With lower general and international enrollment, institutions need to make up for losing students with discounts or adjusting selectivity.
higher ed
My family’s view of the value of higher education
I know the value of education from my personal experience, but the outcomes have not kept pace with the price and demand is declining.
It’s time for a SWOT analysis of higher education
SWOT analysis is a valuable method that helps institutions understand their competitive position and make informed strategic decisions.
Instructional Cost Metrics You Need to Make Big Decisions
If you want to reduce costs, here are a few instructional-related metrics you’ll need to make and back up your decisions.
Top metrics to prepare for financial rightsizing
Last month, we talked about the six most important financial questions a board and president need to understand and the financial tools you need to answer them. Now it’s time to focus on the answers to those questions, the decisions they require, and the metrics you should examine to understand the drivers to financial sustainability. […]
I Talked to AICPA-CIMA About Democratizing Financial Data
Access to more data can help us make better decisions. However, just having more data may not get us where we need to be. We have to make sure everyone involved understands the data well enough to inform the decisions we make together. I call the process of getting everyone on the same page about […]
Shift the Conversation to ROI
Recently, I have realized the importance of shifting finance conversations away from cost and toward ROI, both tangible and intangible.
Use Your Institution’s Data and Lessons Learned to Tell a Story
Presidents and provosts must share data differently to communicate the financial strategy of the institution with the faculty and staff.