Put It in Overdrive in
Accelerate your learning curve at the NACUBO 2013 Annual Meeting in Indianapolis, July 13-16. The city provides a backdrop of innovative projects to inspire professional development and high-speed networking.
Edited by Linda Daily
What comes to your mind when you think of Indianapolis? Most likely, this Midwestern metropolis evokes images of checkered flags and the world-famous Indianapolis Motor Speedway, host to the annual Indy 500. Or perhaps it is this city's other sports speedsters: the NFL's Indianapolis Colts and the NBA's Indiana Pacers.
While there's plenty of sports-related buzz and excitement, there's so much more to Indy. Over the years, Indianapolis has shrugged off its one-time moniker of Naptown and joined the ranks of cities that have revitalized, reinvented, and embraced innovation.
Consider this: Indianapolis is the fourth-ranked U.S. city for high-tech job growth and it boasts one of the fastest growing technology workforces in the nation. It is also becoming synonymous with life sciences. In early 2002, government, business, and education leaders launched BioCrossroads, an initiative to develop the region as a world-class life sciences center. In just over a decade, Indiana has become one of the top five states in the life sciences industry.
Advanced manufacturing, a mainstay industry in Indianapolis, consists of more than 4,600 companies in the region that apply some of the most innovative technologies to develop and commercialize goods that are distributed and sold all over the world.
The city is developing a focus on clean technology expertise in two key areas: energy and automotive. It is home to a growing number of manufacturing companies that produce components integral to alternative energy production, particularly wind energy.
The Indianapolis International Airport is among the world's most environmentally friendly-with more than 90 percent of the material used to build it in 2008 coming from within 500 miles. The city has reinvented its Cultural Trail, a world-class eight-mile bike and pedestrian path that allows visitors and locals to explore the downtown.
Read an interview with Frans Johansson, keynote speaker at the NACUBO 2013 Annual Meeting.
Several Sessions Available Online
And that's exactly why the city is the perfect host to the NACUBO 2013 Annual Meeting, which is based on the theme of "Driving Innovation." At this premier event, to be held July 13–16, you will learn about the complex and varied issues that higher education business officers face today and the innovative ideas they are applying to address these challenges. Share your views with your peers, make the most of the networking opportunities, and gain insights from general session speakers and presenters at the conference to invigorate and pioneer a plan that can take your institution to the next level.
Rev Up Learning With Your Peers
Check the annual meeting Web site at www.nacuboannualmeeting.org to see a list of options for targeted learning opportunities in small group meetings.
Roundtables and forums. These sessions offer unique opportunities for attendees to identify and share pressing challenges, explore potential solutions, and learn from the experiences of colleagues. Choose from the roundtables for senior leaders at comprehensive-doctoral institutions, small institutions, or community colleges. Topics include women's issues, sustainability, and ways to serve minorities.
Executive exchange for research universities. Designed exclusively for senior business officers at research institutions, these sessions offer an opportunity to engage in executive-level discussions about higher education and the strategic role of the CBO.
Accelerate Your Learning Trajectory
Once again this year, the guidance of NACUBO's four constituent councils has resulted in a collection of concurrent sessions designed to provide insight into focused topics and ideas within the framework of the comprehensive annual meeting program. You can customize your learning experiences by selecting from a rich menu of presentations that target the needs of NACUBO's primary member segments: community colleges, small institutions, research universities, and comprehensive-doctoral institutions.
Here is a brief sampling of the programs you can select from:
- Active Management of the Debt Portfolio. Find out how institutions need to actively manage their outstanding debt portfolio for refunding and restructuring opportunities due to changing market conditions or financial priorities. In addition, new financing needs to take into account the existing portfolio, as well as other strategic and market factors.
- Maximizing Your Digital Campus Investment. To run an institution efficiently, business officers are tasked with identifying the most efficient ways to get things done. That means measuring outcomes to drive change, working collaboratively to align priorities on campus, and designing new models to manage costs and share services. Learn how panelists in this session took a holistic look at the components of their digital campus, reviewed teamwork, and identified areas for improvement.
- Renewable Energy Installation Ideas for Your Campus. Renewable energy installations are occurring on many campuses in response to the institutional goal of becoming carbon neutral and also to show that campus leaders can lead the way toward decreasing the high cost of energy and the traditional reliance on fossil fuels. Find out about the merits of such an installation, financing for the project, the CBO's role, and ways to incorporate the project into curriculum.
- Challenges Facing the CFO: Leadership, Culture, and Ethics. This session will outline and illustrate the multiple roles, skills, and ethical challenges confronting chief financial officers, particularly when facing significant organizational change. Current and future chief business and financial officers will learn ways to develop the skills needed to succeed.
- Aligning Budget and Curriculum. How should an institution allocate financial resources equitably and efficiently? Find out how the dean and administrators at an institution implemented a new budget process to allocate resources based on curricular need. Panelists will discuss how defining instructional costs aligns budget with curriculum and provides transparency to department administrators and faculty. Learn how to identify true instructional costs and eliminate worst practices of rollover budgeting.
- Changing Business Models in Higher Education. Affordability has become a key topic as higher education faces the demand for innovative instruction, productive research, compliant operations, and transparency—all while offering cost-effective and affordable programs. Find out the approaches institution leaders are implementing to increase revenues, constrain costs, and enhance operational effectiveness.
- Proven Strategies to Increase Net Tuition Revenue. Hear from a panel of senior enrollment professionals about the most effective enrollment strategies. Find out how they have been able to grow net tuition revenue, improve retention, and produce a measurable return. Panelists will share ways to make the case for investments in resources that drive fiscal stability and institutional growth through enrollment, and explain how these investments compound over time.
- Models for Expanding the Global Presence of Universities. Learn how institutions can establish a physical presence overseas and offer the benefits of a Western education to foreign students in their home countries. Explore inter-national engagement strategies and the administrative and financial aspects required to execute them.
- Protecting Personally Identifiable Information. Each year thousands of incidents of data loss occur at institutions, and each incident can have hundreds of lost records associated with it. Find out how you can implement a Personally Identifiable Information protection plan designed to limit liability and mitigate reputation risk.
Envision a Bright Tomorrow
This year's general session speakers will share insights on how to maximize performance and seize opportunities as well as grasp a better understanding of emerging political landscapes. Bestselling author and thought leader Frans Johansson brings insight on radical innovation, while veteran broadcast journalist Judy Woodruff brings groundbreaking reporting experience and will share insights on the changing political landscape. A third general session speaker will be announced soon.
Bestselling author and noted visionary. Frans Johansson, author of The Medici Effect: Breakthrough Insights at the Intersection of Ideas, Concepts and Culture (Harvard Business Review Press, 2004)—which has been translated into 18 languages and named one of the top 10 best business books by Amazon.com—will speak on Sunday, July 14. Johansson's second book, The Click Moment: Seizing Opportunity in an Unpredictable World (Portfolio Hardcover, 2012), was named by Fast Company as one of the best business books in 2012.
In his books and presentations, Johansson shows how the best ideas and innovation come from collaboration among people with diverse experiences, skills, expertise, perspectives, backgrounds, and cultures. Attendees will learn through examples what they need to do to break down silos and bring out the best that everyone has to give to any challenge or opportunity.
Raised in Sweden by his African-American-Cherokee mother and Swedish father, Johansson comes from a diverse background. He earned a bachelor's degree in environmental science at Brown University and an MBA at Harvard Business School. He founded both a Boston-based software company and a medical device company in Baltimore and Stockholm, and is now CEO of the strategy consulting firm, the Medici Group. He has written articles on health care, information technology, and the science of sport fishing. Johansson has been featured on CNN's AC360, ABC's Early Morning Show, and CNBC's The Business of Innovation series.
Award-winning broadcast journalist. PBS NewsHour coanchor Judy Woodruff, who has covered politics and other news for more than three decades at CNN, NBC, and PBS, will speak on Tuesday, July 16. Currently, she also anchors a monthly program for Bloomberg Television, Conversations With Judy.
For 12 years, Woodruff served as anchor and senior correspondent for CNN, anchoring the weekday political program, Inside Politics. At PBS from 1983 to 1993, she was the chief Washington correspondent for The MacNeil/Lehrer NewsHour. From 1984 to 1990, she also anchored PBS' award-winning weekly documentary series, Frontline With Judy Woodruff.
At NBC News, Woodruff served as White House correspondent from 1977 to 1982. She also served as NBC's Today chief Washington correspondent.
Woodruff wrote the book, This Is Judy Woodruff at the White House (Addison-Wesley, 1982), and was a visiting professor at Duke University's Sanford Institute of Public Policy, teaching a weekly seminar course on media and politics. She was a visiting fellow at Harvard University's Joan Shorenstein Center on the Press, Politics and Public Policy, where she led a study group on contemporary journalism issues.
Woodruff is a founding cochair of the International Women's Media Foundation, which promotes and encourages women in communication industries. She serves on the boards of several organizations, such as the Freedom Forum, the Newseum, and the Urban Institute, and has received several awards for excellence in journalism.
Gear Up for Good Times
Don't let the annual meeting speed away from you without taking advantage of all the special entertainment and networking opportunities that will be available at the event. Here's a quick rundown of what's in store for you.
- Golf tournament. Join your colleagues on Saturday morning, July 13, for a round of golf at the Brickyard Crossing, a one-of-a-kind course located on the grounds of the world-famous Indianapolis Motor Speedway. Designed by renowned golf-course architect Pete Dye, it features 4 of its 18 holes inside the IMS oval and is ranked as one of America's Top 100 public courses by Golf Digest. Transportation will be provided. A separate fee and advance sign-up is required.
- A memorable opening event. Catch up with friends and meet new colleagues at the Eiteljorg Museum of American Indians and Western Art on Saturday evening, July 13. This unique museum strives to inspire an appreciation and understanding of the art, history, and cultures of the American West and the indigenous peoples of North America.
- NACUBO Fitness and 5K. Keep up your exercise routine with twice-daily fitness sessions on Sunday and Monday. On Tuesday, July 16, challenge yourself to a 5K fun run or walk at the White River State Park.
- First-Timer Attendees Breakfast. First-time attendees are invited to this special breakfast on Sunday, July 14, where they will learn how to navigate the many happenings at the annual meeting and get to know their colleagues and NACUBO leaders.
- International Luncheon. On Sunday, July 13, international attendees are invited to a luncheon with NACUBO leadership to discuss their unique settings and how the association and they can work together to advance higher education worldwide.
- Happy Hour in the Expo. Join vendors and attendees for refreshments in the exhibit hall on Sunday evening, July 14. Tour the exhibits and take advantage of this additional time to connect with representatives from companies that offer products and services to campuses.
- Awards reception. Award recipients and their guests are invited to this reception on Sunday, July 14. The awards honor individual and institutional excellence. Attendance is by invitation only.
- Primary Representatives' Breakfast. The primary representatives of eligible NACUBO member institutions are invited to a special breakfast on Monday to discuss the important business and financial matters facing NACUBO and higher education. Attendance is by invitation only.
- Campus tour. Visit IUPUI, portions of which were formerly the University Place Conference Center and Hotel, which has now been transformed into a multiuse facility that includes student housing, a dining hall, and classroom space.
- A grand closing event. The Indiana Roof Ballroom, affectionately called the "Roof," will host the closing event on Tuesday, July 16. This historic landmark, located above the Indiana Repertory Theatre, has been thrilling guests since 1927 with its decor styled after the courtyard of a European village.
- Constituent networking opportunities. Meet individuals at similar institutions to share your unique challenges and opportunities. In addition, sessions designed to be of special interest to constituent groups, will be held throughout the conference. Check the final program for details.
Corporate Showcases Enhance the Overall Program
Seven corporate showcases offer new solutions to a variety of issues. Focused on a number of topics, these sessions will be integrated with the rest of the conference so that attendees can catch several throughout the annual meeting. Advance sign-up is not necessary. A schedule of the following showcases will be included in the on-site program.
- Russell Investment—Managing Risk in Your Investment Portfolio.
- Ellucian—How Can You Maximize Your Current Investment?
- Higher One—The Evolution of Campus Decision Making.
- PricewaterhouseCoopers—Changing Business in Higher Education.
- TIAA-CREF—Fiduciary Practice Management: The Art of Due Diligence to Meet and Exceed Your Fiduciary Responsibilities—Time for an RFP?
- Tuition Management Systems—More Services, More Conveniences, More Efficiencies, Same SIS.
- Workday Inc.—Up, Up and Away—Institutions Moving Their Financials to the Cloud.
For more information and to register for the NACUBO 2013 Annual Meeting, visit www.nacuboannualmeeting.org.
LINDA DAILY, Falls Church, Virginia, is a contributing editor for Business Officer.