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.
“a day in the life of…”
When we understand the problem, it’s easier to formulate a solution. How can we do this in higher education when the issues are less visible?
Why do turnaround plans take so long?
Why does a financial turnaround take so long? To answer that, it’s important to recognize the entire change process.
Predictions for Higher Ed in 2023
Every January, the FuturED team makes predictions for finance teams in higher ed for the coming year. Here are our top three.
Are you a lifelong learner?
I love to learn. Perhaps this makes me a lifelong learner. As a child, I did not care much for reading books or memorizing material for exams. I was not a good student, so I did not think of myself as a lifelong learner. I graduated from college 25 years ago. When I was younger, […]
Grief + Crisis Management = Transformational Change
When the pandemic began, I felt like a CBO (Chief Business Officer) without a university and a faculty member without a tenure track. On the faculty side, there was a sense of panic and loss. The challenges of teaching online, the inability to complete research projects, and the desire to see students learn weighed heavily. […]