Deans of Business


The value of networks

By Ivan Manev on Nov. 25, 2011, at 3:15 p.m.
These days things seem to happen on social media. People, especially the young, are glued to their smartphones and snap pictures and send instant updates — some engaging, others rather trivial — to all their “friends” and the world to see. Facebook is now one word, and so is LinkedIn, …

Affordability and availability of individual health insurance in Maine

By Dana Kerr on Nov. 18, 2011, at 1:37 p.m.
Last week, the Maine Supreme Judicial Court heard oral arguments concerning the ability of Anthem Health Plans of Maine to increase insurance premium rates for individual and nongroup (e.g., nonemployer) health insurance policies. Anthem is appealing an earlier Superior Court decision that upheld the state’s rejection of Anthem’s proposed rate …

Surviving in business now a matter of convenience

By Ronald A. Nykiel on Nov. 11, 2011, at 12:42 p.m.
Business, government and education are all undergoing fundamental change which is being driven by a number of key factors. If we look back 50 years, the manufacturing model was driving our economy, was the focal point of government and was the topic of higher education. The focus was on product. …

Reimagining career preparation

By Joseph McDonnell on Oct. 28, 2011, at 6:18 p.m.
Would you advise a college-bound student to gain a broad liberal arts education or enroll in a professional program like business, engineering or nursing? Considering the escalating cost of higher education and the scarcity of jobs for graduates, there is little wonder that 68 percent of students are opting for …

The value of business education

By Ivan Manev on Oct. 28, 2011, at 5:04 p.m.
Business schools came to being in the early 20th century in response to corporations’ need for employees with particular sets of knowledge and analytical capabilities. Corporations at the time were mushrooming in various industries, from car manufacturing to railroads to chemicals to banks, and were starting to define the products …

Is your business Internet savvy?

By Tom Hutchison on Oct. 21, 2011, at 2:35 p.m.
We have all witnessed the impact of the Internet on commerce: Blockbuster yields to NetFlix, Amazon pushes out Barnes & Noble and Borders and iTunes surpasses Walmart to become the top music retailer. The Pew Center for Research reports that 79 percent of U.S. adults use the Internet, two-thirds of …

Rethinking education to move Maine forward

By Joseph McDonnell on Oct. 07, 2011, at 4:31 p.m.
President Barack Obama recently overturned central provisions of the No Child Left Behind law to allow states to design their own school accountability and improvement standards. The president’s action was prompted by criticism from educators and parents that the law hamstrung teachers to “teach to the test,” which left little …

Giving business-student partnerships the old college try

By Ronald Nykiel on Sept. 30, 2011, at 3:44 p.m.
Whether a business or nonprofit, we know that any cooperative effort that results in lower costs, better performance or a competitive advantage is a WIN-WIN scenario. And if that partnership helps us have more experienced people, we will gain even more. Allow me to go back in time to life-changing …
Nancy Forster-Holt, Ph. D., C.M.A., Assistant Professor and Executive Director, Entrepreneurship and Executive Education, Husson University.

The entrepreneur in all of us

By Nancy Forster-Holt on Sept. 16, 2011, at 1:37 p.m.
Most U.S. companies are small. Ninety percent employ fewer than 20 employees, and 99 percent employ 500 or fewer. I tell my entrepreneurship students that, odds are, many of them will not work for a large employer. In fact, the chances are very good that they will work for a …
University of Maine at Orono

Cut out-of-state tuition to spur economic growth

By Joseph McDonnell on Sept. 09, 2011, at 9:14 p.m.
North Dakota recognized that half-empty classrooms were like vacancies in hotel rooms.

Play the cards you’re dealt or up the ante, with higher ed

By John F. Mahon on Sept. 02, 2011, at 9:17 p.m.
September is a time of hope and promise. The arrival of late summer and fall usually sees thousands of students at all levels returning to school. In the primary education area (elementary through high school) the focus is on preparing students, essentially, with skills needed for life no matter what …

If a crisis comes, is your business ready?

By Ronald A. Nykiel on Aug. 26, 2011, at 5:21 p.m.
Are you prepared for a crisis? Every individual, business, and yes, even the state of Maine, should and can be prepared. Crisis management should be high on the list of management and leadership responsibilities. A crisis can cause any organization to suffer revenue declines, loss of consumer and investment community …

Is Maine developing a work force for its future?

By Joseph McDonnell on Aug. 12, 2011, at 1:33 p.m.
Last week, Georgetown University’s Center on Education and the Workforce released “The College Payoff,” a report that answers the question “what is a college degree worth?” Of course, a college degree cannot be measured solely by its earning power because developing the mind is its own reward. But looked at …

Tourism: The motor of diversity and prosperity

By Ronald A. Nykiel on July 22, 2011, at 5:38 p.m.
On Father’s Day my wife treated me to lunch in Bar Harbor. I had been coming to Maine for more than 30 years as a tourist and then just could not stand it any longer and permanently moved to the beautiful Pine Tree State. As we were enjoying lunch while …

Where ‘running government like a business’ works — and doesn’t

By James Shaffer on July 15, 2011, at 6:07 p.m.
In my last column on June 11, I wrote about the three main socioeconomic sectors in our economy: private, public and non-profit. Each serves a different role. Each has its strengths and weaknesses. And each contributes in different ways to our quality of life. I posed the question: What happens …

Sowing the seeds of Maine’s economy

By John F. Mahon on July 01, 2011, at 5:45 p.m.
It is summer in Maine, and driving around the state we can see farmers working in their fields, planting their crops. American author George Woodbury once observed: “No farmer ever plowed a field by turning it over in his mind.” In one short sentence Woodbury drew the precise, clear line …

Government, private enterprise, nonprofit — what’s the difference?

By James Shaffer on June 10, 2011, at 3:19 p.m.
In an effort to find solutions for the painful, ongoing recession, Maine’s governor and some national politicians are seeking to run government by the methods of for-profit businesses. This raises an interesting issue, because the values and purposes inherent in government and the private sector are different, yet both entities contribute …

Making over Maine’s marketing

By Ronald A. Nykiel on May 27, 2011, at 3:54 p.m.
Image and perception are among the top attributes for any destination. Maine has a wonderful image and fulfills the perception of a picturesque state. During my career in business I had the opportunity to visit every state, and Maine is second to none when it comes to image, perception and …