Presidential transitions are never easy, neither for the president nor for the institution. No matter how effective the transition plan, there is always disorientation with loss of momentum. Some institutions and individuals weather transitions seemingly without any difficulty; they are
The Wall Street Journal, Chronicle of Higher Education, and the New York Times are trumpeting what they see as major changes in demographics, finances, technology, and regulations. The evidence strongly suggests that these four factors are already having a significant impact on the financial
Meeting this country’s workforce needs is a critical issue that is defining the future of the United States, individual states and our local communities. The quality and availability of the workforce is a vital strategic asset that will determine world order and security. Technology will
Economic equilibrium is a state of long-term financial sustainability for an institution of higher education. Richard Cyert, who developed the concept, set these conditions for a state of economic equilibrium: There is sufficient quality and quantity of resources to fulfill the mission of an
Inside Higher Ed’s recently published survey of Chief Financial Officers contains several findings suggesting CFOs are deeply concerned about the financial future of their institutions. Their concerns should be taken seriously by presidents and boards of trustees as they develop strategies for