Founder and Chair – LMFC
Vice Chair – LMFC
President and CEO – The Bank of Northern Michigan
SVP of Shared Services - LMFC
Senior Vice President, Traverse City Market Manager

Hear from the founder of Lake Michigan Financial Corporation, Rich Lievense, and his insight on what this blog encompasses.

In difficult times, it is natural to focus on the challenges and problems facing our businesses. It is important to remember that our good people are now even more important to our long term success. This article describes practical suggestions to get the best performance from our people.

Read more article: Engaging the "Pole Vaulters" on Your Staff compliments of the Harvard Business Review.

We are all seeing early signs of a potential housing recovery. House prices have stabilized and purchase volume seems to be slowly improving. Robert Shiller is an expert on the national housing market and outlines some things for you to consider if your business is directly or indirectly related to this important segment of our economy. 

Structural unemployment is a significant issue in the United States. Europe has had this problem for years and it has a profound impact on their businesses, economies, and social systems. While a bit pessimistic about our future prospects, this article provides a thoughtful review of the important implications of the current high unemployment rate. It also helps us think about the opportunities available to us and to future generations.

With the involvement of the Federal Government in our national credit and financial markets, Timothy Geithner has had more than his share of publicity (good and bad). If you are interested in a complete his personal background and a review of his work on the financial crisis, this article provides a balanced summary. 

Read more article: Inside Man from the Atlantic.

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