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Fall 2017

School of Business and Economics
Business Connections
Cynthia Roberts, Dean at the School of Business and Education
Dean's Message
Welcome to our First Edition!
I am delighted to have the opportunity to share with you some of the great things going on in the School of Business and Economics. As I reflect back upon my first year as Dean, I am most proud of the work that our team has done to craft a new strategic plan. Aimed at meeting the needs of our region, our mission and strategic goals are focused on enhancing student success, valuing and developing our people, fostering inclusion, and engaging in meaningful ways with our business community. Many new initiatives have been started already as you will see below. Our newsletter will be one way of letting you know of some of the noteworthy accomplishments of faculty, staff, and students. You can also learn more by following us on Facebook and LinkedIn.

MBA students working together as a team
MBA program expands to LaPorte county
In order to serve our region more fully, we will be starting our popular Saturday MBA program for working professionals in Michigan City this spring. Applications are now being accepted for a January start date. For more information, please see Weekend MBA for Professionals.

picture of William and Leslie Nelson
William and Leslie Nelson Trading Floor Dedication
On October 17th we celebrated the dedication of the William and Leslie Nelson Trading Floor. The Trading Floor’s renaming is the result of a significant gift given by long-time faculty member and colleague, Dr. William “Bill” Nelson and his wife, Leslie, also an educator. The Nelsons’ philanthropy will help ensure that students continue to have access to a resource unique to this region. The Nelsons’ gift builds upon their original contribution, which established the Nelson Family Student Managed Investment Fund. This fund provides the financial capital that allows students to manage a real stock market portfolio. Over the course of a semester, students use the state-of-the-art financial software of the Trading Floor to conduct their research using multiple analyses, ultimately resulting in recommendations for the portfolio.
picture of a student
Congratulations STARS!
picture students
In order to help our new students feel more connected to our campus, we are in the process of piloting STARS (Students Together Achieving and Reaching Success), a peer mentoring program which partners a more experienced student with a first-time freshman. Under the direction of Helen Marie Harmon, students work together through various activities while sharing hopes, fears, aspirations, and advice in an effort to reduce some of the stress associated with adjusting to college. Studies have shown that the more a student feels a part of campus, the more likely they are to succeed. A group of our mentors presented their program at the National Mentoring Symposium in Indianapolis and their poster was voted best overall. We are very proud of their accomplishments!
Research Reviews
picture of Professors Charlie Hobson, Andrea Griffin and Jana Szostek
Identifying the Specific Behaviors that Define Teamwork
(as featured in Business Education Innovation Journal by Charlie Hobson, Jana Szostek, Andrea Griffin, Derek Lusk, Krysta Rydecki) In this paper, our colleagues propose a comprehensive model of teamwork that identifies behaviors promoting effective performance. The framework sets forth four major areas of focus: task completion, effective communication, relationship management, and disagreement management. It can be utilized by educators, coaches or anyone interested in building a positive and productive team. To learn more: Business Education Innovation Journal

picture of William and Leslie Nelson
Northwest Indiana Coincident Index
Did you know that we have an up to date measure of how the economy is doing? Two of our professors, Dr. Bala Arshanapalli and Dr. Micah Pollak have developed the Northwest Indiana Coincident Index. The monthly release provides a snapshot of the health of the economy in the region and a forecast of growth over the next six months.The most recent data can be found here: NWI Economic Data. During the Chancellor's Commission luncheon in October, Dr. Pollak presented a great overview of how the index was derived as well as a look to the future. Since 2007, the region's economy has grown by about 1.2% annually. Although the trend is positive, the rate is slower than that of the state and nation. He projects the economy to grow by 2% in 2018. His full presentation can be viewed here, IU Scholarworks
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Indiana University Northwest
School of Business and Economics
3400 Broadway
Gary, IN 46408
This e-mail was sent by the School of Business and Economics at Indiana University Northwest.