Master Class Series: Financial Transformation During COVID-19
October 9–December 2, 2020 | 3:30–5pm ET | See Schedule for Full Session Details
NACUBO and ABC Insights are
pleased to offer this executive education series exclusively for chief business
and financial officers. During this course, offered every other week this fall, Jim Hundrieser,
NACUBO’s vice president consulting and business development, and Paul Friga, University of North Carolina's Kenan-Flagler strategy professor and the co-founder and chief strategy officer of ABC Insights, will facilitate deep-dive discussions on the essentials needed to operate in the current higher education environment.
The sessions will also feature subject matter experts from EY Parthenon, Huron, and
We have carefully curated this
master class series to actively engage CBOs by institutional type with break
outs, report-outs, and best practice sharing.
If you would like to participate in this course, please begin by completing this form. This course is limited to 90 participants and individuals will be selected based on diversity of institution type (small, medium and large) and affiliation (private or public).
This program is limited to chief business and financial officers who report directly to a president or chancellor.
Learn more about this executive program during this brief overview. You'll hear directly from facilitator Paul Friga, and gain a sense of what each course will offer, the systematic approach facilitators will provide, and learning objectives.
NACUBO’s professional development programs are designed to deliver the skills, concepts, and best practices for success to individuals in the business of higher education. The following course information is provided to help you determine the best learning experience to meet your needs
With every week a different scenario of likely possibilities emerges. This session explores how to use data models to move beyond basic scenario testing to developing a consistent process and a tactical understanding of the financial realities facing your institution. You’ll also learn how to manage for the future.
Understand how to estimate the real financial impact an institution may face
Discuss successful change management practices
Understand the levers available to make the financial model of the institution more resilient to market changes and competitive threats
Higher education institutions are fundamentally people-driven organizations. A purposeful workforce management strategy that incorporates a change leadership approach can minimize negative restructuring impacts and improve organizational effectiveness.
Examine purposeful workforce management strategy
Incorporate a change leadership culture
Understand organizational impacts through administrative changes
The pandemic has brought additional financial stress to the higher education industry which requires business officers to consider solutions that may not have been seen as viable before. This session will focus on actions CFOs can take to define creative models that should be considered for administrative functions. We will discuss frameworks for identifying processes that can be automated and/or standardized, and the necessary technology enablers.
Define what the future of administrative work looks like
Identify processes colleges and universities could automate and/or standardize
Identify the technology enablers required for success
The pandemic is driving permanent change in how colleges and universities deliver education, serve students, and operate administratively. This session will focus on actions CFOs can take to prepare their institutions to thrive in the post-pandemic world. In particular, we will discuss how a “zero-based mindset” can help you drive the institution to allocate its resources and investments to where they are most needed.
Describe the likely post-pandemic future of higher education and the evolving needs of faculty, students, and employees and the implication on your operations
Create visibility and transparency in where the institution deploys its resources (people, budget)
Target and prioritize the most valuable opportunities for transformation
NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org.
This event is supported by:
NACUBO Town Hall: Financial Responsibility Rules and Clarifications
November 30, 2020 | 1–1:45 pm ET
Unconscious Bias: Increasing Awareness as Leaders
December 4, 2020 | 1–2:00 pm ET
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