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Blog

Use Your Institution’s Data and Lessons Learned to Tell a Story             

January 3, 2025 by FuturED Content Team

The picture shows a person presenting data to a small group of people at a conference table.

Presidents and provosts must share data differently to communicate the financial strategy of the institution with the faculty and staff.

Filed Under: Blog Tagged With: communication, cost restructuring, data, higher ed

To Tenure or Not To Tenure; That Is the Question

January 3, 2025 by FuturED Content Team

The picture shows a diverging wooden path to represent the to tenure or not to tenure choice.

What is the “right mix” of classes taught by adjuncts vs full time instructors (with tenure and without tenure)?

Filed Under: Blog Tagged With: adjunct instructors, finance transformation, tenure

What Tools Do You Need to Examine the Financial Condition of Your Institution?

December 19, 2024 by FuturED Content Team

The picture shows a wall of tools to represent the tools institutions need to examine their financial condition.

Presidents and provosts often ask about how to maintain the financial condition and sustainability of their institutions.

Filed Under: Blog Tagged With: financial condition, turnaround

Is Your Revenue Strategy Focused on Quantity, Quality, or Price?

December 19, 2024 by FuturED Content Team

The picture shows a chess set to represent revenue strategy.

Revenue strategy in higher education is made up of three key drivers which play important roles: quantity, quality, and price.

Filed Under: Blog Tagged With: revenue strategy

What’s the Process for Achieving Financial Sustainability?

November 21, 2024 by FuturED Content Team

The picture is of a cairn (balanced rocks) to represent reding costs, financial balance and financial sustainability.

Today, many institutions are trying to reduce costs. Some are not liquid enough for a 2-5-year turnaround. I help them find options. 

Filed Under: Blog Tagged With: cost restructuring, finance teams, financial sustainability

Data Analysis to Data Understanding: Communicating with Senior Leadership

November 20, 2024 by FuturED Content Team

The picture shows a person talking in a meeting to represent the communicating of data.

The work I do often starts with helping institutions to solve challenges around their financial reporting. The goal is to move from questioning the accuracy of the data to using it to make decisions. To do this, the data needs to be timely, accurate, and meaningful. Many of us spend a lot of time trying […]

Filed Under: Blog Tagged With: communication, data analysis, finance team, higher ed

Communicating Sightlines to Financial Sustainability 

October 29, 2024 by FuturED Content Team

The picture shows hands of different races pointing to a document full of graphs. This represents seeking financial sustainability.

We are faced with significant pressure to right-size our institutions while facing unknown enrollment headwinds. This makes it almost impossible to predict the future or achieve financial sustainability. As we see revenue eroded and face inflationary pressures, our presidents look to the finance department to close the gap. This is a difficult task given that […]

Filed Under: Blog Tagged With: finance teams, financial sustainability, institutional economics

What Is the Real Price of College?

August 14, 2024 by FuturED Content Team

The picture is of a young woman shrugging in a graduation cap to represent the mystery of the price of college and discounts.

Families often assume they must pay the entire tuition price. In fact, many students receive discounts (scholarships) from college.

Filed Under: Blog Tagged With: financial aid, tuition price resets

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