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Business Affairs Forum

By combining best practice research with data and benchmarking tools, the Business Affairs Forum is designed to help finance and administrative executives answer this unprecedented financial pressure and achieve their most critical goals—principled growth, sustainable costs savings, and continual improvement of core business operations.

"The Business Affairs Forum actually identifies ways you can effect change on campus and make improvements for the benefit of the student."

Mitch Robinson, Vice President of Finance and Administration at Austin Peay State University

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100 Tactics for Immediate Labor Savings

This compendium offers 100 rebasing tactics across nine categories.
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In response to COVID-19 budget woes, college and university leaders are considering widespread layoffs to remain solvent. Watch this short video to learn why that happens, and how you can secure sustainable cost savings that won’t jeopardize staff morale.

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.

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