Contributors
Founder and Chair – LMFC
Vice Chair – LMFC
President and CEO – LMFC
President & CEO – The Bank of Holland
SVP of Shared Services - LMFC

Hear from the founder of Lake Michigan Financial Corporation, Rich Lievense, and his insight on what this blog encompasses.

The problems with Greece and it’s international debt have been in the news lately. It is a significant and complex problem with significant implications for the European and world economy. The European markets are key players in the world economy and financial market.  Events affecting those markets will affect our market and if taken together, they equal the United States in scale and size. The attached article puts the size and inter-relatedness of this issue into perspective.

 

In difficult times, it is natural to focus on the challenges and problems facing our businesses.  It is important to remember that our good people are now even more important to our long term success.  This article describes practical suggestions to get the best performance from our people. In difficult times, it is natural to focus on the challenges and problems facing our businesses. It is important to remember that our good people are now even more important to our long term success. This article describes practical suggestions to get the best performance from our people.

Read more article: Engaging the "Pole Vaulters" on Your Staff compliments of the Harvard Business Review.

We are all seeing early signs of a potential housing recovery. House prices have stabilized and purchase volume seems to be slowly improving. Robert Shiller is an expert on the national housing market and outlines some things for you to consider if your business is directly or indirectly related to this important segment of our economy. 
 

Structural unemployment is a significant issue in the United States. Europe has had this problem for years and it has a profound impact on their businesses, economies, and social systems. While a bit pessimistic about our future prospects, this article provides a thoughtful review of the important implications of the current high unemployment rate. It also helps us think about the opportunities available to us and to future generations.

Read more article: How a New Jobless Era will Transform America courtesy of the Atlantic.

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