News Category

Economic & Business Development

In March of 2015, Purdue Extension Floyd County started offering beginning beekeeping classes. These first classes were met with much enthusiasm! The first class that was offered filled with over 30 people, so it had to be split in two to offer the best learning experience possible for all attendees. This class then led the …
This article was originally published in the Tribune-Star on October 20, 2018. In the scope of society, we have multiple branches of communication. The facets we see depend on our generation, tastes and preferences and where we live. There are traditional approaches such as print newspaper, mailers and television but then there are more modern approaches to communication …
Blonde girl taking selfie with mom and grandma
This article was originally published in the Tribune-Star on June 23, 2018. Educate, validate, and elevate our employees so they can be the best version of themselves, help them in this regard to identify opportunities for mentoring in various platforms so they can grow. Soon there will be five generations embedded in our workforce. The generations include: • Veterans …
Family firms comprise 80-90% of all business enterprises and range from mom-and-pop stores to corporate giants. Family businesses are an important part of the U.S. economy too. In fact, 77% of new U.S. businesses started as family businesses. The majority of farm and agriculture businesses are family controlled, from Cargill to the smallest family farm. …
Former professor Dr. David Birch of MIT found that up to 80% of job growth in any community is generated by the businesses already located there and not by attraction efforts. Economic development in our local economies can seem like a mysterious science, filled with secret deliberations and a healthy dose of luck. Nothing gets …
This article was originally published in the Tribune-Star on June 2, 2018. How do communities change? The answer is quite easy. Change is implemented through attitude. Although the answer is easy, getting to that answer is much more complicated. Behavior and influencing behavior is much more tedious than we realize. How is behavior influenced? Behavior is influenced by environmental …
Senior woman's hand holding a credit card while in front of the laptop shopping online
Last week, the Supreme Court ruled internet retailers can be required to collect sales taxes, even in areas where they have no physical presence. This ruling overturns a 1992 ruling that helped the then nascent internet commerce take off and become a billion dollar industry today. In our work with rural communities, we have heard …
Asistant Program Leader Michael Wilcox leads HCI participants through an exercise on Community Capitals
Michael Wilcox, Assistant Program Leader for Purdue Extension Community Development, was the May 10 guest speaker for the Community Economics and Leadership Program (CELP) meeting in Indianapolis.  The data snapshot that Michael presented showcased a variety of demographic, economic and labor market information that local leaders and organizations can use to gain a better perspective …
Closing Retail Store
This article was originally published in the Tribune-Star on May 12, 2018. The building goes dark, the manager locks the door for the last time, brown paper cascades down windows that once held signs of sales and promotions. Big box retailers such as Toys R Us, H.H. Gregg, Circuit City and many others are either shutting their doors or …
This article was originally published in the Tribune-Star on February 17, 2018. ‘Leader’ is defined as a person to guide a way by going in advance. Leadership is an important function of management, which helps to maximize efficiency and to achieve organizational goals. The following points justify the importance of leadership. Effective leaders are architects – providing …