A Perspective From Indiana Executives
What does it take to start, grow and sustain a business in Indiana? How important is foreign competition? What’s the state’s role in economic development and what initiatives offer the greatest growth opportunities?
For scholars, executives, elected officials and reporters covering the business community, these questions create a dialogue and a foundation on which we can help build a strategic plan to drive our state’s economy. It is also an opportunity to hear directly from Indiana executives about their challenges and the issues that impact their businesses, from health care costs and corporate reputation to customer loyalty and retention.
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Study highlights from 2009 include the following
- "Customer loyalty and retention" and "corporate reputation" still top the list as the most significant issues for CEOs, though "customer loyalty and retention" has increased significantly since 2008.
- Indiana's cost of living is once again viewed as a strong advantage over surrounding states.
- Indiana's executives are not overly enthusiastic about the availability of public or private funding sources. In fact, perceived availability of public funding sources both inside and outside the state have dropped significantly since 2008.
- For the first time in the CEO survey, perceived availability exceeds perceived demand for all types of workers.
- When asked about the strength of Indiana's educational programs focused on specific industries, "agriculture" is rated highest and "film" is rated lowest.
- Over 60 percent of respondents indicated their company has no method for monitoring the amount of time employees spend on the internet, and over 75 indicate their company has no formal policy on employee-authored blogs.
LATEST NEWS
07-16-2009
Agriculture's value to all of us is undeniable. It is an industry that satisfies our most basic needs for human life and further enhances our quality of living. At no other time in history has agriculture been charged with so many additional responsibilities.
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07-15-2009
The 2009 "State of Our Business" survey contained interesting information on how CEOs view Indiana's economy in the midst of the current recession. Particularly noteworthy was the viewpoint that there is an oversupply of qualified workers out there...
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07-09-2009
Butler University College of Business, Ice Miller and Inside INdiana Business announce the results of the third annual statewide survey of Indiana's chief executive officers and senior executives.
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