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Top 10 The ROI Podcast Episodes
Goodpods has curated a list of the 10 best The ROI Podcast episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to The ROI Podcast for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite The ROI Podcast episode by adding your comments to the episode page.
05/03/18 • 11 min
What if you could increase profits and help the community and environment all at the same time? Social and environmental strategy isn't just charity, they can produce real profits for organizations. In this episode of The ROI Podcast, Jay Geshay reveals how to skyrocket profits through social impact investing.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
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Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/3m2G6D5
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Show Notes:
Shane: We are in the midst of a global shift – and have been for the past few years. Millennials and Gen Z consumers care more about where their products come from and how they are produced – with an emphasis on global sustainability... More and more investors are putting their capital where it aligns with their social objectives – and this is changing the game as we speak... Let’s get to the podcast!
(ROI Podcast Music)
Shane: Hey everyone! Shane Simmons here and welcome into another episode of The ROI Podcast presented by the Indiana University Kelley School of Business. We are recording this from the IUPUI campus in downtown Indianapolis on a beautiful spring day. I’ve got the associate dean of academic programs, Phil Powell, here beside me once again. Phil, how are you?
Phil: (Response)
Shane: Let’s talk about social impact investing. Phil, I feel like when this topic was discussed previously, it wasn’t as attractive as it is today...
Phil: Some would say the social impact is simply charity in disguise and it’s going to cost the stockholders value and try and broaden the scope of a for-profit organization... But according to Jay Geshay of United Way, an expert in social impact investing, companies who are investing in socially positive practices have reaped a multitude of benefits.
Jay: In a traditional view of capitalism, you could definitely say that's the case - when you take your eye off the ball, when you get off your hedgehog idea, you consider that would dilute revenue and profitability. I think what you're seeing in missional companies - companies that are created to solve problems that are social in mind, whether it's around education or healthcare - when a company is missional, the social impact is embedded in it. What research is finding is companies that are doing this social good retain their employees more, are actually able to maintain or improve profits, and if you look at companies that are over 100 years old and you do a study of those, you'll see that a successful company are those that bring in the community and help as part of them, solving their issues, and not just using them for profits.
Phil: Now, some people may have some preconceived notions in their head of what social impact investing is – and may get it mistaken for charity... Jay breaks down this misconception.
Jay: If you look at a charity, it's basically high social impact, but -100% in ROI. Charities outstand ably, philanthropy plays a huge role in our society. If you look at social impact, it's really changing measurable outcomes in our community for the better. But when you look at social impact investing, yes, it's changing the social impact outcomes, but it's also returning a percentage on the financial side. If you look at many reports and research that has come out, they're showing that social impact funds, like Colorado Impact Fund, for example, are actually achieving market rates of return.
Phil: So what has happened over the past two decades. Why are we seeing this shift to social impact investing?
Jay: I think the traditional view twenty years ago is if I want to make money, I do things like venture capital and private equity, but if I want to do good, I give to United Way - those two do not cross. But we learn through experience, by seeing success in those that are trend-setters and are on that edge of learning. We've learned that you can do both, and that social impact investing can return a market rate of return.
Shane: But society is also changing... Values have shifted, especially with generations like millennials and gen z...
Phil: That’s true... And there are companies out there who are making social responsibility the backbone of everything they do. Rather than looking at profits, they’re looking at the impact on people and their community. And Jay says talks about some of those organizations he’s seen.
Jay: Eli Lilly, although they would never say they were a social impact company, I think by the way they operate and work within the community with United Way, we worked strategically with them on early childho...
03/05/18 • 9 min
There are certain principles that, once applied, can cause massive growth within a business. Barb Cutillo, co-founder of Stonegate Mortgage, shares the principles that grew her business exponentially during one of the most volatile times in the United States.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
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Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/3m2G6D5
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Show Notes:
Shane: What’s going on everyone! Welcome to another episode of The ROI Podcast Presented by The Kelley School of Business on the IUPUI Campus in downtown Indianapolis. We are continuing on with our CEO series and today we’re going to talk to someone who, in the midst of a time when businesses were shutting down faster than they could blink, built a powerful company that continues to prosper. We’re talking about Barb Cutillo, a Kelley School of Business MBA and co-founder of Stonegate – a mortgage business that thrived while others had to close their doors... But before we get into that, let’s take you back to 2007...
(Clock ticking sounds)
Shane: It was the end of 2007 and the clock was ticking... 2008 and half of 2009 would be one of the worst recessions in United States history... Businesses were closing, people were losing their jobs, their homes, and their entire lives... The economy crashed.
(Economic crash soundbite compilation)
Barb: It was challenging because there was an online website that was like an implosion meter that showed all the companies going out of business!
Shane: Barb Cutillo, who built their entire business on home loans, remembers it well.
Barb: The market was imploding, home values were dropping, it was scary for a lot of people because they were losing jobs and unable to make mortgage payments.
Shane: So what a time to have a new business in the mortgage world. If you look at the circumstances, you could really say the odds were against Stonegate. But when the economy is down, and most other businesses are, too – that’s when Barb saw an opportunity to grow.
Barb: We had a couple great things on our side, which was we had lenders that worked with us to keep our access to funds available, so they didn’t shut us down - they knew that the loans we were underwriting were quality, so they believed in us, and now we had an opportunity to recruit good salespeople because a lot of them had been let go, and good back-office people.
Barb: When the market was down, we were actually hiring, and these people were now available to us to grow our business!
Shane: And Barb says if it weren’t for that recession we felt here in the United States – Stonegate wouldn’t have grown to the level it did. So that makes you wonder – how? How did they thrive in such a tough economic time? And how can you push you or your company to the point where you can grow, when others are stagnant?
Barb: It is a daunting situation and I’ve counseled and mentored several companies. We lived it at Stonegate and now that I’m on the other side - an investor, coach, and mentor – I’ve seen a lot of companies struggle with this: how do you get in front of the right people, how do you grow your business? The mortgage product itself was something that there was demand for, so it’s a little bit different than a brand new app or widget. But then again, there’s a lot more competition because people can get mortgaged everywhere!
Shane: So that’ a strong tip for anyone in business... Ask yourself: Who is the exact kind of person your product or service would benefit? Create a customer avatar – and make it very detailed about the ideal customer. Second: figure out how you can scale your business with this particular demographic or demographics. But for Barb’s industry – she was in what some would call a red ocean, or a saturated market because there are so many mortgage companies.
Barb: Exactly, it is. You have to differentiate yourself, and I think it comes down to, and I hate to say this, but you have to spend money to make money. We had to hire a few key, manager-type salespeople that had contacts - even the executives at our company had to sell our services. We had to be able to sell ourselves first – if we can’t sell ourselves and what we’re providing to a few, key employees and customers. We also gave equity – I know a lot of CEOs of small companies are afraid to give away any equity, but you know what, if you really want people on your team, you’re going to have to give a little bit to get more. We always had that philosophy of you’d rather have a little bit of a lot than a lot of a little.
Shane: So hiring the right people is obviously cri...
10/15/18 • 17 min
Thirty city blocks, 12,000 potential jobs, and a blank, urban canvas long for a community revival. Thanks to Ambrose Property Group, lead by President Aasif Bade, that urban resurgence is on its way. The projected $1.4 billion development received its name Friday - Waterside; creating an opportunity for another district to make its mark on this great city. On this episode, we sat down with Bade who spoke about how any commercial real estate company can create success within their own community.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
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Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/35aeAfZ
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Show Notes:
MATT:
A city skyline cannot exist without a property to build on, a design to construct, or a vision to bring to life. Here in Indy, 30 city blocks of blank canvas space exists on the city’s southwest side, ready to welcome a development that will last for generations to come – adding another dimension to Indy’s skyline. So how can a commercial real estate company most effectively create success? Ambrose Property Group shows us how - Let’s get to the podcast...
||ROI MUSIC PLAYS||
MATT:
Welcome to another episode of the ROI Podcast presented by the Indiana University Kelley School of Business, I'm your host Matt Martella alongside Associate Dean Phil Powell. If this is your first time tuning in to the ROI Podcast, we are glad to have you. We put out a weekly episode that helps organizations make better business decisions. For those of you who enjoy our show, it would be such an honor to us if you could head to your favorite podcasting app and leave us a review. And finally, if you would like to get a hold of us, send us an email to ROI-pod, that’s [email protected].
Last year, the Indy Start released an article that names Indianapolis the 2nd most resurgent city in the country – and that was according to realtor.com. The average home price in Indianapolis is just under $310,000. That’s a 20% increase since 2012. The city has also seen a 10% increase in population.
PHIL:
And according to our own Kelley Faculty and Economists, Kyle Anderson, he stated in his economic forecast that the Indianapolis-Carmel-Anderson economy added almost 25,000 jobs – a 2.3% increase since 2016 with signs of strong growth. According to Kyle, the blend of the low cost of living and the growing number of startups are the major factors why this urban resurgence is number 2 in the country. So as we work to acquire more corporations within our downtown environment, it’s up to the commercial real estate industry to get ahead of this growth because it’s those office spaces and apartment complexes that will support the ever increasing demand.
MATT:
On this episode, we sat down with the President of Ambrose Property Group, Aasif Bade – a Kelley Business School grad and commercial real estate expert who manages an impressive property portfolio that includes the old GM stamping plant on the city’s west side. Aasif shares the three keys for his real estate success.
Aasif Bade: W e literally started the business in the height of the recession. We were able to capture some great opportunities in the real estate market at literally the bottom - this building we're sitting in today was purchased in 2011, it's right on the circle in downtown Indianapolis. What differentiates Ambrose from the beginning is the cultural mindset to, number one, focus on our customers, employees, and everyone that's involved with our business, and have a one-to-one people-focused mindset. Number two, we're always conscious of the environment: we operate from a community aspect. Number three, we remember what's happened. Some of the basic economic lessons we learned in the Kelley School of Business [are] not to get ahead of ourselves and remain cautious... every day, every decision we make, we recognize there's ups and downs in the economy, and while we've been successful doing business deals during the downturn, we recognize that it will probably happen all over again in the near future.
PHIL:
(Aasif’s accomplishments, his presence in Indianapolis, any other thoughts)
MATT:
As commercial real estate leaders, or those looking to get into commercial real estate, the first key to success is, it’s all about timing.
Aasif Bade: We've probably made these mistakes too, the two are buying/selling too early and buying/selling too late. I know tha...
How to get ahead of the competition | Ep. 57
The ROI Podcast
08/20/18 • 15 min
How does a company create a winning strategy within an industry of corporate giants? Using the story of Moneyball by Michael Lewis, we are exploring proven baseball strategies, using statistics, to help us beat our competition. On this episode, professor Kyle Anderson, steps to the plate and knocks this confusing curveball, out of the park.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
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Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/35aeAfZ
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SHOW NOTES:
This episode of The ROI Podcast is brought to you by the Kelley Evening MBA Program at IUPUI. Ranked number one in Indiana by US News. The Kelley Evening MBA will take your career to the next level—so you can be part of something bigger than yourself, while making a meaningful difference. To find out more, visit https://kelley.iupui.edu/mba/ and take the first step toward lasting career momentum.
PODCAST INTRO:
MATT:
The Oakland A’s became a championship level team in the early 2000’s thanks to a progressive thinker named Billy Beane. In a sport where deep pockets have the greatest advantage for winning, General Manager Billy Beane took a crummy team with little money and made them champions. How? On this episode, we’re sitting down with Professor Kyle Anderson, an economist at the Kelley School of Business, who’s helping us unpack Billy’s moneyball methods, to send our company success out of the park. Let’s get to the podcast...
||ROI MUSIC PLAYS||
MATT:
Welcome to another episode of the ROI Podcast, presented by the Indiana University Kelley School of Business. I’m your host Matt Martella joined by my colleague, Associate Dean of Academic Programs, Phil Powell. And today... oh this topic gets me excited, because today, we are talking baseball. And not just baseball, we’re talking how to take a proven, game winning strategy, and implement the same science into our everyday business.
PHIL:
(Remarks)
MATT:
So did you see the movie Moneyball?
PHIL:
(RESPONSE)
MATT:
I just love how it’s based on a true story... obviously dramatized in the movie, yet it was so fun to watch this classic Cinderella story of a washed-up team, adopt a new way of thinking which helped them beat Goliath teams like the New York Yankees and Boston Red Socks.
PHIL:
And for those that don’t know the Moneyball story, let me set the scene...
In 2002, The Oakland A’s had the third-lowest team payroll compared to the rest of the league. Basically, they were a very small fish in an ever-expanding ocean. Their spending cap, during that 2002 season, keep in mind this is the SAME season they went to the playoffs, was only $44-million dollars – which seems like a lot. But compared to the New York Yankees, who had almost 3-times that amount, $120-million to be exact, the A’s could not afford the same level of talent. It doesn’t take a certified accountant to realize, Oakland had a huge disadvantage against their competition.
MATT:
And that’s what pushed Billy to adopt a new way of thinking in terms of how to recruit ball players. He looked at what it takes to win games and narrowed his answer down to a few key statistics – on base percentage and the number of hits per game. While most teams relied on scouting to find talent, Billy used data other teams had access to, yet completely overlooked, to his advantage. This gave the A’s a massive edge against baseball organizations who had deep pockets. So how can we compete against corporate power-houses who clearly have more money to spend? We sat down with Clinical Assistant Professor Kyle Anderson, an economist and avid sports fan here at Kelley, who’s love for the game offers great business practices. The main take-away is we have to know a basic level of statistics within our organization, so we can create the best solution for the problems facing our company.
Kyle Anderson:
Sports are great because there are so many statistics. Everything is available, right? And people are out there tracking it. But now in this day and age, we're tracking a lot of data and a lot of statistics about our businesses. So it just takes a mindset of, "let's go look at that data and see what we can get out of it." Can we find some valuable information and maybe compare something and really try and see what's going on.
MATT:
This is a tough subject for me because I’m not a numbers guy. I did not do well in stats class, and I do not like spreadsheets. But, I can ...
How one company turned mentoring into a business | Ep. 10
The ROI Podcast
07/14/17 • 11 min
Research has shown those who have mentors throughout their lives ultimately are more successful. Pulling from experiences in her own life, Alison Martin-Books created a business that matches mentors and mentees in a strategic way.
Show Notes:
0:01 A Bill Gates show opening. 0:15 An introduction to The ROI Podcast presented by the Kelley School of Business. 0:55 The episode’s topic will revolve around mentors and the importance it plays in a professional’s life. 01:24 A study published in the Journal of Applied Psychology that found people who are mentored reported having more career success. 2:29 Alison Martin-Books, Founder and Chief Learning Officer for Diverse Talent Strategies is introduced. 2:40 A basic definition of what a mentor is. 4:40 Under the Talent Nexus model, mentors and mentees are strategically matched in a way that can increase the diversity in a given company. 5:25 Women who have a mentor are much more likely to break the glass ceiling. 7:05 Why mentor someone? 9:10 What you should look for in a mentor. 10:23 The closing credits for the podcast.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
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Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/3m2G6D5
REWIND: Part 1 - How to break the habits holding you back from your next promotion | Ep. 217
The ROI Podcast
06/06/22 • 31 min
"The very habits and behaviors that can serve you well early in your career can be problematic as you move into leadership."
When looking ahead in our career, we often work hard to develop both skills related to our current or desired position and our personal behaviors that could help get us promoted into leadership roles. However, the habits that got you promoted could become roadblocks for the future.
Indiana University Kelley School of Business Dean Idalene "Idie" Kesner and ROI Podcast Host Matt Martella sat down the co-author of "How Women Rise: Break the 12 Habits Holding You Back from Your Next Raise, Promotion, or Job" Sally Helgesen, who has been identified by Forbes as the "world's premier expert on women's leadership."
On this episode, Helgesen shares how certain habits and behaviors could be holding you back from your next career move.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
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Ready to take your next step? Find out if a Kelley MBA is right for you: https://bit.ly/35cLVqy
07/11/22 • 35 min
"Servant leadership is the most aspirational thing you'll ever try to do. If you think it's easy to think about others over yourself, I've got news for you. You're going to mess up every couple of hours."
Embracing a mindset of serving others before ourselves seems easy on paper, yet those who try often learn that embracing these principles is no easy task. When we work toward listening before speaking, meeting our team where they are at, and constantly looking for who we should serve, the results speak for themselves.
Indiana University Kelley School of Business Dean Idalene "Idie" Kesner and ROI Podcast Host Matt Martella sat down with Cheryl Bachelder, BS'78, MBA'78, who is the former CEO of Popeyes Louisiana Kitchen, Inc. and author of "Dare to Serve: How to Drive Superior Results by Serving Others." Today she serves as a director for Chick Fil A and US Foods Holding Co.
On this episode, Bachelder shares the importance of embracing a leadership style focused on uplifting those around us before we lift up ourselves.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
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Ready to take your next step? Find out if a Kelley MBA is right for you: https://bit.ly/35cLVqy
How to negotiate like a champion | Ep. 29
The ROI Podcast
12/04/17 • 13 min
When you step to the table for a negotiation, do you feel confident you can come to a solution that's mutually beneficial to all parties? We've got you covered. In this episode of The ROI Podcast, Kelley School professors Stephen Hayford and Tatiana Kolovou discuss the ins and outs of negotiation and how you can master the art.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
----
Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/3m2G6D5
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Show Notes:
Shane: It’s been said by Deborah Tannen that communication and dialogue is a dance, not a boxing match. What does that mean you might be asking? Well, in order to get what you want in business, or in life, you HAVE to be a great negotiator... And after listening to this episode of The ROI Podcast, you’ll have the tools of a powerful negotiator. Let’s do this!
(The ROI Podcast Music)
Shane: WELCOME BACK!!! Episode 29 of The ROI Podcast is here... 29 episodes, Phil... It’s hard to believe, isn’t it?
Shane: Phil... I want you to think of something... How important is a negotiation, and communication in general, in our lives? I mean, think about it. When you’re a kid you negotiate with your parents for that new toy or to stay out past curfew. At work, you negotiate a higher salary or an idea you’ve pitched. Even things we don’t think about like negotiating where you and your spouse will have dinner... We do this often times subconsciously.
11:05 Steve: In today’s dynamic business and professional world, you cannot predict outcomes - you can’t even predict relationships at all times. But if you master process, if you understand how to play the game of negotiations, then that process skill set emboldens you to realize that you’ll find the answer. 11:33 You don’t need to know the answer at the beginning - if you master process, you’ll recognize the answer when you find it.
Phil: You just heard from Stephen Hayford, Professor of Business Law at the Kelley School of Business. He’s an expert in negotiation and conflict resolution...
Steve: I’ve learned to recognize the people who do and don’t understand the process – those who don’t understand the process, when they find themselves in conflict, negotiating a contract, or solving a problem, tend to focus on arguments on who’s right and who’s wrong. They [also] tend to focus on overuse and overreliance on power – power and the merit of ideas are both very important aspects of negotiated decision-making, but when one recognizes and understands the importance of process, you have a playbook you can consistently use.
Can I add one thing here to what Steven is saying: sometimes we get in trouble or we do a bad job with negotiating or we don’t get as much out of it because we hurry up the process.
Phil: And that was Tatiana Kolovou, Senior Lecturer at the Kelley School of Business. Tatiana’s expertise also falls within negotiation and conflict management.
We’re not patient enough to try to learn more about the other person, to try to build rapport, and maybe be able to use the information, not in a bad way, but to use it to build the relationship further. If we try to hurry it up and think that it’s a transaction, like putting gas in your car at the gas station, you’re not going to be able to be successful. What Stephen teaches is all of those signs and signals and having faith in the fact that this process exists and you have to walk the path.
Shane: I’m going to pause there for a second and let’s talk about this process, which is so important. What is this process? Where do you start?
Phil: So Stephen and Tatiana say it starts before the negotiating ever begins.
Stephen: I think the real key at the front end is listening. This idea of diagnosing the relationship, for example, if I’m dealing with you as a supplier and you are my customer, and I know that you have three viable alternatives to working with me, that’s going to make a big difference in the way I present myself to you contrasted with the circumstance where I know that I am your only alternative. There is no what we call “BATNA”, Best Alternative to a Negotiated Agreement - if I know that you are an impatient negotiator, I understand from the beginning that I’m going to have to slow you down and show you the benefit of methodical approaches, as opposed to shooting from the hip. My experience has taught me that mindfulness, being alert, being patient, diagnosing the circumstance before I begin to act always pays off.
Phil: And from a communication standpoint...
Tatiana: First, you have to exude confidence, and I’m not talking about the over-confide...
Avoid the hidden cost of doing business | Ep. 61
The ROI Podcast
09/17/18 • 18 min
Besides another economic recession, nothing can stop a company's growth faster than business regulation violations. These hidden costs sneak up on many business owners at the worst time, if we let them. So what's our best defense? An even better offense. Whether you're planning a new start-up or a seasoned business professional, this episode will both educate and give you the necessary tools to protect your organization from unnecessary regulation violation fines.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
----
Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/35aeAfZ
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Show Notes:
MATT:
Regulations – the rules of the road within business; a term carrying many mixed feelings. Some say we have too many, others say we have too few. Regardless of where we stand, the reality is we must comply with the laws of our land or face penalties. On this episode, we’re sitting down with Judith Wright, Assistant Clinical Professor of Business Law at Kelley, whose helping us play by the rules and protect what we’ve worked so hard to build. Let’s get to the podcast...
||ROI MUSIC PLAYS||
MATT:
Welcome to another episode of the ROI Podcast presented by the Indiana University Kelley School of Business. I’m your host, Matt Martella alongside Associate Dean of Academic Programs, Phil Powell. If this is your first time joining us, welcome to the podcast. We put out a weekly episode to help organizations make better business decisions. And for those who are sharing this with friends on social media, we want to say thank you. We are very honored you find enough value in our weekly content to pass these episodes along.
And Phil, I think today’s topic carries a lot of value, especially for those of us in the early stages of organizational development. However, no matter how established our companies are, there are some great take-a-ways on this episode to protect not just ourselves, but our clients, our employees, and our organizations.
PHIL:
Absolutely Matt. We’re taking a dive into business regulations because so many times, organizations are unaware they may have requirements, restrictions, or compliances they must follow. And it’s the failure to follow these regulations that cripple businesses of every size. But before we dive in, it’s important to establish why regulations exist in the first place.
Judith Wright: A lot of people think, "Oh, there's too much regulation and regulation is bad." Until something happens to you. And then people say, "There ought to be a law!" Right? You've heard that phrase before? So, let me just give you an example of that. All businesses have to provide worker's compensation protections. So what that means is the government looks to business to provide for compensation for individuals who are hurt while they are at work. This is not new law. It's ancient law actually. And has been around since the 1800s and earlier than that even in Europe, then we brought those ideas to the US of course when we formed a country here. So, since the industrial age, if you get hurt at work your employer has to provide some protection for you, has to help you recover from that. Without that, think about what would happen. If you went to work and got hurt severely, theoretically, an employer could call your family, tell them to come get you and just plug in another worker. That doesn't seem like a fair way to treat workers. So I kind of liken it like this, this will make sense to you, it's like driving a car. You get behind the wheel of a car, and you're expected to know all the rules of the road, and comply with all the rules of the road. And if you don't you can be pulled over and ticketed for that. So when you get behind the wheel of a business, and you want to drive that business, you're supposed to know all the rules of the business, and if you don't comply, you can be ticketed for that lack of compliance.
MATT:
It’s important to understand that regulations exist for protection. It cannot be stated enough. Of course they’re not perfect and according to Judith, they are usually lagging from what’s actually happening in the marketplace. And as she mentioned as an example, though it can be burdensome for an organization to comply, they are meant for organizational safety. Just like monopoly regulations protect industries and keep competition alive, environmental regulations make sure our drinking water is clean, and health regulations make sure we get the right treatment.
PHIL:
It’s easy for organizations to say that regulations hinder their business or more regulations need to exist. That’s not the point...
09/04/18 • 15 min
Tucked away inside the Nobilesville High School library, a room full of students make scribbles on a white, dry-erase board. Fired up from a live video-interview with Seth Godin, these teens start bringing their ideas to life as they collaborate in groups, answering the tough question, "why?" In this first episode of a two part series, CEO and Founder of StartEdUp, Don Wettrick demonstrates how innovation in the classroom creates disruption in the business world. He's also hosts The StartEdUp Podcast.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email [email protected] so we can help your organization make better business decisions.
----
Ready to take your next step? Check out if a Kelley MBA is right for you: https://bit.ly/35aeAfZ
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SHOW NOTES:
MATT:
Welcome to another episode of the ROI Podcast presented by the Indiana University Kelley School of Business, where we help organizations make better business decisions, I’m your host, Matt Martella, joined by, as always, Associate Dean of Academic Programs, Phil Powell. If you’re tuning in for the first time, first off, thank you for joining us. It’s an honor to spend this time with you each week. Normally we discuss practical business and leadership tips with the help of our faculty members or industry experts. However, this week, we have a special treat for you. We’re doing a two-part series, featuring CEO and Co-Founder of StartEDup, Don Wettrick. His not-for-profit received recognition from progressive leaders, such as Seth Godin, Tim Ferriss, and Gary Vaynerchuk, just to name a few. He hosts a leadership podcast called The Started Up Podcast, which receives thousands of downloads per episode and they’re no stranger to Forbes Magazine either. Forbes has featured Wettrick numerous times for his progressive style of teaching. Don Wettrick is also a teacher at Noblesville High School where he’s disrupting traditional educational learning by letting students decide what THEY want to learn, then empowering them to do so.
PHIL:
(ADLIB)
Don Wettrick: This is a class at Noblesville High School, called Innovation and Open Sourced Learning. It's called that because the first six... seven weeks it's an innovation course. Like we literally try to teach you how to think for yourself, how to re-frame problems, how to create seekers and peekers, not moaners and groaners, I'll get into that in a little bit. And the rest of the year then, is open sourced learning in a sense that some of the things that you specifically want to learn that I'm not good at, you should build a network and find those people. So, if you said I really want to get into coding Python, I can't do that. But I can sure as heck help you find people that do know that. And so therefore they open source their learning... I don't like it when people moan, "well it's not what you know, it's who you know," okay, let's know people.
MATT:
The big draw for students comes from the open learning environment. Tucked away inside the Noblesville High School library, a few dozen students collaborate in pods, not desks, working together to find solutions to ideas THEY generated. However, getting to the point of passion for these students takes intentional conversations, early on.
Don Wettrick: If you tell a student, "hey, go learn something." What? That is, and I'm going to call a timeout, because that's the hard part about this class, is that when I first started it, I set them free a little bit too soon. Because a lot of times kids go, "oh, finally a class where I can do what I want to do." What do you want to do? Oh, I don't know. And they're so used to being told sit down, shut your mouth and work on this. That's natural. So the freedom thing has to be released a little bit slower. Answering the fundamental question of why you're in school. And for years it was compliance. You know, I was just talking earlier before you came in. I didn't go... and I fully admit, when I graduated in 19-90-something, I didn't' go to learn. I went to go get a degree. Because in 1995, if you had a degree, you're good. That's dead! If you don't have skills, you're not employable. And that's mortifying to me because I think there are a lot of students that still have, because their parents, that worked for them... "Oh just go and major in anything, it won't matter." Yes it does matter! And if they don't come out with skills, it's hurting. So I think what's been resinating and I think two-thirds of the people on my show are entrepreneurs. They're rule breakers, they're let's try this my way. That is asking, "then why are we here? Why...
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FAQ
How many episodes does The ROI Podcast have?
The ROI Podcast currently has 217 episodes available.
What topics does The ROI Podcast cover?
The podcast is about Management, Entrepreneurship, Podcasts and Business.
What is the most popular episode on The ROI Podcast?
The episode title 'Part One: The skills you need to be an influential leader | Ep. 138' is the most popular.
What is the average episode length on The ROI Podcast?
The average episode length on The ROI Podcast is 23 minutes.
How often are episodes of The ROI Podcast released?
Episodes of The ROI Podcast are typically released every 7 days, 1 hour.
When was the first episode of The ROI Podcast?
The first episode of The ROI Podcast was released on Apr 7, 2017.
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