-
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 >>
Making the connection from accomplishments to impact — Summer 2008
As we celebrate the accomplishments of our graduates and wish them
success in their future endeavors, we encourage them to maintain a focus
on the connection between their accomplishments and the impact
of these accomplishments on their personal, professional, and community
development. Read the article >>
Delivering superior performance over the long haul — Winter 2008
A major difference between the good and the great organizations is that the
great ones have discovered that clear, simple operational concept which guides
their choices and creates a culture of discipline—in thought and
action—amid tremendous change and the turbulence surrounding intensifying
global competition.
Read the article >>
Establishing enduring relationships with graduates — Summer 2007
At USI Commencement in May, 309 degrees—277 undergraduate degrees, 26
M.B.A. degrees, and six post-baccalaureate certificates—were awarded
to College of Business students. This accounted for almost 24
percent of the total number of USI graduates in spring 2007. Based
on past patterns, more than 70 percent of these graduates are likely
to be employed within a 60-mile radius of the University.
Read the article >>
Recognizing opportunities and creating value — Winter 2007
Entrepreneurial thinking is a powerful source of new
ideas, methods, services, products, technologies, and markets. Key
aspects of the entrepreneurial mindset are the use of imagination,
spontaneity, risk-taking, and salesmanship to recognize and take
advantage of opportunities. As the College of Business focuses on
attracting, generating, and mobilizing talent, it will play a role in
establishing a climate that is inclusive of entrepreneurial thinking
and, thus, of new ideas.
Read the article >>
Share the pride of College of Business accomplishments — Summer 2006
As we celebrate the accomplishments of our graduates
and wish them success in their future endeavors, we know from past
patterns that about 79 percent of them will reside and work within a
60-mile radius of USI and, as a consequence, share a common interest in
ensuring that community-based initiatives associated with the College of
Business become successful...
Read the article >>
New dean Mohammed Khayum addresses challenges and opportunities — Winter 2006
...the college will concentrate on maintaining the high standards and the
posture of continuous improvement that led to the attainment of
accreditation by AACSB — The Association to Advance Collegiate Schools of
Business...
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 >>
-
Henderson County Chamber of Commerce — December 8, 2011
Dr. Mohammed Khayum, dean of the 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 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 >>