Kelley School Launches Entrepreneurship Institute
The Kelley School of Business at Indiana University has announced its new Institute for Entrepreneurship and Competitive Enterprise within the Johnson Center for Entrepreneurship and Innovation. IU says funding for the institute’s launch came from a nearly $6 million gift from the Charles Koch Foundation. The school says the institute will enhance the research and teaching mission of the Johnson Center for Entrepreneurship and Innovation on the...
The 5-Stage Journey to Enterprise AI
We’ve all read the reports about artificial intelligence and its impact helping large organizations improve customer experiences, bolster security and tighten compliance. As business leaders consider AI remember putting cognitive computing to work is a process. Don't jump ahead or take short cuts. Before you dive in, make sure you understand where AI produces the best outcomes through this five-stage journey. A 2018 Harvard Business Review survey of 250 executives who are...
The Evolution of Mobile Phone Usage
Fifteen years ago, we owned several different gadgets to help us through the day, each offering a separate function. An iPod for music on the way into work, a GPS system to navigate our travels, a calculator to solve our problems, a computer to search the web, a television to watch the big game and a chunky mobile phone or landline to verbally communicate with the outside world. Today, we aren’t carrying several gadgets with us at all times. Instead, we now only need one device...
Mitigating Your Company’s Cybersecurity Risk
Frequently, I encounter people who think that a software developer understands all languages and can “fix” anything tech related. While that may be true for a few, areas of expertise within tech evolve as rapidly as the technology itself. For instance, there was a time (not long ago) when operating in the cloud was revolutionary. Today, it is considered best practices for some or all of an organization to function within a cloud. Managed information technology began with...
Gary Bank Partnership Awards First Microloan
The city of Gary is partnering with First Financial Bank to offer small business loans to local businesses who enter the Gary Micro-Enterprise Initiative. The city has named Joslyn Kelly, owner of J’s Breakfast Club, the first recipient of funding through the program.
Trucking CEO: Employees Don't Have to Love Trucking
When considering joining an organization, it’s likely that you’ll be asked what about the industry attracts you during the interview process. This is not a question I advocate for. Why? Because my organization is a tech company dedicated to the trucking industry. I understand that the industry we work in doesn’t necessarily inspire everyone. And that’s okay. The industry that a prospective employee is joining is far less important than the passion they have...
Grace College Completes ASPIRE Campaign
Grace College & Seminary President Bill Katip has announced that its ASPIRE Campaign has raised $38.5 million. The funds will support upkeep and expansion of the school’s programs, as well as athletic facilities including the college’s first-ever track and field complex.
Encouraging our New Tech Workforce
For the past ten years, I’ve worked at the same tech company and I joke that this might be some sort of record for a Millennial. In that time, I have watched Indiana’s tech landscape become more robust. In fact, across our state, there are thousands of tech jobs available right now. Wouldn’t it be amazing, if the forty thousand students graduating from high school in the next month, were to stay in Indiana and fill these tech jobs? Like many developers, I was...
Indiana's Rural Digital Divide is Real, But There Are Solutions
While the digital divide may be shrinking in the United States, it is getting wider in our nation’s rural communities, and this is costing these communities $47 billion a year, according to a recent study by the U.S. Chamber of Commerce and Amazon. With a rural population of roughly 22 percent, Indiana has reason to be concerned. The digital divide—a gap in access to information and communications technology— was generally seen as shrinking in recent years with the...
ISU Creates Center for Sport Medicine and Performance
Indiana State University’s College of Health and Human Services will serve student-athletes’ health care and performance needs through its new Center for Sports Medicine and Performance. The center will focus on providing independent medical care for improving athletes’ performance.
Why HR Should Embrace AI
With the increased introduction of artificial intelligence, many companies worry about its long-term effects. Although AI has been adopted by many industries, the common fear remains: Will AI eventually take over our jobs? Contrary to this belief, AI can be extremely beneficial in helping humans improve productivity at work,make their day-to-day tasks easier and allow more time for creative tasks only humans can perform. One department that can especially benefit from jumping on the...
New $3M Theater Planned For Shipshewana
Blue Gate Theatre has announced plans for a new, 1,500-seat theater space at the Blue Gate Performing Arts Center in Shipshewana. The company says it plans to break ground on the $3 million space before May, with construction expected to be complete by January. Blue Gate says its concert schedule, limitations of the current space and improving customer experience played key roles in the decision to build the new theater. Phil Heyerly, vice president and co-owner of...
The Impact of Predictive Analytics in Higher Education
While for many a college degree may be the golden ticket to a better job, this incentive alone isn’t enough to stop millions from dropping out of school or delaying graduation. In fact, some universities are experiencing freshman retention rates as low as 47 percent. On top of the incredibly high dropout rate, the affordability of college continues to be scrutinized. This has put universities under intense pressure to demonstrate a tangible return on investment for students and...
Taking Hyper-Growth and ROI in Key Sectors to The Next Level
The Governor and our Legislature have already invested in programs that are delivering over 100X returns to Hoosiers. Prior efforts of Governor Eric Holcomb and the Indiana General Assembly to invest in our workforce have already positively impacted the lives of many Hoosiers, while building upon a solid foundation for economic growth. The 2019 General Assembly has the opportunity to leverage this to achieve exponential growth for Indiana.
Grow Your Business In 2019, Another Year of Automation
Employees at the online retailer gasped when robots were introduced a little more than one year ago. They feared robots would replace all of them. Fortunately, their fears were totally unfounded. In fact, they discovered and developed a much more optimistic view of the future, not only for them, but for the entire company. Employees of Boxed, the online retailer were asking “What is going to happen to us?”
2018: A Year of Change For Indiana's Broadband
If you had asked me 10 years ago what the internet would look like in 2018, I’m certain I would not have predicted the major players driving internet usage today – primarily because those drivers were in their infancy at the time. Netflix, for example, had just launched an online streaming service in 2008 to complement its then-groundbreaking (and Blockbuster-destroying) DVD-by-mail service. Today, Netflix streaming consumes 15 percent of the world’s internet...
Big Data's Role in Site Selection
In the world of site selection, companies assess the pros and cons of various factors to identify the location that best fits their current and future business needs. The list may seem endless: labor availability, utility needs and costs, real estate options, tax climate, incentives, quality-of-life considerations, even an area’s weather patterns and the likelihood of natural disasters. With the emergence of big data and the use of data analytics in all facets of business...
Notre Dame to Offer Nonprofit Graduate Degree
The Mendoza College of Business at the University of Notre Dame has launched a graduate degree program aimed at developing nonprofit leaders skilled in business. The Notre Dame Master of Nonprofit Administration is a one-year residential program for students looking to enter the nonprofit sector directly out of college or a post-college nonprofit placement, such as the Peace Corps or Teach for America.
Angola Manufacturer Breaks Ground on Expansion
Angola-based Vestil Manufacturing Corp.'s growth plans are moving forward. The Steuben County Economic Development Corp. says the company has broken ground on its nearly $15 million expansion, which is expected to create up to 100 jobs by 2021. The project includes an 8,100-square-foot addition to one of its manufacturing plants and the construction of a 250,000-square-foot fulfillment center. Vestil Manufacturing announced the expansion plans in August.
Avoiding Accidental Franchise Pitfalls
Most people think they know a “franchise” when they see one—McDonald’s, Subway, 7-Eleven, Anytime Fitness, to name a few. However, there are some franchise relationships that are not so obvious. Many business relationships, including those in manufacturing and distribution, could easily become “accidental” franchises if companies are not careful.
Evansville Thermoplastics Company to be Acquired
Texas-based Celanese Corp. (NYSE: CE) has announced plans to acquire an Evansville-based company specializing in custom compounding of engineered thermoplastic materials. Financial terms of the deal for Omni Plastics were not disclosed, however Celanese expects the acquisition to close in the first quarter of 2018.
Reid Hospital Demo Bid Cuts Loan Need
Officials say plans to demolish the former Reid Hospital in Richmond are expected to move forward without a previously-requested source of funding. The Palladium-Item reports the city's Redevelopment Commission has approved a measure to fund the project itself after a previous estimate to take down and clean up the long-abandoned property turned out to cost more than twice what Indianapolis-based Renascent Inc. is set to officially bid.
Are you a Social Mediac?
You won’t find them in the dictionary and spell check doesn’t recognize them. However, I see them every day and have addressed them in workshops and retreats. You may even be one. What is it you may ask? I'm talking about a social mediac. Granted, social mediac is a term coined here, so when it gains traction, remember where you heard it! I can guarantee that we all know one, or may actually be one ourselves. For the point of this discussion...
An Investor's Perspective on the Real Value of Customer Success
If you are in the tech space in the Midwest, you not only know of Bill Godfrey, but you may have been lucky to reap the benefits of his counsel. He is not merely a substantial investor in SaaS companies in Indiana, but he is also a valued advisor about how to make key early-stage decisions that will impact the success and future valuation of a company. He knows what he knows based, in large part, on his own experience as a software executive at Software Artistry, and then again as...
Sparking Early Interest in Indy’s High-Tech Careers
Across Indianapolis, middle-schoolers are settling into the first weeks of the school year. As they tackle new lessons and grapple with their daily dose of homework, these students aren’t thinking about their place in Indiana’s future economy. That’s ok, because state policymakers are increasingly doing so. Keeping an eye on employment trends, it’s clear that Indiana needs a new generation of tech-savvy workers.
DevOps: It’s a Culture, Not a Tool
Amazon, Netflix and Facebook are large corporations that can all seemingly turn on a dime. They deploy thousands of lines of code a day to improve our customer experience thanks to a healthy DevOps culture. DevOps is not a software tool or a hired hand. It’s the way an IT team works collaboratively to ensure customer delivery without numerous manual gates, months of development and bloated change management policies. It’s what drives successful software delivery.
Indiana Is Lifting the Future of Flight
While on the floor of the Farnborough International Airshow, the world’s largest exhibition dedicated to the aviation industry, it was clear to international industry leaders that Indiana is propelling the future of aerospace and aviation. That’s because, from the unveiling of a new flight technology to the top companies exhibiting at the airshow, everything seemed to keep coming back to Indiana.
What The Internet of Things Means to Your Business
The technology world has forced to think about how we describe the multiple meanings associated with words and phrases. The mouse is something you click, not something that squeaks. A monitor is a computer display rather than someone in the hallway making sure you don’t skip class. SPAM is junk email, not something you eat while in college.
Tech Company Moving to Downtown Indy
An information security company headquartered on the north side of Indianapolis is adding to the growing list of tech companies relocating to the city's downtown. Pondurance LLC, will take up nearly 11,000 square feet of space that was previously used by Harrison College.
They Are Revolutionary, But Don't Call Them Drones
The public hates 'drones.' When most people think of them, they think of military air strikes. I challenge you instead to think of their many other uses. Most drones today are not being used as weapons of war, but for beneficial purposes in our society...
Overcoming The Biggest Barriers to Innovation
Innovation. As a key to competitiveness, everyone is seeking it. Following the typical business- mindset, most search for the process, the 7 easy steps to follow, to create innovation that has the greatest impact. But creativity lies at the heart of innovation.It is innovation's life's breath...