Finance & Business – The Higher Education Business Model: Change is Overdue
Moderated by: Rick Staisloff, Senior Partner, rpk GROUP

Presented by: Melissa Beardmore, Vice President for Learning Resources Management, Anne Arundel Community College | Tim Bowman, Executive Dean for Administration and Finance, Harvard University, John A. Paulson School of Engineering and Applied Sciences | Scott Jordan, Executive Vice President for Administration & Chief Financial Officer, University of Connecticut

Higher education’s response to the COVID-19 crisis has required a short-term focus on necessary expenses to support remote work and learning, as well as one-time adjustments to address budget shortfalls.  However, if COVID is viewed as an accelerant rather than a cause of higher education’s long-term business model challenges, how might institutions begin to pivot towards a more sustainable model?  This session will highlight best practice approaches for reallocating existing resources (people, time and money) toward strategic investments that support mission, student success and the business model.

The pandemic is having an immense impact on higher education, with expected shortfalls in state budgets and substantial reductions in state appropriations to public universities. Combined with declines in other revenue streams and increases in costs to maintain their academic and social missions, public research universities are facing significant economic challenges. How do institutions address equity in student achievement, diversity in faculty and administration, and operate with reduced revenues? Join a discussion on strategic finance and sustainable solutions that balance administrative efficiencies and financial recovery with student success, the academic portfolio, and faculty productivity. Panelists will focus on change management strategies that align with institutional missions and the students they serve.

Panelists include:

• Anne Ollen, Managing Director TIAA Institute
• Rick Staisloff, Founder and Senior Partner, rpk GROUP
• Rita Cheng, President, North Arizona University
• Clara Young, Assistant Vice President for Academic Affairs Tennessee State University
• Chad Muntz, Assistant Vice Chancellor of Institutional Research, Data & Analytics University System of Maryland
• Valeria Garcia, Associate Vice President, Decision Support University of South Florida

The Strategic Finance Learning Studio’s online workshop will teach you to use the Mission, Market, and Margin® approach and develop a plan to put it into action on your campus. This three-hour workshop—three one-hour sessions over three weeks—will be facilitated by Rick Staisloff and his colleagues from the rpk GROUP and hosted on ACE Engage.

Sessions will take place on September 16, 23, and 30 from 1-2 p.m.

Join Rick Staisloff and friends at 6:00 p.m. ET each Thursday from August 6 through September 10 for friendly, freewheeling conversations about using resources strategically to fulfill your mission. Ask questions, share your best practices, or take a break from your quarantine by interacting with colleagues virtually.

The conversation is open for anyone to participate via chat or video, or simply listen in and get some insights.

Join Rick Staisloff and friends at 6:00 p.m. ET each Thursday from August 6 through September 10 for friendly, freewheeling conversations about using resources strategically to fulfill your mission. Ask questions, share your best practices, or take a break from your quarantine by interacting with colleagues virtually.

The conversation is open for anyone to participate via chat or video, or simply listen in and get some insights.

Join Rick Staisloff and friends at 6:00 p.m. ET each Thursday from August 6 through September 10 for friendly, freewheeling conversations about using resources strategically to fulfill your mission. Ask questions, share your best practices, or take a break from your quarantine by interacting with colleagues virtually.

The conversation is open for anyone to participate via chat or video, or simply listen in and get some insights.

Each Thursday in August, join Rick and the ACE Engage team for an informal discussion on strategic finance in higher education. The conversation is open for anyone to participate via chat or video, or simply listen in and get some insights.

Join Rick Staisloff and friends at 6:00 p.m. ET each Thursday from August 6 through September 10 for friendly, freewheeling conversations about using resources strategically to fulfill your mission. Ask questions, share your best practices, or take a break from your quarantine by interacting with colleagues virtually.

The conversation is open for anyone to participate via chat or video, or simply listen in and get some insights.

Join Rick Staisloff and friends at 6:00 p.m. ET each Thursday from August 6 through September 10 for friendly, freewheeling conversations about using resources strategically to fulfill your mission. Ask questions, share your best practices, or take a break from your quarantine by interacting with colleagues virtually.

The conversation is open for anyone to participate via chat or video, or simply listen in and get some insights.

Higher-ed experts discuss scenarios and potential outcomes for the fall

Please join the Kenan Institute of Private Enterprise for a candid discussion regarding the effects of COVID-19 on universities and what a return to campus might look like, including the inevitable complications. Experts will address:

• Special research findings from two surveys of university presidents
• Quantification of potential financial impact of COVID-19 on higher ed
• Presentation of scenarios and related strategic options

Host: Paul Friga, Ph.D., Clinical Associate Professor of Strategy and Entrepreneurship, UNC Kenan-Flagler Business School & Co-founder of ABC Insights

Panelists:
Rick Staisloff, Founder and Senior Partner, rpk GROUP
Scott Carlson, Senior Writer, Chronicle of Higher Education
Lynn Pasquarella, Ph.D., President, Association of American Colleges & Universities