Lori Herrick, the chief financial officer at Abilene Christian University in Abilene, Texas, joins host Donna Schiele on the CBO Speaks podcast.
In this episode, Herrick discusses her experience as the first woman CFO in Abilene Christian University's history. She talks about overcoming impostor syndrome as a woman leader and pioneering a seat at the table in higher education finance.
Herrick also covers strategies for developing her team through mentorship and succession planning. "I want to build people up underneath me," she says, emphasizing the importance of believing in her direct reports' potential and goals.
Additional topics include:
- Navigating the changing higher education landscape and demographic cliff
- Pivoting academic programs online during COVID-19
- Preparing a residential campus for continued growth amid enrollment declines
- Balancing her finance responsibilities across ACU's Abilene and Dallas campuses
Tune in for an insightful conversation about leadership and innovation with Abilene Christian University's groundbreaking CFO, Lori Herrick.