by Michael Townsley & James Gaddy As small colleges across the country face mounting challenges—declining enrollment, financial instability, and increased operational complexity—many are rethinking what effective leadership looks like. Between 2010 and 2021,...
Push and Pull-on Authority between President and Board of Trustees in a Financial Crisis Presidents and boards of trustees often respond to a financial crisis with a destructive contest in which a board resists the president for greater authority. The president takes...
U.S. Department of Education (DOE), credit rating agencies, banks, regional accrediting commissions, and boards of trustees want assurance of financial viability from colleges and universities. Different organizations have devised and adopted metrics[1] that they...