ENMU Hosting Economic Forum for Community on March 24

Date: 3/21/2006
Contact: Wendel Sloan at 505.562.2253

PORTALES—Eastern New Mexico University's College of Business and the Roosevelt County Community Development Corporation are hosting an economic forum in the Zia Room of the Campus Union Building this Friday, March 24, with community leaders from Portales and Roosevelt County.

According to Dr. David Hemley, professor of finance, the purpose of the forum is to strengthen the relationship between the local community and ENMU, and assist community leaders and others interested in gaining a broader understanding of local economic development. "Although this forum is not directed at our students, there are implications for students and faculty in regard to student internships and, perhaps, in developing a Center for Local Economic Development at ENMU," said Dr. Hemley.

He noted that to present such a forum, the COB had a great deal of expertise in economic development at local, regional and national levels.

During the forum, Hemley will give an overview of local economic development, including discussing key economic drivers, such as growth in personal income, wealth and value of housing.

Dr. John Groesbeck, dean of the College of Business, will give an overview of local strategic management analysis. Dr. Sue Stockly, assistant professor of economics, will give an overview of working with data.

Groesbeck, Hemley and Stockly will also facilitate a brainstorming discussion on developing a strategic plan, including a vision and mission statement, and a SWOT (strengths, weaknesses, opportunities, threats) analysis, which included an inventory of current assets and liabilities.

The day will conclude with a discussion on how to implement goals and objectives.

For more information, contact Dr. Hemley at 505.562.2172.