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How Emotional Intelligence Creates Effective Leaders
By Maurine Patten
Research indicates that Emotional Intelligence (E.I.) – how we handle ourselves and our relationships – can determine success more than I.Q. In fact, E.I. may determine as much as 80% of a person's life success. Cognitive ability or what we call I.Q. is only about 20%. Quality leadership training is a combination of E.I. and cognitive ability.
More specifically, Daniel Goleman (along with two E.I. researchers: Richard Boyatzis and Annie McKee) explains the role of E.I. in leadership in Primal Leadership, Realizing the Power of Emotional Intelligence (2002). They found the most effective leadership and management styles work through emotions which evolve from the limbic system in the brain.
The limbic system is responsible for sending information to the prefrontal lobes for analysis and decisions. This system is an open-loop design which means other people can and do change our physiology by altering our hormone levels, cardiovascular function, sleep rhythms and immune function. A leader's primary task is to drive emotions in a direction which has positive impact on motivation, strategy and productivity.
Since emotions are at the heart of effective leadership, the key to being an effective leader lies in learning to handle yourself and your relationships in a positive manner. Emotional Intelligence competencies include:
• Self-awareness
• Self-management
• Social awareness – empathy
• Relationship management
Important new research clearly indicates that we rely on connections with others for our emotional stability and motivation. Who is the most likely person employees will be watching? The leader of a group has the strongest impact because people take emotional cues from the top which ripple throughout the organization's emotional climate. In addition, it is not just what another does but how it is done that registers in our limbic system.
Our emotions automatically shift to match the person we are with, even if the contact is nonverbal. This is called "entrainment" and can take place in a couple of minutes in some situations. The more cohesive the group, the more likely moods will be shared – positive or negative.
A Yale study on moods found that moods influence how effectively people work. A primary factor in how well an organization functions depends on how the leaders manage their moods. We know upbeat moods
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Facebook shares fall flat on IPO debut<img src='http://assets.bizjournals.com/sanjose/news/Nasdaq_FacebookIPO*100.jpg?v=1'>Facebook Inc. barely moved the needle on its first day of trading, ending up essentially flat near its IPO price of $38 a share.
The stock jumped 12 percent in the opening minutes of trading on Friday before slipping back from $43 to close to the $38 price IPO investors paid on Thursday.
The Wall Street Journal cited an unnamed source who said that the underwriters on the deal stepped in to prevent it from dropping below the $38 a share price that was set for initial investors on Thursday.
Facebook's...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=b8VNjlnj-3w:qmNgP9NvtmE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=b8VNjlnj-3w:qmNgP9NvtmE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=b8VNjlnj-3w:qmNgP9NvtmE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=b8VNjlnj-3w:qmNgP9NvtmE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=b8VNjlnj-3w:qmNgP9NvtmE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=b8VNjlnj-3w:qmNgP9NvtmE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>Spangler pleads not guilty in $48M fraud case <img src='http://assets.bizjournals.com/seattle/blog/spanglerindictmentpic*100.jpg?v=1'>Seattle financial adviser Mark Spangler has pleaded not guilty to federal criminal charges accusing him of defrauding investors of nearly $48 million by secretly diverting their money to startup companies he co-founded.
Spangler, the former head of the National Association of Personal Finance Advisors, founded an investment advisory company called The Spangler Group that he ran from his home in Seattle.
On Thursday, a Seattle grand jury indicted the 57-year-old Spangler on 23 criminal charges,...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=0M9NgeI3Dyw:JEhGxbpa7mM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=0M9NgeI3Dyw:JEhGxbpa7mM:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=0M9NgeI3Dyw:JEhGxbpa7mM:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=0M9NgeI3Dyw:JEhGxbpa7mM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=0M9NgeI3Dyw:JEhGxbpa7mM:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=0M9NgeI3Dyw:JEhGxbpa7mM:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>Expect more debate between A320neo and 737 Max as Boeing tries to catch up to Airbus in orders<img src='http://assets.bizjournals.com/seattle/news/737%20MAX-8*100.jpg?v=1'>Expect to see a brass-knuckle battle for orders in coming months as Boeing and Airbus vie for market share in the all-important narrow body jet market.
Here in Boeing country, people may take comfort in Boeing claims that the 737 Max will be more fuel efficient than the competing Airbus A320neo.
But the bottom line is aircraft sold, and at this moment, Boeing is still playing catch-up.
The tightness of the race is indicated by Boeing's announcement Thursday that it plans to increase the fan size...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=ofhLL49bKBE:N_CBvZmwdSI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=ofhLL49bKBE:N_CBvZmwdSI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=ofhLL49bKBE:N_CBvZmwdSI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=ofhLL49bKBE:N_CBvZmwdSI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=ofhLL49bKBE:N_CBvZmwdSI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=ofhLL49bKBE:N_CBvZmwdSI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>Judge: Mastro creditor Hazelrigg must redo bankruptcy papersU.S. Bankruptcy Court Judge Timothy Dore ruled against Bellevue businessman Tom Hazelrigg III Friday morning, saying Hazelrigg could not refuse to answer questions about his finances in his involuntary bankruptcy by making a blanket assertion of his Fifth Amendment privilege against self-incrimination.
Hazelrigg had turned in largely blank bankruptcy schedules earlier with a notation that he was asserting his Fifth Amendment right.
?It?s hard to imagine some of these questions are protected...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=Neki54DXi-g:Ulyq1AlLIDQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=Neki54DXi-g:Ulyq1AlLIDQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=Neki54DXi-g:Ulyq1AlLIDQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=Neki54DXi-g:Ulyq1AlLIDQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=Neki54DXi-g:Ulyq1AlLIDQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=Neki54DXi-g:Ulyq1AlLIDQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>ITC sides with Microsoft in Motorola patent infringement caseMotorola will have to modify its Android smartphones or pay Microsoft a licensing fee if it wants to continue selling them in the United States.
After postponing its decision several times, the U.S. International Trade Commission ruled Friday that Motorola?s Android phones violate a Microsoft patent, and ordered an import ban for the offending devices.
?Microsoft sued Motorola in the ITC only after Motorola chose to refuse Microsoft?s efforts to renew a patent license for well over a year,?...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=orGeAPHBOmM:OJho1pdUht0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=orGeAPHBOmM:OJho1pdUht0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=orGeAPHBOmM:OJho1pdUht0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=orGeAPHBOmM:OJho1pdUht0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=orGeAPHBOmM:OJho1pdUht0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=orGeAPHBOmM:OJho1pdUht0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>For tech companies, patents can be cash cows, huge legal expense<img src='http://assets.bizjournals.com/seattle/news/Patent_law_gavel*100.jpg?v=1'>While most people?s eyes glaze over when you mention patents and intellectual property law, they can have a significant impact on a company?s bottom line ? both in revenues and legal fees.
Microsoft, to name one Puget Sound-area company, is involved in more than 60 patent infringement lawsuits, according to recent Securities and Exchange Commission filings.
While the company wouldn?t tell me how much it spends on legal fees, a survey published by the American Intellectual Property Law Association...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=yVGCTagOaT0:YjQe0XSkpHg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=yVGCTagOaT0:YjQe0XSkpHg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=yVGCTagOaT0:YjQe0XSkpHg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=yVGCTagOaT0:YjQe0XSkpHg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=yVGCTagOaT0:YjQe0XSkpHg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=yVGCTagOaT0:YjQe0XSkpHg:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>5 warning signs that time to invest in Facebook is over<img src='http://assets.bizjournals.com/jacksonville/facebook%20stock%20mockup*100.jpg?v=1'>Facebook Inc.?s performance as a public company wasn?t exactly a showstopper. The stock jumped 12 percent in the opening minutes of trading on Friday before slipping back close to the $38 price IPO investors paid on Thursday, despite reported efforts by underwriters to prop it up.
This raises some interesting points that skeptics have been shouting about for months. Just how great of a buy is Facebook stock? What is its long-term sustainability?
With the help of PrivCo, we?ve put together...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=hhxWe_b77xw:H24jDwDiJSw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=hhxWe_b77xw:H24jDwDiJSw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=hhxWe_b77xw:H24jDwDiJSw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=hhxWe_b77xw:H24jDwDiJSw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=hhxWe_b77xw:H24jDwDiJSw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=hhxWe_b77xw:H24jDwDiJSw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>Facebook jumps 12% on IPO debut, then slips<img src='http://assets.bizjournals.com/sanjose/news/Facebook_OpeningBell*100.jpg?v=1'>Now it is Nasdaq investors' turn to weigh in on what Facebook Inc. stock is worth.
The stock (NASDAQ:FB) jumped 12 percent in the opening minutes of trading on Friday before slipping back from $43 to close to the $38 price IPO investors paid on Thursday. It rebounded to more than $41 after that.
The Wall Street Journal cited an unnamed source who said that the underwriters on the deal stepped in to prevent it from dropping below the $38 a share price that was set for initial investors on Thursday.
The...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=pGLcp2Bjgz4:Ear7xfLVVG4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=pGLcp2Bjgz4:Ear7xfLVVG4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=pGLcp2Bjgz4:Ear7xfLVVG4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=pGLcp2Bjgz4:Ear7xfLVVG4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=pGLcp2Bjgz4:Ear7xfLVVG4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=pGLcp2Bjgz4:Ear7xfLVVG4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>12th Avenue Iron: Modern day blacksmiths (slide show)<img src='http://assets.bizjournals.com/seattle/news/GYB-12th-Ave-Iron-01-Mark-Christiansen-Stephen-Marks-for-WEB*100.jpg?v=1'>Turning a metal rod into something useful and beautiful still takes heat and muscle; the rhythmic clang of metal striking metal still rings through the smithy ? even though the blacksmith?s hammer and anvil have been replaced by a large, foot-operated machine.
But instead of swords and horseshoes, 12th Avenue Iron on Seattle's Capitol Hill makes custom gates, staircase railings and other furnishings for high-end homes and businesses.
For more on these modern day blacksmiths, see Jeanne Lang...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=3n0HnqxFelg:YdyMYDK2eys:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=3n0HnqxFelg:YdyMYDK2eys:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=3n0HnqxFelg:YdyMYDK2eys:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=3n0HnqxFelg:YdyMYDK2eys:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?i=3n0HnqxFelg:YdyMYDK2eys:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_seattle?a=3n0HnqxFelg:YdyMYDK2eys:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_seattle?d=qj6IDK7rITs" border="0"></img></a>
</div>Foreclosures fall in Washington state, WestA new report says foreclosures are declining nationally, particularly in the West.
According to RealtyTrac, a California-based foreclosure listing service, foreclosure filings nationwide in April hit their lowest monthly total since July 2007, and foreclosure activity declined sharply in several Western states.
Foreclosure activity nationwide was down 14 percent in April from April of 2011, with one in every 698 U.S. residences having a foreclosure filing during the month.
Washington state's foreclosure...<div class="feedflare">
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increase cooperation, fairness and business performance. Cooperative and harmonious groups reflect a higher expression of every person's best effort and ability. Furthermore, how people feel about working at an organization (the climate) can influence productivity. Low morale and lack of cooperation predict high turnover and lower productivity. In addition, distress and worry decrease mental abilities and E.I. This makes it difficult to read the emotions of other people accurately – a skill necessary for empathy. In addition, research indicates that the emotional state and actions of leaders set the climate. They create the conditions that determine the employees' ability to work well. In general, leaders need to be more supportive and empathetic as work becomes more emotionally demanding. When leaders are negative and unmotivated, there is anxiety and dissonance which undermines morale. When leaders are out of touch with the feelings of employees, they create dissonance. This causes people to feel off-balance, be easily distracted, and perform poorly. In contrast, emotionally intelligent leaders create resonance or harmony. Resonant leaders rally people around a worthy goal. They are self-aware, in touch with the truth about themselves and their feelings. They use self-management to express emotions appropriately and are able to empathize with others. Without empathy, resonant leadership is impossible. When leaders are energetic and enthusiastic, an organization thrives. The most effective leadership and management style will use a combination of Emotional Intelligence and cognitive ability. While cognitive ability tends to be set, E.I. is learned through practice, feedback and repetition over time. Although learning to improve Emotional Intelligence is self-directed, it cannot be done in isolation. Coaching is an ideal way to provide a safe context for change to occur and to better prepare people to be resonant leaders. Some leaders find it difficult to get honest feedback as they are promoted into management positions because employees instinctively want to please their boss and are hesitant to give negative feedback. This can decrease self-awareness and effective leadership development. The coaching process provides essential feedback for continued awareness and skill building. In summary, to effectively lead and manage relationships, leaders must continue to: • be self-aware • manage themselves appropriately • have empathy with their employees Leaders need a safe space for learning and feedback which is focused on emotional and intellectual learning. Change occurs through a process which affects individuals, teams and the organization's culture. Coaching supports and enriches the process. Copyright (c) 2007 Maurine Patten Article Directory: http://www.articlecube.com Maurine Patten, Ed.D., CMC, Maximize Your Possibilitieswww.PattenCoaching.comMore free information, assessment and ezine subscription at www.PattenCoaching.com/EI.htmlMailto:mdpcoach@pattencoaching.com
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More Americans expected to hit the road for Memorial Day
<img src='http://assets.bizjournals.com/dallas/blog/highway%20congestion%202*100.JPG?v=1'>More Americans are expected to be traveling this Memorial Day, though they won?t be going as far.
AAA said it expects about 34.8 million Americans to travel at least 50 miles over the holiday weekend. That?s an extra 500,000 drivers expected on the road between May 24 and May 28, up 1.2 percent over last year.
While there should be more travelers to contend with on the highways, they also are projected to travel a shorter distance. AAA expects the average traveling distance to drop significantly,...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=2VfdUEBJlQI:EQLE21LDVqQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=2VfdUEBJlQI:EQLE21LDVqQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=2VfdUEBJlQI:EQLE21LDVqQ:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=2VfdUEBJlQI:EQLE21LDVqQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?i=2VfdUEBJlQI:EQLE21LDVqQ:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_memphis?a=2VfdUEBJlQI:EQLE21LDVqQ:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_memphis?d=qj6IDK7rITs" border="0"></img></a>
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Heart Association recognizes Memphis employee wellness programs
<img src='http://assets.bizjournals.com/memphis/news/webTopoLargestEmplMethodist*100.jpg?v=1'>Healthy employees are happy employees ? at least, that?s the position the American Heart Association?s Start! Fit-Friendly Companies Program maintains.
The national organization today announced it has added three Memphis-area companies to the ranks of its Fit-Friendly Companies, naming Memphis Light, Gas & Water and Methodist Fayette Hospital as Gold level members. Methodist Le Bonheur Healthcare joined as a Platinum level member.
The pair of companies joins existing Gold members City of...<div class="feedflare">
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MBJ presents Small Business Award finalists
<img src='http://assets.bizjournals.com/memphis/news/SBAlogo32small*100.jpg?v=1'>The Small Business Awards have served as a way for Memphis Business Journal to recognize and reward some of the most successful small businesses in the Memphis area for more than three decades.
MBJ presented its 32nd annual Small Business Awards finalists in this week's print edition. The winners in each category ? 1 to 20 Employees, 21 to 75 Employees, 76 to 350 Employees and Executive of the Year ? will be revealed at an event May 24.
See the 2012 Small Business Awards finalists
Through...<div class="feedflare">
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Top of the List: Physician Practices
<img src='http://assets.bizjournals.com/memphis/news/TopoftheListLogoPhysicianPractices*100.jpg?v=1'>Memphis Business Journal's emphasis in this week's print edition is on Health Care and we're giving web readers the top five from our Physician Practices list.
The list ranks the practices by local, full-time equivalent employees excluding physicians.
See the top five physician practices in Memphis
Research director Jason Bolton writes that acquisitions by Memphis' two largest hospital systems ? Baptist Memorial Health Care Corp. and Methodist Le Bonheur Healthcare ? have changed the complexion...<div class="feedflare">
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Behind the List: Physician Practices
<img src='http://assets.bizjournals.com/memphis/blog/TopoftheListLogoPhysicianPractices*100.jpg?v=1'>Acquisitions by Baptist Memorial Health Care Corp. and Methodist Le Bonheur Healthcare have changed the complexion of local physician practice ownership.
In a flurry of deals in 2011, Baptist added The Stern Cardiovascular Foundation, Boston Baskin Cancer Foundation PLC and Family Cancer Center Foundation, which are all among the top 25 physician practices in the Memphis area. Baptist Minor Medical Centers is also an annual fixture on the list. In February 2012, Stern made an acquisition of its...<div class="feedflare">
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First-quarter housing affordability at record high
<img src='http://assets.bizjournals.com/sacramento/news/housing_affordability_price_550*100.jpg?v=1'>Though it?s been said many times before, consumers in the market for a new or existing home have the upper hand.
According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index, housing affordability hit an all-time high for the second consecutive quarter during the period ending March 31, 2012. Still, a familiar foe stands in the way of prospective home buyers.
?Homes in this year?s first quarter were more affordable than they have been at any time in more than...<div class="feedflare">
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Fitch downgrades Memphis airport
<img src='http://assets.bizjournals.com/memphis/blog/morning_call/Morning%20Call%20sun%20Memphis*100.jpg?v=1'>Fitch Ratings downgraded Memphis-Shelby County Airport Authority's bond rating, but revised the rating outlook to Stable from Negative.
The airport's $415.5 million worth of bonds were downgraded to "A" from "A+" mostly due to Delta Air Lines Inc.'s service decline at Memphis International Airport. Local passenger traffic is projected to drop below 4 million, which translates into a more than 30 percent enplanement loss from the peak levels in 2008, according to Fitch.
Fitch also pointed out that...<div class="feedflare">
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5 Memphis restaurants make Urbanspoon's high-end list
<img src='http://assets.bizjournals.com/memphis/blog/morning_call/Morning%20Call%20sun%20Memphis*100.jpg?v=1'>Memphis is well represented on Urbanspoon's list of "America?s most popular high-end restaurants" as five local restaurants are among 250 across the nation.
The Memphis restaurants named by the popular restaurant recommendation app Urbanspoon are: Flight Restaurant and Wine Bar, Acre, Houston's, Texas de Brazil and Restaurant Iris.
The list was compiled using millions of reviews from professional food critics, the Urbanspoon community and diners. More than "600,000 restaurants, millions of reviews,...<div class="feedflare">
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Commissioner Ritz says suburban Memphis schools will cost much more than advertised
<img src='http://assets.bizjournals.com/memphis/blog/morning_call/Morning%20Call%20sun%20Memphis*100.jpg?v=1'>Shelby County Commissioner Mike Ritz says suburban Memphis residents are being lied to about how much creating independent school districts could cost, WMC-TV reports.
Ritz questions the math on feasibility studies conducted for the various suburbs and says it could be off by as much as $1 million. Southern Educational Strategies, a school consulting firm, conducted all the surveys for six different municipalities around Memphis.
There are three key errors in the SES studies, according to Ritz:...<div class="feedflare">
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Big Star member, Memphis financial planner Steve Rhea dies
<img src='http://assets.bizjournals.com/memphis/blog/morning_call/Morning%20Call%20sun%20Memphis*100.jpg?v=1'>Steve Rhea, a rock 'n roll drummer who went on to a successful career as a Memphis banker and financial planner, died Wednesday, The Commercial Appeal reports. He was 62 and had been diagnosed with cancer last year.
Rhea was a drummer in the legendary Memphis band Big Star, as well as several of the group's precursor bands. He also worked for Ardent Records before leaving the scene in 1970 to pursue a degree at Southern Methodist University. He was replaced in Big Star by drummer Jody Stephens.
Rhea...<div class="feedflare">
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