10:00 AM - 11:00 AM
Advancing Women's Leadership in Today's Institutions
Ms. Becca Constantine, Smith College
Women continue to enter higher education finance at high rates, yet many struggle to navigate the unwritten rules of leadership present in every workplace. Academic research finds that bias can impact every element of work from hiring to presentations to promotion decisions.
Optimizing Operationsal Effectiveness: Improving Institutional Efficiency and Revenue Generation
The dynamic higher education climate has compelled colleges and universities to develop innovative solutions for varying challenges affecting their campuses for quite some time. Through organizational “bundling” or restructuring, as well as the development and refinement of internal processes, institutions are improving overall operational effectiveness while discovering opportunities for new revenue. The bundling trend is a creative solution in the face of the intractable challenges that virtually all institutions now face—price inelasticity, lower levels of public funding, significant fixed expenses, accumulated deferred maintenance, increased competition between schools, and so on.
This session will host a panel of university representatives from a range of institutional types in the Eastern region. All have undergone extensive evaluations of their campus operations and facilities with the goal of optimizing service quality and operational efficiency, and increasing revenue generation. The panelists will discuss their individual processes of analysis and problem-solving, each based on the unique challenges facing their campuses. One school, for example, is exploring the potential of reorganizing all of their Auxiliary units under a single leadership model to optimize economies of scale, establish uniformity in service delivery levels, and increase operating efficiencies. Thus, adding value to the University by increasing its ability to invest in strategic initiatives that enhance the student experience - both physically and operationally.
This session will also cover scenarios where public-private partnerships (P3s) have been explored, which could also drive efficiencies, contain costs, generate revenue, and even increase the quality of service delivered. Among other topics, the panelists will discuss when outsourcing may be a good option in addition to assessing and implementing shifts to internal structuring. The panelists will also share tools and methods essential to successful engagement with the private sector. The audience should walk away from the session equipped with ideas and tools to deploy their budgets more strategically.
Telling the Story: Communicating to Stakeholder Groups
Mr. Edward J. Steinmetz, The University of Scranton
Mr. Dennis Morrone, Grant Thornton LLP
In higher education now more than ever, financial leaders must effectively communicate with a wide range of constituents with varying needs for and interests in important financial and management information. Such communications must be understandable, transparent and timely so that the campus community feels their perspective is heard and valued and their need for relevant information for decision making is met. This presentation will share examples of effective and ineffective communications so attendees can learn new ideas to effectively communicate with their institutional stakeholders. Attendees will also be encouraged to share stories and examples from their own campuses.