethics, even messy personal lives can fell the career of a "well-loved and well-respected" executive. Such appears to be the case with David C. Colby, whom WellPoint Inc. forced to resign as its vice chairman and chief financial officer on May 30 for violating the company's code of conduct in a "non-business" way.
Details seeping out since then suggest Colby was maintaining extramarital affairs, at least one of which had overlapped with his work life and was on the cusp of bursting into public view.
One woman in California was living in a house he owns and using his last name. Another woman in Indianapolis was doing the same. Colby, 53, is married but has had a divorce pending for three years. Go to www.ibj.com and seach the title for the complete article
2) Fight puts print firm on spot: Harding Poorman Group plans changes after incident between CEO, secretary
Cory Schouten - cschouten@ibj.com
A local printing powerhouse is trying to regain the confidence of its employees and customers after the CEO and his secretary were involved in a profanity-laced physical altercation at work.
Interviews with the involved parties and a police report seem to agree on several points:
Cries of "Help!" and "Call 911" came from the office of Harding Poorman Group CEO David Harding on the afternoon of May 18. The screaming was Harding's secretary of two years, Susan Blair. The pair had argued in the office before, but this time it turned physical.
Hearing the screams, fellow employees rushed to the CEO's locked door. One employee went outside and, looking through a window, saw Harding standing over Blair, holding her down. He was trying to retrieve his cell phone, which she had hidden in her pants. Go to www.ibj.com and seach the title for the complete article
