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In the April issue of Business Officer magazine, discover what college and university leaders are discussing today. With more than 26,000 decision-makers in a $400 billion higher education Business Officer magazine remains a required read for business and finance leaders in higher education.
Preview of the NACUBO 2015 Annual Meeting. A comprehensive preview of NACUBO's signature conference of the year, scheduled for Nashville, July 18-22, focuses on "The Tempo of Change." Descriptions of program details, events and venues, and a sampling of concurrent sessions will bring members up to speed with this year's meeting plans. With a burgeoning cultural atmosphere, an increasing number of recent college graduates opting to begin their careers in Nashville, and a campaign to recruit technology workers to the area, Nashville is the perfect example of the kinds of change necessary to keep organizations vibrant. And, it should come as no surprise that the ever-evolving Nashville was named one of the fastest growing cities of 2015 by Forbes magazine. All this to say that meeting participants will learn and network in a lively environment that exemplifies the conference spirit. Through general and concurrent sessions, attendees will consider key issues affecting the business office, learn ways to effectively implement solutions to maximize results, and engage in spirited discussions on reinvigorating campus operations. New to the preview this year: members who are Nashville area residents review their favorite restaurants, museums, outdoor activities, and more.
Another Take on Talent. An interview with Linda Costas, director of talent and engagement at the University of Notre Dame, describes a leadership development program that applies to the university's entire staff. The model, organized around three leadership levels, identifies 10 to 12 competencies for each group. Coupled with a talent review process focused on succession, the initiative ensures that high-potential employees at all levels are trained and developed to take on larger roles.
Academic Medical Centers. Health care and higher education are weathering significant disruption to their respective traditional business models. Within the highly regulated, capital- and labor-intensive, technology-driven environment that both sectors must navigate, each must also address significant changes to funding structures and the strong focus by an increasingly skeptical public on quality measures and service costs. Changes in the health-care marketplace point toward expansion and greater collaboration. What can colleges and universities learn from academic medicine about how to define their service sphere and grow through partnership? This article looks at factors influencing today's academic medical center (AMC) business and revenue models, risk management and cost-containment challenges, and university-AMC governance approaches. On all these fronts, the university chief business officer has increased involvement and responsibility, and can learn what AMCs are doing to position themselves for future growth and relevance-it's not unlike what colleges and universities across the country are exploring to expand their academic enterprise and enhance institution mission to serve a wider audience.
On Balance. Emme Deland is senior vice president for strategy at New York-Presbyterian Hospital, an academic medical center (AMC) affiliated with Columbia University's College of Physicians and Surgeons and the Weill Cornell Medical College. In her role, Deland is responsible for developing the organization's strategic roadmap for its response to health-care reform. In this interview with Business Officer, Deland draws comparisons between the challenges and changes facing both the health-care and higher education sectors. And, while she sees the trend in health care toward fewer providers and bigger systems, it's unclear whether higher education will see those kinds of changes. That said, higher education institutions must have a clear understanding about who they serve, identify their strengths, and keep the programs and components that make sense and at which they excel.
Debt Dynamics. Last fall, a report by Standard and Poor's found that the number of student housing transactions the service rates had more than tripled in three years. The spike is largely based on higher education institutions partnering with third parties to develop or update campus residential housing. Agency representatives and institution leaders explain ways to evaluate critical credit components of such transactions. In addition, an industry expert reviews a trend in which institutions consider turning to private investors for the packaging and sale of a portfolio of noneducational university assets, such as residential housing facilities.
The final deadline to reserve your advertising space in the April issue is Tuesday, March 10, as long as space remains available. Materials are due no later than March 17. You can find our 2015 Marketing kit.
Manager, Business Development
- Task Force Urges Regulatory Reform
- Legislators Take Action on Education, Charitable and Research Incentives
- Associations Comment on College Ratings System
- ON-DEMAND: How to Build, Develop, and Support a Compliance Program at Your Institution
- ON-DEMAND: Strategic Tuition Assessment and Tuition Restructuring
- ON-DEMAND: Are Shared Services Right for Your Organization – The KU Journey
- ON-DEMAND: VIRTUAL: 2014 Annual Meeting
- ON-DEMAND: VIRTUAL: Student Financial Services Conference
- ON-DEMAND: VIRTUAL: Higher Education Accounting Forum
- A Guide to College and University Budgeting: Foundations for Institutional Effectiveness, 4th ed. - by Larry Goldstein
- NACUBO's Guide to Unitizing Investment Pools - by Mary S. Wheeler
- Managing and Collecting Student Accounts and Loans - by David R. Glezerman and Dennis DeSantis