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Gathering Constituent Input for a Successful Master Plan

Facilities | Collaborative processes can help ensure new campus facilities align with a school’s mission. Whether your school has acquired a new property, wants to replace aging facilities or build spaces for new programs, it’s best to have a strategic plan that aligns your school’s program...

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Your Everyday Pursuit of Financial Health

CEO Notebook | A few tools can help school leaders and the board understand long-term school finances more clearly, talk more productively and act more proactively. Jeffrey Shields, FASAE, CAE NBOA President and CEO Like many of you, I have been paying close attention to financial...

Blog Entry
3 Signs of Financial Difficulty

(From Inside Higher Ed) Accreditation cannot be taken as a signal of long-term financial health because accreditors often do not indicate financial trouble in their reports until a year or two before a college or university closes, argues David P. Haney, a higher education consultant. ...

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CFOs Plan for Predicted Downturn

(from FEI Daily) CFOs overwhelmingly expect a U.S. downturn by the end of 2020 but few expect an outright recession, according to Deloitte’s 1Q19 CFO Signals Survey. Trade policy and tariffs are fueling expectations of a slowdown. Less than half of CFOs say they have defensive plans for a...

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Where to Start with Mergers and Acquisitions? Three Considerations

CEO Notebook | Conversations around school mergers have shifted from reactive to proactive. It’s not about failure, but rather preparing for the future. Jeffrey Shields, FASAE, CAE NBOA President and CEO This year’s spring fever has an unusual theme. Instead of the typical hiring...

Blog Entry
Business Model Key to Successful Program Innovation?

(from the Christensen Institute) The University of Texas-Austin’s Project 2021 — launched in 2016 with the goal to reinvent the undergraduate experience through redesigned course length, curricula and online learning — has been shuttered. School leaders cite lack of faculty and staff input and...

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Bold Makeovers Enhance Schools' Value Propositions

(from the Nonprofit Quarterly) As enrollment and financial challenges mount for many colleges and universities (as well as K-12 independent schools), some have achieved remarkable success in boldly rethinking their business models. The key is "to create a successful business model that attracts...

Blog Entry
New Tool to Analyze College Expenditures

(from Inside Higher Ed) The American Council of Trustees and Alumni earlier this month released a new website on college expenditures. Drawn from federal data, the site provides eight years of the most recently available figures on administrative and instructional spending patterns for 1...

Blog Entry
Risk & Compliance: Jump-Starting Enterprise Risk Management

Risk Management | Knowing the top risks other independent schools face can help your school avoid getting stuck in the early phases of a risk management program. Article by Constance Neary and Alex Miller, United Educators From the January/February 2019 Net Assets magazine You’re...

Blog Entry
Business Intelligence: Independent School Finances Gained Ground in Fiscal 2018

Financial Management | Data from NBOA’s Business Intelligence for Independent Schools reveals modest financial gains for schools on almost all fronts. Article by Jim Pugh, James Pugh & Associates, and Mary Kay Markunas From the March/April 2019 Net Assets magazine Financially...