THE CHANGE LEADER

Tag: higher ed business model

Strategic Adaptation of Higher Education - Navigating 2024 and Beyond - The Transformation of Higher Education by Tamara Taylor

Strategic Adaptation in Higher Education: Navigating 2024 and Beyond:

Embracing Transformation and Resilience in Higher Education Business Models

  A Fundamental Rethink of the Higher Education Business Model In the rapidly evolving landscape of higher education, institutions must embrace educational innovation and strategic adaptation to change. This involves recognizing new realities in the academic world to stay relevant and effective. The landscape of higher education is being reshaped by several formidable challenges that necessitate a fundamental rethink of the higher education business model. To understand why change is not just necessary but imperative, it is essential to dissect the issues that are causing institutions to falter and compelling them to seek new paths to sustainability. With evolving financial models, colleges and universities–beyond the Ivy League–need to explore sustainable solutions that balance educational quality with fiscal responsibility.   Shrinking Tuition Income from Declining Enrollments and Shifting Demographics One of

Changing Higher Ed Podcast 180 with Drumm McNaughton and Catherine Friday - A Global Shift in Higher Education Requires a New Business Model

A Global Shift in Higher Education Requires a New Business Model:

Changing Higher Ed Podcast 180 with Drumm McNaughton and Catherine Friday

Navigating a Global Shift in Higher Education The traditional business model of higher education is facing an unprecedented challenge on a global scale. For universities that don’t have the cushion of the Ivy League list, the stark reality of declining enrollment and soaring costs looms large. Today’s educational leaders are grappling with a landscape where class sizes have shrunk to nearly 70-80% of what they were just half a decade ago. This contraction is not a mere ebb and flow but a clarion call for a fundamental change in how these institutions operate.   Cutting costs, a go-to strategy in lean times, has reached its limits. Universities are discovering that austerity measures alone can’t bridge the gap between dwindling revenues and rising expenses. There’s a pressing need to reassess underutilized

Changing Higher Ed Podcast 171 with Host Dr. Drumm McNaughton and Guest Amy Privette Perko - $16 Billion in College Sports Revenue and Regulations: Knight Commission Insights

College Sports Revenue and Regulations: Knight Commission Insights:

Changing Higher Ed Podcast 171 with Host Dr. Drumm McNaughton and Guest Amy Privette Perko

  By 2032, according to a new report from Knight Commission on Intercollegiate Athletics in partnership with CLA (CliftonLarsonAllen), college sports revenue, including college football playoff revenue and new lucrative conference media contracts, is projected to reach $16 billion annually for 54 schools with the most lucrative football programs.   During this same time frame, the report also finds that 26 of these 54 schools will likely pay their head football coaches and ten assistants more than what they spend on hundreds of athletes, their scholarships, lodging, food, medical expenses, and insurance coverage.   In this episode of Changing Higher Ed®, Dr. Drumm McNaughton discusses these shocking findings, along with where this money should go and how it must be spent, with Amy Privette Perko, CEO of the Knight Commission

Reinventing the Business Model for Small Colleges - Rosemont College | Changing Higher Ed Podcast with Jayson Boyers

Reinventing the Business Model for Small Colleges:

Changing Higher Ed Podcast 114 with Host Dr. Drumm McNaughton and Guest Jayson Boyers, former President of Rosemont College

Reinventing the Business Model for Small Colleges – Changing Higher Ed Podcast 114 with Host Dr. Drumm McNaughton and Guest Jayson Boyers, former President of Rosemont College   Jayson Boyers is part of a new breed of higher education leaders who come from the business world. When Boyers was working with a financial services company, he decided to work with mentoring young people. He got involved with a program, then became its educational director, helping highly at-risk youth get into college. On one of their college tours, a school happened to need a dean, and they asked Boyers if he was interested. He is the former president of Rosemont College, a small liberal arts school in the greater Philadelphia area, and recently joined the Rochester Institute of Technology as Managing

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