Friday, December 23, 2011
Thursday, December 22, 2011
Wednesday, January 18: GAF with Attorney General Martha Coakley
Location: InterContinental Boston
Register here !
Thursday, January 26: Pinnacle Awards Luncheon
Location: Boston Marriott Copley Place
Wednesday, February 1: AJ Gerritson, Founding Partner, 451 Marketing
Location: Metro Meeting Centers
Please visit our Calendar of Events page, for more!
Monday, December 19, 2011
DOWNLOAD MEEKER FORUM AUDIO
Sunday, December 18, 2011
In the Briefing Room, Jorge Moran, Chief Executive Officer of Sovereign Bank, joined to discuss the bank's merger with parent company Banco Santander and their rebranding in the region. He also discussed the impact of European turmoil on the bank.
On the Business Beat, NECN business reporter Peter Howe joined the Governor's gaming chief pick, the continued Foxboro casino debate, the state's job numbers for November, and job cuts at Sun Life Financial.
Friday, December 16, 2011
What do you like most about your job?
The diversity of the role, includingworking with clients, managing a large business, motivating people, and driving business results.
Who do you admire in the business world?
I really admire the scrappiness and resourcefulness of entrepreneurs. They are required to continually think creatively, while in the corporate world, we many times get stuck in a process barrier trying to innovate.
If you could have any job in Boston, other than your own, what would it be and why?
A leading role at the Kennedy School to influence global public policy.
What is the best piece of career advice you have ever received?
Focus on results, then find the right sponsors in the organization who will highlight your success with others and support your growth in the organization. Also, "be like a duck"...appear calm on the surface, while paddling hard to move ahead.
How do you like to unwind after a long day?
Walk the dog with my husband and talk about anything, then read a book with my kids.
What reading material is on your nightstand?
" Onward" by Howard Schultz.
Department of Revenue Reform - Massachusetts’ FY’12 budget, signed into law in July, included several important business tax reforms proposed by the Chamber. The enactment of these proposals builds on the Chamber’s 2010 legislative accomplishments including increasing the state’s net operating loss (NOL) carry-forward period and creating a new “3 in 3” incentive to encourage investment in Massachusetts-based start-ups.
Summary of Business Tax Reforms
- Audit Cycle Length: Shortening the tax audit cycle by waiving certain penalties charged to businesses if the state takes more than 18 months to perform an audit – providing an incentive for the state to speed up the audit process which can be quite lengthy and costly for businesses.
- Statute of Limitation Parity: Establishing the same statute of limitations for assessments and refunds – addressing an unfair rule that currently exists in which businesses have a shorter period in which to amend a return than the state does to assess a return.
- Tax Policy Development: Requiring the state to post quarterly online reports on tax policies before it takes any action on them – giving taxpayers an opportunity to vet proposed tax policies and provide input before the policies are finalized.
Municipal Health Insurance Reform - The FY'12 state budget included a Chamber-supported compromise agreed upon by the Legislature and the Administration on municipal health care reform. This provision of the budget achieves fair and meaningful reform by providing a framework for municipalities to make cost-saving changes to their health plans. The Chamber worked with other business groups to advance this important reform. This measure will result in significant savings to cities and towns while preserving local services, protecting municipal jobs, and maintaining municipal health benefits at least equal to state employee health benefits.
Casino Gaming - Last month, Governor Patrick signed into law Chamber supported legislation to expand casino gaming in Massachusetts by permitting three casinos and one slots-only casino. The Chamber’s support is driven by the job creation, economic development, and capital investment opportunities that casino gaming brings to our state.
Mass unemployment down, Genzyme’s commitment to the region, and Congress’ elimination of per-country caps, "On the Record"
Thursday, December 15, 2011
- State added 5,000 jobs last month, bringing the year-to-date job growth total to 51,600. State posted 1.7% job growth in the last 12 months, outpacing the U.S. rate of 1.2%.
- State unemployment fell three-tenths of a point to 7.0%, posting its lowest monthly rate since December 2008 and remaining well below the U.S. rate of 8.6%.
- Four of 12 regions added jobs last month, led by the addition of 5,800 jobs in the Greater Boston region. All 12 regions added jobs year-over-year with the strongest growth in the Greater Pittsfield and Worcester regions.
- Leisure & Hospitality (+4,300) posted the largest monthly private sector job gain at the state level, followed by Trade, Transportation & Utilities (+3,000) and Education & Health Services (+900).
Wednesday, December 14, 2011
View photos from today's event.
View media coverage:
- Boston Globe: Genzyme CEO: Company's new French parent remains committed to Mass.
- Boston Herald: CEO says Genzyme ready to roll
Thank you to Weber Shandwick for sponsoring this event.
Footage from Mayor Menino's recent address to the Chamber is now available on Comcast On Demand. View a highlight video above.
- Lifetime Achievement: Professor Rosabeth Moss Kanter, Professor, Harvard Business School;
- Achievement in Entrepreneurship: Suzanne Bates, Chief Executive Officer, Bates Communications, Inc.;
- Achievement in Management, Private: Marcy L. Reed, President, Massachusetts, National Grid;
- Achievement in Management, Government: Carmen M. Ortiz, United States Attorney, District of Massachusetts;
- Achievement in Management, Non-Profit: Mary Jo Meisner, Vice President for Communications, Community Relations and Public Affairs, The Boston Foundation;
- Achievement in the Professions: Joan W. Miller, M.D., Henry Willard Williams Professor of Ophthalmology & Chair, Department of Ophthalmology, Harvard Medical School; Chief of Ophthalmology, Massachusetts Eye and Ear Infirmary and Massachusetts General Hospital;
- Excellence in Arts & Education: Helen G. Drinan, President, Simmons College; and
- Emerging Executive: Michelle Shell, CFA, Vice President, Institutional Solutions, Fidelity Asset Management.
Monday, December 12, 2011
David Meeker, newly appointed chief executive officer of Genzyme Corporation, one of the world’s leading biotechnology companies, will be speaking at a Chamber Innovation Forum on Wednesday, December 14th.
Where: Boston Harbor Hotel
When: Wednesday, Dec. 14th
7:45am Registration & Networking
To see photos from the most recent Innovation Forum, click here!
Thanks to our sponsors, Weber Shandwick!
Sunday, December 11, 2011
In the Briefing Room, the editors are back to reflect on their favorite business stories from 2011 and make predictions of what's to come in 2012.
On the Business Beat, NECN business reporter Peter Howe weighs in on Occupy Boston developments, Governor Patrick's trade trip to Brazil, developments in the Euro debt crisis, and a job swap for Terry Francona and Bobby Valentine.
Friday, December 9, 2011
Thursday, December 8, 2011
With over 500 guests in attendance last night, the Chamber's Annual Holiday Reception at the State Room Boston was a great success! We are so happy you could all join us to celebrate the holiday season.
Tuesday, December 6, 2011
View images from today's event.
View media coverage of today's event below:
- Boston Globe: Mayor Menino pushes to jump start waterfront projects in East Boston
- Boston Globe: Menino to boost water transit
- Boston Herald: Menino to hot-wire Eastie harbor projects
- Boston Herald: Menino scoffts at Foxboro casino plan
- Boston Herald: Menino knocks Occupy
- Boston Business Journal: On East Boston, right idea, wrong financing scheme
- State House News: Menino describes Suffolk Downs as 'perfect location' for casino
- State House News: Boston Mayor Thomas Menino says 'Occupy' protesters should be targeting Congress
Thank you to Bank of America for sponsoring this event!
Sunday, December 4, 2011
In the Briefing Room, Jon Sorenson, Managing Partner of Competitive Energy Services, joined to discuss the United States' recent status as a "net exporter" of fuel. He also talked about other important energy issues.
On the Business Beat, NECN business reporter Peter Howe weighed in on American Airlines' bankruptcy filing, US Representative Barney Frank's announcement that he will not seek reelection, a tentative NBA deal, and new Red Sox management.
Friday, December 2, 2011
Job Outlook: Nearly half of companies expect job growth
49% of respondents expected moderate or substantial job growth for their own companies over the next six months, while a nearly equal number (48%) expected no change in jobs, and only 3% expected moderate or substantial job loss. This is in sharp contrast to 2009 survey results in which the percentage of respondents expecting job loss outweighed those expecting job gains by a margin of 36% to 20%.
The Chamber is very encouraged by the steadily improving outlook that many member companies have for their companies’ anticipated job growth. This improvement has tracked closely with the overall regional economic recovery and we hope will bode well for sustaining this recovery in the months to come. On behalf of its members, the Chamber continues to work for policies and legislation designed to improve Massachusetts’ economic competitiveness and spur hiring, investment, and expansion across industries.
Vice President of Government Relations and Counsel, ML Strategies, LLC
Associate, Mintz Levin
George is admitted to practice in Massachusetts. He received his B.A. in Political Science and Communications, cum laude, from Boston College and his J.D., cum laude, as a Trustee Merit Scholar from Suffolk University Law School’s Evening Division.
George is Vice President of Government Relations and Counsel at ML Strategies, and an associate at Mintz Levin. As a Massachusetts lobbyist, George closely monitors legislative, policy, and political issues at the state and local levels, and he helps clients develop and implement advocacy plans. George also focuses his practice on the Massachusetts laws related to lobbying, ethics and campaign finance, particularly as they apply to state government affairs activity.
What do you like most about your job?
I like the fact that no two days are ever the same. I get to help clients from a broad spectrum of industries navigate government and politics, which is a landscape that is always changing.
Who do you admire in the business world?
The late Mr. Richard Mintz. He worked tirelessly on behalf of his clients but his most admirable quality to me was that he took the time to connect with people on a very personal level.
If you could have any job in Boston, besides your own, what would it be and why?
Tom Brady can never have too many Wide Receiver options, right?
Where do you see yourself in 10 years?
Still in the government relations and lobbying industry—with a big foot in compliance. Isolated incidents of political corruption and changes to lobbying laws will challenge the industry to make positive changes, and I think that government relations compliance officers will lead the effort in the years ahead.
Favorite place or way to unwind after a long day?I’m a runner and I find it to be a great way to unwind. I sometimes escape from the office for a run to Castle Island.
What reading material is on your nightstand right now?
Moneyball: The Art of Winning an Unfair Game by Michael Lewis. The Big Short was my first Lewis book. I loved it and have been trying to catch up on all his works since.
Download an application for our 2012 Boston's Future Leaders class.
"Q. What is the most important role that the Chamber serves today, in your view?
A. The Chamber has made a top priority of developing and connecting the next generation of leaders. Strong leadership is vital to drive economic growth, build a more inclusive community, and ultimately make Greater Boston a better place to live and work. Through the Chamber Leadership Initiative, the Chamber has embraced the mission of developing leadership in the Greater Boston region, instituting leadership programs designed to provide our members with the skills needed to be effective leaders in the 21st century.
Q. How specifically is the Chamber helping to represent or further the interests of small businesses in the Boston area?
A. We recognize the importance of small business and provide the following opportunities to the Chamber’s small business members:
- Public policy advocacy focused on health care reform, business tax reform, and energy efficiency tax credits – issues that impact all businesses but are particularly significant for small business
- Free programs and events – each month the Chamber offers one free program for our budget-conscience members
- Business Showcase – this annual event provides the opportunity for our small business members to showcase their products or services
- Small Business of the Year Awards –this annual program highlights and honors the innovative small businesses of our region"
Thursday, December 1, 2011
As Chair of the Women’s Network Advisory Board, Acworth will lead a diverse body of senior women from the Chamber’s board of directors and membership, who shape the direction and development of the Women’s Network programs and serve as ambassadors for the program to the community.
The Chamber’s Women’s Network was created in 1994 to connect women of all career levels, strengthen their professional networks, and engage them in the Greater Boston business community. It has sought to achieve this mission through a broad range of activities including prominent speaker programs, receptions and roundtables that focus on current issues impacting women, and its annual Pinnacle awards honoring excellence among business and professional women (the 2012 Pinnacle Awards will take place on January 26 – click here for more information).
Acworth, a longtime supporter of the Women’s Network, has been with Salem Five since 2008 and has overseen a comprehensive brand repositioning campaign for the bank. She also oversees the Salem Five Charitable Foundation, and has been the driver for a strong strategic focus on supporting financial literacy, workforce development and economic self-sufficiency in the communities the bank serves. Prior to joining Salem Five, Acworth was with KeyCorp, a $90 billion financial services firm out of Cleveland Ohio, from 1999 through 2008.
“We are delighted to have someone of Martha’s talents and caliber leading our Women’s Network Advisory Board,” said Paul Guzzi, President and CEO of the Chamber. “She will bring energy, experience, and passion to this important group of leaders. We are also deeply appreciative of Penni Conner’s outstanding service as chair and look forward to her continued engagement with the Women’s Network.”
View photography from today's event.
The Chamber would like to thank PwC for sponsoring this forum.
REGISTER NOW for the Chamber's upcoming Government Affairs Forum with Mayor Thomas Menino of the City of Boston.
Thomas M. Menino is serving his fifth term as Mayor of the City of Boston, and has worked hard to improve the quality of life for all of Boston's 620,000 residents during his tenure. At the core of his fifth term agenda are initiatives to transform public education to create quality learning opportunities for all youth, reinvigorate underdeveloped areas of the city to establish a sustainable and shared innovation economy, capitalize on Boston’s entrepreneurial spirit to produce a new wave of municipal innovation, and bring the city closer together across diverse backgrounds.
Tuesday, December 6, 2011
7:45 a.m. Registration & Networking
Fairmont Copley Plaza Hotel
Tuesday, November 29, 2011
Massachusetts UI costs have long been among the very highest in the nation. Legislation is needed to avert a 31% premium spike or $220 average per employee rate increase in 2012, resulting from a UI rate increase from Schedule E to G that would be triggered under current law. Such a move which would substantially further the state’s cost disadvantage. By freezing UI rates at schedule E, Massachusetts can limit the average 2012 UI tax increase per employee and ensure that employers pay $529M less in UI taxes than they would have otherwise.
In response to advocacy by the Chamber and other leading business groups, the Legislature and Governor froze 2011 rates, delivering nearly $400M in savings to Massachusetts employers this year. Current economic forecasts and Trust Fund projections suggest that Massachusetts can afford to take similar action in the coming months – continuing to freeze rates at Schedule E in 2012 – without jeopardizing fund solvency or beneficiary payments. Doing so would provide immediate cost relief to Massachusetts employers at a time when such funds could be put to better use for hiring, construction, R&D, sales, and other business activities that will help to rebuild the state's economy. The Chamber will continue working, in collaboration with other business groups, to secure UI rate relief legislation in Q1 of 2012.
Wednesday, November 23, 2011
Don't miss the opportunity to hear from Sheriff Andrea J. Cabral, Esq. who is the 30th Sheriff of Suffolk County and the first female sheriff in Massachusetts’ history.
Date: Thursday, December 1
Time: 7:45 a.m. Registration & Networking
8:10 - 9:15 a.m. Program
Location: Fairmont Copley Plaza Hotel
REGISTER FOR THIS EVENT HERE!
See photos from our last Women's Network event with Barbara Reilly, here!
Tuesday, November 22, 2011
The anticipated benefits of this bill include driving regional investment and spinoff economic activity, creating jobs at a variety of wage and skill levels, and helping to close state and local budget gaps. In addition, the bill provides funding and regulatory provisions designed to mitigate the unintended social consequences often associated with gaming. The Chamber will continue to support the efforts of government and industry leaders to ensure that the state realizes the economic benefits associated with a measured and thoughtful expansion of casino gaming.
Read more details at State House News.
Monday, November 21, 2011
This is brought to you by our media partner WBUR 90.9FM.
In the Briefing Room, David Mackey, the interim CEO of Massport, joins to discuss Logan Airport’s terminal changes, the future of Worcester Airport, and the all-time record high 30 million passengers.
On the Business Beat, NECN business reporter Peter Howe addressed updates on the Occupy movement, the Supreme Court’s decision to consider the President’s healthcare law, the Governor’s trade trip to Chile and Brazil, and thoughts on the future of the NBA season.
Sunday, November 20, 2011
The House and the Senate are currently working on their own payment reform bills; the Governor filed a bill earlier this year. The Chamber is continuing to work with leaders in the business, health care and government sectors for a bill that shifts health care payments away from the costly fee-for-service model towards bundled or global payments. Such payments enhance the coordination of health care services across multiple providers, and create incentives to deliver care more efficiently. Payment reform legislation should also include measures such as mandate reform that can make health care more affordable for small businesses and individuals buying coverage in Massachusetts.
Friday, November 18, 2011
Thursday, November 17, 2011
Yesterday morning, Barbara Reilly of Arnold Worldwide spoke at a Women's Network Breakfast. Barbara Reilly gave seven steps of advice to the women in the audience, including the need for them to stop attempting to "balance" their home lives and their work lives, and instead to think of them as different pillars on which their life stands. To a very receptive audience, Barbara Reilly explained her journey to the top of her career, and the marketing world in which she works.
Check out more pictures from the event, HERE!
Don't miss the next Women's Network Breakfast featuring Sheriff Andrea Cabral of Suffolk County. It will be held December 1st at the Fairmont Copley Plaza Hotel. Registration and networking begins at 7:45am, the program begins at 8:10am.
- State added 10,800 jobs last month, bringing year-to-date job growth total to 45,500. State posted 1.6% job growth last 12 months, outpacing the U.S. rate of 1.2%.
- State unemployment remained at 7.3%, posting its lowest monthly rate since January 2009 and remaining well below the U.S. rate of 9.0%.
- Six of 12 regions added jobs last month, led by the addition of 3,300 jobs in the Cape Cod region. 11 of 12 regions added jobs year-over-year with strongest growth in the Greater Pittsfield, Merrimack Valley, and Worcester regions.
- Education & Health Services (+4,700) posted largest monthly private sector job gain at the state level, followed by Financial Activities (+1,900) and Construction (+1,700).
“The Chamber has been a consistent supporter of the gaming bill, motivated primarily by the prospect it brings of creating new jobs in Massachusetts,” said Paul Guzzi, President and CEO of the Chamber. “We applaud the Legislature for passing this legislation, which will also drive regional investment and spinoff activity while helping to close state and local budget gaps. In addition, we are pleased that the bill includes provisions to mitigate the unintended social consequences often associated with gaming.
The Chamber’s support for expanded gaming in Massachusetts has been informed by extensive research, highlighted by its March 2008 independent study Casino Gaming in Massachusetts: An Economic, Fiscal & Social Analysis. Based on these findings and related research, the Chamber has used the following criteria to evaluate proposals to expand gaming in the Commonwealth:
- Job creation – promoting immediate job preservation and longer-term job creation;
- Revenue maximization – generating substantial short- and long-term licensing fees and gaming tax revenue to the state;
- Tourism impact – capitalizing on the state’s existing visitor base while providing economic stimulus and revitalization to regions across the state; and
- Social impact – mitigating and helping to address the unintended social consequences often associated with expanded gaming.
Tuesday, November 15, 2011
Sunday, November 13, 2011
The editors are back in the Briefing Room to discuss Facebook founder Mark Zuckerberg's return to Boston and to share stories that their own papers are focuing on.
On the Business Beat, Paul and Peter weigh in on the banking crisis in Europe, Occupy Boston fatigue, and the recent presidential candidates debate.