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Lilly faction seeks split of exec roles: Shareholder group wants to separate chair, CEO jobs

The shareholders think Lilly should separate its chairman and CEO roles. Sidney Taurel currently holds both jobs and the title of president. The group wants an independent chairman. It’s one of six shareholder proposals on the agenda for Lilly’s April 18 annual meeting at its headquarters. The move would address “a leadership crisis at our company” created by the lack of access to affordable medicines, according to the proposal listed in Lilly’s recently filed proxy statement. Lilly’s board disagrees and…

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EYE ON THE PIE: Do we need agriculture department?

Indiana’s General Assembly reflects Hoosier values. It wants to make us more like other states. If others have daylight-saving time, so should we. This is called progress. If others have a Department of Agriculture, so should we. This, too, is called progress. The idea that we should differentiate ourselves from others, that we should find new solutions to problems, is not examined. Let’s look at House Bill 1008, which would create an Indiana Department of Agriculture. This proposal was given…

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Smoke carries economic toll: Ban backers cite health, productivity costs

The annual cost of treating the secondhand-smoke-related illnesses of Marion County residents likely exceeds $16 million, a cost borne partly by businesses that provide their employees health insurance. Businesses also shoulder harder-to-calculate costs in the form of lost productivity and absenteeism, according to a 2002 study for the Marion County Health Department believed to be the best estimate yet of the local impact of cigarettes. But backers of the proposed City-County Council ordinance that would ban smoking in Indianapolis’ bars…

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Convention, Colts issues in play: Hospitality: Hospitality officials say delays may scare off potential clients

Hospitality officials say delays may scare off potential clients Patience is one thing. Imprudence is quite another. The Indiana Convention Center’s largest customers are keeping a keen eye trained on Indianapolis these days, hoping for a sign that state lawmakers will find a way to fund a $275 million expansion that would give them room to grow. But the lack of progress more than halfway into the legislative session has some reevaluating their options. “I’m very disappointed at how this is…

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Unifying Indiana’s IT efforts: State’s new CTO plans to centralize computing

Indiana’s state Web portal, access-Indiana, won at least a dozen awards over the last four years. It was frequently lauded as a model of modern government efficiency-robust, reliable and user-friendly. But, according to new Indiana Chief Technology Officer Karl Browning, the reality was only skin deep. Certainly, accessIndiana is the handsome public face of state information technology. But beneath the surface, there’s a tangled mess of unconnected systems, each managed independently by a separate agency. Gov. Mitch Daniels, a Republican,…

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Library project set to resume: Firms play blame game over bungled work

Steel erection for the troubled Central Library expansion is finally expected to begin next month, library officials say. But they acknowledge the start of construction on the six-story addition won’t signal they’ve finished fixing defects on the underground garage or resolved who’s to blame for them. While officials say they’re confident it’s safe to build atop the garage that will serve as the foundation for the addition, they say it will continue to undergo repairs for another year or so….

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STATEHOUSE DISPATCH: At half-time in the Statehouse, it’s politics 1, people 0

This column is typically devoted to the intersection of politics, government and business (with an occasional tortured sports analogy tossed in). We don’t usually address the higher order of the universe, but after last week, we find that we must delve into the field of metaphysics to provide you with some perspective on legislative events. March 1 marked the halfway point in the 2005 session of the Indiana General Assembly. But with more than 130 bills dying for lack of…

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GIZMOS: High-tech watch keeps information at your fingertips

The idea of a portable device to indicate the time of day is nothing new in the world of technology. Watches of various forms have been around for years. However, it’s only been in the last 30 years or so that modern technology has changed the face-literally-of telling time. Since the days of the original Pulsar LED digital watches (think red calculator digits) in the early 1970s, watch manufacturers have tried to appeal to technology’s early adopters by adding functionality…

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Differing views on smoking ban:

With the smoking ban being considered by the City-County Council, we’ve begun to hear a lot of talk about rights: smokers’ rights, non-smokers’ rights, business owners’ rights, etc. As proponents of the proposed ordinance attempt to garner increased support from the public, we constantly hear that non-smokers should have the right to breathe air free from the health risks contained in secondhand smoke. If that were truly the issue, this debate would long be over, as most smokers agree 100…

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CLOUD OF CONTROVERSY: Suburbs might follow city’s lead Backers: Tough Indy ban would sway others

The City-County Council’s handling of a proposed smoking ban has implications well beyond Indianapolis, to neighbors poised to adopt their own laws but watching the outcome in the state’s most populous city. If Indianapolis doesn’t enact a smoking ban, or adopts one that’s politically unpalatable to neighboring cities and counties, those communities might adopt a confusing variety of laws, observers on both sides of the debate say. They say a lack of uniformity could even spawn a migration of bar…

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FAMILY BUSINESS: Consider having lawyer audit your business Small doses of advice from all of the professionals you consult with can prevent serious problems in the future

Many family business owners view their lawyer as a necessary evil. It’s almost as though we carry some deadly disease; call your lawyer only when the life of your business depends on it! But just as physicians have learned to control smallpox with small doses of vac cine, administered over time, the owners of a family business can also use regular doses of lawyers and other advisers to minimize the risks of the many problems that can put your business…

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Ex-execs fly solo: Horn, Shoopman, others trade big firms for small

As president of The Dura Cos. Inc., Paul Shoopman was responsible for a 155-employee company that brought in $75 million in revenue in 2003 and built as many as 700 homes a year in Marion and the surrounding counties. Last year, Shoopman won an Ernst & Young national Entrepreneur of the Year award and sold his company to publicly traded California-based KB Home. This year, he’s starting over. Shoopman, 51, opened Indiana Land Development Co. in early January. From his…

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Mann seeks larger digs as growth strategy pays off: Busy developer eyes property for new headquarters

On Bash Street, off the beaten path from often-congested East 82nd Street, Mann Properties has quietly built a commercial real estate development business that is outgrowing its cozy quarters. The location in the developer’s secondoldest office park has served Mann well since the mid-1980s. But flanked on both sides by other companies, the space offers virtually no chance to expand, let alone any opportunity for increased visibility. So Managing Partner Brian Mann, 37, has brokered a deal to purchase 20…

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Studies: Bans don’t burn biz: Restrictions in other cities didn’t reduce overall sales, but some taverns were hurt

“My business was down 15 percent at first,” recalled Gina Scott, co-owner of the Lexington pub. Lately, she added, “It’s still down a bit. I don’t know with the ban it will ever go up to where it was.” This ban-in the heart of tobacco country-may offer a glimpse of what’s to come for Indianapolis bars and restaurants if proponents of a smoking ban prevail in the City-County Council. The proposed Indianapolis ordinance is one of the most stringent in…

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George’s role as team owner draws criticism: Some say purchase is conflict of interest

Nine years of hunting for sponsors, recruiting and trying to retain drivers, and managing costs that had nearly doubled in recent years had taken its toll. The founder of locally based Kelley Racing shuttered his Indy Racing League team at the close of last season. And with the close of Kelley Racing, a new era for the Indy Racing League opened. Founded in 1996 as an alternative to CART, the open-wheel racing series stepped into what IRL founder Tony George…

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STATEHOUSE DISPATCH: Tax talk begins to make Republican lawmakers hinky

Perhaps the most surprising aspect of this session’s first five weeks has been all the talk about imposing or raising taxes. A surfeit of Republicans ran for assorted offices last year complaining about the condition of the state budget, but pledged to bring it back into balance by attacking fraud and waste, and simply cutting more programs. Many Democrats who ran against them acknowledged budget “issues,” but suggested they could be managed and the budget would not be balanced on…

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Mission: possible: Financial crisis averted, but work remains

Humane Society of Indianapolis saved itself in 2004. Poised on the brink of financial disaster, agency leaders came up with a deceptively simple recovery plan: Spend less, raise more and borrow some to make up the difference. So far, so good. Expenses last year came in about a half-percent under budget, fund-raising revenue was up 37 percent, and the shelter didn’t use as much credit as expected. Then there was the real victory-nearly 53 percent of the 8,985 animals that…

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NOTIONS: Must we all inhale the toxic air of hypocrisy?

Here’s what I want you to do: Take your left index finger and place it on your chin. Now, slide it along your jaw up to your left ear. Now slide it straight down your neck. When you’ve reached the base, slide your finger outward, halfway to your shoulder. Now, imagine that instead of a fingertip, you employ a head-and-neck surgeon with a scalpel. And imagine that after slicing your jaw and neck, he pulls down the resulting flap of…

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EYE ON THE PIE Morton Marcus: Time for a tax strategy to boost retail

It is time to recognize the role of retail trade in economic development. Too often, we follow the notion that a community grows only because it exports. That which we mine, grow, harvest or manufacture is an acknowledged part of the economic base. It brings in dollars from outside. In some communities, we recognize tourism, medical and other specialized services as part of that export base. Just a few places see retail trade as a means of economic development. Yes,…

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Eco suit spawns flurry of litigation: Class actions hit Honeywell in wake of thermostat fight

Industrial powerhouse Honeywell International Inc. suddenly finds itself under siege by an army of aggressive class-action attorneys-all because it decided to mess with a couple of determined entrepreneurs from Lebanon. Attorneys from around the nation in recent months have filed six class action lawsuits in state courts charging New Jersey-based Honeywell used deception to obtain the trademark for its ubiquitous round thermostat, then used its lock on the round-thermostat market to overcharge customers. T h e l eg a l…

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