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Keynote Speaker: Shankar Vedantam, NPR's social science correspondent and the Host of Hidden Brain.
NPR science correspondent Shankar Vedantam offers unique insights into how our unconscious biases — what he calls the hidden brain — affect the decisions we make both personally and as groups and organizations. He bases these insights on data, not on psychological theories of the subconscious. Few speakers bring such a trove of breakthroughs in social science research to their audiences’ concerns.
The Hidden Brain. Like a puppeteer behind a curtain, the hidden brain shapes our behavior, our choices, and the course of our relationships. But unconscious biases don’t just live in our individual brains; they also influence the success or failure of our organizations. In his presentations, as in his book The Hidden Brain: How Our Unconscious Minds Elect Presidents, Control Markets, Wage Wars, and Save Our Lives, Vedantam reveals these unconscious patterns and he lays out ways in which we can avoid the mistakes they often cause.
Session Duration: 60 minutes; 11:15am - 12:15pm ET
12:15 PM
Expo Hall
1:30 PM
At the Intersection of Key Business and Legal Issues: An Essential Partnership Between the Campus Business Officer and Campus Counsel
As the business landscape for higher education has been transformed and as institutions face myriad challenges that arose for many pre-COVID-19 and were further exacerbated by the pandemic, business officers must navigate the changes and work toward solutions. Partnering effectively with campus counsel is essential to finding feasible solutions that both meet the needs the college or university and are legally sound. An expert business officer and two seasoned campus attorneys will discuss key legal issues and the formula for effective collaboration. Cosponsored by the National Association of College and University Attorneys.
Learning Objectives:
Identify key legal issues that emerge around the business of higher education and discuss effective ways to collaborate on those issues
Demonstrate an understanding of legal issues related to personnel matters such as furloughs, RIFs, hiring freezes, retirement incentives, and benefits adjustments
Discuss how an effective partnership with counsel can work well and possible obstacles to that partnership
Session Duration: 60 minutes; 1:30 - 2:30pm ET
1:30 PM
Community College Business Officers Roundtable
Session Duration: 60 minutes; 1:30 - 2:30pm ET
1:30 PM
Post-Pandemic Higher Education: Accelerating Financial Sustainability With a Zero-Based Mindset
Discover how higher education institutions can apply zero-based methodology to prepare for a post-vaccine world. An overview of trends accelerated by the pandemic will prepare business officers to engage with institutional partners in proactive and responsive financial planning conversations. Panelists will share how zero-based budgeting can be applied and tailored to an institution’s strategic goals. Participants will leave this session with a new mindset for ensuring short-term and long-term financial sustainability for their institutions.
Learning Objectives:
Demonstrate applicability of key higher education pandemic initiated or accelerated trends
Assess the extent to which current budgeting models have impacted the ability to respond to changing needs
Identify the benefits of instituting a zero-based budget approach
Session Duration: 60 minutes; 1:30 - 2:30pm ET
1:30 PM
The $50b Cost of Excess Capacity in Higher Education and What To Do About It
As the U.S. began to recover from the Great Recession, enrollments dipped and previously built classroom “seats” at colleges and universities became unfilled or “excess” capacity. The COVID-19 pandemic further exacerbated this issue. The total cost burden associated with excess capacity could be as high as $50 billion. EY-Parthenon and the Lumina Foundation have collaborated to develop a set of metrics for measuring excess capacity and the implied cost burden placed on institutions. Our panel will discuss the findings of this joint study as well as actions that institutions can take in response to the excess capacity challenge.
Learning Objectives:
Demonstrate applicability of key higher education pandemic initiated or accelerated trends
Assess the extent to which current budgeting models have impacted the ability to respond to changing needs
Identify the benefits of instituting a zero-based budget approach
This presentation will provide an overview of the types of technology solutions that exist to support compliance with Governmental Accounting Standards Board Standard 87 (“GASB 87”) – Leases, and insights from the commercial sector where such solutions have been utilized for compliance with ASC 842. Deloitte will present their proprietary software for lease accounting under GASB 87, LeaseController. The presentation will explain its features for data entry for new and modified leases, the standard reports it offers, and its workflow capabilities.
Session Duration: 30 minutes; 2:45 - 3:15pm ET
2:45 PM
Expo Hall/Networking
2:45 PM
Young Professionals Meet and Greet
Session Duration: 30 minutes; 2:45 - 3:15pm ET
3:30 PM
Embracing Compliance, Security, and Technology in a COVID World
This session will explore the technological innovations reshaping higher education today in the context of the COVID-19 pandemic. Join practitioners and industry experts as they provide insights on processing contactless payments and meeting compliance expectations while following social distancing guidelines. The presenters will also tackle new technological security challenges and threats facing both students and administrators. In addition, this session will explore actionable strategies to prevent breaches and increase awareness across higher education institutions.
Learning Objectives:
Gain insights on the technology innovations reshaping higher ed today, including data analytics
Understand compliance expectations with contactless and cashless payment expectations
Identify technological security threats facing student accounts and institutions today
Session Duration: 60 minutes; 3:30 - 4:30pm ET
3:30 PM
Leveraging Budget Models for Cultural Transformation
COVID-19 has stressed budgets and business models. To survive, institutions must invest in their future by equipping academic leaders to make strategic budgetary decisions and resource reallocations. Hear how academic unit budgets can be used for strategic alignment and cultural transformation. Strategies covered include incentive based budgets, internal reallocation, seed funding, indirect cost recovery, and others.
Learning Objectives:
Demonstrate an understanding of how academic units can leverage strategic budgeting for transformational change
Recognize first-order and second-order change in order to support transformational change in academic units
Acquire at least one budget tactic they can implement or share for transformative change
Session Duration: 60 minutes; 3:30 - 4:30pm ET
3:30 PM
The Many Faces of Supplier Diversity—A Solution as Unique as Your Institution
A supplier diversity program is a natural fit for any college or university focused on diversity and inclusion. An effective supplier diversity program expands the procurement universe, increases competition, lowers overall cost, and increases value to your campus. How do you develop an effective program? Supplier diversity initiatives are as unique as your institution, and your specific situation and goals will drive the program you create. This panel discussion provides an inside look at three very different programs, each with a different focus for their supplier diversity journey.
Learning Objectives:
Identify various ways a supplier diversity program can bring value to your campus
Demonstrate how a supplier diversity program can extend beyond typical commodity areas to leverage professional services
Recognize the importance of community outreach in building a successful supplier diversity program
