On February 25th, Lee Todd,Jr.,President of the University of Kentucky, came to campus and gave a presentation entitled "Entrepreneurial Thinking in Graduate Education: A National Need?" He was promoting the idea of more entrepreneurial training in graduate programs and in how universities are run.
In our knowledge-based economy, innovation is key. After the crash of our stock markets, the loss of jobs and the global recession, the challenge to our rising generation is what jobs are there? What are the new growing areas? What am I gonna do??
Out of the rubble the phoenix rises. The answer seems to be in the creativity, innovation and initiation of new enterprises. In other words, people are starting businesses of their own or are employing themselves. A graduate in FAA started her own freelance photography and web design business. Another started a web-based retail business. Where is a service niche that you can exploit?
On campus there are opportunities to expand your knowledge base in business areas. There is the Certificate for Business Administration for non business majors that is offered in the spring. The Certificate in Entrepreneurship and Management is designed for science graduate students. Illinois Business Consulting offers students the opportunity to work on projects for Fortune 500, mid-sized, new venture and non-profit clients. The teams are a mix of MBA, engineering and science students. It is a wonderful way to expand your knowledge and experience in problem-solving in a business environment.
There are several on campus organizations that encourage innovative business activities. For example, the Illini Entrepreneurship Center,the Academy for Entrepreneurial Leadership and the Office of Technology Management.
Survival in this economic climate requires flexibility and resourcefulness. So start dreaming. Get those creative juices flowing. You may be the next Google.
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