IBJ: Changes at Speedway Help Businesses, Bottom Line

The Indianapolis Business Journal’s blog, The Score, posted an interesting piece today, contending the many changes at the Indianapolis Motor Speedway have things moving in the right direction. Among those, its focus on giving more value and opportunity to its corporate partners is targeted as a momentum shifter. What’s more, it mentions that our former chairman, Andre Lacy, is now playing a prominent role on the Speedway’s board.

We’re excited to see IMS racing toward a bright future — not just because it’s an Indiana Chamber member, but because it’s such an instrumental figure in the history and future of our great state. IBJ writes:

Tony George is no longer head of the operation. But he is on the board. This is a board that has in recent years decided to significantly expand itself beyond familial borders.

Shortly after George was replaced by Belskus in 2009, several board members were added to the mix, notably LDI Chairman Andre B. Lacy and former Anthem Chief Financial Officer Michael L. Smith. Before that move, the board was largely run by Mari Hulman George, her three daughters, and son, Tony.

Indiana Pacers President Jim Morris and Central Indiana Corporate Partnership CEO Mark Miles, who chaired the 2012 Super Bowl Host Committee and is former CEO of the ATP Tour, were added this year, as was Belskus.

When I asked Lacy why he had been added to the board overseeing the Speedway, he deadpanned: “Everybody needs a boss.”

It was clear, the inner circle had been broadened by a new thinking—and a new level of checks and balances.

At first, Belskus seemed awkward in public and uncomfortable with the media. Quickly it became apparent he was serious about following the new board’s primary objectives: Cut expenses and raise revenue…

Last year, Belskus hung corporate signage along pit lane. This year, he made the bold move to sell wall space in turns three and four to Fuzzy’s Ultra Premium Vodka and Shell Oil Co. It was the first time such ads were hung at the Brickyard.

Also this year, NTB, a national car service and retail outlet, will have signage in the grass at turn one and signage will be hung on the back of existing video boards. Also firsts at the vaunted Speedway.

IMS’ opening up of areas previously off-limits to advertisers has created a swell of interest among marketers. In addition to Fuzzy’s, Speedway officials signed new deals this year with Continental Tire, Nissan, Visit Florida, First National Bank of Omaha, 5-Hour Energy, Farmers Insurance, Nationwide and Banana Boat.

Belskus told IBJ he expects a strong double-digit increase in sponsorship sales this May at the track and a possible 10-percent plus increase in total revenue for this year’s Indianapolis 500 over last year.

IMS Chief Sales and Marketing Officer Mike Redlick said “there’s been a change in philosophy” at the track. At the heart of the change, said Speedway executives, is creating an event that is more friendly toward the track’s corporate partners.

Township Reform: Let’s Hear It For Policy Over Politics

A 90-minute Wednesday session titled Policy Over Politics: A Forum on Township Reform contained a seemingly never-ending supply of valuable information. Enough so that more than a few of the several hundred attendees could be heard at the end muttering something along the lines of (I paraphrase), "Why is this even an issue? Just do away with the townships and let’s move on."

Gov. Mitch Daniels opened the educational program, saying that it most definitely is time to reverse the "politics over policy" reality that has dominated the past few years. Below is a highlight or two from each of the presenters:

  • IUPUI political scientist Bill Blomquist noted there have only been about a dozen studies on local government reform over the past century and describes the historical aspect as a tension between 200-year-old Jacksonian democracy (elect everyone to short terms and make them accountable) and the later Progressive Era reform and its concept of government not being too complicated for the voters
  • The Indianapolis Star opinion editor Tim Swarens says he served on a panel on this topic eight or nine years ago, but that sometimes you just have to teach over and over. He quickly dispatched the various counter arguments township officials try to use to justify their existence
  • Louis Mahern, former state senator and member of the 2007 Kernan-Shepard Commission on Local Government Reform, also spoke. We could — and have in the past — done entire stories on his knowledge and passion in this area. For today, he points out that it comes down to the "money going for inefficient township government or libraries, or parks, or public safety, or pools …"
  • Martha Lamkin, longtime education and philanthropy leader: "It’s well past the time for elevating our poor relief to 21st century standards of accountability and transparency." She emphasizes the ridiculous nature of whether someone qualifies for poor relief being determined 1,000 different ways — township by township
  • Steve Campbell, former Indianapolis deputy mayor, advises to avoid the rhetoric. Efforts to modernize Marion County government while Bart Peterson was mayor were not a power grab, didn’t result in people dying (after fire department mergers began) and didn’t cost any state legislators their jobs
  • Mark Miles, Central Indiana Corporate Partnership president, closed with "every layer of government is being forced to do more with less, yet townships manage to do less with more" and this classic that he said he was told earlier in the day: Bureaucracy defends the status quo long past the time the quo has lost its status

Bottom line: get involved; contact your legislators; learn more at www.mysmartgov.org.

C-SPAN Founder Lamb Looks at Past & Future of Network at Economic Club

Presidential Medal of Freedom winner and famed journalist Brian Lamb began Wednesday’s Economic Club of Indiana presentation in Indianapolis by poking fun at the C-SPAN networks he created and runs. The audience rolled with laughter as Lamb played satirical journalist Jon Stewart’s commentary on the admittedly dry nature of C-SPAN’s 24-hour congressional coverage.

With all joking aside, Lamb, a Lafayette native and Purdue alum, used archived C-SPAN video to share a variety of Hoosier success stories. Lamb demonstrated the massive archives’ true value with his uncanny ability to connect incredible happenings with the often tiny details of their origin. Lamb recently made C-SPAN’s entire 30 years of video history free and available online in hopes that educators will start making similar connections for young minds.

Going where cameras have never gone before

C-SPAN is regularly credited with gaining unprecedented government access for all media outlets – increasing the public accountability of elected officials. Not all of this access has been welcome or easily won.

“Our whole effort is public meetings and you would be surprised how hard it is to get into public meetings,” Lamb explains.

Lamb described how resistance from congressional leadership has increased over the past couple of years, but stated his belief in the need for private meetings to occur.

The times they are a changin’

Lamb, well known for avoiding even the slightest hint of his personal political views, did comment on broad changes in political media and the increasingly argumentative tone.

“I think we’re probably better off when people are at each other’s throats and challenging each other on bills,” Lamb offered, adding, “The stronger the voices are, the better…”

Lamb spoke of the three networks that dominated news when he was growing up and how much government happened behind closed doors because of the lack of available coverage. He welcomes the advent of blogging and social media outlets such as Facebook and Twitter.

One aspect of media evolution that Lamb views as negative is the increasing impact of money on the trade – pointing to Walter Cronkite’s hiring of a talent agent in 1952 as the first link in this chain.

The next Economic Club event is scheduled for Tuesday, May 4 and will feature Mark Miles, president of the Central Indiana Corporate Partnership discussing economic development in Central Indiana. 

Learn more about the Economic Club of Indiana.

CICP: Status Quo Not Good Enough for Indiana Literacy

Mark Miles of the Central Indiana Corporate Partnership blogged about reading reform in Hoosier schools and the importance of curbing social promotion in elementary schools:

Unfortunately, some defenders of the current system would rather pay lip service to reading reform than accept the core responsibility of teaching our kids.  For example, John Ellis, executive director of the Indiana Association of Public School Superintendents, recently penned an editorial in the Indianapolis Star that rejects the idea of retaining students who can’t read at the end of third grade.
 
The Indiana Department of Education and State Board of Education have made early reading education a top priority.  They’ve endorsed a policy framework that includes increased classroom time allocated to reading, intensive professional development for teachers on research-based reading instruction, and tools for assessing student reading proficiency on an ongoing basis in grades K-3, to catch problems early and devote more existing resources to struggling readers.
 
Under this model, retention is a last resort – a final opportunity to get students back on track with more intensive instruction on reading (not just holding back students in the same classroom with the same approach).
 
Mr. Ellis conveniently ignores this broader strategy and issues dire predictions of ‘mass retention.’  But if reading is the most important activity in our classrooms, and schools have 3,500+ hours of instruction from kindergarten to 3rd grade within which to teach kids to read, how little confidence must Ellis have in our public schools – his constituents – to fulfill their fundamental duties? 
 
He also attempts to undermine the progress made in Florida, which ended social promotion as part of an approach similar to what Indiana envisions.  Florida actually climbed from 31st to 21st in 4th grade public school reading scores from 2002-2007, cutting failure rates by a third.  (During the same time, Indiana slid from 15th to 27th in national reading scores.)  He implies that minority students were left behind by the Florida reforms – in fact, African-American, Latino, and low-income students all improved their reading performance in Florida from 2003-2007 while closing the ‘achievement gap’ with the general student population (Gauging the Gaps: A Deeper Look at Student Performance – The Education Sector).

Hat tip to Chamber VP of Education Derek Redelman for the info.