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Today’s universities are under increasing public pressure to provide career preparation and support economic mobility. Learn how to create more opportunities for applied learning and help students translate between an academic transcript and a career-ready resume.
Higher education finance leaders must prepare their institutions to effectively respond to external threats and market pressures. EAB has identified five characteristics—or hallmarks—of higher education’s most strategic finance functions.
In order to demonstrate the value of shared services and identify areas for improvement, administrative leaders must continually monitor shared services performance. However, institutions historically lack mechanisms for selecting and tracking core performance metrics, and often they are unsure how to begin organizing and evaluating data, even when it does exist.
Administrative staff who remain in units and those who transition to the shared services center may feel equally anxious about stepping into the unknown. Uncertainty about changing roles and responsibilities can minimize buy-in and spark damaging rumors about what is waiting at the other side of implementation.
Engage shared services customers in the conversation around service expectations and ongoing performance
Faculty often equate physical proximity of support staff with service quality. Consequently, they fear that “distant” shared services will prioritize central projects, controls, and costs over academic unit needs.
This toolkit helps institutions understand why they should lead a community needs assessment and what steps they should take to manage one.
In this session, we will share benchmarking data from a recent EAB survey of higher ed business leaders on current financial status and planned next steps, as well as case studies of emerging cost reduction efforts in the COVID-19 crisis.
The precise financial impact of the COVID-19 outbreak is still unclear, but higher education institutions are preparing for the worst. Explore this Roadmap for five steps to create a COVID-19 financial contingency plan.
The compendium is a picklist to help executives evaluate and choose the cost containment tactics best suited for their institutions.
Read this brief for strategies to redesign mathematics courses to better support the success of all students.