With high awareness and understanding of the financial challenges their institution faces, proactive board chairs and trustees are asking senior college and university leaders—particularly finance leaders—tough questions. Many CFOs of U.S. colleges and universities currently struggle to answer these questions. The core barrier may be organizational silos of financial responsibility across functions or schools that make planning and decision making regarding strategy and strategic allocation of resources difficult at best.
Download this whitepaper as our team of Higher Education experts discusses:
- The stages of financial planning maturity
- How organizations can progress their maturity
- How to build an analytical foundation
- Four best practice planning characteristics