Monday Afternoon Learning Opps

Getting Financial Plan Buy-In from Non-Financial Constituents

  • Monday, July 23
  • 03:15 PM - 04:30 PM
  • Long Beach Conv Center
  • Level 1, 102AB
  • BMO

Description

College and university decision makers face difficult resource allocation decisions to achieve their institution’s strategic goals. Non-financial constituents often miss the connections between organizational goals and their financial implications. Hear how three institutions got all parties on the same financial “page” by using a curriculum that educates students, faculty, staff, and board members about the financial drivers in higher education. The speakers will examine practices for communicating the financial effects of strategic initiatives with key stakeholders and review best practices for developing, communicating, and achieving buy-in of fiscal plans with the community at large.

Learning Objectives

  • Improve the financial literacy of non-financial constituents within your organization.
  • Recognize the risks and consequences associated with failing to obtain financial buy-in from all parties.
  • Enhance the governance and campus process for financial planning and budgeting.