20 Burst results for "RSM"
Delaying COVID-19 relief could do lasting damage
"We are not going to hazard a guess here about what is going to happen with negotiations on an economic relief bill the negotiations that the president shutdown yesterday afternoon, and then tried to restart piecemeal. Last night what we are going to do is deal the facts as we have them now, which is that there are no negotiations and as far as anybody knows, there is no help coming for this economy till after the election and maybe longer. So that being case two stories today on that topic, and then a political insight marketplace's Mitchell Hartman gets going with story number one the. Big Picture. Back, in March Washington sent three trillion dollars coursing through the economy's veins. One of the biggest infusions was six hundred dollars a week in extra unemployment payments to more than twenty million jobless Americans that expired midsummer and George Washington University economist J Shamba says the amount of cash going out to laid off workers cratered it fell from one hundred, ten, July two, thirty, four, million dollars in September. So there's this massive drop off to the economy and also to the most vulnerable households those twelve hundred dollar relief checks from the spring have been spent with most of the federal pandemic relief now gone. Slowing retail sales and personal spending Joseph Bruce. RSM Consulting says. A quarter of small businesses have closed. He predicts without more federal support including lending to small businesses more will fail and state and local governments won't be able to keep teachers and other essential workers on the payroll says Michael. `grats. At Columbia Law School. The loss of civil service jobs will disproportionately affect minority because they've been hired into those jobs. Bottom Line says Dan North at credit insurer, Euler Hermes, North America. Okay. Let's say we don't have a stimulus package. The economy gets pretty severely damaged in the short term probably for five years to get back on. The burden falling to families that are running out of time and money says Columbia's Michael `grats people are facing eviction. Difficulty paying for food and lodging. This is a desperate situation. One that the chaos in Washington isn't making any
Unemployment is bad, but we dont know just how bad
"We begin today unemployment and I'm GonNa hit you with a bunch of numbers tomorrow morning the Labor Department will release its employment report for July the June report showed that nearly eighteen million Americans were out of work this morning we learned that just shy of one point two, million people filed for first time unemployment last week they joined the roughly thirty million Americans who are already claiming unemployment benefits. So eighteen million, thirty, million, thirty, one. And two how many unemployed Americans are there right now other than you know a lot we asked marketplace's Mitchell. Hartman to crunch the numbers. Let's start with those unemployment claims economists like this number because it's up to date and reflect the actual number of claims states process last week says Joe Bruce, Willis RSM consulting all of the people who were receiving some form of unemployment benefits, and that's north of thirty one, million people on the other hand. The Labor Department's monthly jobs report for June pegged the number of unemployed Americans at just under eighteen million. But that's likely low ball right now says at least Gould at the Economic Policy Institute to be counted as unemployed, you have to be actively looking for work, but in Cova Times, there are many people that are not actually looking because they are taking the advice of the health experts in this country maybe they're caring for children right now who schools have been closed former. Commissioner Eric Griffin has her own formula for counting total unemployment right now, what I've been doing is adding up all of the people whose jobs have been disrupted the bulk of them probably pandemic of recession related including those waiting to be called back from furlough and part timers who want fulltime work she comes up with twenty five million. Back in February before the pandemic hit one, hundred and fifty, eight, million Americans had jobs. So about one in six of them don't now I'm Mitchell Hartman for
"rsm" Discussed on Behind The Numbers
"About you or the firm shore, so my phone number that you can reach me at is two, one, five, six, zero, seven, three, six, seven six, and then by email you can reach me at sue. Dear, DOT condescend -I at RSM US dot com great I think we have about three minutes to go in the program. Time always flies here. I! WanNa just kind of conclude the conversation with maybe some of your advice for the middle market companies that you serve day-to-day challenges and opportunities as you look down the road in your crystal ball yeah. I think. You know that. Don't overlook the war on town that you mentioned earlier is we find that there are still opportunities for high-performance out there. And even if things are slower now, you have to keep your focus on employee. Because what you do now, they will remember. When things pickup. Opportunities Open Up. They're going to reflect on how they were treated and the compassion they were shown and. It's going to go a long way because I. Warren Town isn't GonNa. Go anywhere. It maybe just a lull. Smiling because not only does that resonate but I actually think I wrote words very similar to that. Published at the beginning of the pandemic so that that really touches home here. The other area to focus on his technology right and We have seen that the busiest group in our in our firm that has not slowed down as our technology consulting practice, helping companies move things to the cloud. It could be standard office applications like Web. Mail your intranet. things like that or it could be our system. No, I think you're going to see that. Continue to happen. And you need to do it in a smart way. There's a lot of technology groups out there make and software vendors who make promises right and really understanding. There's two. Different versions of the cloud different versions of support different service level agreements out there. You Really WanNa. Make sure you're a. you're making the right choices, and while this is accelerated. It when this all comes down. You WanNa rethink what you did. Because the decisions you make in haste in Russia in an emergency, you want to reflect on that and see okay this the best vendor or a situation. We want going forward. Good advice, thank you so much for joining us today. And sharing your insights with the audience very much appreciated it. Thank you Dave I. Love, the opportunity to speak here and had a lot of fun and. Good luck to everyone out there and hopefully we'll have you back again sometime in the near. We've been talking today with city or condescending. WHO'S THE MANAGING PARTNER OF PHILADELPHIA? Office at RSM and very interesting insights here today on business, continuity and leadership in the normal. My name is Dave bookbinder. If you've enjoyed the program, please hit the subscribe button or whatever you're watching or listening, so you stay up to date on all that we're doing here behind the numbers until then take everybody stay.
"rsm" Discussed on Behind The Numbers
"So. I myself I'm a consulting. Principal I focus in risk consulting specifically technology risk. So I lead the risk practice for Philadelphia. I lead it risk nationally. As you as you said I'm also the office managing partner vote, Office and lastly I'm currently serving on the board of directors. That's an elected position for your term just like the president. And I'm in the second year. My four year term great. Thanks for that lot of hats that you wear a lot of hats. I want to start with risk management you. You were going to be my guest right before we went into self quarantine. and the majority of the topics we were going to discuss or Germane to this conversation today now we have a little bit of hindsight. Be Able to apply here, but WanNa talk about your background, so it's risk management, and we're GONNA be talking business continuity, but maybe just to set the frame help the audience understand the difference between business continuity and of traditional disaster recovery, right? That's great question so disaster recovery generally. Focuses on the systems right? How do we bring our systems back? How do we bring our locations back right so if you think about it if you were a a major department store, how do you bring that the retail applications back so that you can you know? Take Payments Credit Card payments that sort of thing, so it's really focusing on the back end databases that computers the user applications etc right. But it's it doesn't necessarily focus on the business processes, right and the activities. That you would need to do to operate a business so a great example. One of our clients is a broadcasting company similar this right and How do you deliver the news? The nightly news in? Event of disaster, so it's not enough that your applications are working in your data center has cut over But where are you actually going to do the news? How are you going to get the people? The broadcasters to the station or the temporary station? Do you have all the equipment? Do you have connectivity to? The to the networks, do you? Can you get your reporters out in the field, so there's a lot of other things to take into account. In, a business continuity situation. We actually had this discussion last week at our board meeting. What happens if we don't have a quorum for the board? How do we make decisions? How can we vote? If we don't have access if If people are ill right and the pandemic, so there's a lot of other elements. That take into account with business continuity, so no one could have necessarily have foreseen. What ultimately transpired in the way over nineteen is impacted the world. But. Could business. Owners have anticipated being able to handle the continuity that would have been required in these kinds of circumstances. You know it's funny. You say that because as part of the audits that we do internal audits. One of the aspects we look at when we review a business continuity plan is pandemic planning. And it is something that. Is often overlooked, and maybe they have a cursory few paragraphs in their business continuity plan about pandemic. And it's oftentimes a finding. We site that you're pandemic. Plan has to be more thoroughly adapted. How are you going to deal with a remote workforce? How are we going to deal with the workforce? That's. Ill. Could be worse right? Half the workforce could be, and we often get pushed back for management on that. I don't foresee US getting pushed back on this going forward. Because, they think that's such a out of the you know round possibility of a nationwide let alone a global pandemic that would affect our workforce. We get easily adapt to that and. You know it is something that companies have to look into we have seen. Many companies struggle with remote workforce. Their infrastructure is not built for it. They're not able to send Li. Go from twenty percent of the people working from home to one hundred percent. Can their. Technology. Keep up! How do they manage people's laptops breaking? How do they know that users at home have sufficient bandwidth? To be able to do conference calling right, so there's a lot to take into account with pandemic planning. And Said Board meetings. Virtual Board meetings virtual executive meanings. You know things like that. Are you able to do that so? simply paying the bills. Yeah, processing payments, you know. We have. Some people sending US checks, so we have quickly converted them all and begged. Our clients don't send US checks. Wire. Transfers Ach readdress. Invoicing, you know, we had some invoices by mail. That's pretty much done now. Like everything's gone out, you know we email so. Those certain things you need to have in place beforehand. Yeah, it sounds like you've got a checklist, and it's an extensive one, and there'll be more things that will be adding to that checklist. No doubt as this thing continues to unfold, but let's talk just little bit more about managing the remote workforce as part of a national practice like RSM. To some degree, you're working with remote employees anyway, and there is a challenge working with people in different cities where you're not necessarily seeing them in interacting, but. But. What what's been your findings so far either internally or with your clients about this remote workforce? And how do you keep people engaged and our leaders responding now this new normal? Yeah, so one thing we've that benefited from is we generally have people out in the field all the time right so whether they're working from home or working at a client say they're out and about so our technology is held up remarkably well right so they teleconferencing our email access to resources on on our networks. have. That's all held up very well. Where we've had some struggles, certain lines of business tax the tax people are used to coming into the office, right? They're not while they do. VISIT CLIENTS SITES TAX. Preparers are used to coming in. They have multiple screens as you imagine, they're doing with client information and the different tax forms. So rebuilding that infrastructure in their home has been a challenge rate having three monitors they don't have to. They have three monitors. So, that's been a challenge You connectivity to employees while they're remote. They're not by themselves, right. They're generally working in teams. And there is an element of just come rotary and going out to lunch with each other and connecting with each other is been a challenge. Working Parents of young children very challenging. Being able to get a full workday in while you're six year old is bugging you for snack and you have to help your eight year old with their homework right? Yeah, that's been very difficult. I'm lucky. My children are older. They're independent, right, they're they're teenagers. We they go do their own homework their own lunch. They're fine. But for those parents it's it's been a challenge and.
"rsm" Discussed on WIBC 93.1FM
"We're getting out of Indiana sports dot Greg Rakestraw from the I. as C. sports network filling in for Bobby is your brand insignia Brad he we will have the show together next weekend I've got one more coming up towards the end of July July twenty fourth I think Bob is back as of July thirty first to begin season number twenty seven of Indiana sports talk now we had will has to get on the program about a half an hour so talking about the PGA tour we we just talked about kind of the top of the leader board of the event Brandon Saad is eighteen under par there is one in Indiana native that made the cut this weekend out of four that started the weekend Adam Schenk Patrick Rogers Bo van pelt all missed the cut which was a relatively high when you had to shoot four under or better over the first two rounds determined to be able to play on both Saturday and Sunday Tyler Duncan of Columbus and Purdue University played at Columbus north high school to Tyler outstanding high school golfer as he was a college golfer to get taller guy already has a win this year on the PGA tour dating back to last November down in Georgia the RSM classic show to some degree kind of playing with house money he does have his tour card for the next couple of years set up well right now he's in the top thirty as far as the FedExCup points race is concerned after a six under seventy five R. six under sixty four in his opening round on Thursday he's played a little closer to par the last couple around even par yesterday one a day so he is eleven shots back and lead he is tied for thirty fifth so he's going to be in the money probably not racing for the are competing for the the title at the travelers championship in Dhaka just outside of Hartford Connecticut over the course of action tomorrow if you want to be watching live sports PGA tour is a good bet tomorrow obviously all things NASCAR that are taking place at Pocono with the truck series the Xfinity.
"rsm" Discussed on The Darren Smith Show
"There's there's a lot of fans. Who feel like ownership is more to blame some side against players Scott as you know, it's just the way it goes. Some people blame both sides to your from your vantage point. How has the game been damaged? Are you worried about even when they get back up and running? Good news is that is for many people including US having something to talk about this afternoon. Do you feel like there's been irreparable damage done? I don't think owners in this game problem. I think the owners are great to work with and I think that they care a great deal about the games and their franchises. I think the issue is the Major League Baseball Representation. Of how the owners are managed and what they do to create. A true partnership among themselves the issue 'cause you had very successful owners and operators. And, then you have those who are are doing things that under the agreement where they are looking all more for more revenue sharing, there's all kinds of activities going on in our game where they're taking ancillary aspects separate corporations where they're outside center there in the parking lot. They're growing these monstrous hotels business centers. fan attractions that are all designed around the play of players and games, but they have excluded them from the collectively bargain definition of revenue and therefore clubs that make a lot of money. And regional sports networks if they own a large share. They may have three or four hundred million dollars a year right and they only put on the book seventy five million for the right because they own the RSM. That's paying the team and that way. The other clubs do not share the true rights of the RSM arms length value. So the definition of revenue our game among the owners, and how they distribute their wealth, remember for any owner whose own team for the last fifteen years. Their franchise values have gone up four times, which means a billion to two billion dollars for many owners. They're doing very well. We've gone up from a billion and ninety, two, three billion in two, thousand, two, seven, back in two, thousand and ten, and now eleven, billion and growing as we get into the two thousand twenty, so our game is very successful. and. I don't think the problem. Really is you know I work with a lot of owners who I think are are very very strong. You know Really foundations for the advancement of the game, but collectively how this wealth is distributed. What they do internally really affects how they deal with Labor and. Because of the fact that the owners are.
"rsm" Discussed on The Darren Smith Show
"How has the game been damaged? Are you worried about even when they get back up and running? Good news is that is for many people including US having something to talk about this afternoon. Do you feel like there's been irreparable damage done? I don't think owners in this game problem. I think the owners are great to work with and I think that they care a great deal about the games and their franchises. I think the issue is the Major League Baseball Representation. Of how the owners are managed and what they do to create. A true partnership among themselves the issue 'cause you had very successful owners and operators. And then you have those who are are doing things that under the agreement where they are looking all more for more revenue sharing. There's all kinds of activities going on in our game where they're taking ancillary aspects separate corporations where they're outside Centerfield there in the parking lot. They're growing these monstrous hotels business centers. fan attractions that are all designed around the play of players and games, but they have excluded them from the collectively bargain definition of revenue and therefore clubs that make a lot of money due to their and regional sports networks if they own a large share. They may have three or four hundred million dollars a year right and they only put on the book seventy five million for the right because they own the RSM. That's paying the team and that way. The other clubs do not share the true rights of the RSM arms length value. So the definition of revenue, our game among the owners, and how they distribute their wealth, remember for any owner whose own team for the last fifteen years. Their franchise values have gone up four times, which means a billion to two billion dollars for many owners. They're doing very well. We've gone up from a billion and ninety, two, three billion in two, thousand, two, seven, back in two, thousand and ten, and now eleven, billion and growing as we get into the two thousand twenty, so our game is very successful. And, I don't think the problem. Really is you know I, work with a lot of owners who I think are are very very strong. You know Really foundations for the advancement of the game, but collectively how this wealth is distributed. What they do internally really affects how they deal with Labor and. Because of the fact that the owners are.
"rsm" Discussed on NewsRadio 1080 KRLD
"That's really good news because the innovations ultimately lead to the worst news eighty percent roughly of people get into baited never come off the ventilator Democrats and Republicans are still bickering over corona virus relief house minority leader Kevin McCarthy we just got five million more reasons why they should stop this morning and this is about keeping people employed is about keeping people liquidity for the next couple months as we continue to move through our current crisis speaker Nancy Pelosi immediate in the lives of everyone in our country is a need for us to have a more funding for the hospitals and for the health the state and local government there will be no get out of jail card for Roger stone correspondent Pam culture the longtime trump friend and adviser had argued for retrial alleging misconduct on the part of the four woman during the jury selection process in February president trump weighed in with a tweet which said there's rarely been a juror so tainted and she never revealed her hatred of trump in stone the sixty seven year old self described dirty trickster is expected to soon begin serving a forty month sentence for lying to Congress and witness tampering the unemployment picture just got a lot bleaker business reporter Jason Brooks over five point two million initial jobless claims were filed last week now totaling over twenty two million during a four week stretch accounting services network RSM international says that the current claims data points to an unemployment rate of more than eighteen percent the Dow closed up thirty.
"rsm" Discussed on No Laying Up
"They're going to win in by a million but I don't care about. Any of their door is going to be reading the dictionary of metrics. What exactly? There's it's a tough scene on the Internet. It's GONNA have to be a big week for the international and I hope I hope like literally. I hope they went to right before that I either want the US to do you like another. Like try to win on Saturday kind of thing or I want the internationals to win because the the only moment that I remember from the twenty seventeen Presidents Cup was the US being up fourteen fourteen and a half to two and a half an honorable here making a putt and doing the tiger point there. Yeah it was. It was actually pretty pretty tough. Tough seen talking about like I think your point is a really good one meal. That these guys only breakthrough when they do have like big stages so i. That's that makes. They met list off other than Zander. Like you know caitlyn's not very exciting. I don't think he really cares right like he doesn't he seems to just want to go about his business business right and that's fine. You think he doesn't care that he's exciting. You're saying yes exactly. I think he cares if they win. He's no he's seems like he's crazy competitive but like like in a way that it's like I don't. I'm not GONNA fist pump. I'M NOT GONNA I'm not gonNA dance for you. I do think there's a couple of awesome players on the international side that it could take advantage of that moment to him in Sunjay in came. Smith Abraham Abraham Answer. How Tong Li like those are some guys that are like me and if they step up and have a massive massive week like that would be a big stage and they could be well? We're up against. The national team is so hard to come the overcome. Twenty one point two million twenty two now. I think he's twenty one. Yeah it's it's yeah. I'm I'm excited to watch. They're not they're not gonNA win but but it'll be fun to watch them battle the Terminator's all right. We've got a couple of the things things we need cover here like Sarah. Connor don't like we I. I don't think I'm speaking just for myself. I didn't get to watch any of the euro tour this week. Jon Rahm one five million dollars with the the Winning the race to Dubai five million dollars for some hearing of this. But it's cool. Sorry I don't have much more to add that we did. I did watch some of the LPGA Tour Championship. That was awesome. Expect a full debrief on the track down next week. I hope so big. And he was down there and now tron was down there for a few days. They did a great podcast last week. With Beth in Nichols on the trap draw draw four or five of them talk about a lot of things on the LPGA toward was the biggest personnel PGA tour. History crazy to think about it was that at the US Open back in the US. Women's back in May is that June four. I think it was before the men's but it was the first million dollar winner's cheque in the history of women's golf and this tournament today. There was a difference between first and second which is nuts with a baseball. It's kind of. It's kind of their version of the Fedex. Cup combining the basically into one loan. Yeah bonus into which is if you make the tour championship you you can win the biggest make it there. You don't start there's no handicapping there's no gross and net championship say on Kim drained a bomb on eighteen. Charlie Hall birdied the last three holes to get to seventeen under and then say on. Kim needed a Birdie the last to get eighteen and win it drained Nelly Korda had a good shot at it missed it had a couple wayward drives on the on her back nine. That cost her It was it was very entertaining. Television Super Wash. It was fun to see the fun to see the difference difference between like the people who were coming from behind like Daniel carrying Charlie Hall millennial who yeah Daniel Show sixty five eagled sixteen and seventeen. Yeah second asshole. Earning seventeen and then had a great liberty in eighteen. Hit this like four iron from one ninety straight into the wind that never left the flag it was awesome and just left the pot like a rotation short but seeing how different it was for those women who are coming from my way behind the pack and just firing every flag and just blackout Out Mode and then seeing say young Kim try to like hold on. Just shake that putting it on seventeen and then finally when she hit the green and eighteen she looked a little more freedom and obviously made that Putt to avoid the playoff but it was awesome. It was like I always feel. I do feel like the LBJ has a pretty big barrier to entry like it's hard to. It's hard to get into it at first but every time I do I always feel rewarded such like self serious word. You always feel a AH refresh. Yeah totally it's like invigorating. And that's where like actually sit down and watch it for a continuous stretch of time. I just have to assume that most people most twitter followers are not tuned into. It's it's like my when I tweeted out. It's literally like Hey. This is what actually just happened to have like. You Might WanNa watch it rather than make like relative commentary on it but I do think it's you know I don't watch as much as I'd like to but when I do get a chance to it is it is quite enjoyable but go Tune into the Chapter I make sure subscribe to the trap trophy. They're gonNA have a lot more. LPGA stuff we still interview with. J Murray. I regret that we need to post at some point. I've I've delayed it for so long from the KPMG Women's PGA That I've haven't forgot about it but we'll get that posted. Hopefully this fall before we go. Let's the new slow play. tors on the pediatrician was kind of quiet. Rollout this week. It wasn't really not a lot of attention was put on this secret list. Secret secret lists is going to be a secret list to the toward freedom. McCarthy is Daddy McCarthy is a list how do you get off the list. Where is the list who holds onto? This is like the briefcase nuke while they're fast. Maybe you're just not a good American. Yeah maybe you don't have as much as we do. There's a secret list of the slowest players rules officials to pay closer attention to according to Golf Digest. It will go. It won't be going into effect until after the master's Tianling Vlade unfortunate. Sorry not all the details have been revealed Golf Digest has learned a few key aspects including the tours moving away from a group based system to one that focuses on individual players. which we still like a no brainer? Yeah likes WCHS reading that outlets like that could have been this resolution to the problem. That was already very gray area where there already is a rule in place that is just not enforced is to make a secret rule make it even let like more convoluted and keep it a secret and not tell anybody who's like I. I am baffled by this. Obviously yeah loves this. It's ridiculous absolutely ridiculous. There's so many better solutions for slow. Play than yeah. Yeah sure. It's a step in the right direction but again the problem is are they gonNA enforce it. You're on the list now. You're going to be penalized if the individual does that. I mean they're going to actually enforce. It feels a little double secret probation. Yes it's like. I guess because now they won't punish the whole group so they have more incentive. I just I don't think they're gonNA force it. That's the it's not the rule with the enforcement it does Kinda give them a kind of safety net or like some shit like shield field armor basically to say those a secret lists like you don't know we almost makes the health plan today but he's you know we can't tell you we weren't timeliest as well. We were watching him. We didn't have a tapes on them. I keep picturing. What's it from Billy Madison Stevenson? He's got the list of people who's going to Eh. Stop the clock. He gets crossed off. And I'm glad I caught the PGA tour. The report is also considering adding two more rules. Officials added tournament to monitor shot times more closely once golfers on the list. He's more likely to be timed by a rules. Official would occur one stroke penalty for a second bad bad time during around. So you're still allowed one. It's not clear exactly how this will be determined how players will get off the list. You're allowed forty seconds to hit a shot starting with their play. I doubt interference or distraction. After one morning players are assessed a one-shot penalty for each each falling violation. So the part that the there's a clearly coming from like a PGA tour press releases that since the implementation of shot Lincoln two thousand six the tour as formulated the new approach and they've charted ten. They've time ten million shots. No you've recorded ten million shots and you're kind of loosely using wind shot link. Volunteers have entered those shots. As the top two thousand navy modeled it out off of that if you've time to ten million shots and you're just now implementing this policy. It's also an issue. It's very thorough. Ever forget also I know we bring it up a lot but the The golf about slugger white saying that could mean kids. Don't get to go to college if they out. Slow play penalties remember. What's at stake stake? Big I just I mean the. There's I feel more practical ways to solve so play. Like what if like when guys are getting a ruling ruling or something like the other guy or you could hit. If you're in front of the guy like you guys still distinct like I I. Actually I like what is going on here right because still so much of this low pipe problems are going to exist are not going to be addressed right. There's going to be bad traffic on Thursdays and Fridays on golf courses. There's just nowhere to go go for groups to go but the people that are slowing down the individual people within your group like what happened with Bryson gets with. JT and fleetwood. This year gets addressed rest with this right. It's like no you can't just 'cause you're groups behind doesn't mean you can be the one. I'm sorry just because you're not behind doesn't mean you can stall out over a shot. And what could negatively affect your playing partners like no longer. Can you do that now. I think the individual timing makes all the sense. Yes which again is this going to mean that the pace of play is going to be much faster on tour. It's not GonNa what needs to change. Their golf courses would have to be shorter. Greens would have to be slower pins would have to be easier They'd have to implement. GimMe rules which because there's just putting just take Sudan long and that's that's kind of what what's kind of drags down a whole whole tour so oh I think it is a step in the right direction. I agree with you that I don't. I don't think there's going to. We're GONNA see a lot of fatty feel out the secret list. I do think they should leave. That's great for content. Yeah yeah well if the if the list is leak released list of course can't like put it on their website. Yeah but they should. Yeah if you WANNA LICK IT senator. Here's another other plug. For the Nest Egg Nolan Nest at noling of DOT com. I believe is a working email which we should ask if anyone wants to. Leak the list NASA at noling up if you ever wanted to hear what was bleeped Out of the Justin Huber Matt Kuchar story on the PODCAST last year. It is on the first nest. PODCAST.
"rsm" Discussed on No Laying Up
"I had to take the headphones out because I was walking into a restaurant like Tim. I keep talking about slaying dragons and it's like to see somebody that's the thing man. That's what I was trying to hammer home in the pod to. It's like it's one thing to come back in like make make it back on tour after legit the yips and it it was gone it was gone. You told them about it you and I saw two years ago in Chicago. He didn't go into much detail on that. Like William which is obvious. But we're at a just outing I guess but there's only like sweet invitation. It was see I was lucky. Lucky to get invitation. Invitation to this event and must be nice. It was great pictures very very cool but it was. We got there like Brennan. Todd is like a good buddy. And he's coming into to chipping clinic. You know like again. I don't mean this this is light to anybody who has like man. Is this telling us. Or is this for Brennan Dot like he doesn't have much going on right now. Is this like you know. Is this like a cool thing. That he he wants to do. Or like okay and then like hearing give lessons and stuff I was like holy shit guys like kind of a savant. Yeah Oh for sure and I think it could ah could. He doesn't have to be the way he is about it. Like sitting down onto events and I'm going to do an interview for sure everything about. Yeah but I'm going to go into all the detail and I'm gonNA. I'd like interrupting a couple of times. Because he's so in zone talking about it like it or not but I want to hear how you combat Yips and how you channel energy and all these things because game drives all of us up a wall and to be that good at it and then suck that bad. Had to be just so mystifying. After you guys turn off the recorders. Yeah I mentioned it in the pot but he was just he kind of his demeanor. Changing look so relieved because he's just like man like sucked you're thinking about it like while you're at the grocery store like dude. I suck at Golf. I can't do this and you ever you walking around you run into people and you can just tell it's like on their mind fine and they don't know what to ask about and I felt that way when we saw him. So what do you got coming up next. I don't know that's just makes it a sucker for these stories but this is absurd. It's one thing to come back and play well and I know he's played well for a lot of this year. And it's we're we're late to the party in this but to go out and win and like when you're under the gun on again to have it to come through twice. Yeah and play great. This week I know he didn't play great Sunday. Like that was not indicative of anything finished. Top Five t four or those wild show so So we spend time at the Monday qualifier RSM this week and so we kind of referenced. It a bunch because we're looking at now. We're both caddying at the Monday qualifier. Fire this week and we're looking at like scores from last year. Like Brennan at sixty one like holy cow must really click that week and then to hear him go into that on the pot. Yeah like a couple of days as later where he's like. Oh yeah like. If I didn't qualify I was literally I was talking about but a pizza I involved with his pizza franchise the part the other part of the pot. I love him talking about Richard Richard Really A- I went down to Kapiti award great man. You look like Richard. That's that it was a fair. Mix Up does consummate professional rich. I think that's been one of the people like to see dealer minor league baseball player. Just kind of like a a random like middle the lineup guy. I think we've thrown around Richard Really. Maybe that's what I was thinking but yeah Rick and kill God man to actually. When I was in little league I used to be a good pitcher and then I hurt my shoulder and try to pitch REC league? Baseball could find the strike zone. You you know what he was talking about in Kiel the same thing then. The guy just goes back to the minors and learn how to be outfielder and hit. It's unbelievable well. I appreciated the the what he was. referencing referencing there and understanding that story. But like ricky and killed and come back and battle those specific demons like trying to find the strikes up to the outfield. Did some different Brent. Todd got a standoff. Those shots those long irons and think about it and I know you had one really bad right miss. Today and everyone was tweeting. The quote was that it was. That's I was not. I think he would tell you that with me today. Like maybe I have a high of the that was pretty good I think Nah because hit to assist right. So it's within the margin. It's like sounds like you know Brennan Todd Hits it straight down the middle like all day long and then has one mega miss. You need to get to this. There was a There was a question came from Scott. Warren we need a blow by blow description of both your and my Self immolations this week where we both had to come up with a name for this where you shoot the number on the front but then you should at least ten shots higher on the back nine. Thirty five forty six deejay did it thirty six forty seven. I had my worst one ever I went thirty one forty one on on Friday and I was ready to. I could've just crawled into a hole in died I wanted to I. It was two under on eight and then I was a tough vote. But I didn't really I didn't really feel like the mega bonus was kind of like waiting over you the well. No I didn't really I was like man. There's a lot of golf left and I was playing stream song. The Blue Course must be nice. Yeah superstar trolley. We'll just for back on track down there for invent and it was hosted by drew holcomb singer-songwriter out of Nashville. He's like Kinda like Pu she's just like a Sicko Golfer And he did like a concert was awesome event. And that's really my first big experience. Extreme Song loved it. Three awesome golf courses. But you know Tom. doak explore courses. It's a beast so the back nine was was was tough and the sun. Beating down on you Higher Hotter and hotter for the wings to start melting. You know what I mean. I didn't really feel like it. It does get harder the third thermals definitely gliding. But I wasn't in the thermals yet. So updraft what would I call it. I mean I honestly would call it a nickel reto. But what would maybe Korea has to be ten chastise shots higher. Okay yeah well I don't know because sometimes when you have these like egregious does can you know when you see. It really is going to be a lot. More all encompassing the shots so well. Let's learn out to the crowd. Do do some crowd sourcing ten shots shots. You shoot a good number on the front. You should ten shots higher. I mean it used to be the the Vegas it's kind of like thought about the Camilo Villegas was you jump out to the first round lead and you shoot seventy seven around to miss the cup. GonNa regret this POPs up on the leaderboards in the spring or something which he played golf so we got a question about that actually from WHO and it was again. What's his what's his deal? I think he played some this past year. I mean these guys are just. Don't really have status us in had these past get some of these pass champ starts. Printing tie was living off of which is also an insane part of that story Let's take a quick break. I want to get back wrapping up the fall series. Here are friends callaway. You've heard me mention this on the previous episode. It's not too early..
"rsm" Discussed on Racing Post
"I'm just continues. Supply solely consistent. Good Golf any horses catcher Cheltenham Glenn. That's a good quality. Rising Added to heavily armed is like is in your Banjo at the action. Good Winnow the the handicapped in the Senate Improving young player in the championship this year. Okay that's right cross of the unknown. Friday I'm right. Let's get back to the Gulf. Then and this week's tournaments we've got the culmination of European sour- it's the DP World Tour Championship. Jim Mora Gulf states in Dubai was tournament writing Glenn. Yoga have very good this week. Kite spin through uh Market latest for us yet on the first six on this one I thought about rory mcilroy. That's eight to Joe Rob. o'shane's me fleetwood sick. They Patrick rate is saying. Just rose show lighter fitzpatrick twenty two and twenty five baseball got cold exciting Steve for the two selections humane man. I have my mind is Tom. Lewis sewer has always been Destined for golfing greatness. Fantastic atmosphere led the opening twenty eleven as an Amazon. It's a one on the European tour. In just his third stars are professionals all happened really quickly for Louis. Then you had some Some lean years. You know the grand old game of Gopher took its revenge on him but the second off last year the Louis that we will know in love came back. You want a challenge tour event by five shots then. He won the Portugal Masters again. Then he made it. All the way through the Europeans will fall no series and finished seventh crucially in the DP Wiltord Championship on his debut. He made his debut in this tournament he taught the Greens in regulation statistics. That shows a huge edge effect affinity. With course he clearly loves it is being planned. Does it go from since he was knee. High to across replay while in the Abbey W junior championship many moons. Go Star there. She was the Abbey W championship. He was third in the Saudi International. He loves his desert Gulf. He relishes white fairways. Israel free flowing powerful and Yeah using confidence now he as a PGA tour card in his back pocket he won the Kunvari very toll fallen heroes at the start September stunning performances when over there and be up all these American players hoping to get onto the unto the PGA Tour Five Zero Victory Trey. So he's got to play them right from both sides of the Paul now and when he's come over and played in Europe with that. PGA Tour Card Security He's played well and he was thirteenth last this weekend. The in the Nedbank which is a real eye-catching performance when you consider that he was sixty seventh in that tournament last year. The Earth course suits and much better and and I felt trauma Lewis when opened. Eighty two wore. My tongue was just twitching with saliva. Lovely Image Glenn how many put out this week I just say okay. WHO's your number? One selection main selection is to be Jon Rahm Vice been around as I..
The big problem for small business? Finding qualified people to hire
"Start today. Exploring feelings specifically how small business owners are feeling about the economy. They had a more positive. Take on the future Chur in October compared to September. That's according to a monthly survey from the National Federation of Independent Business responded said they are making capital investments and raising raising employee. Pay or at least planning to but their number one challenge finding qualified people to hire marketplace's Sabrina Benesch or has more on. That things are looking up at clean choice energy that we're hearing really optimistic about Where every now and the next eighteen months or more more Kate Kohler is chief staff at clean choice? It offers renewable energy sources. The company has thirty percent more employees than it did last year but she still has a dozen in positions to fill it is really the stiff competition and the candidates were interviewing or intervene at other firms is well nearly a quarter of businesses in the survey said. Their top concern was finding qualified. People either to grow the business or even just to maintain it. According to Joe Galvin Chief Research Officer for Advisory Advisory Firm Vestige. Chances Are you're higher replace. Some of you left your organization to go somewhere else to attract people clean choice. Energy is focusing on its green ethos off Every organization able to offer thirty percent of small firms said Dave increased compensation to attract workers Rebecca Hamilton co-ceo of WS Badger. It makes organic skincare products. She says the companies increased pay and benefits. We have an in house daycare center so we have flexible. WHOA hours? You know the onsite gym say Yoga classes on say Akito the NF Ibiza. Small businesses are paying for higher compensation with higher sales in savings things. Joseph Bruce Willis chief economist with consulting firm. RSM isn't sure sustainable. They're willing to offer more compensation but attended today. Were likely not to because of they slowing economy and a contraction and probably Bernie trains in other words. Small businesses can afford to fight over talent as long as consumers. Keep buying in New York. I'm Sabrina sure for
"rsm" Discussed on 10 10 WINS
"Sponsored by RSM audit tax and consulting I'm Greg rice next reported six thirty one on ten ten wins probably the biggest move yet towards getting rid of flavored E. CIGS we've been hearing from state and local leaders including here in New York and New Jersey proposing a ban on the cigarette alternative now the White House weighing and corresponded to Karen Travers has more president trump with the surprise announcement today that his administration is considering a ban on flavored E. cigarettes we can't allow people to get sick and we can't have our use be so affected the president was joined in the oval office by the First Lady who earlier this week tweeted about vaping saying she is quote deeply concerned about the growing epidemic aged just secretary Alex ETS are says the FDA plans to finalize a guidance document to start enforcing flavors other than tobacco to be removed from the market state and federal health officials. investigating hundreds of breathing illnesses reported in people who have used the say eggs and other vaping devices I've also been at least six deaths reported but we stress no single device ingredient or additive has been identified as the culprit and then there's this guy twenty one year old on a twenty year old Wisconsin man accused of lacing tens of thousands of vaping cartridges with the active chemical in marijuana in ocean county sheriff David Beth says they found twenty year old Tyler how finds in possession of more than thirty one thousand filled vaping cartridges with nearly a hundred thousand still empty sure about says the cartridges included flavors like sour patch in cherry that indicated T. H. C. in the product but not the amount that was injected one hundred and fifty seven times the potency of what. the labeling says the sheriff says they don't know what the sold cartridges were used by the hundreds reportedly.
"rsm" Discussed on Bloomberg Radio New York
"Running. Packers turnover. Members of the Green Bay offense. What a start after the fumble on the first play by Carson in the national. Oh, by the way, the Seahawks are foreign five this season. The Packers are four four and wine in the National Basketball Association. The Golden State Warriors trail the Houston Rockets seventeen twenty two. See the nuggets are hosting the hawks clippers are home against the Spurs in ten seconds seed, Roger Federer beat fourth seed, Kevin Anderson in the first round of the ATP world tour finals in London sixty Dominic team defeated seven seed Kei Nishikori the round Robin tournament is the season ending event for the highest ranked singles doubles players in the National Hockey League. The islanders lead the Rangers. Five three in the second period in the battle for sole possession of first place in the metro division. New Jersey and Philadelphia are scoreless in the second. San Jose is home against Toronto tonight and golf Charles. How the third is the top of the leaderboard at eight under par after the first round of the RSM classic in Georgia defending champ, Austin, cook and JJ spun are tied for second at six hundred part. I'm Donna page. That's your Bloomberg NBC world sports update. Juliette? Donna, thanks so much coming up here on Bloomberg daybreak Asia, Brian, and I are going to be joined in Hong Kong by Todd Sears, founder of out leadership. He's in the city for the Asia, senior leader summit ship, and he'll be discussing. With us some of the LGBT progress and perhaps regress live seen.
"rsm" Discussed on Bang the Book
"Like that is is that the way that you do it or do you just kind of, you know, take it as it comes. And then kind of do all the accounting and bookkeeping afterwards really more of the latter. I mean, I don't really every game on the board. Like, I I see a couple of, you know, people doing sometimes on social media with like, you know, in the fact that they're playing the games on all overnight or early morning lines. It's like, you know, hey, wait a minute. You know, maybe wait for the way, maybe wait for the markets and materialize on a couple of games. Maybe take a couple of overnights that you really right? And, you know, wait for the markets and materialize, or you know, you might not have an opinion that if it's not really strong on a game that doesn't mean you won't like, you know, a second half or something like that. I mean, sometimes they're a game that I had no interest in from a a pre game snap. In point. Then all of a sudden maybe something that has happened in the game. See, you know over little bit. Yeah. You know market. There's like tell so. So that you know, you kind of feel when you go you go with that. I mean, I'm not somebody that, you know, wants to limit to necessarily limit my place where it's like, hey, I'm only gonna play to today. I mean, you know, sometimes when you have really huge cars, and you have to be sixty games on the board. I mean, sometimes you might only have one, but sometimes you might have seven. I mean, so, you know, you really I think he's gotta take it as you go. I mean, that's the approach. I take. I it's spend about ten minutes or so here on the Gulf market 'cause I'm sure we've got some listeners tune into this segment specifically because they know that you, and I talked golf here. And this is the last full points out of the PGA tour season the RSM classics, but I want to compare and contrast a little bit here with you west the tournament on the European tour the DP world tour championship ties a phenomenal field. It is absolutely loaded. Not a lot of the sorry. US players like Dustin Johnson Rickie Fowler. Jordan speed those types of guys, but very very strong field. Compare that to the PGA tour field this week, which is extremely weak. Only one of the top thirty from last year's FedEx Cup playoffs are in there. That's patent because iron. He's also weighed on the board at ninety to one. So not a great field here for this tournament. We lost west. We'll get him back on the line here in a couple of seconds. But you know, this is something that you will find in the Gulf betting market is that you will find some of these turnament just don't. Have very good fields. You know, players set their schedules up based on the events that have the largest purses as well as the events that maybe have the most FedEx Cup points or the events that are on the stronger courses something like that as they got west back on the line here. But you know, the the thing I want to ask you about here is it you've got this really good European tour field this really weak PGA tour field what which kinds of events. Do you prefer to bed into the ones with the stronger fields or the ones with the weaker fields? I usually like the stronger fields, and I think one of the reasons to and I didn't even right this Adis up in my visa and calm this week just because of you know, time, but you've got a couple of other events this week attracting players you have the Australian Open where you have guys playing not avenge including a few PGA tour players, including I'm not from last week. And you've also got the dumb luck Phoenix on the Japan tour. Headlined by Brooks kept in Becky Nazi Yama. So it was really kind of I guess, you know, taking away a little bit from what are usually your traditional to two dominant tours DJ to the European tour. And then I mean, you look even in the European tour. Justin Rose, isn't even playing this week. And there's only two guys that can win the race to Dubai. It. Looks like it's gonna be Francesco mall..
"rsm" Discussed on Bang the Book
"Literally, you can make a bet and then go walk around and talk to the Gulf or you better. Yeah. I mean, you know, you mentioned some guys kinda down the board a little bit being good place here this week eleven of the last sixteen winter's here at this event. Our first time winners, so you know, maybe don't have that pedigree. I think a guy that you talk about a lot a guy that you definitely key in on with regularity. Maybe this is the week for walkie Neiman. You know, because again if history repeats itself here, maybe he is a guy that does, you know, get to the window so to speak in grab that first trophy. But you gotta like shake make sense. I mean, we're talking about you recent form, versus course, form stuff like that Checa a guy that nobody really thinks about in any other tournament, but he's been runner up twice here at TPC Summerlin. So okay. Those are the different types of angles that you want to look at when it comes to golf. Yeah. I mean, you know, this coach their home course. But they practice here. I mean, I made the biggest boneheaded mistake of my life this past summer. I was golfing other southern highlands. And we're getting ready to go deep sea off. And we're and then we're talking to the assistant bro at the counter when we're checking he was over. Yeah. Last week Kevin out here practices on the reins at. I get the driver. I think it was a pilot strike maybe at a top-flight contract. He's he's hitting the driver. So good on the marines. He said, I'm playing this. So he wins and got out of this contract is sponsored deal until I gotta do I'm playing this call. So he cancelled a sponsorship deal he's walking around with a that said so high then you're looking at the southern highlands. He had no sponsorship deal because he believes so much in that driver that he registration. I knew about it. The next week. He goes and wins the Greenbriar like eighty. You know? So there's something to be said for, you know, local knowledge course, knowledge of like some of these guys what Simpson a Martin layer. I think more layers in that vote to quell hollow you when those this in their home course, that stuff matters. And that will be an angle here in two weeks time with the event at sea island, Georgia they gets the RSM classic. I don't think it's changed any older for this year. But a lot of guys live in that area. I'm guessing brands Medicare. He George your guy. I think senators Matt Kuchar lives there too. I believe or lives in that area. You know, there are a few guys that you get the Florida events to you know, when we get those next year in March and whatnot, you know, those Florida events a lot of those hometown types of guys that I mean when they wanna go shoot around when they're taking a week off or something. That's the course they're gonna play. So well, yes, I'm thinking about it permits we tournaments eight weeks away at right, and you live there. But. We all know sit there and say they may play. That course, eight ten twelve times the eight weeks leading up to the one of the worst in golf I ever had..
"rsm" Discussed on Dose of Leadership
"Truly turned upside down with regards to how we use the web. And and how we live our lives. If you think about how far we've come in ten years. Those are the kinds of of things that we do all the time for our clients is try to figure out how do we make it? How do we help our clients? Make it easier for their customers to do business with them. So in the case of the ER, we were just making people feel better and make it a little bit easier about knowing that when I go to the ER they're going to be able to that yards going to be able to say, okay, what's your name? Oh, Mr. Ryerson, we've been we've been expecting you rate. So everything you talking about talking about the connection piece of it. You guys seem to. We've talked about Mike I've had multiple conversations about culture. You guys seem to understand their or latch onto that idea of cultures at one of your multiplayers talking about culture. We're we're just letting for punishment. Why you say that? Well, because you know, we talked about it all the time internally and more than talking about it. We've executed against it. You know? And so, you know, businesses if their growth businesses, and we've been fortunate to be in five thousand recipient twice it. We've done some things, right. We've been very lucky. We've also played a lot of business philosophy. You know? And so we think strategically like, okay. What are what our business core concept? Word the marketing strategies is a business that are going to get us to everyone be whether it's financial even just by way of you know, running a lifestyle business or a growth business. Yes, we're gonna take some challenges and structuring for where the market wants us to be with their buying. But at the same time, we know something Bruce you set. Everybody knows right. I mean culture eats strategy for breakfast. And we all hear that phrase when we talk about it. But but it's absolutely fundamental to us. And we practiced it in some really. Fundamental ways that I learned from a stint that I that I spent out at coke industries, and I went out to coke because I wanted to learn their culture, and I wanted to learn what made that place really special and one of the big things that I learned there which so hard to execute. When you when it comes down to it is to hire for values, not not for skills, if you can find somebody who's a great values match, and they happen to have the skills and experience men, that's home run. Absolutely. But but you know, we were having trouble early on. We didn't necessarily do that. We were growing really fast. We threw bodies onboard just you know, left and right didn't pay a lot of attention to it at the end of the year first year in business. We were by any means hugely successful. We had probably the third largest marketing firm in town. We were year old we had fourteen fifteen employees, which was a big deal from zero. And Mike, and I were absolutely miserable. And we looked at each other. And we literally talked about just shutting the whole damn thing down because we were like, this sucks. I hate this business. I hate being in it. I hate the people I work with I'm not having fun at all. Right. This sucks and over the next really cheese ninety one hundred and twenty days to reprocess of in some in many cases, self selection on the people's part who were working in the business, but also through some some terminations we we we ended up trading out. I don't know eighty percent of the people in the business, and we're very deliberate about who we were hiring. Why we were hiring them in a couple of cases one in particular. We hired somebody in a highly technical position with zero zero experience ever doing anything like that job. But they so fit the culture of who we were that we said, okay?.
"rsm" Discussed on Dose of Leadership
"Experience marketing director, and it someone that meets with you personally each week to get the work done. And that's what I love about them. Right. I mean, you can literally pick up the phone with these guys I've seen it happen with a client, and they'll be talking on the phone and within hours they'll be engaged in getting some work done, some some fundamental marketing. Task will be completed. They're basically an outsource marking department may think about it's an outsource market -partment a subscription based service with them. And I just find the complete unique because I mean companies all across the country are moving to this more efficient outsourcing model when you look at like, human resources, and accounting and everything else will they're doing it with marketing, and as an efficient marketing model, I love the company's been named twice to the Inc. Five thousand list, and I just love their story. Love their leadership journey love their their humble teachable spirit combined with intensity of will. You've heard me talk about that many times on this show that really is for me on a daily basis the sweet spot that I tried to obtain. On my own leadership journey and in my business and each business that I coach individuals that I coach it's that's always the goal to maintain this intensity of will coupled with a humble teachable spirit in where that diagram intersex. That's the sweet spot, and that's what we're always aiming for and I see that in both these individuals. And of course, with the company are marketing, I really think you joy this conversation. You'll learn a lot about marketing which also learn a lot about the leadership journey involved with these two entrepreneurs and leaders as well I've set up a link cold outsource marketing team dot com slash dose..
"rsm" Discussed on Marketplace All-in-One
"The most comprehensive measure of the american jobs market is due in about an hour and a half i'm david brancaccio in new york this morning it will be the december employment and unemployment reports from the labor department late summer hurricanes disrupted hiring in september then in october and november a rebound with over two hundred thousand jobs added in each of those months but his marketplace's mitchell hartmann reports that may be a tough pace to match in this new year with low unemployment it's getting harder for employers to fill jobs as a result says jet kalkoa add job site indeedcom i expect will see the monthly job growth continue to taper off slowly in 2018 as it has for several years job growth averaged two hundred and fifty thousand a month back in 2014 last year it was down to one hundred seventy four thousand a month though that still more than twice as many jobs as can be filled by young people entering the workforce coco says employers are settling for candidates with less education also more and more people are searching for jobs using terms like no background check joe bruce willis said consulting firm rsm says labor shortages are driving businesses towards cooked to should've technology or labor in order to make up those gaps bruce willis predicts businesses will spend some of the money they save from new corporate tax cuts on automation i mitchell hartmann for marketplace let's check the markets the footsie in london his up threetenths percent so far dow and sp futures that's a dow that's above 25000 this morning efforts rise of a hundred and fifty two point six tenthpercent yesterday 10year treasury yield is up a two point four six percent this is a tough flu season and you're seeing it in the number of hospitalizations according to cdc data researchers say it's a nasty strain of the virus this year from the helpdesk whyy in philadelphia marketplace's dan gorenstein reports.
"rsm" Discussed on WNYC 93.9 FM
"Jobs using terms life no background check joe bruce willis at consulting firm rsm says labor shortages are driving businesses towards the cooked to should've technology or labor in order to make up those gaps bruce willis predicts businesses will spend some of the money they save from new corporate tax cuts on automation i mitchell hartmann for marketplace let's check the markets the footsie in london his up threetenths percent so our dow and sp futures that's a dow that's above 25000 this morning efforts rise of a hundred and fifty two point six tenthpercent yesterday 10year treasury yield is up a two point four six percent this is a tough flu season and you're seeing it in the number of hospitalizations according to cdc data researchers say it's a nasty strain of the virus this year from the helpdesk whyy in philadelphia marketplace sedan gorenstein reports flu related house positions are at least double what they were in the winner of 2014 one of the roughest flew seasons recently one factor this year's flu shot may be less effective against the dominant flu strain out there the cdc's it matthew beggars staff says scientists are still learning what drives the severity of a flu season whether it affairs something with underlying population unity arthur some sort of factor with the weather to me there is not been a smoking gun with clear his cost bigger staff estimates hospitals will provide seven billion dollars in flu related care assuming costs mirror previous research finance this isn't great for hospitals says fred bentley with the consulting firm evelio purely economic standpoint it patient filling bed but those patients are typically low margin patients.