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
Business Affairs Forum
- 10+ years working with higher education chief business officers
- Serving 300+ finance and administration executives
Subscribe to our blog
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.
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.
Department leaders often don’t realize the influential role they play in the entire institution’s long-term success. To ensure institutional and departmental priorities are aligned, EAB recommends colleges and universities conduct annual department health checkups with a review of the programs within each department.
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
In this webconference, we'll take a look at various approaches to sparking conversations—and action—about the program portfolio.
During this webinar, Rodger Patience will explore the foundational principles of effective influence, specifically ways in which leaders can select strategies that help to drive behavioral change and strengthen the success of longer-term initiatives.