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This toolkit will help business leaders formulate or update their financial contingency plans with tactics applicable during the COVID-19 crisis and beyond.
Mistakes in COVID-19 strategy
We’ve outlined three differentiated mental health crisis response models for college and universities, along with their respective benefits and challenges.
Some campus leaders are reframing the campus safety conversation around community needs in order to take a more holistic campus safety approach.
While interest in M&A has spiked, many leaders remain uncertain about how it might fit into their institutional strategy. Part of this stems from stakeholder misconceptions of M&A in higher ed: Board members, for example, may have experience with M&A in other industries but fail to recognize regulatory and cultural factors that make it difficult to apply corporate best practices in a higher education context. Meanwhile, other institutional stakeholders may misinterpret media narratives around M&As in higher ed, leading to overstated expectations around the ease, likelihood, or impact of a potential transaction
On December 21, 2020, Congress finalized a new stimulus package and federal budget in the Consolidated Appropriations Act of 2021 to provide another round of relief to the US economy. While this latest relief package is far smaller and later than many of us would have hoped for, higher education leaders can expect some additional federal assistance to start 2021.
ExpertsMore on Our Experts
Higher Education is reeling from the financial and business model shocks that have been delivered by the coronavirus pandemic. As institutional leaders grapple with addressing the short-term operating issues necessary to keep running, longer-term questions of strategy and viability are taking on increasing urgency.
As colleges and universities struggle to set budgets for the upcoming fiscal year because of the uncertainty caused by COVID-19, many are looking for concrete guidance on how to reduce operating costs.