CEO Notebook |
During this frantic data-collection season, you may be scratching your head, wondering, “Why would NBOA, my professional association, contribute to the survey fatigue I already experience as a business officer by creating a separate data-collection effort under the banner BIIS? And why should I take the time to enter my school’s data in BIIS? Why is it different and worthwhile?”
NBOA created BIIS based entirely on member feedback. For years, business officers have shared that other surveys did not meet their needs for better understanding their school's financial position. NBOA developed BIIS with a set of clear definitions and calculations to fill that void with standardized and reliable data. In addition to built-in algorithms, a team of former business officers reviews every data point to ensure its accuracy. This is standard practice with NBOA's surveys.
Enter your data in BIIS by Friday, October 26. Reporting opens mid-November, pending "scrubbing" to ensure data is accurate.
The goal of BIIS is not to add to survey fatigue or compete with other data-collection efforts. The goal is to provide business officers with the business, finance and operational data that you told us you and your school need, and in the formats you told us you, your heads of school and your boards of trustees needed it.
As for your second question, why should you take the time? Because BIIS serves business officers better than anything else when it comes to providing the most accurate data your independent school needs. And better and more accurate data means better financial decisions for your school.
I hope this answers the legitimate questions that you have raised over the last few weeks. I have had the honor to serve as the chief executive of NBOA for almost nine years. During that time, I believe that the NBOA Board and staff have demonstrated a commitment to do whatever we can to make your jobs easier, not harder. I truly believe that BIIS will serve as a centerpiece of that commitment, and I ask for your participation by October 26. If you can make that commitment, I will continue to work toward reducing the burden of completing surveys for your school. A burden that falls squarely on your shoulders.
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