{"id":41200,"date":"2013-07-12T11:26:22","date_gmt":"2013-07-12T15:26:22","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=41200"},"modified":"2013-07-12T14:16:30","modified_gmt":"2013-07-12T18:16:30","slug":"reflections-on-cfo-survey-reveals-doubts-about-financial-sustainability-lederman","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2013\/07\/12\/reflections-on-cfo-survey-reveals-doubts-about-financial-sustainability-lederman\/","title":{"rendered":"Reflections on &#8220;CFO survey reveals doubts about financial sustainability&#8221; [Lederman]"},"content":{"rendered":"<p><a href=\"http:\/\/www.insidehighered.com\/news\/survey\/cfo-survey-reveals-doubts-about-financial-sustainability\" target=\"_blank\"><strong>CFO survey reveals doubts about financial sustainability<\/strong><\/a> &#8212; from by Doug Lederman<\/p>\n<p><em>Excerpt (<span style=\"color: #800000;\">emphasis DSC<\/span>):<\/em><\/p>\n<p style=\"padding-left: 30px;\">But what do those with the closest eyes on their own institutions&#8217; bottom lines &#8212; chief college and university business officers &#8212; think? Turns out they&#8217;re not particularly upbeat, either &#8212; about their own colleges&#8217; futures or the higher education landscape more generally.<\/p>\n<p style=\"padding-left: 30px;\">In <a href=\"http:\/\/www.insidehighered.com\/download\/form.php?width=500&amp;height=550&amp;iframe=true&amp;title=Survey%20of%20Business%20Officers&amp;file=IHE_BOSSurvey2013finalA.pdf\" target=\"_blank\">a new survey<\/a> by <em>Inside Higher Ed<\/em> and Gallup, <strong><span style=\"color: #800000;\">barely a quarter of campus chief financial officers (27 percent) express strong confidence in the viability of their institution&#8217;s financial model over five years, and that number drops in half (to 13 percent) when they are asked to look out over a 10-year horizon.<\/span><\/strong><\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">And more than 6 in 10 CFOs disagree or strongly disagree with the statement that &#8220;reports that a significant number of higher education institutions are facing existential financial crisis are overblown.&#8221;<\/p>\n<p style=\"padding-left: 30px;\">&#8220;This is a &#8216;Houston, we have a\u00a0 problem\u2019 report,&#8221; says Jane Wellman, a higher education finance expert. &#8220;People who know what they\u2019re talking about think we have a problem down the road if some things don&#8217;t get fixed.&#8221;<\/p>\n<div><\/div>\n<div><\/div>\n<p>&nbsp;<\/p>\n<div><a href=\"http:\/\/www.insidehighered.com\/download\/form.php?width=500&amp;height=550&amp;iframe=true&amp;title=Survey%20of%20Business%20Officers&amp;file=IHE_BOSSurvey2013finalA.pdf\" target=\"_blank\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-41203\" alt=\"SurveyCollegeBusOfficers-July2013\" src=\"http:\/\/danielschristian.com\/learning-ecosystems\/wp-content\/uploads\/2013\/07\/SurveyCollegeBusOfficers-July2013.jpg\" width=\"100%\" height=\"100%\" border=\"0\" srcset=\"http:\/\/danielschristian.com\/learning-ecosystems\/wp-content\/uploads\/2013\/07\/SurveyCollegeBusOfficers-July2013.jpg 699w, http:\/\/danielschristian.com\/learning-ecosystems\/wp-content\/uploads\/2013\/07\/SurveyCollegeBusOfficers-July2013-150x85.jpg 150w\" sizes=\"(max-width: 699px) 100vw, 699px\" \/><\/a><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #800000;\">From DSC:<\/span><br \/>\n<span style=\"color: #800000;\"><strong>There is danger in the status quo. What further proof do folks need!?! <\/strong>The monkey needs to move onto the back of those who cling to the status quo &#8212; they should defend why things shouldn&#8217;t change; and after that explanation is done, they can move on to explaining to people how students and their families will pay for college 5-10 years from now. Good luck with that.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><em>Also related\/see:<\/em><\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424127887324867904578594063496621812.html?KEYWORDS=education\" target=\"_blank\"><strong>Struggling Thunderbird Business School Finds a For-Profit Lifeline<\/strong><\/a> &#8212; from wsj.org by Melissa Korn<em><br \/>\nSchool takes drastic step to stay afloat<\/em><\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p style=\"padding-left: 30px;\">The Thunderbird School of Global Management, one of the world&#8217;s top-ranked business schools, is selling its campus to a for-profit college operator as part of a last-ditch effort to bolster its finances as more people question the value of an M.B.A.<\/p>\n<p style=\"padding-left: 30px;\">The partnership with Laureate Education Inc. pushed at least two board members to resign in protest last week and angered pockets of its 40,000-person alumni community. Administrators and other insiders said Thunderbird needed to take a drastic step in order to stay afloat.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CFO survey reveals doubts about financial sustainability &#8212; from by Doug Lederman Excerpt (emphasis DSC): But what do those with the closest eyes on their own institutions&#8217; bottom lines &#8212; chief college and university business officers &#8212; think? Turns out they&#8217;re not particularly upbeat, either &#8212; about their own colleges&#8217; futures or the higher education [&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":[113,61,159,72,36,35,3,74,20,11],"tags":[],"class_list":["post-41200","post","type-post","status-publish","format-standard","hentry","category-21st-century","category-business-side-of-he","category-dangers-of-the-status-quo","category-daniel-s-christian","category-future-of-higher-education","category-game-changing-environment","category-higher-education","category-leadership","category-strategy","category-vision-possibilities"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/41200","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=41200"}],"version-history":[{"count":12,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/41200\/revisions"}],"predecessor-version":[{"id":41211,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/41200\/revisions\/41211"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=41200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=41200"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=41200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}