In order to improve student retention and financial health, it is crucial to involve multiple departments within a college institution, including the CFO.
Blog
Additional Endowment Spend: Symptom of a Larger Issue?
Many CFOs try to solve budget deficits by taking larger draws on their endowment. This may be a short-term option, but it is not sustainable.
What Does Your Board Need To Know About UPMIFA?
UPMIFA (Uniform Prudent Management of Institutional Funds Act) guides charitable organizations on investment and endowment decisions.
7 Imperatives to Be a Finance Strategist
Finance is increasingly at the heart of the strategic process. What does it take to be an effective finance strategist?
2024 Predictions for Higher Ed
It’s a new year and time for identifying and planning around the top priorities for colleges and universities for 2024.
What Can Higher Ed Learn from a Chef? (part 3)
Understand and project demand (enrollment). What if I have 15 entrees and customers rarely order a couple of them? Also, one of the main ingredients is not used for any another entrée. Would you discontinue the item? Why is it that in higher education, we continue to add to our menu without retiring offerings or […]
What Can Higher Ed Learn from a Chef? (part 2)
When I examine the change in our cost structure over time, I wonder if the stars on our campuses are really the extracurricular offerings.
What Can Higher Ed Learn from a Chef? (part 1)
Some higher ed issues remind me of the challenges a chef has when creating a menu to be delicious and profitable.