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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
Absent an effective strategy to review and realign the athletics portfolio, institutions risk the depletion of their financial and reputational resources, which is being accelerated due to the impact of the coronavirus pandemic.
David Pluviose, executive editor of Diverse: Issues in Higher Education, shares steps universities should take to ensure faculty diversity.
COVID-19 has exacerbated existing threats to higher education institutions’ financial stability—including enrolment volatility, value-for-money concerns, and an expensive delivery model. Discover the types of transformative changes institutions are considering in response to pressures on university finance and operations amid COVID-19.
FY21 institutional budgets are under pressure. Here’s how SFOs are reining in costs and finding new revenue sources.
This article documents the scale and impact of FY21 budget cuts to date. It also catalogs what cost-containment tactics (and a few revenue-generating ideas) Facilities leaders have taken or plan to take soon.
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.