The United Kingdom’s surprising June 23 vote to leave the European Union — often known as the EU — likely will reverberate around the world over the months and years to come.
Ronald McNeil, dean of the University of Illinois Springfield College of Business and Management since 2002, has traveled extensively to Europe, China and Asia. He also is the PNC Distinguished Professor in Banking and Finance at UIS.
He previously was dean of the Sullivan College of Business at the University of Massachusetts Dartmouth from 1992-2002 and associate dean of the Georgia State University College of Business before that.
A consultant to major companies including utilities, the oil and gas industry, the chemical industry and others, McNeil lived in England for two years and has a degree from there, as well as one from Canada.
We asked him about some of the ramifications of Brexit, as the British exit from the EU is called.
The full interview was published in The State Journal-Register on July 3, 2016.
Read the full interview online.
Showing posts with label College of Business and Management. Show all posts
Showing posts with label College of Business and Management. Show all posts
Tuesday, July 5, 2016
Friday, May 6, 2016
Job market outlook for 2016 graduates
Graduation is quickly approaching for many college students. For those students trying to find full time jobs, it can be a challenge and overwhelming experience.
One week before graduation, students on the University of Illinois Springfield campus are busy, all of them studying for finals and some preparing to hit the workforce.
"Long term, I want to be a police officer in Chicago," said Janet Howell who is a senior at UIS.
Howell has yet to land the job. She's already taken her entrance exam and the results could take years. In the meantime, she's moving back in with mom and dad.
Reports show almost 40 percent of Americans have college degrees. That's why Ron McNeil, UIS dean of the College of Business and Management, says you've got to make yourself more appealing during the application process.
"In academia, we teach too much book knowledge. There's not enough real world knowledge. To be competitive, you need real world knowledge," said McNeil.
The story was reported by Fox Illinois on May 5, 2016.
Watch the story online.
One week before graduation, students on the University of Illinois Springfield campus are busy, all of them studying for finals and some preparing to hit the workforce.
"Long term, I want to be a police officer in Chicago," said Janet Howell who is a senior at UIS.
Howell has yet to land the job. She's already taken her entrance exam and the results could take years. In the meantime, she's moving back in with mom and dad.
Reports show almost 40 percent of Americans have college degrees. That's why Ron McNeil, UIS dean of the College of Business and Management, says you've got to make yourself more appealing during the application process.
"In academia, we teach too much book knowledge. There's not enough real world knowledge. To be competitive, you need real world knowledge," said McNeil.
The story was reported by Fox Illinois on May 5, 2016.
Watch the story online.
Wednesday, October 30, 2013
UIS Peoria Center to offer graduate level courses
Community leaders' efforts to establish a four-year public university in Downtown Peoria are beginning to bear fruit. At least the seeds are beginning to sprout.
The University of Illinois at Springfield expects to launch graduate classes in health-care administration this summer at the school's Peoria Center, based at Illinois Central College's Perley Building in the Downtown.
UIS is also exploring offering undergraduate classes in computer science and an MBA program for teachers at the Downtown campus. Last week, UIS Peoria Center expanded its offices to take up the entire second floor of the Perley Building and added more classroom space on the third floor.
"We're expanding our programs and expanding our space," said Joyce Shotick, the new director of UIS Peoria Center.
UIS currently offers an accelerated MBA program at the Peoria Center along with graduate certificate programs in human resource management, information technology project management, entrepreneurship, business intelligence and business process management.
Informational sessions on the MBA program will be at 5:30 p.m. Nov. 14 and Nov. 19 at the Perley Building, 115 SW Adams.
Shotick said UIS Peoria Center could begin offering undergraduate classes in computer science by the summer of 2014. "We're trying to see what kind of demand there is," she said.
The story was featured by the Peoria Journal Star on October 30, 2013.
Read the story online
The University of Illinois at Springfield expects to launch graduate classes in health-care administration this summer at the school's Peoria Center, based at Illinois Central College's Perley Building in the Downtown.
UIS is also exploring offering undergraduate classes in computer science and an MBA program for teachers at the Downtown campus. Last week, UIS Peoria Center expanded its offices to take up the entire second floor of the Perley Building and added more classroom space on the third floor.
"We're expanding our programs and expanding our space," said Joyce Shotick, the new director of UIS Peoria Center.
UIS currently offers an accelerated MBA program at the Peoria Center along with graduate certificate programs in human resource management, information technology project management, entrepreneurship, business intelligence and business process management.
Informational sessions on the MBA program will be at 5:30 p.m. Nov. 14 and Nov. 19 at the Perley Building, 115 SW Adams.
Shotick said UIS Peoria Center could begin offering undergraduate classes in computer science by the summer of 2014. "We're trying to see what kind of demand there is," she said.
The story was featured by the Peoria Journal Star on October 30, 2013.
Read the story online
Tuesday, October 22, 2013
Carl Sandburg College signs partnership with UIS
Carl Sandburg College students pursuing a career in accounting and business administration now have an opportunity to transfer seamlessly to the University of Illinois Springfield-Peoria Center after graduating with an associate degree.
The partnership was made official Monday as CSC president Lori Sundberg and UIS Dean of the College of Business and Management Ronald McNeil signed the agreement simultaneously.
Under the agreement, students who graduate CSC with an associate degree are eligible to utilize the partnership and complete their bachelor’s degree in accounting or business administration in just two more years.
“Education is essential today,” McNeil said. “It’s the only way any student, or anybody, can survive, and what you do is great ... because you have support mechanisms that are great for students.”
The story was reported by the Galesburg Register-Mail on October 22, 2013.
Read the article online
The partnership was made official Monday as CSC president Lori Sundberg and UIS Dean of the College of Business and Management Ronald McNeil signed the agreement simultaneously.
Under the agreement, students who graduate CSC with an associate degree are eligible to utilize the partnership and complete their bachelor’s degree in accounting or business administration in just two more years.
“Education is essential today,” McNeil said. “It’s the only way any student, or anybody, can survive, and what you do is great ... because you have support mechanisms that are great for students.”
The story was reported by the Galesburg Register-Mail on October 22, 2013.
Read the article online
Monday, July 1, 2013
New class aims to develop entrepreneurship
Nineteen area high school seniors have been selected to take part in an innovative new course designed to introduce entrepreneurship to teenagers.
The first class of the Sangamon County CEO program was announced Wednesday. Among the class are seniors from all three Springfield public high schools and Sacred Heart-Griffin, Auburn, Rochester and Tri-City high schools.
The program, which began in Effingham County, was brought to Sangamon County “by local business and community leaders unsatisfied with traditional educational and economic development approaches and outcomes,” according to information about the program.
Program chair Bruce Sommer, business owner and business management professor at the University of Illinois Springfield, said the rigorous curriculum will be unlike any high school-, or even many college-level, courses."
The program was featured by The State Journal-Register on July 1, 2013.
Read the article online
The first class of the Sangamon County CEO program was announced Wednesday. Among the class are seniors from all three Springfield public high schools and Sacred Heart-Griffin, Auburn, Rochester and Tri-City high schools.
The program, which began in Effingham County, was brought to Sangamon County “by local business and community leaders unsatisfied with traditional educational and economic development approaches and outcomes,” according to information about the program.
Program chair Bruce Sommer, business owner and business management professor at the University of Illinois Springfield, said the rigorous curriculum will be unlike any high school-, or even many college-level, courses."
The program was featured by The State Journal-Register on July 1, 2013.
Read the article online
Tuesday, April 16, 2013
Topinka says tax dollars paying for debt
Monday is the last day to file taxes. You might wonder where your money goes. The Illinois Comptroller says, "down the drain."
Judy Baar Topinka says taxpayers see nothing in return and their money is going toward interest owed on unpaid bills; and the debt continues climbing year after year.
The state owes a lot of money to a lot of people. That's frustrating for Frances Chaplain. She works at UIS.
"There's no light at the end of the tunnel for it to stop, because every time you see something in the paper, it's just getting deeper and deeper every time," said Chaplain.
The state is working to pay down all that debt and is using your tax dollars to do it. So far this year, $47-million has been spent on interest alone; last year, about $86-million.
"The $86-million could go to the pension fund. It could go to human services. It could go toward building highways. Where does it go? To pay debt," said Ron McNeil, dean of the UIS College of Business and Management.
The story aired on WCIA-TV on April 15, 2013.
Watch the story online
Judy Baar Topinka says taxpayers see nothing in return and their money is going toward interest owed on unpaid bills; and the debt continues climbing year after year.
The state owes a lot of money to a lot of people. That's frustrating for Frances Chaplain. She works at UIS.
"There's no light at the end of the tunnel for it to stop, because every time you see something in the paper, it's just getting deeper and deeper every time," said Chaplain.
The state is working to pay down all that debt and is using your tax dollars to do it. So far this year, $47-million has been spent on interest alone; last year, about $86-million.
"The $86-million could go to the pension fund. It could go to human services. It could go toward building highways. Where does it go? To pay debt," said Ron McNeil, dean of the UIS College of Business and Management.
The story aired on WCIA-TV on April 15, 2013.
Watch the story online
Thursday, March 14, 2013
Difficult time for employers and job seekers
Niki Kersey, 26, of Springfield graduated from the University of Illinois Springfield in May of 2011 with a bachelor’s degree in business administration. Her job search only just recently bore fruit.
“I chose business administration because it was a catch-all, and I thought I’d always be able to find a job in it,” Kersey said. “But I was wrong. It seems business administration is not specific enough for most places to work; they want something more catered and less general.”
A large contingent of fellow job seekers makes matters more difficult, and that is not a recent development, according to Melanie Trimm, employment services manager for the University of Illinois Springfield.
“We have received a large amount of applicants for the past several years, so that’s not a new thing for us,” said Trimm, “What we are seeing most recently is the number of civil service exams our applicants are requesting. That’s been increasing quite a bit.
“Quite often you’ll see an applicant interested in testing only for a position that is currently vacant, but now they may ask to take any and every exam they may qualify for,” Trimm said.
The story was reported in the Springfield Business Journal in March 2013.
Read the story online
“I chose business administration because it was a catch-all, and I thought I’d always be able to find a job in it,” Kersey said. “But I was wrong. It seems business administration is not specific enough for most places to work; they want something more catered and less general.”
A large contingent of fellow job seekers makes matters more difficult, and that is not a recent development, according to Melanie Trimm, employment services manager for the University of Illinois Springfield.
“We have received a large amount of applicants for the past several years, so that’s not a new thing for us,” said Trimm, “What we are seeing most recently is the number of civil service exams our applicants are requesting. That’s been increasing quite a bit.
“Quite often you’ll see an applicant interested in testing only for a position that is currently vacant, but now they may ask to take any and every exam they may qualify for,” Trimm said.
The story was reported in the Springfield Business Journal in March 2013.
Read the story online
Monday, December 17, 2012
Traditional holiday-time employee bonuses fading away
Donna Rogers, an instructor at the University of Illinois Springfield’s College of Business and Management, said there has been a marked shift in the business world from benevolent gifts to merit-based bonuses.
For starters, she said it protects companies from discrimination allegations for celebrating a religious-based holiday. But it also reinforces good work habits.
“Corporations and larger organizations are getting rid of (holiday bonuses) and making it more business oriented, whether related to the profit of the company where everyone shares or strictly performance based,” Rogers said. “It focuses more on identifying those high-performers working hard.
“It hurts morale when those individuals get the same benefit as the people sitting on their butts not doing anything.”
Rogers was featured by the State Journal-Register on December 16, 2012.
Read the article online
For starters, she said it protects companies from discrimination allegations for celebrating a religious-based holiday. But it also reinforces good work habits.
“Corporations and larger organizations are getting rid of (holiday bonuses) and making it more business oriented, whether related to the profit of the company where everyone shares or strictly performance based,” Rogers said. “It focuses more on identifying those high-performers working hard.
“It hurts morale when those individuals get the same benefit as the people sitting on their butts not doing anything.”
Rogers was featured by the State Journal-Register on December 16, 2012.
Read the article online
Tuesday, February 7, 2012
Employment rate for Illinois teens at lowest point in 42 years
University of Illinois Springfield administrator Dyanne Ferk cautioned against assuming that unemployment numbers mirror employment figures.
“A 25 percent employment rate doesn’t mean 75 percent are unemployed and looking for work,” said Ferk, associate dean of the College of Business and Management at UIS.
“You are not going to get from this report how many teens are looking and can’t find a job. I’m sure there are some. I’m also sure there are teens too busy with speech and sports and part of the underground economy getting paid cash baby-sitting.”
Ferk's comments were featured in an February 7, 2012, article in The State Journal-Register.
Read the article online
“A 25 percent employment rate doesn’t mean 75 percent are unemployed and looking for work,” said Ferk, associate dean of the College of Business and Management at UIS.
“You are not going to get from this report how many teens are looking and can’t find a job. I’m sure there are some. I’m also sure there are teens too busy with speech and sports and part of the underground economy getting paid cash baby-sitting.”
Ferk's comments were featured in an February 7, 2012, article in The State Journal-Register.
Read the article online
Friday, August 12, 2011
UI-Springfield finalizes course transfer agreements
The University of Illinois-Springfield has finalized transfer agreements with four community colleges in Illinois, including Parkland.
The new agreements are also with Illinois Valley Community College (Oglesby), Lake Land College (Mattoon), and Southwestern Illinois College (Belleville).
The partnership will make it easier for students enrolled in accountancy, business administration, economics, management, and management information systems programs to transfer to UIS.
"These agreements serve as an effective 'road map' for the students who want to earn their undergraduate degree in a timely manner," Raymond Barnett, UIS transfer coordinator, said in a press release.
The agreements were featured in an August 12, 2011, article in the Champaign News-Gazette.
Read the article online
The new agreements are also with Illinois Valley Community College (Oglesby), Lake Land College (Mattoon), and Southwestern Illinois College (Belleville).
The partnership will make it easier for students enrolled in accountancy, business administration, economics, management, and management information systems programs to transfer to UIS.
"These agreements serve as an effective 'road map' for the students who want to earn their undergraduate degree in a timely manner," Raymond Barnett, UIS transfer coordinator, said in a press release.
The agreements were featured in an August 12, 2011, article in the Champaign News-Gazette.
Read the article online
Thursday, July 28, 2011
Improving Springfield's future in the global economy
Ranjan Karri, an associate professor of management at the University of Illinois at Springfield, told the Citizens Club audience that Springfield should court Internet technology companies and similar businesses as a way to expand the city’s service sector and keep young workers from moving away to larger cities. He says small cities that are ranked as the best places to live generally have in common universities, strong service sectors and military bases, or a combination of the three.
“I also believe that there’s something else going on for these small cities,” Karri said. “There’s something called building an identity, building some kind of pride. It’s not enough for mayors or chambers of commerce to bring in jobs.... People have to feel that we have an identity.”
It’s not enough to be known as a city full of state workers or a city centered on Abraham Lincoln, Karri says, adding that building a broader identity requires cooperation.
Karri was featured in an July 28, 2011, article by the Illinois Times.
Read the story online
“I also believe that there’s something else going on for these small cities,” Karri said. “There’s something called building an identity, building some kind of pride. It’s not enough for mayors or chambers of commerce to bring in jobs.... People have to feel that we have an identity.”
It’s not enough to be known as a city full of state workers or a city centered on Abraham Lincoln, Karri says, adding that building a broader identity requires cooperation.
Karri was featured in an July 28, 2011, article by the Illinois Times.
Read the story online
Tuesday, July 26, 2011
Hot weather hits pocketbooks
The hot weather is straining already strapped wallets. The cost of keeping cool is cutting down on what people are able to spend on other expenses, including food.
Ron McNeil is the dean of UIS’ College of Business and Management. He says a sluggish economy is already forcing people to eat at restaurants less, buy fewer clothes, and cut back on travel.
McNeil was featured in an July 25, 2011, report by WICS-TV 20.
Watch the story online
Ron McNeil is the dean of UIS’ College of Business and Management. He says a sluggish economy is already forcing people to eat at restaurants less, buy fewer clothes, and cut back on travel.
McNeil was featured in an July 25, 2011, report by WICS-TV 20.
Watch the story online
Wednesday, July 20, 2011
Online program at UIS is nationally recognized
The University of Illinois Springfield’s Online Bachelor of Business Administration (BBA) program has been ranked fourth on a national list of the Top 10 Online BBA Degree Programs of 2011.
The ranking was conducted by the website The Best Colleges, which evaluates programs according to reputation, accreditation, student satisfaction, and cost.
The online BBA degree completion program is administered by the UIS College of Business and Management, and is identical to the school’s on-campus BBA, except for the admissions process.
The ranking was featured by WSOY radio in an July 19, 2011 report.
Read the story online
The ranking was conducted by the website The Best Colleges, which evaluates programs according to reputation, accreditation, student satisfaction, and cost.
The online BBA degree completion program is administered by the UIS College of Business and Management, and is identical to the school’s on-campus BBA, except for the admissions process.
The ranking was featured by WSOY radio in an July 19, 2011 report.
Read the story online
Monday, March 14, 2011
Efficiency commission accused of being inefficient
Sangamon County’s planned Citizen’s Efficiency Commission probably will have to break up into smaller groups if it wants to operate efficiently, a University of Illinois Springfield business professor said.
The goal of the 23-member panel, which is to be created after the April 5 election, is to find ways for local governments in Sangamon County to work together and save tax money.
But it’s probably too big to live up to its name, said Dyanne Ferk, associate dean of the business college at UIS. That means subcommittees might have to do much of the spadework, she said.
“The literature on the performance of groups is that if you get over 12 people, they aren’t very productive in reaching a decision,” Ferk said. “With 23 people, it will take a while to get a consensus.”
Voters approved creation of the Citizens Efficiency Commission in November. It will be made up of representatives from all of the taxing districts in Sangamon County, and members will look for more efficient ways to deliver government services. Suggestions could include joint purchasing or even governmental mergers.
Ferk's comments were featured in a March 14, 2011, article in The State Journal-Register.
Download a PDF of the article
The goal of the 23-member panel, which is to be created after the April 5 election, is to find ways for local governments in Sangamon County to work together and save tax money.
But it’s probably too big to live up to its name, said Dyanne Ferk, associate dean of the business college at UIS. That means subcommittees might have to do much of the spadework, she said.
“The literature on the performance of groups is that if you get over 12 people, they aren’t very productive in reaching a decision,” Ferk said. “With 23 people, it will take a while to get a consensus.”
Voters approved creation of the Citizens Efficiency Commission in November. It will be made up of representatives from all of the taxing districts in Sangamon County, and members will look for more efficient ways to deliver government services. Suggestions could include joint purchasing or even governmental mergers.
Ferk's comments were featured in a March 14, 2011, article in The State Journal-Register.
Download a PDF of the article
Monday, March 7, 2011
Job growth key to population growth in Springfield and elsewhere
Springfield economic development officials say they don’t know why Bloomington-Normal and Champaign-Urbana grew faster and more substantially over the past decade.
Development leaders from those similarly sized central Illinois communities said their population increases probably were linked to job growth or continued stability at employers such as State Farm Insurance, Mitsubishi, Illinois State University and the University of Illinois.
Sangamon County
Unemployment rate: 7.1 percent*
Top employers: State of Illinois, Memorial Health System, St. John’s Hospital, Springfield Public Schools, University of Illinois Springfield, Springfield Clinic, Illinois National Guard, City of Springfield, SIU School of Medicine and AT&T.
The numbers were featured in a March 6, 2011, article in The State Journal-Register.
Download a PDF of the article
Development leaders from those similarly sized central Illinois communities said their population increases probably were linked to job growth or continued stability at employers such as State Farm Insurance, Mitsubishi, Illinois State University and the University of Illinois.
Sangamon County
Unemployment rate: 7.1 percent*
Top employers: State of Illinois, Memorial Health System, St. John’s Hospital, Springfield Public Schools, University of Illinois Springfield, Springfield Clinic, Illinois National Guard, City of Springfield, SIU School of Medicine and AT&T.
The numbers were featured in a March 6, 2011, article in The State Journal-Register.
Download a PDF of the article
Springfield's LPGA Classic faces search for new sponsor
Springfield’s status as a stop on the LPGA Tour could be uncertain at best when the State Farm Classic comes to a close June 12 at Panther Creek Country Club.
Everyone involved acknowledges the difficulty of finding a new sponsor — or network of sponsors — to fill a seven-figure monetary void. Bloomington-based State Farm Insurance will end its 19-year role as title sponsor of the women’s golf event, which began at The Rail Golf Club in 1976.
Dyanne Ferk, associate dean of the business college at the University of Illinois Springfield, agreed that companies are being much more cautious in committing to sponsorships. Part of it, Ferk said, is the evolution of many businesses from regional to national to global.
“Businesses look at every penny going out and want to know the return on their investment,” Ferk said. “Also, as they become more national and global in their perspectives, there’s more competition for a limited pot of money for advertising, philanthropy and nonprofit things.
“In a small market like Springfield, we don’t always fare as well. It’s tough, especially with this economy. The fact is, sometimes it’s tougher to justify a sports event.”
Ferk's comments were featured in a March 6, 2011, article in The State Journal-Register.
Download a PDF of the article
Everyone involved acknowledges the difficulty of finding a new sponsor — or network of sponsors — to fill a seven-figure monetary void. Bloomington-based State Farm Insurance will end its 19-year role as title sponsor of the women’s golf event, which began at The Rail Golf Club in 1976.
Dyanne Ferk, associate dean of the business college at the University of Illinois Springfield, agreed that companies are being much more cautious in committing to sponsorships. Part of it, Ferk said, is the evolution of many businesses from regional to national to global.
“Businesses look at every penny going out and want to know the return on their investment,” Ferk said. “Also, as they become more national and global in their perspectives, there’s more competition for a limited pot of money for advertising, philanthropy and nonprofit things.
“In a small market like Springfield, we don’t always fare as well. It’s tough, especially with this economy. The fact is, sometimes it’s tougher to justify a sports event.”
Ferk's comments were featured in a March 6, 2011, article in The State Journal-Register.
Download a PDF of the article
Friday, November 5, 2010
Fast growing companies rely on overseas growth
Ron McNeil, dean of the College of Business and Management at the University of Illinois Springfield was featured on American Public Media's Marketwatch on November 5, 2010.
The following is a portion of the transcript from the radio interview:
JEREMY HOBSON: Earnings season continues this morning with quarterly reports from Beazer Homes,and Dish Network. If there's been one pattern this earnings season, it's this: companies that are growing are relying on sales overseas for that growth.
We're going to dig into that now with Ron McNeil. He heads the College of Business and Management at the University of Illinois-Springfield. Ron, thanks for joining us.
RON MCNEIL: Thank you Jeremy.
HOBSON: Well, we've seen earnings in the last couple weeks. Merck says it now gets 18 percent of revenue from emerging markets. Dow Chemical, Proctor and Gamble, this is obviously a trend by why is there such growth in emerging countries and not here in the U.S.?
MCNEIL: Well, emerging markets are coming out of very little. So their consumer markets are great. Any growth is big growth but when you're talking about populations of a billion in India, 1.3 billion in China, even 300- or 400 million people in China buying more makes a huge impact.
Download the full text of the interview as a PDF
Listen to the interview online
The following is a portion of the transcript from the radio interview:
JEREMY HOBSON: Earnings season continues this morning with quarterly reports from Beazer Homes,and Dish Network. If there's been one pattern this earnings season, it's this: companies that are growing are relying on sales overseas for that growth.
We're going to dig into that now with Ron McNeil. He heads the College of Business and Management at the University of Illinois-Springfield. Ron, thanks for joining us.
RON MCNEIL: Thank you Jeremy.
HOBSON: Well, we've seen earnings in the last couple weeks. Merck says it now gets 18 percent of revenue from emerging markets. Dow Chemical, Proctor and Gamble, this is obviously a trend by why is there such growth in emerging countries and not here in the U.S.?
MCNEIL: Well, emerging markets are coming out of very little. So their consumer markets are great. Any growth is big growth but when you're talking about populations of a billion in India, 1.3 billion in China, even 300- or 400 million people in China buying more makes a huge impact.
Download the full text of the interview as a PDF
Listen to the interview online
Local business mood cautious, survey finds
The cautious mood of local companies is little changed from last spring, according to a fall update from the University of Illinois Springfield.
One-third of more than 170 sample firms and organizations surveyed said the Sangamon County economy will slow down in the coming year, while 18 percent expected growth and a little less than half expected no change.
UIS conducts the survey for the Greater Springfield Chamber of Commerce each spring and fall.
“The folks I’m talking too are cautiously optimistic that we have turned the corner on the recession. There is not a huge rush to add a bunch of employees, which is problematic for the nation as a whole,” Erich Bloxdorf, executive vice president of the chamber, said Thursday.
The survey was featured in a November 5, 2010, article in The State Journal-Register.
Download a PDF of the article
One-third of more than 170 sample firms and organizations surveyed said the Sangamon County economy will slow down in the coming year, while 18 percent expected growth and a little less than half expected no change.
UIS conducts the survey for the Greater Springfield Chamber of Commerce each spring and fall.
“The folks I’m talking too are cautiously optimistic that we have turned the corner on the recession. There is not a huge rush to add a bunch of employees, which is problematic for the nation as a whole,” Erich Bloxdorf, executive vice president of the chamber, said Thursday.
The survey was featured in a November 5, 2010, article in The State Journal-Register.
Download a PDF of the article
Wednesday, March 31, 2010
Business size may affect bounceback
Take a look at the quarterly reports of big U.S. companies and you may see overseas growth cushioning a domestic financial blow. Jeremy Hobson explores this and other disadvantages small businesses have in the face of recovery.
Ronald McNeil: And those companies with the international stretch are helped more and quicker as economies recover in the global marketplace.
That's Ronald McNeil, dean of the business school at the University of Illinois-Springfield. He says small businesses can benefit too, if they play their cards right. Perhaps by supplying goods and services to larger companies that already export their business overseas.
McNeil's comments were featured on American Public Media's Marketplace on March 30, 2010.
Download a PDF of the article:
20100330-Marketplace-business-size.pdf
Listen to the story online
Ronald McNeil: And those companies with the international stretch are helped more and quicker as economies recover in the global marketplace.
That's Ronald McNeil, dean of the business school at the University of Illinois-Springfield. He says small businesses can benefit too, if they play their cards right. Perhaps by supplying goods and services to larger companies that already export their business overseas.
McNeil's comments were featured on American Public Media's Marketplace on March 30, 2010.
Download a PDF of the article:
20100330-Marketplace-business-size.pdf
Listen to the story online
A self-sustaining economic expansion
Consumer confidence is up, and the upcoming jobs report is expected to be the most positive in many months.
Why can't these economists just admit that things are looking good? I asked Ronald McNeil, the dean of the business school at the University of Illinois, Springfield.
Ronald McNeil: When you're in the money, you can make mistakes and get away with it. The degrees of freedom are greater. But when you're not quite in the money -- caution, care, all of that goes into the mix.
McNeil's comments were featured in a March 30, 2010, report on American Public Media's Marketplace.
Download a PDF of the article:
20100330-Marketplace-self-sustaining-economic.pdf
Listen to the report online
Why can't these economists just admit that things are looking good? I asked Ronald McNeil, the dean of the business school at the University of Illinois, Springfield.
Ronald McNeil: When you're in the money, you can make mistakes and get away with it. The degrees of freedom are greater. But when you're not quite in the money -- caution, care, all of that goes into the mix.
McNeil's comments were featured in a March 30, 2010, report on American Public Media's Marketplace.
Download a PDF of the article:
20100330-Marketplace-self-sustaining-economic.pdf
Listen to the report online
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