THRIFTY BOUTIQUE LOOKING GOOD FOR LESS PAGE 4
OSF BREAKING GROUND ON NEW CENTER PAGE 19
The Voice is online at rockfordchamber.com
RHA LAUNCHES DIGITAL INCLUSION PROGRAM FOR LOWINCOME HOUSEHOLDS November 2015 | Volume 28 | No. 11
This award isn’t about any one of us. It’s more about the community.”
Rockford Chamber’s 2015
People You Should Know
— JULIE BOSMA, RAMP By Paul Anthony Arco
Doctors. Bankers. Nonprofit leaders. These were just some of the leaders recognized at the Rockford Chamber of Commerce annual People You Should Know celebration. A crowd of 330, including past honorees, turned out for the chamber’s fifth-annual event, held Oct. 22 at Prairie Street Brewhouse in downtown Rockford. “There was great energy in the room,” said Einar Forsman, president & CEO of the Rockford Chamber of Commerce.
PHOTOS BY BRIAN THOMAS PHOTOGRAPHY
The 2015 People You Should Know were celebrated with a large crowd of family, friends and supporters. “This year’s group had great diversity in their backgrounds. It’s always a humble group of people who are glad to be honored by their peers. It’s a fun event for us to host.” One of this year’s 20 honorees was Julie Bosma, executive director of RAMP. Bosma moved to Rockford as a young child, left for a few years and returned after college. She has spent two decades with RAMP, a nonprofit organization that promotes an accessible society that allows participation by people with disabilities. In addition,
Bosma volunteers for other nonprofits, including Illinois Network of Centers for Independent Living, MercyRockford Health System Ambassadors and Rockford Memorial Development Foundation board. “I really like this community,” she said. “I didn’t plan on coming back, but I’ve put down roots here. I’ve purchased homes. I’ve worked for the same organization for 23 years. What makes me passionate is what we do to help people move forward. It’s about helping people overcome their Continued on page 14
The business case for trust
In October, the Rockford Housing Authority and City of Rockford launched ConnectHome to give children and families in HUDassisted housing access to highspeed Internet. The pilot program aims to accelerate broadband adoption and address barriers to access, including the costs associated with high-speed service. Three in four Americans now use broadband at home. “At RHA, we are excited to join this game-changing initiative to help connect Rockford families with lowcost broadband service at home,” said Ron Clewer, CEO at RHA. ConnectHome was launched in July 2015 in conjunction with the Obama Administration, the U.S. Department of Housing and Urban Development (HUD), nonprofits EveryoneOn and U.S. Ignite, and local and national stakeholders. Visit www.everyoneon.org/connecthome, connecthome.hud.gov or follow #ConnectHome.
MARK YOUR CALENDAR!
Healthcare Industry Update Luncheon
Nov. 18 • Radisson Conference Center SPONSORED BY For more info, see page 34
CHANGES IN PER DIEM RATES
We’ve always known trust matters; now we know share price depends on it. By Stephen M. R. Covey
Visit us online at: rockfordchamber.com ■ online registration ■ keynote speaker video clips ■ event photos ■ list of Chamber events Questions? 815-987-8100
Join the Chamber’s LinkedIn Group
Almost everywhere we turn, trust is on the decline. We find low trust in our society at large, in our institutions and in our companies. Research shows that only 51 percent of employees trust senior management, and only 28 percent believe CEOs are a credible source of information. This compels us to ask two questions. First, is there a measurable cost to low trust? Second, is there a tangible benefit to high trust? Few argue with the notion of trust. Everybody is in favor of it and nobody is against it. But at the end of the day, many CEOs don’t really believe that internal organizational trust is directly connected to their company’s bottom line. Instead, they believe that trust is merely a soft, nice-to-have, “social virtue.” An increasing number of CEOs,
however, are convinced that this socalled “soft” trust factor is, in reality, a “hard-edged economic driver.” From an abundance of research, consider just four studies: 1. A 2002 study by Watson Wyatt surveying 12,750 workers across all industries showed that high-trust organizations had a total return to shareholders (stock price plus dividends) that was 286 percent higher than low-trust organizations. 2. A 2005 study by Russell Investment Group showed that Fortune magazine’s “100 Best Companies to Work For” (in which trust comprises 60 percent of the criteria and is the “primary defining characteristic”) earned over four times the returns of the broader market over the prior seven years. 3. FranklinCovey’s Execution Continued on page 3
The IRS increased the per diem rates for business travel, effective Oct. 1, 2015. Under the high-low method, the per diem rate for all high-cost areas in the continental United States is $259 for post-Sept. 30, 2014 travel ($194 for lodging; $65 for meals and incidental expenses). For all other areas in the continental United States, the per diem rate is $172 for post-Sept. 30, 2014 travel ($120 for lodging; $52 for meals and incidental expenses). Transportation costs between places of lodging or business, and places where meals are taken; and mailing costs of filing travel vouchers and paying employersponsored charge card billings are no longer included in incidental expenses.