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College of Business Home
Strategic Plan Home
Background Information
Distinctive Identity
Strengths, Weaknesses, Opportunities, and Threats
Vision and Mission Statements
Guiding Principles
Strategic Priorities
Governance
Committee Members
Committee Reports
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Strategic Plan in PDF
--January 2005
Learning Goals/
Educational Objectives
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Background Information
University of Southern Indiana
As a result of its continuous enrollment increases in the past ten
years, the University of Southern Indiana is poised for a major
transformation in the coming decade. The climate exists for future
progress that could surpass that of the recent past. The University is a
regionally responsive, comprehensive public university with a statewide
focus for the state of Indiana. The University emphasizes interaction
between faculty and students, encourages and supports applied research,
and endeavors to be responsive to community needs.
The University of Southern Indiana has created an environment where
teaching and learning are foremost in its mission and where the energy and
dedication to purpose of faculty and staff have become a model for other
universities. Among the state's baccalaureate institutions, the very
productive faculty members found at USI are committed to continual
improvement in teaching that has produced increasing quality of
instruction and graduate preparedness. The University has been a creator
of opportunity for thousands of students, many the first in their families
to attend college.
The College of Business
The College of Business is also poised for a major transformation in the
coming decade. The College received accreditation by the AACSB
International (the Association to Advance Collegiate Schools of Business)
in 1998, and its Accounting Programs received accreditation by the AACSB
International in 2003. Undergraduate enrollment for the College has
increased 8.4% in recent years (2000 – 2004), and full-time enrollment has
increased 15.2% during the same time period. In addition, the College has
seen an increase in enrollment in its Master of Business Administration
(MBA) Program and has created a new Master of Science in Accountancy (MSA)
Program. The College also offers Post-Baccalaureate Certificates in
professional accountancy and computer information systems.
The College consists of four departments: Accounting and Business Law;
Decision Sciences, Computer Information Systems, and Applied Computer
Science; Economics and Finance; and Management, Marketing, and Business
Communication. It has ten bachelor degree programs: Accounting &
Professional Services, Applied Computer Science, Business Administration,
Business Education, Computer Information Systems, E-Business, Economics,
Finance, Management, and Marketing. The Business Administration major is
interdisciplinary in nature.
The Strategic Planning Process
The Ad-hoc Committee on Strategic Planning was constituted in August
2004. As a starting point, members met with the Dean who shared
information with the committee. Members also reviewed documents and
information collected by the Strategic Planning Task Force from the prior
year as well as the work on the College’s Vision, Mission, and Guiding
Principles. Early in the process, decisions were made regarding a
strategic framework that would guide the process as well as a timetable
for work. Subsequent activity generally consisted of an iterative
process whereby analyses and ideas were developed by individuals, or
groups of individuals, outside of committee meetings. Such work was then
reviewed, evaluated, and revised (when necessary) within regularly
scheduled meetings. Between August 23, 2004 and January 3, 2005, the
Committee met seventeen times as a full committee, averaging approximately
two hours per meeting. Feedback was solicited from the College of Business
faculty, staff, undergraduate students, graduate students, and the Board
of Advisors, generating excellent input from multiple sources. The
feedback was reviewed, evaluated, and, where appropriate, incorporated
into the Strategic Plan during the latter stages of the process. The
College of Business faculty sees the Strategic Plan as an evolving
document. The plan in its current embodiment is a series of developmental
stages. The strategic plan will be reviewed periodically.
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