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MAKING HEADLINES

The St. Louis region and its companies often make national news. This column highlights some of the most recent headline grabbers.



St. Louisans Aren’t Just Good Sports. Above: The Sporting News recently selected St. Louis as “the best sports city” for 2000. The fourth annual survey was based on fan loyalty, quality of sports facilities, media attention and community support. Past cities named No. 1 include Denver, Detroit and New York.

This ranking follows a seven-page cover story in Sports Illustrated that names St. Louis as the “Best Baseball Town in America.” The feature story, which ran in the July 3 edition, notes “No other city boasts a more consistent, ceaselessly pleasant fan base than St. Louis.”

Baseball America magazine also named St. Louis the “Best Baseball City in America” last year.

Amdocs Makes Business Week’s IT 100 List

Amdocs Ltd. ranked 12th on Business Week magazine’s annual Information Technology (IT) 100 list of the world’s best performing IT companies.

Amdocs, which provides billing systems for telecom companies and Internet service providers, was the only St. Louis-based company to make the list.

The companies were ranked on shareholder return, return on equity, revenue growth and total returns. Amdocs posted $854 million in revenue and a $115.4 million profit for the 12 months measured by Business Week, a 70 percent growth in revenue. Return on equity was 29.4 percent, with a return to shareholders of 147.7 percent.

Local Movie Maker Offers Investment Strategies in Money

Eric Rhone, president and CEO of Black Swan Enterprises, Inc., and C&E Investment Group, both headquartered in St. Louis, was featured on a recent cover of Money magazine for his talent and financial investments that earned him the title “Millionaire in the Making.” The business publication profiled Rhone’s investment strategy, which has helped him reach millionaire status. Rhone took his first business risk when he left his job as a site administrator at Monsanto World Headquarters in 1993 to run Laff-A-Minute Productions, which handled the careers of several young comedians, including fellow St. Louisan Cedric “The Entertainer” and Darius Bradford.

“It was not a popular decision. My parents wondered why I would leave such a good job at Monsanto,” explains Rhone, who graduated with a degree in business administration from Lindenwood College in 1988. “Def Comedy Jam had just been created, and Chris Rock, Martin Lawrence, hadn’t really blown up yet.”

Rhone’s job change proved to be profitable. As his clients’ careers began to skyrocket, Rhone dove into the fast-paced, big-bucks world of movie making. (Black Swan will create and produce its first film in 2001). Plus, Rhone’s investments and the investment firm of C&E continue to grow.

“I’m interested in what I call ‘mailbox money.’ That’s money that comes directly to you in the mailbox,” says Rhone in the article.

With his current investment stake at $800,000, Rhone says two-thirds of the portfolio is made up of well-known firms including Wal-Mart, McDonald’s and Pfizer. He also has several high-tech stocks including Medlmmune, which has climbed 742 percent since he purchased it two years ago. Since 1996, Rhone’s portfolio has increased 72 percent.

His advice to investors: “Don’t dive in head first. Take your time. Avoid risk, and if you can’t afford to lose it, don’t invest it. Some stocks offer low return, but they don’t leave you exposed. You may lose, there is no guarantee,” he says.

Express Scripts' New HQ Conveys Ideals of Changing Health-Care Industry



Above: Christner Inc.'s design of Express Scripts'
new headquarters was recently featured in the
preview issue of Facilities Design & Management

The new 147,000-square-foot corporate headquarters interiors for Express Scripts, Inc., a fast-growing pharmacy benefits management firm, was featured in the NeoCon Preview Issue of Facilities Design & Management. Christner, Inc., an architectural, design and planning firm with which Express Scripts has had a long-term relationship, created the innovative corporate interiors displayed in the six-page article.

Basically, Christner, Inc. worked with senior management to reinvent the company and develop space standards to put all staff members in the facility on a more equal footing. In other words, de-emphasize hierarchy and promote communication. As a result, 75 percent of the new headquarters building is open-plan workstations.

An open three-story atrium staircase and central beverage and informal seating areas encourage flow throughout the space and set the tone for collaboration and teamwork. On the second floor, a special task force area provides a large open floor space equipped with highly flexible alternative office furnishings so that staffers can set up temporary workspaces for special projects.

"With today's technology, almost everything a person does in an office can be done at home," says Dan Jay, AIA, principal at Christner, Inc. "So the justification for maintaining a headquarters facility is to enable people to interact in various ways: supervisory, teaming, training, collaboratively." The article explains how today's work environment is different than the workplace a decade ago.

"In the '80s, companies didn't want people chatting at the water cooler," Jay adds. "But today, companies want employees to interact, so the building must serve that purpose at every opportunity. When you hear people talking-that's how you know that a corporate headquarters is doing what it needs to be doing."

UMSL and SLU Rank Among Top Nursing Graduate Schools


The Barnes College of Nursing at the University of Missouri–St. Louis and Saint Louis University rank as two of the best nursing graduate schools in the nation, according to U.S. News and World Report’s “2001 America’s Best Graduate Schools” guide.

Barnes College of Nursing and Saint Louis University are the two Missouri nursing schools to be named in the nursing master’s degree category, ranking 59 out of 175 nursing graduate schools in the country. The magazine’s rankings are based on surveys sent to deans, faculty and administrators of the nation’s accredited nursing schools with graduate programs. Respondents were asked to rate each school according to its reputation for scholarship, curriculum and the quality of faculty and graduate students.

Under health disciplines, Washington University ranked sixth out of 27 in audiology; 12 out of 16 in health services administration; third out of nine in occupational therapy; and first out of 16 in physical therapy.

 

 

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COVER STORY
Toy Titan

PROFILE
James F. O’Donnell III Chairman and CEO Capital For Business

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