Shifting from a Scarcity Mindset to an Opportunity Mindset
Series: Costs Down, Quality Up Historically, initiatives to improve quality have also meant added cost—smaller class sizes, more faculty who conduct research, etc.—but this is no longer a sustainable model for all institutions. What are the innovations that can actually drive the cost to educate a student lower while driving critical outcomes like student success and completion higher? This series offers provocative questions that challenge the cost-quality paradigm and the old ways of managing institutional strategy and growth. Also in this series:Why Good is Still the Enemy of Great at Most Colleges and UniversitiesRethinking General Education: Too Many Options?3 Ways to Address the Cost/Quality Challenge Facing Higher Ed: Lessons from the Healthcare SectorOvercoming the Heavy Weight of Tradition: A Practical Approach The Danger in a Scarcity Mindset Many institutions have responded unproductively to economic scarcity in recent years—often by freezing in place. Institutions have reduced spending, streamlined inefficient practices and shelved futuristic plans, in effect trying to do the same work with fewer people and fewer dollars. We don’t mean to sugar coat or deny problems. The lack of investment capital or any number of other critical resources presents real and difficult challenges, leaving institutions with hard choices to make. But this way of […]