Romain College of Business



Related College Links

Image is of Dean Mohammed Khayum

Dean's Perspective

Mohammed Khayum, Ph.D.
Dean of the Romain College of Business


Romain College of Business Reports, a newsletter

  • Milestones in the Romain College of Business — Summer 2013

    When the first university based business school was established in 1881, there were some stark challenges. Unlike law and medicine, business was not viewed as a profession. There was no generally accepted business curriculum and no professors of business. Today, business programs are so wide-spread that the challenge is to establish differentiation. Read the article in Reports Newsletter >>

  • What can established firms learn from startups? Parallels between startups and radical innovation projects — Winter 2013

    Startups in their efforts to create new products or services operate under extreme uncertainty. Two key characteristics are a mindset of experimentation and a willingness to fail. Read the article in Reports Newsletter >>

  • The analytics capability of organizations: A competitive advantage — Summer 2012

    A steady escalation in the volume of data and advances in information processing technology over the past two decades have created challenges for organizations including struggling to make sense of available data in spite of increased analysis capabilities, not having the information needed for major decisions at the right time or in the right format, or being swamped by more data than can possibly be deciphered and used. Read the article in Reports Newsletter >>

  • A proliferation of opportunities: designing transformational experiences — Winter 2012

    An economic experience reflects the combination of every interaction a consumer has with a provider during and after a transaction. Accordingly, experiences tend to be inherently personal. When a good or service is purchased, a spectrum of experiences may be encountered... Read the article >>

  • The challenge: explaining a business model — Spring 2011

    Whether explicitly stated or not, every organization has a business model — a description of how an organization creates, delivers, and captures value. Yet, it is often a challenge for companies to communicate their business models. Much of this has to do with the gap between understanding how a business makes money and a simple way of sharing that understanding with customers, employees, partners, and suppliers. Read the article >>

  • Collective intelligence through crowdsourcing — Summer 2010

    Crowdsourcing is the act of opening up a process to anyone (crowds) who wants to participate to “source” solutions to problems. While definitions and terms vary, the basic idea behind crowdsourcing is to tap into the collective intelligence of the public at large to complete tasks that an organization would normally perform itself or outsource to a thirdparty provider. Read the article >>

  • Making innovation scalable and repeatable — Winter 2010

    Innovation is widely recognized as an important source of economic progress and future business success. Yet, ample evidence indicates that most organizations and communities lack a process for making innovation scalable and repeatable. Read the article >>

  • Creativity—foundation for future prosperity — Summer 2009

    Creativity is often viewed as a rare quality associated with the particular personality or genius of a person.  Yet, the study of creativity over the past six decades has shown that it is possible to develop creative thinking within individuals.  Creative thinking has multiple dimensions, such as ability to make connections involving ideas and experiences to synthesize of generate new things... Read the article >>

  • What is your organization’s DNA? — Spring 2009

    Organizations face tremendous challenges in periods of economic turmoil. As we have witnessed during the course of the past year, there is considerable variation in the  ability of organizations to cope with changes in their business environment... Read the article >>

Indiana Business Review

  • Evansville forecast 2013 — Winter 2012

    Economic performance in 2012 highlights the complexity of making accurate forecasts even for relatively short time horizons. Errors in predicting turning points for key influences on economic activity such as business sentiment and personal consumption expenditures are critical illustrations of the complex forces that impact forecasting accuracy. Even as the national economy maintained an upward trajectory in output and employment during 2012, there have been noticeable changes in direction in consumer confidence, personal consumption expenditures and business investment between the first and third quarters of 2012. Read the article >>

  • Evansville forecast 2012 — Winter 2011

    Unease about the economy’s performance in 2011 and heightened concerns about the likelihood of a double-dip recession have raised fundamental questions about the role and impact of macroeconomic policies, our understanding of the driving forces behind the changing structure and dynamics of the U.S. economy, and the adjustment processes underlying consumer spending and business investment. At the same time, there is increased focus on investigating the relative influence of technological unemployment and wealth disparity on the trajectory of the economy over the past two decades. Read the article >>

  • Evansville forecast 2011 — Winter 2010

    While the Business Cycle Dating Committee of the National Bureau of Economic Research has determined that the 2007-2009 recession began in December 2007 and ended in June 2009,1 there is considerable variation across metro areas with regard to the timing, strength and persistence of the recovery. While previous post-World War II recessions ranged in length from six months to 16 months for the national economy (averaging about 10.5 months), the 2007-2009 recession was the longest recession in the postwar period at 18 months. In addition, it was the deepest recession in the postwar period: at their lowest points, employment fell by 6.1 percent and output fell by 4.1 percent.2 In comparison, employment fell by just over 5 percent and output fell by nearly 4 percent in the Evansville metro area. Read the article >>

  • Evansville forecast 2010 — Winter 2009

    During every recession over the past five decades, the Evansville metro economy has exhibited resiliency and a capacity to withstand the adverse impacts associated with national recessions. The recession that began at the end of 2007 is no exception. While the declines in output, employment, real income, and real retail sales intensified in 2009, the depth of these impacts are less pronounced in Evansville than in many other metro areas of similar size and structure. The dynamics of the Evansville area labor market underscore this with a drop in the non-seasonally adjusted unemployment rate from 8.6 percent in January 2009 to 7.6 percent in September 2009, compared with a rise in the national unemployment rate from 7.6 percent to 9.8 percent over the same time period. Read the article >>

  • Evansville forecast 2009 — Winter 2008

    In 2008, the Evansville economy was not immune to the volatility of financial markets and the slowdown in the national economy that arose after the emergence of the subprime mortgage crisis in early 2007. In 2008, nominal personal income is estimated to increase by 2.2 percent compared to an average annual growth rate of 4.5 percent between 2002 and 2007. Economic performance in 2008 was driven by job losses in key sectors, particularly in manufacturing, construction, and financial services. As a result, real gross metro product is estimated to increase by only 0.9 percent in 2008. Read the article >>

  • Evansville forecast 2008 — Winter 2007

    The Evansville economy continues to exhibit positive year-over-year growth. In 2007, personal income is estimated to increase by 5.6 percent compared to an average annual growth rate of 4.3 percent between 2002 and 2005 (see Figure 1). Economic performance in 2007 was driven by job creation in private service-providing industries, which outweighed weakness in manufacturing and retail trade. The manufacturing sector continues to be an important base to metro area household incomes and consumer spending activity, even as the economy diversifies away from manufacturing-industry dependence... Read the article >>

  • Evansville forecast 2007 — Winter 2006

    The Evansville economy continues to exhibit positive year-over-year growth. In 2006, personal income is estimated to increase by 5.75 percent compared to an average annual growth rate of 4.25 percent between 2001 and 2004 (see Figure 1). Economic performance in 2006 was driven by job creation in professional and business services, as well as in the leisure and hospitality sector. The manufacturing sector continues to be important to metro area household incomes and consumer spending activity—even as the economy adjusts to an ongoing diversification away from dependence on the manufacturing industry... Read the article >>

Evansville Business Journal

  • Economic fix hard to nail down — November 2009

    It's one thing to know you have a problem. It's another to know how to fix it... Read the article >>

  • Region needs to nurture, develop innovative businesses — February 2009

    Successful entrepreneurs take risks and organize resources to deliver a product or service demanded by the market.  According to the Global Entrepreneurship Monitor, entrepreneurship includes various phases, from the very early stage when the business is in gestation to the established phase and possibly the discontinuation of the business... Read the article >>

Global Business and Finance Review

  • The future of finance and financial economics — Spring 2009

    The last eighteen months have witnessed extraordinary financial market disruptions, a contagion of bank failures or near failures, an unprecedented loss of confidence in the global financial system, and wide-ranging strategies by governments of major economies to unlock credit markets and restore confidence in their respective banking systems... Read the article >>

PBS NewsHour Video

  • Revisiting Evansville, Two Years After Whirlpool's Move South including comments by Dean Khayum — October 28, 2011

    Two years ago, Whirlpool shuttered a factory in Evansville, Ind., and transferred production to Mexico after the implementation of the North American Free Trade Agreement. In this excerpt from "Need To Know," correspondent Rick Karr reports on what has happened in Evansville after the company's move south. View a video of the broadcast >>

Presentations, Interviews,
Discussions, and Videos

  • Henderson County Chamber of Commerce — December 8, 2011

    Dr. Mohammed Khayum, dean of the Romain College of Business at the University of Southern Indiana, was the featured speaker at the Henderson County Chamber of Commerce on December 8, 2011, for the Small Business Person of the Year Award. His ideas on the role that customer experience play in boosting a business's bottom line are exemplified by both award winners, Ruby Moon Vineyard & Winery and Independence Bank of Henderson County and therefore should be carefully considered by all entrepreneurs! View a video of the program >>

  • Economic Outlook Luncheon — November 14, 2011

    Download the PowerPoint presentation >>

    See a video of the discussion >>

  • Interview on region's 'brain drain' — September 4, 2011

    The topic of "brain drain" — the departure of the best and brightest young minds from our communities — is a top-of-mind issue throughout the Tri-State. If you think that's only a concern for communities such as Evansville, think again; young people are leaving smaller communities at an even higher rate. See a video of the interview >>

    Read a transcript of the interview >>

  • Economic Impact Workshop — July 19, 2011

    Download the PowerPoint presentation >>

    See a video of the interview >>

  • Economic Outlook Luncheon — November 16, 2010

    Download the PowerPoint presentation >>

  • Evansville 'resilient' through recession: professor — Evansville Courier & Press August 22, 2010

    Newsmakers interview with Dr. Mohammed Khayum, Dean of the School of Business at the University of Southern Indiana.

    Read the interview >>

    See a video of the interview >>

  • Indiana CPA Society’s  2008  CPAs in Business & Industry Conference held at Carmel, Indiana — June 25, 2008

    Download the PowerPoint presentation >>

  • Evansville Economic Outlook 2008 — November 12, 2007

    ...the likely performance of the Evansville metro economy in the next year will be impacted by the following strengths and challenges...low living costs relative to per capita income...stable economic environment which has prevailed for so many years...presence of a sizable and dynamic manufacturing sector...presence of robust logistics infrastructure... Download the PowerPoint presentation >>

    Read the speech >>

  • Evansville Economic Outlook 2007 — November 14, 2006

    Although the Evansville economy is one of the most manufacturing-dependent among metro areas in the nation, it has not experienced the same degree of hardship as other manufacturing-dependent Midwest metro areas... Read the speech >>

  • Developing innovative thinking — USI Magazine Fall 2006

    Dr. Mohammed Khayum wants students graduating from the University of Southern Indiana Romain College of Business to have the confidence and capability to think in an entrepreneurial way… Read the interview >>

  • The Evansville Regional Economy: Today's Strengths, Opportunities for Improvement, and Strategies to Outdistance our Competition — April 6, 2006

    I would like to highlight three themes that I believe have a bearing on the future prosperity of our region.  The first is the importance of infusing a sense of urgency at all levels of the community when it comes to decisions and actions pertaining to the future development of the regional economy, the second is a sharper focus on building on our strengths, and the third is a concerted effort to strengthen our entrepreneurial ecosystem—entrepreneurial meaning the pursuit of opportunity... Read the speech >>