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In the December 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.
One-Stop Services and Technology. With today's students expecting immediacy in all interactions-including services in financial aid offices-technology tools lower wait times, eliminate long lines, and often reduce costs. Staff from five institutions describe how they have adopted technology solutions for their student information systems, customer relationship management, and telephone systems.
Transparency and Accessibility in an Annual Financial Report. To improve readability, the University of Colorado transformed its annual financial report from a lengthy paper document into an interactive, user-friendly website-and received a NACUBO 2014 Innovation Award for the effort. Not only does CU now offer the interactive website with color graphs and intuitive navigation, but the university also created an additional website, "The Illustrated Guide to the Annual Financial Report" that tells the story of the financial data in easy-to-understand language and charts accessible to the nonaccountant.
Maximizing Resources for Student Success. With activity-based costing, an institution focuses on how faculty and staff-higher education's key resources-spend their days to support retention, instruction, and graduation. With funding from the Bill and Melinda Gates Foundation for a pilot project, Johnson County Community College, Overland Park, Kan., has built on the costing concept to move the process a step further. Established benchmarks allow for comparisons not only within the institution but across institutions. The ultimate goal: Leaders can compare an activity's cost with that of the same activity at other colleges and universities.
On Balance: Mark Coldren. Mark Coldren, Ithaca College, Ithaca, N.Y., associate vice president of human resources, discusses steps institutions can take to devise and adopt succession planning strategies, how to blend these efforts with strategic diversity and inclusion plans, and the role of institutional culture in effective succession planning.
The final deadline to reserve your advertising space in the December issue is Friday, November 7, as long as space remains available. Materials are due no later than November 14. You can find our 2014 media kit.
Manager, Business Development
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