Worcester Business Journal

February 3, 2020

Issue link: https://nebusinessmedia.uberflip.com/i/1206204

Contents of this Issue

Navigation

Page 2 of 23

wbjournal.com | February 3, 2020 | Worcester Business Journal 3 Worcester Business Journal (ISSN#1063-6595) is published bi-weekly, 24x per year, including 4 special issues in May, September, October, and December by New England Business Media. 172 Shrewsbury St., Worcester, MA 01604. Periodicals postage paid at Worcester, MA. Copyright 2019. All rights reserved. Postmaster: Please send address changes to: Worcester Business Journal, PO Box 330, Congers, NY 10920-9894. Subscriptions: Annual subscriptions are available for $54.95. For more information, please email wbjournal@ cambeywest.com or contact our circulation department at 845-267-3008. Fax: 845.267.3478 Advertising: For advertising information, please call Mark Murray at 508-755-8004 ext. 227. Fax: 508-755-8860. Worcester Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Worcester Business Journal 172 Shrewsbury Street, Worcester, MA 01604 508-755-8004 tel. • 508-755-8860 fax www.wbjournal.com A division of: Worcester Business Journal WBJ Editor, Brad Kane, bkane@wbjournal.com News Editor, Grant Welker, gwelker@wbjournal.com (Higher education, health care) Staff Writer Thomas Grillo, tgrillo@wbjournal.com (Real estate, manufacturing) Contributors Susan Shalhoub, Livia Gershon, Sarah Connell Lead Researcher, Timothy Doyle, tdoyle@nebusinessmedia.com Research Assistant, Heide Martin, hmartin@nebusinessmedia.com Production Director, Kira Beaudoin, kbeaudoin@wbjournal.com Art Director, Mitchell Hayes, mhayes@wbjournal.com Senior Accounts Manager Matt Majikas, mmajikas@wbjournal.com Senior Accounts Manager Christine Juetten, cjuetten@wbjournal.com Senior Special Accounts Manager Mary Lynn Bosiak, mlbosiak@wbjournal.com Marketing & Events Manager Kris Prosser, kprosser@wbjournal.com Distribution and Database Coordinator A Guide to STUFF, a publication of New England Business Media Patty Harris, pharris@nebusinessmedia.com COO, Mary Rogers, mrogers@nebusinessmedia.com Accounting Manager, Sabrina Mondor, smondor@nebusinessmedia.com Accounting Assistant, Rae Rogers, rrogers@nebusinessmedia.com Collections Manager, Raki Zwiebel, rzwiebel@nebusinessmedia.com Human Resources, Jill Coran, jcoran@nebusinessmedia.com Director of Audience Development, Valerie Clark, vclark@nebusinessmedia.com Publisher, CEO, Peter Stanton pstanton@nebusinessmedia.com Associate Publisher, Mark Murray mmurray@wbjournal.com President, Joseph Zwiebel jzwiebel@nebusinessmedia.com M y favorite entrepreneur- ial event of the year kicked off on Jan. 17, when the Girl Scouts of Central & Western started their annual cookie sales. Aside from being an avid fan of in Mints, I love how the Girl Scouts have carved out this large annual niche in the retail economy, which the organization uses to support its mission of service, community and female empowerment. e event creates this army of young entrepreneurs, who set up folding tables and whatnot in high traffic areas, and get people to pay $5 or $6 for a box of cookies smaller than a pack of Oreos, of which I refuse to pay anything higher than the $2.50 price when they are on sale. e young Girl Scouts themselves don't actually get to keep any of the cash, as they earn rewards like free summer camp, and the proceeds are split among the varying levels of the scout organization. For the Central & Western Mass. council, cookie sales account for 60% of its annual revenue. Nationally, the average is 70%. For the first time this year, the Central & Western Mass. council held its Local Celebrity Cookie Cupboard Shi, where notable volunteers helped in the small warehouse on Century Drive in Worces- ter. I was invited to take part in one shi, which consisted of 60 minutes of me liing cases of cookies and loudly refuting anyone who dared called me a celebrity. (FYI, if you ever get called a celebrity when you clearly aren't one, it gives your spouse a lot of fodder for jokes. A LOT.) Between my organizing orders for individual Girl Scout troops and loading cars, what struck me is what a well-oiled machine the process is. Every employee of the Girl Scout council in Worcester is required to do a shi in the cookie cup- board – even CEO Pattie Hallberg – and yet it was awe-inspiring to see how these workers who don't regularly do ware- house/fulfillment work were ready for the busy hoards of parents. I worked with Monica Baldyga, director of membership; Tammy Breen, special events & project manager; and Melanie Bonsu, director of development & marketing (who all refused to take a photo with me). I enjoyed my shi more than I enjoy a I N T H I S I S S U E box of in Mints, which is saying some- thing. So few entrepreneurial ventures have the same impact and include so many young people, and I was happy to play a very, very small part. - Brad Kane, editor Helping out the Girl Scouts Bruce Mathieu Senior Vice President Business Development Officer 978.353.1331 Intelligent BUSINESS Solutions Start here! Info: ICCreditUnion.org or businessbanking@iccreditunion.com Federally Insured by NCUA Like, Friend or Follow Us Flexibility…that's what our Business Line of Credit is all about. Whether you need to make purchases for the short term, or need some cash flow, IC's Business Line of Credit keeps your business moving forward. NEWS & ANALYSIS DEPARTMENTS 5 Briefs 12 Focus on Banking & finance 16 The List: Top banks 17 Column: The Struggle is Real 18 Know How 19 Movers & Shakers 20 Photo Finish 21 Opinion 22 Shop Talk: Stephen Kerrigan, Kennedy Community Health Center 14 A decade of growth bankHometown & Fidelity Bank were M&A players, but most Central Mass. banks have grown organically. 17 Women leaders start as girls Viewpoint opinion columnist Victoria Waterman from Girls, Inc. in Worcester says the key to overcoming the gender inequality barrier is starting young. CORRECTION: The Jan. 20 story "Admissions upheaval" incorrectly included Dean College among those with larger first-year enrollment drops. As correctly noted in the accompanying chart, Dean's first- year enrollment in the past decade has grown 9%. W

Articles in this issue

Links on this page

Archives of this issue

view archives of Worcester Business Journal - February 3, 2020