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Kelley School of Business Indiana University Bloomington
Kelley School of Business

Indiana’s Census 2020 results: Metro areas and minority populations fuel state’s growth

Posted on by George Vlahakis

 

More than half of counties lose population, according to analysis by Kelley’s Indiana Business Research Center

 

BLOOMINGTON, Ind. — Latest results from the 2020 Census show that Indiana’s population growth over the past decade largely was driven by gains in a handful of metropolitan areas and exclusively through gains among the state’s minority populations, according to analysis by the Indiana Business Research Center at Indiana University’s Kelley School of Business.

The 11-county Indianapolis-Carmel-Anderson metro lead the way by adding 223,163 residents between 2010 and 2020, an 11.8 percent increase. The Indy metro area’s numeric growth accounted for 74 percent of the state’s net population gain over this period.

With a population now at more than 2.1 million people, this central Indiana region’s share of the state’s total population increased from 29.1 percent in 2010 to 31.1 percent in 2020.

Other fast-growing metro areas in the state include Fort Wayne (7.6 percent growth), Columbus (7.1 percent), Lafayette (6.7 percent) and the Indiana portion of the Louisville metro (6.2 percent). The only Indiana metro areas to lose population over the decade are Muncie (-4.9 percent decline) and Terre Haute (-2.1 percent).

Matt Kinghorn head shot

Matt Kinghorn

“While many Indiana metro areas continue to grow, large swaths of the state — including most mid-sized and rural communities — saw a population decline between 2010 and 2020,” said Matthew Kinghorn, senior demographer at the IBRC. “All told, 49 of Indiana’s 92 counties lost population over this period. This represents the largest number of Indiana counties to show a decline between censuses since the 1980s.”

The 44 Indiana counties that are part of a metropolitan statistical area combined to grow by 6.3 percent over the past decade. Meanwhile, the state’s 48 non-metro counties as a group declined by -0.9 percent over the same period.

For Indiana as a whole, the state added 301,726 residents since 2010 — a 4.7 percent increase — and was home to nearly 6.8 million residents as of April 1, 2020.

The latest Census Bureau release provides Indiana officials with the data needed to redraw congressional and legislative districts. The IBRC is part of a national network of State Data Centers and acts as the official state representative to the Census Bureau on matters relating to the census and population estimates, with funding support from the Indiana Department of Workforce Development.

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Kelley course offers real-world experience working with brand managers at top companies

Posted on by George Vlahakis

Shopper checking list in supermarket aisle

Kelley students are helping brands connect their products with consumers

BLOOMINGTON, Ind. – Because of non-disclosure agreements, there’s a lot that Kelly King and her students can’t say specifically about what they did in the Indiana University Kelley School of Business course, “M-355, Brand Management Practicum.”

But that’s part of the unique experience offered through an undergraduate Kelley School course that is geared toward students’ career interests in the creative side of marketing, working as a brand manager or as a creative service provider.

Students get real-world branding experience in the class as they work with brand managers at top consumer package good companies, who are bringing new products to market with millions in annual sales worldwide on the line.

“I can’t tell you much about the projects, because they were new product development projects, which is super exciting when you’re in the world of brand management,” said King, an adjunct lecturer at the Kelley School and the IU Media School. “But it’s the most exciting experience you can have in my mind because you’re launching or exploring new products.”

Samantha Loeffler head shot

Samantha Loeffler

Students have worked with Samantha Loeffler, a brand manager at The Clorox Company and a Kelley graduate, who said she understands that excitement in her current professional role.

“These types of projects are extremely important because they give students the chance to exercise the knowledge they’ve gained in the classroom in a real-world project. There are many soft and hard skills that just need to be learned by doing,” said Loeffler, who earned a bachelor’s degree from Kelley in marketing and international business in 2013. “It also gives students a flavor for what this career is like on a daily basis and if it’s something they may be interested in pursuing.

“A critical lesson to learn when working at any company, but especially in the CPG industry, is that your decisions have to make sense for all stakeholders – the consumer, the retailer and the company,” she added. “Throughout the project. my students were challenged to think through their choices holistically and present a business case with rationale for all stakeholders.”

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Four members of the Biden administration’s climate strategy team to discuss specific implications for the Midwest

Posted on by George Vlahakis

BLOOMINGTON, Ind. – Kelly Eskew, clinical professor of business law and ethics at the Indiana University Kelley School of Business, will moderate a discussion July 19 with Sonia Aggarwal, White House policy advisor on climate and innovation, and give closing remarks for the Midwest Climate Summit’s program on new federal climate strategy and the role of Midwest.

Indiana University and Kelley are among more than 20 leading Midwestern higher education institutions, non-profits and local governments convening to develop a regional response to the climate crisis. Eskew is on the steering committee for the Midwest Climate Collaborative Planning Committee, which is organizing the event, being hosted by Washington University of St. Louis.

In addition to Aggarwal, other discussants will include Carla Frisch, acting executive director and principal deputy director of the U.S. Department of Energy Office of Policy; Andrew Wishnia, deputy assistant secretary for climate policy in the Office of the Assistant Secretary for Transportation Policy in the U.S. Department of Transportation; and Janet McCabe, deputy administrator of the U.S. Environmental Protection Agency.

Prior to rejoining EPA, McCabe was a Professor of Practice at Indiana University, director of the IU Environmental Resilience Institute and also a steering committee member of the Midwest Climate Collaborate Planning Committee.

The event will provide an opportunity for leaders from key departments in the new administration to share their vision with climate leaders in the Midwest.

Midwest Climate Summit activities began last fall with a series of workshops. Attending the program – being presented virtually from 11 a.m. to 12:30 p.m. CDT  — is complimentary and open to the public.

Support for the Midwest Climate Summit comes from Bloomberg Philanthropies. IU Bloomington and IUPUI are among the summit partners.

Kelley professor joins national committee studying U.S. medical product supply chain

Posted on by George Vlahakis

BLOOMINGTON, Ind. – George Ball, associate professor of operations and decision technologies and Weimer Faculty Fellow at the Indiana University Kelley School of Business, has been invited to join a national advisory committee studying the security of the U.S. medical product supply chain.

George Ball headshot

George Ball

The ad hoc committee, established by the National Academies of Sciences, Engineering and Medicine in response to the Coronavirus Aid, Relief and Economic Security (CARES) Act, has been tasked with assessing and evaluating the dependence of the United States on critical drugs and devices that are sourced or manufactured outside of the United States and provide recommendations to improve the resiliency of the medical supply chain.

“Recent disasters and health emergencies including, but not limited to COVID-19, have increased recognition of the fragility of the U.S. medical supply chain,” reads the study’s description. “In the past several years, consolidation, competition and the push for greater efficiency has led hospitals and healthcare systems to retain a more limited supply of drugs and medical devices on hand, adding additional stress to existing logistical challenges.

“Previous efforts have identified these supply chain issues generally as both a public health and national security risk, but only limited research has been conducted into the impact of shortages on patient care, the potential policy, regulatory and systems solutions that could help better prevent and mitigate the impact of shortages and the economic costs or incentives of implementing significant changes.”

“I am honored to have the opportunity to join this outstanding committee. Our work has important ramifications for U.S. public health.” Ball said.

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Ten students from Indiana chosen for prestigious Kelley Scholars scholarship program

Posted on by George Vlahakis

BLOOMINGTON, Ind. — Ten incoming Indiana University freshmen from across the Hoosier state have been selected as Kelley Scholars at the Kelley School of Business.

The Kelley Scholars, who intend to major in business at IU Bloomington, will receive standard tuition and fees, a stipend for living expenses and funding for academic activities such as overseas study.

The Kelley Scholars Program is funded by a multi-million-dollar gift from E.W. “Ed” Kelley and his family, made to IU in the fall of 1997. The university named its school of business for the Kelley family in acknowledgment of the gift.

This year’s class of Kelley Scholars was selected from a group of top students admitted to IU, who were invited to apply for the program because of their outstanding academic records. The application included references, a high school transcript, several personal statements on a variety of topics and an essay.

The 2021-2022 Kelley Scholars are:

  • Adam Yaggy, a graduate of Bishop Dwenger High School in Fort Wayne. He is a tennis Academic All-State and 4-time sectional champion. He has been highly involved in volunteer opportunities with more than 120 hours of community service, is a member of the National Honor Society and a self-taught pianist. He plans to major in management.
  • Andrew Eichstadt, a graduate of Northridge High School in Middlebury. He is a National Merit Scholarship semi-finalist and valedictorian. He has been involved in many extracurricular activities, including the Startup Moxie Elkhart County program and was vice president of student council. He plans to major in finance.
  • Ava Frank, a graduate of Fishers High School. She is a National Merit Scholarship semi-finalist and graduated summa cum laude. She has served on a variety of academic teams such as Quiz Bowl, Science Olympiad, Spell Bowl and was team captain for Academic Super Bowl Math Division. She plans on majoring in finance.
  • Carly Wiegel, a graduate of Park Tudor School. She is an AP Scholar with Honor and an inductee into the Cum Laude Society. She has been involved in Model UN, helped to conduct research on migraines and has served as a co-chair for the school’s Habitat for Humanity build. She plans to major in finance.
  • Ella Greenawald, a graduate of Carmel High School. She is a recipient of the 3-Dimensional Leadership Award and placed first at DECA’s state competition. She was four-year member of her high school softball team and member of her high school’s House of Representatives. She plans to major in finance.
  • Faith Peebles, a graduate of Greenwood Community High School. She served as her high school’s student body president and was on the Greenwood mayor’s Youth Council. In addition, she participated in cheer leading and track and field. She plans to major in marketing.
  • Maddie Kosc, a graduate of Carmel High School. She is an AP Scholar with Distinction and member of the National Honor Society. She has served on Carmel mayor’s Youth Council, participated in peer tutoring and was co-president of the Science of Caring organization. She plans to major in marketing.
  • Reagan Frank, a graduate of Fishers High School. She was salutatorian of her class and is a National Merit Semi-Finalist. She served as president of the Fishers High School Transfer Student Program and as team captain on the speech team. She plans to major in finance.
  • Ryder Stults, a graduate of Hamilton Southeastern High School. He is an AP Scholar with Distinction and was an international qualifier in the Indiana DECA State Competition last year. He was a finalist in the National Personal Finance Challenge this year. He also served as an executive board member of the Hamilton County Cooperative Extension. He plans to major in finance.
  • Sonya Vyas, a graduate of Center Grove High School. She is an AP Scholar with Distinction and member of the National Honor Society. Sonya has served as a Special Olympics volunteer, a varsity tennis player and was the president of Math Honor Society. She plans to major in management.

For more information about the Kelley Scholars Program, contact the Kelley School of Business, 812-855-4474 or ksbrsvp@indiana.edu.

Kelley School co-hosts international conference on tackling global sustainability challenges

Posted on by George Vlahakis

Smart factory and telecommunication network concept. abstract mixed media.

 

BLOOMINGTON, Ind. – Amid concerns over sustainability issues, ranging from climate change, widening inequality, to the global pandemic, the Indiana University Kelley School of Business served as co-host to the inaugural Conference on Innovations to Tackle Global Sustainability Challenges.

Stephanie Wang, assistant professor of international business and strategy, served as program chair. Jeff McMullen, the David H. Jacobs Chair in Strategic Entrepreneurship and professor of entrepreneurship, was one of the presenters. The IU Center for International Business Education and Research, housed in the Institute for International Business, organized the virtual conference along with CIBERs at George Washington University and the Georgia Institute of Technology.

Stephanie Wang headshot

Stephanie Wang

The theme of the conference on May 20-21 was “Innovations to Tackle Global Sustainable Challenges.” Panel topics included, “Organizational Sustainability Initiatives – Multinationals vs. Entrepreneurs,” “Corporate Social and Environmental Innovation” and “Corporate Sustainable Development – Developed vs. Emerging Markets Multinational Companies.” The closing panel focused on practitioners’ views – “what managers say.”

Wang said she felt very honored to serve as the program chair. “I am a firm believer that research should be not only scholarly rigorous but also managerially relevant,” she said. “Through our two-day conference, we were able to highlight this important research agenda, exchange ideas among scholars from different disciplines (one of the panels also included scholars in the natural sciences) and promote dialogues between scholars and practitioners.”

Nearly 200 people attended the conference via Zoom from locales all over the world.

We asked Wang and McMullen to summarize the conference and broader issues involving Corporate Social Responsibility through a Q&A: (more…)

Faculty remember their colleague Craig Holden, establish a doctoral fellowship in his memory

Posted on by George Vlahakis

Two men, Craig Holden and a graduate, pose for a picture at graduation

Craig Holden, left, shares a moment at commencement with one of his students, Lu Dong.

BLOOMINGTON, Ind. – Friends, family and colleagues of Craig Holden hope a new doctoral fellowship being established in his name will be a fitting way to honor his memory and his many valued contributions to the Finance Department at the Indiana University Kelley School of Business and to the profession.

Holden, a Kelley School faculty member for more than three decades, had led the department as its chair since 2018 and was the Gregg T. and Judith A. Summerville Chair of Finance when he died on April 3 at the age of 65.

“Craig was more than just a great researcher, teacher and administrator; he was a colleague and friend to so many in the Kelley School family.  Over his many years on the faculty, Craig contributed mightily to our school’s mission, and he reflected our school’s values,” said Idalene “Idie” Kesner, dean of the Kelley School and the Frank P. Popoff Chair in Strategic Management. “We will always be grateful to him for showing us what it means to be a true organizational citizen in service to our school and stakeholders.”

Sreeni Kamma, chairperson of finance graduate programs, associate professor of finance and the E-II Faculty Fellow, said the finance department lost a valued and collegial leader and mentor and that the finance profession lost a leading scholar and stalwart supporter of research collaboration.

“Craig was the mainstay of our doctoral program. He chaired over 22 doctoral dissertations and served in at least 40 other dissertation committees. Many doctoral students owed their future careers to him,” Kamma said. “Craig inspired not only their research but trained them to be good teachers as well. He was instrumental in starting the teaching seminar for doctoral students to help them become better teachers and taught the course himself for several years.

“His generosity in sharing research ideas, research strategies, data and computer programs, teaching materials and effective classroom skills helped jumpstart many careers,” Kamma added.  “His students now contribute to the profession from virtually all corners of the globe. Their contributions are a fitting testament to Craig’s legacy and will have a lasting impact.”

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Kelley School se une con el Global Gateway Network para lanzar una serie de conversaciones sobre investigación

Posted on by George Vlahakis

GUI (Graphical User Interface) concept. Cyberspace.

 

Editor’s note: This is a Spanish language version of the news release, “Kelley School partners with Global Gateway Network to launch research discussion series.”

BLOOMINGTON, Indiana – Desde sus inicios, la iniciativa Global Gateway de la Universidad de Indiana ha trabajado para extender la reputación de IU como líder en investigación y educación en todo el mundo, que continúa con una nueva serie de conversaciones lanzada el 25 de mayo por la Kelley School of Business.

Jeff Prince, presidente de Harold A. Poling en Gestión Estratégica y profesor de economía empresarial y políticas públicas, inaugurará la nueva serie de conversaciones sobre investigación de Kelley con una presentación virtual interactiva centrada en su estudio de investigación, “¿Cuánto vale la privacidad en Plataformas mundiales y de acceso?“.

Jeff Prince head shot

Jeff Prince

El IU Mexico Gateway será el anfitrión del primer evento de la serie. Con investigaciones que tienen un impacto global, la serie continuará trimestralmente en las oficinas de IU Global Gateway en Beijing, Berlín, Nueva Delhi y Bangkok. La inscripción para todos los eventos es gratuita y abierta al público.

“Nos complace asociarnos con IU Global Gateway Network para proporcionar una nueva plataforma internacional para que los profesores de Kelley demuestren su liderazgo intelectual en las muchas áreas de investigación de la escuela”, dijo Idalene Kesner, decana de Kelley School of Business y Frank P Cátedra Popoff de Gestión Estratégica. “Estos eventos también nos permiten reunir con regularidad a audiencias amplias y enfocadas en la región para discusiones significativas sobre la investigación de la Escuela Kelley que les será aplicable a medida que enfrentan desafíos inmediatos”.

Docentes de la Universidad Nacional Autónoma de México, donde se encuentra la oficina de IU Mexico Gateway, también participarán en una sesión de preguntas y respuestas. El evento del 25 de mayo comenzará al mediodía ET y contará con traducción en tiempo real entre español e inglés.

“Nuestros global gateways sirven para conectar a la comunidad de IU con muchas regiones del mundo”, dijo Ally Batten, director de la Red de Gateways Globales de IU. “Al crear un foro para compartir y discutir investigaciones de vanguardia y relevantes, la Serie de Discusión de Investigación de Kelley es una oportunidad maravillosa para participar en un amplio espectro de nuestros constituyentes internacionales, incluida nuestra comunidad global de exalumnos, profesores y estudiantes en universidades internacionales asociadas, negocios, gobiernos y ONG.

“Llevar contenido experto a una audiencia global también sirve a nuestra misión más amplia de elevar el perfil global de Indiana University como una institución de investigación líder, lo que a su vez fortalece nuestra capacidad para atraer a IU a los mejores y más brillantes estudiantes y académicos de todo el mundo”, agregó Batten. (more…)

Kelley School partners with Global Gateway Network to launch research discussion series

Posted on by George Vlahakis

GUI (Graphical User Interface) concept. Cyberspace.

 

BLOOMINGTON, Ind. — Since its inception, the Indiana University Global Gateway initiative has extended IU’s reputation as a leader in research and education worldwide. The initiative continues with a new discussion series being launched May 25 by the Kelley School of Business.

Jeff Prince, the Harold A. Poling Chair in Strategic Management and chair and professor of business economics and public policy, will inaugurate the Kelley Research Discussion Series by giving an interactive virtual presentation centered on his research study, “How Much Is Privacy Worth Around the World and Across Platforms.”

Jeff Prince head shot

Jeff Prince

“We are pleased to partner with the IU Global Gateway Network to provide a new international platform for Kelley faculty to demonstrate their thought leadership in the school’s many research areas,” said Idalene “Idie” Kesner, dean of the Kelley School of Business and the Frank P. Popoff Chair of Strategic Management. “These events also enable us to regularly bring together broad, regionally focused audiences for meaningful discussions on Kelley School research that will be applicable to them as they confront immediate challenges.”

Faculty from the Universidad Nacional Autónoma de México — where the IU Mexico Gateway office is housed — also will participate in a Q&A session. The May 25 event will begin at noon EDT and feature real-time translation between Spanish and English.

“Our global gateways serve to connect the IU community to the many regions of the world,” said Ally Batten, director of the IU Global Gateway Network. “By creating a forum to share and discuss cutting-edge and relevant research, the Kelley Research Discussion Series is a wonderful opportunity to engage across a wide spectrum of our international constituents, including our global alumni community, faculty and students at international partner universities, business, governments, and NGOs.

“Bringing expert content to a global audience also serves our broader mission to raise the global profile of Indiana University as a leading research institution, which in turn strengthens our ability to attract the best and brightest students and scholars from around the world to IU.”

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How does the job market look like for the Class of 2021 ? The answer: much better

Posted on by George Vlahakis

Three women, including a company, recruiter have a conversation while standing

 

Editor’s note: As the class of 2021 graduates this weekend and leaves the Indiana University Bloomington campus to embark on new challenges and careers, we asked Rebecca Cook, executive director of  undergraduate career services at the IU Kelley School of Business, to reflect on the current job market. She also offers insights into what summer internships may be like for current students.

Below are Cook’s thoughts:

“The summer of 2020 was a mess for student internships and full-time roles, with pretty much all either going virtual or, in the case of many internships, being cancelled altogether as companies tried to figure out business during the pandemic.  Luckily, the job outlook for both full-time roles and internships in May 2021 looks a lot different – and a lot better.

Rebecca Cook headshot

Rebecca Cook

“The job market is hopping right now with a significant number of internship and full-time opportunities, as companies open up and business grows. Industries such as professional services, technology, health care, manufacturing and financial services are all seeing significant upticks in job postings. Even companies hard-hit by the pandemic, such as retail and hospitality, are picking up their hiring.

“While hiring is back to pre-pandemic levels in many industries, the level of competition for those roles has increased significantly. In a normal year, the majority of job seekers are that year’s graduates. However, this year we have 2021 grads plus some 2020 grads who still are seeking plus those who went to graduate school to put off job hunting during the pandemic and are now graduating. This all leads to a much more competitive job market and one where a student needs to work to stand out from the crowd, particularly through networking and reaching out to potential connections at their companies of interest.

(more…)

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