COMMUNITY
BUS I NES S
EDUCATION
NEW PALTZ
REGIONAL
CHAMBER OF
COMMERCE
TOURISM
REGIONAL
REPORT
WINTER 2012
A QUARTERLY BUSINESS NEWS MAGAZINE OF THE NEW PALTZ REGIONAL CHAMBER OF COMMERCE
BEYOND THE BOTTOM LINE
IN THIS ISSUE
10
The Business of Culture
20
The Bottom Line
24
Member Profiles
Can Ethical Business Practices Equal Success? By Greg Schoenfeld
I
t seems there is no more prominent issue captivating Americans today than that of the ethical standards and practices by which our businesses are run. As more and more realms of business—both public and private—come under scrutiny, there is a burgeoning consciousness emerging, as well as a rising dissatisfaction with the status quo. A Google news search on the subject of “business ethics” will return a wellspring of current conflicts, and a consistent question arises: Where does accountability factor in to personal gain and corporate profits, and what is the true measure of success? From campaign finance reform, to former New Jersey Governor Jon Corzine’s bankrupt brokerage MF Global, there is a constant focus on whether it is indeed practical to pursue short-term gain at any cost, to the exclusion of a more principled approach. Continued on p. 12
New Paltz and the surrounding region is a unique spot in the universe, and the businesses here reflect the special culture that thrives here.
New York State raises taxes on millionaires; voting machine problems; Gov. Cuomo wants to legalize casino gambling.
Blue Stone Cottage B&B, Moxie Cupcake, Berner Financial Services, Kathode Ray Media, Inc.
257 MAIN ST. NEW PALTZ, NY 12561 P 845 255 0243 F 845 255 5189 E INFO@NEWPALTZCHAMBER.ORG WWW.NEWPALTZCHAMBER.ORG