Economic Models Project
NACUBO developed a tool, the Economic Models Project Journey, to assist chief business officers and other college and university leaders in engaging in the critical, and sometimes difficult, discussions at their institutions about their current and future economic models. Key to these discussions is understanding that all functions and activities, all inputs and outputs, of an organization contribute to its financial well-being. Thus, discussions about financial sustainability are not limited to the business office or accounting function; they must include all aspects and cross all silos of the college or university.
If your institution would like assistance in implementing the Economic Models Project Journey, please contact NACUBO Consulting.