Romain College of Business


Strategic Plan Home


Related College Links

Strategic Plan

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.

Strategic Planning Framework for USI College of Business