Archive for April 2009

Progressive Business Publications Announces Expansion of Satell International Social Entrepreneurship Program in its Second Year

PRESS RELEASE — FOR IMMEDIATE RELEASE

Contact
Regina Black Lennox
Director of Philanthropy & Corporate Citizenship
Progressive Business Publications
376 Technology Drive
Malvern, PA 19355
610-854-6246

Date - April 23, 2009

Progressive Business Publications Announces Expansion of Satell International Social Entrepreneurship Program in its Second Year

Malvern, PA - Progressive Business Publications (www.pbp.com) announced a significant increase in the number of scholarships awarded this year to students participating in an innovative business-development program targeting poverty-stricken areas in Guatemala and Ecuador.

The Satell International Social Entrepreneurship Program provides scholarships to qualified students at the University of Connecticut School of Business. The program prepares young leaders to develop practical and sustainable business initiatives for needy villagers in both countries. It was first launched at UCONN last year, in partnership with Duke, Columbia and Notre Dame Universities.

Also through the efforts of Ed Satell, founder of Progressive Business Publications, the program was expanded for the first time this year to include Franklin & Marshall College in Lancaster, PA, where eight students will earn scholarships.

Called the Social Entrepreneur Corps, the students spend an intense, eight-week internship in country, helping to identify and develop practical business models that enable villagers to create and sustain jobs.

Ross Lewin, director of the UCONN initiative, said the program “exemplifies the school’s mission to develop global citizens. Our students are not only immersing themselves in Guatemalan culture, but tangibly improving the global common good by helping to bring products and services that lower their cost of living, make their homes safer and more efficient, and even put tools in their hands to expand their own enterprises.”

Satell said he was eager to repeat last year’s success, noting that students “came back transformed, excited to communicate the real impact they had on the lives of the Guatemalans. They lived the goal of social entrepreneurship, helping society and democracy by providing a means for people to earn independence and dignity by earning an income.”

Franklin & Marshall Dean Kent Trachte said his school “looks forward to sending our first group of students to Ecuador. The program represents experiential learning at its best. Students will learn through an incredible hands-on experience while their work will benefit the people of Ecuador.”

Progressive Business Publications, a leading diversified information and executive education company, is a recognized leader in supporting valuable nonprofit efforts through its Corporate Citizenship initiatives. PBP (www.pbp.com) serves hundreds of thousands of companies, including virtually all the Fortune 1000, with its product offerings. Some of those include PBP Executive Reports (http://pbpexecutivereports.com), Progressive Business Conferences (http://www.pbconferences.com/), HRMorning (http://hrmorning.com) and Progressive Gifts and Incentives (http://pgiproducts.com).

Managers See President Obama’s Stimulus Plan Hurting Business According to Progressive Business Publications Survey

PRESS RELEASE - For Immediate Release

Contact
Rich Henson
Group Publisher
Progressive Business Publications (PBP)
376 Technology Drive
Malvern, PA 19355
610 854-6282

Date - April 9, 2009

Managers See President Obama’s Stimulus Plan Hurting Business According to Progressive Business Publications Survey

MALVERN, PA, April 9 – By a 2-to-1 margin, middle-level managers with hiring responsibilities have turned a thumbs-down to the Obama administration’s stimulus package recently passed by the Democratic-controlled Congress.

A total of 2,775 managers from a broad cross-section of industries and companies participated in the survey conducted on HRMorning.com (http://HRMorning), the daily updated information Web site sponsored by Progressive Business Publications (http://www.pbp.com). (The site is visited daily by tens of thousands of managers.)

The poll found that 32% believe the stimulus measures will hurt their industries, while just 16% said it will be helpful and beneficial for job creation.

Of the remainder, 28% said it will have no effect and 25% said they weren’t sure.

In a separate survey conducted at the time the Employee Free Choice Act (EFCA) was introduced in Congress, the verdict of HR Managers on the administration’s personnel policies was even more negative. If enacted, EFCA would scrap the secret-ballot vote for unionization efforts.

Of the 1,286 HR practitioners responding, 70% said the administration’s personnel policies would make their jobs more difficult, while only 9% said their jobs would become easier as a result. Another 21% felt the measure, if passed, would have no effect on their jobs.

Business managers casting their votes also took the opportunity to post comments on Progressive Business Publication’s HRMorning.com site, often in sarcastic tones questioning the new government measures.

Much of the ire was directed at a provision that would require companies to front 65% of COBRA costs for laid-off employees (which may be recoverable through a credit on payroll taxes).

One HR practitioner called the legislation “horrific,” while another said the recovery act would be better described as the “Re-bury” act.

“There really isn’t much here that will benefit our business,” one comment read. “If we happen to hire a veteran, we’ll take the tax credit but we have no openings right now. We don’t take out loans with the SBA. If we have a capital investment, we’ll take the deduction, but we have nothing planned for 2009. All in all, not much help to us or, I would guess, most small or mid-size businesses.”

Progressive Business Publications is a leading diversified information and executive education company that serves hundreds of thousands of companies, including virtually all the Fortune 1000, with its product offerings.