{"id":31230,"date":"2012-07-23T11:07:31","date_gmt":"2012-07-23T15:07:31","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=31230"},"modified":"2012-07-23T11:18:10","modified_gmt":"2012-07-23T15:18:10","slug":"the-financially-sustainable-university-a-bain-brief-by-denneen-dretle","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2012\/07\/23\/the-financially-sustainable-university-a-bain-brief-by-denneen-dretle\/","title":{"rendered":"&#8220;~1\/3 of colleges and universities spending more than they can afford.&#8221; The financially sustainable university [A Bain Brief by Denneen &#038; Dretle]"},"content":{"rendered":"<p><a href=\"http:\/\/www.bain.com\/publications\/articles\/financially-sustainable-university.aspx\" target=\"_blank\"><strong>The financially sustainable university<\/strong> <\/a>&#8212; from bain.com, a Bain Brief by Jeff Denneen and Tom Dretle<\/p>\n<p><em>Excerpts<\/em> (<em><span style=\"color: #800000;\">emphasis DSC<\/span><\/em>):<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"color: #800000;\">Still, at the majority of institutions, <strong>the pace of change<\/strong> is slower than it needs to be.<\/span> <strong><span style=\"color: #800000;\">Plenty of hurdles exist, including the belief that things will return to the way they always were. (Note: They won\u2019t.)<\/span> <\/strong>But the biggest obstacle is more fundamental: While leaders might have a sense of what needs to be done, they may not know how to achieve the required degree of change that will allow their institution not just to survive, but also thrive with a focused strategy and a sustainable financial base.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">Too often, stakeholders believe that the current cash crunch and need for change is a temporary phenomenon that will subside as the economy continues to improve. <span style=\"color: #800000;\">But those who see things this way probably haven\u2019t been exposed to <strong>the data presented here and in other reports that show convincingly that this time is different.<\/strong> Faculty and other key stakeholders must be shown clear and compelling facts to disprove the \u201creturn to the status quo\u201d notion and to clarify <strong>the corresponding negative implications and consequences of inaction.<\/strong><\/span><\/p>\n<p><span style=\"color: #ffffff;\">.<\/span><\/p>\n<p><a href=\"http:\/\/www.bain.com\/publications\/articles\/financially-sustainable-university.aspx\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-31231\" title=\"TheFinanciallySustainableUniversity-July2012-Denneen-Dretle\" src=\"http:\/\/danielschristian.com\/learning-ecosystems\/wp-content\/uploads\/2012\/07\/TheFinanciallySustainableUniversity-July2012-Denneen-Dretle.jpg\" alt=\"The Financially Sustainable University - July 2012 - a Bain Brief by Denneen &amp; Dretle\" width=\"533\" height=\"750\" border=\"0\" srcset=\"http:\/\/danielschristian.com\/learning-ecosystems\/wp-content\/uploads\/2012\/07\/TheFinanciallySustainableUniversity-July2012-Denneen-Dretle.jpg 533w, http:\/\/danielschristian.com\/learning-ecosystems\/wp-content\/uploads\/2012\/07\/TheFinanciallySustainableUniversity-July2012-Denneen-Dretle-106x150.jpg 106w\" sizes=\"auto, (max-width: 533px) 100vw, 533px\" \/><\/a><\/p>\n<p style=\"text-align: center;\">\n","protected":false},"excerpt":{"rendered":"<p>The financially sustainable university &#8212; from bain.com, a Bain Brief by Jeff Denneen and Tom Dretle Excerpts (emphasis DSC): Still, at the majority of institutions, the pace of change is slower than it needs to be. Plenty of hurdles exist, including the belief that things will return to the way they always were. (Note: They [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[113,61,86,209,115,36,35,3,180,74,239,431,44,436,310,20,214],"tags":[627,52,614,586,585,566,661,607,251,774,590,637,779,722,579],"class_list":["post-31230","post","type-post","status-publish","format-standard","hentry","category-21st-century","category-business-side-of-he","category-change","category-changing-business-models","category-colleges","category-future-of-higher-education","category-game-changing-environment","category-higher-education","category-innovation","category-leadership","category-new-business-models","category-organizational-change","category-pace-of-change","category-reinvent","category-staying-relevant","category-strategy","category-universities","tag-21st-century","tag-budgetary","tag-change","tag-future-of-higher-education","tag-game-changing-environment","tag-higher-education","tag-innovation","tag-leadership","tag-new-business-models-in-he","tag-organizational-change","tag-pace-of-change","tag-perfect-storm","tag-reinvent","tag-staying-relevant","tag-strategy"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/31230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=31230"}],"version-history":[{"count":8,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/31230\/revisions"}],"predecessor-version":[{"id":31239,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/31230\/revisions\/31239"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=31230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=31230"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=31230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}