1 / 8

Tools for Effective Leadership and Governance in an Era of Constrained Resources

Explore effective tools and strategies to lead independent schools amidst economic constraints. This resource delves into financial sustainability, coping with limited resources, and revenue and expense options. Developed based on CAIS Heads Survey responses and prior NAIS/NBOA Symposium work, this guide emphasizes the importance of strategic responses and communication. Learn how to address critical financial drivers such as tuition, fundraising, and endowment management, with a focus on achieving long-term outcomes and impact.

msue
Télécharger la présentation

Tools for Effective Leadership and Governance in an Era of Constrained Resources

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tools for Effective Leadership and Governance in an Era of Constrained Resources James P. Honan Senior Lecturer on Education Harvard Graduate School of Education

  2. Key Financial Challenges/Drivers for Independent Schools • Tuition/Financial Aid • Fundraising/Capital Campaign • Enrollment/Demographics • Salaries/Human Resources • Endowment • Debt • Physical Plant/Facilities • Non-tuition revenues

  3. CAIS Heads Survey: Responses to Economic Downturn • Lower tuition increases, increased financial aid • Expenditure reductions • Decreased revenue assumptions • Extended timelines for giving/pledges • New income/special funding • Increased, personalized, transparent communication to constituents

  4. Prior/Ongoing Work on Financial Sustainability • NAIS/NBOA Symposium- Financing Independent Schools • Financing Schools Institute • Regional/Sector Programs • CFO Symposia • Individual Schools • Other sectors

  5. Financial Sustainability: Emerging Propositions • Not a “one size fits all” concept • Responsibility for it goes beyond CFO’s • No “silver bullet” or simple answer/solution • A multi-faceted issue • Has short-term and long-term dimensions • Brings heightened attention to outcomes/impact/ROI • Requires Board/Head leadership – communication and action

  6. Coping With ConstrainedFinancial Resources Mission? Tactical Responses Strategic Responses Revenue Expense Options: • Across-the-board reductions • Targeted cuts • Reallocation James P. Honan

  7. A program logic model is a picture of how your program works – the theory and assumptions underlying the program. ...This model provides a road map of your program, highlighting how it is expected to work, what activities need to come before others, and how desired outcomes are achieved (p. 35). • W.K. Kellogg • Foundation Evaluation • Handbook (1998)

  8. http://www.wkkf.org/Pubs/Tools/Evaluation/Pub3669.pdf

More Related