USC HomepageUSC Homepage
USC Homepage

Moore School Web Site | Division of Research | Publications of the Institute of Applied Research | B&E Review | B&E Review, Volume 51 | Vol. 51, No. 1




 

Editor's Desk

Workplace Wellness

In the early 1970s, executive fitness programs were introduced at U.S. workplaces to keep top management teams fit. As the benefits of such programs became clear, health promotion programs were expanded to include companies’ entire workforces, and moved beyond fitness to “wellness.”

Today, “more than 81 percent of U.S. businesses with 50 or more employees have some form of health promotion program.” And it’s a good thing, because American workers are not the world’s healthiest. Obesity is fast becoming America’s biggest health problem, and stress can be a killer.

Our cover story tells you why workplace wellness programs work. If your company doesn’t already have one in place, our article has some excellent tips on how to start one.

Then, is your city, county, or state trying to lure new business or industry to your neck of the woods? If so, Jim Friar, Economic Development Director in Dorchester County, South Carolina, has some good advice—namely, that discreetness and even secrecy are the order of the day. “When considering economic development,” writes Friar, “confidentiality may or may not come to mind as an immediate concern, but there are reasons to make it a priority.”

Next, if you’re seeking investors for your business, you’ll enjoy reading Peter Meyer’s article, “Buying Money for Your Business.” Meyer, a California management consultant who is a Contributing Editor to Business & Economic Review, says there are three types of money “suppliers”: private investors, corporations, and your customers. The question, says Meyer, is not who will give you cash. It is “with whom . . . you want to do business . . . and what you will trade to get that funding.”
 

 

Finally, South Carolina is famous for its large number of military bases scattered all over the state. (You may recall the wry comment years ago from one U.S. congressman that if then-Rep. Mendel Rivers of Charleston succeeded in putting one more military base in the state, it would sink into the sea.) Dr. Donald L. Schunk, assistant professor of economics at the Moore School, has done a study of these bases and their economic impact on the state. The impact, he determined, is huge. Take a look at the article and accompanying tables and see for yourself.

Our regular columns cover issues to consider when you’re designing a Web site, understanding work styles in the office, the advantages of family meetings when putting together estate plans, and suggestions from the South Carolina Department of Insurance to help those without health insurance get it.

Our popular Environmental Update, Quarterly Outlook, and Trends columns are also yours for the taking as we welcome the beautiful autumn season. o

AACSB Accredited • Columbia, SC 29208 • info@moore.sc.edu © 2008 University of South Carolina Board of Trustees