Is Your Academic Program Sustainable? 5 Key Indicators
How do you measure academic program demand? The former CFO at Stanford discusses 5 key indicators that can help you gain confidence and clarity in your academic program decisions. by William F. Massy, Consultant to Higher Education, Former CFO at Stanford Universities can no longer take the sustainability of their academic programs for granted. Pressures on institutional finances and disruption and volatility in the student marketplace makes it necessary to perform systematic sustainability analyses across one’s whole portfolio of programs. Sustainability has both academic and financial dimensions. This places it close to the heart of strategic decision-making. Academic Impressions (AI) has been working on how to help people responsible for resource allocation add program sustainability as an area of focus. AI’s upcoming program on Academic Resourcing Models for Evidence-Based Decision-Making will introduce participants to the indicators, concepts, and best practices associated with program sustainability analysis. These can stimulate and inform needed conversations about sustainability among both academics and administrators. There are several reasons why such conversations help leaders get things done: Colleges and universities must deal with the inherent complexity of intellectual work and the needs and expectations of those who perform it. Academic resourcing requires the integration of disciplinary, financial, and […]

