Academic Performance Solutions
- $446k saved by reallocating 2.5 new faculty lines to departments with
- +11.5% increase in course completion rates across two targeted gateway courses
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- 10+ years working with higher education chief business officers
- Serving 300+ finance and administration executives
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Explore our best practice approach to cost savings and cost containment by pursuing thoughtful strategies to “bend the cost curve” over time.
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Explore 3 questions guiding fall semester 2020 scenario planning, and emerging trends in how colleges and universities are responding to the uncertainty.
Shared services units are designed to reduce inefficiencies and improve the service quality of transactional business activities. As is the case with organizational models, one size does not fit all when it comes to selecting a portfolio of activities to deliver via shared services.
Higher education business leaders can use gainsharing agreements to incentivize more prudent spend and grow central strategic reserves. Under these agreements, units split any budget surpluses with central administration. This mitigates perverse incentives for units to either amass unnecessarily large reserves or squander every remaining budget dollar at year-end.
It’s easy for academic leaders to feel overwhelmed by the volume of data that is increasingly available. Use our latest infographic for ways to connect your planning processes with APS data.
Finance and administration leaders are tracking more data than ever before, but many struggle to use it to inflect performance. In turn, some leaders are turning to management dashboards to better organize metrics. Dashboards are a proven tool that other industries, such as retail and finance, have long used to manage, track, and analyze data to inform decision-making.
Access to data alone will not immediately transform a campus to become more data-informed. This culture shift is often fraught with fear because changes in processes, platforms, and people are never easy. The diagnostic helps leaders assess their institution’s readiness to tackle these challenges and determine next steps/actions to strengthen their institution.
ExpertsMore on Our Experts
Learn analyses that every institution should consider to ensure their academic resources exclude non-essential academic expenditures.