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Report on the Fall 07 ABET Board Meeting Arnie Peskin, IEEE Representative Director, ABET Board of Directors Nov. 17, 2007 Boston, MA.

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Presentation on theme: "Report on the Fall 07 ABET Board Meeting Arnie Peskin, IEEE Representative Director, ABET Board of Directors Nov. 17, 2007 Boston, MA."— Presentation transcript:

1 Report on the Fall 07 ABET Board Meeting Arnie Peskin, IEEE Representative Director, ABET Board of Directors Nov. 17, 2007 Boston, MA

2 ABET Annual Meeting l 75 th Anniversary Event l Program was much better than usual, i.e. : l Todd Nissen, US Trade Representative (on accreditation and globalization) l Charles Vest, Pres. of NAE, past pres. of MIT (on attributes of future engineers)

3 Board Meeting--- Major Topic Was Financials l ABET Reserves are perilously low (estimates are from under $100k to $191k projected year-end). l ABET Leadership team expect to add an additional $177k in l Have made operational changes in financial management l No imminent cash-flow problem. l Goal is to reach goal of 30% reserves within next three years.

4 Details added in Executive Session l The numbers are not confidential l My opinions are not confidential l Specific causes and remedies may be.

5 How did this happen? l IEEE has been warning ABET of this danger for at least two years. l Budgets are set early, changed capriciously during the year. l Systemic flaws in budgeting, reporting and analysis. l Transitions to new model & software mishandled.

6 Actions Now Being Taken l $350k in additional expense reductions and revenue increases identified for l Changes to forecasting and reporting. l Staff consolidation due to attrition.

7 Longer Term Measures l Strategic and governance issues, current structure ineffective. l Staff changes, new external auditor. l A management consultant will be retained in 2009.

8 Reaction of the Board l Mixed: some see a crisis, others are more ambivalent. l IEEE/CSAB Directors are skeptical that the worst is behind us. l EAB should be prepared for an assessment increase despite assurances to the contrary.

9 Other Major Issues l Board Operations Task Group l PAVE l International Accreditation

10 Board Operations Task Group l Staff has partially implemented the prior recommendations on transparency and engagement. l They expect full implementation in the coming year. l Next interim Board teleconference scheduled for Feb. 6, 2008

11 PAVE l Society survey and Society Summit helped capture best practices. l PEV Training fully implemented; usable application expected this year l Should go into maintenance mode within one year. l Financial ramifications: there are additional economies to be derived by scaling down training plans

12 International Accreditation l Full implementation is ramping up. l Trend is to blur the distinction between domestic and international l But apparently this is not a culprit in budget shortfall.

13 Other Noteworthy Actions l Liabilities associated with the word safety in EAC criteria l NCOSE voted onto ABET Board with shared responsibilities in Systems Eng. l ABET will levy a fee for Observer attendance at meetings. l Establishment of an ABET Foundation to support special projects

14 BOD l Skip Fletcher new ABET President; Joe Sussman new President-elect l Bruce Eisenstein succeeds Arnie Peskin as IEEE Director l Departed from custom by conducting some business before adjournment

15 Report on Strategic Management Initiative l Governance, Globalization and Education l Just getting organized l Developing guiding principles and postulating possible outcomes

16 Likely Strategic Outcomes l Add academic and industrial Board representation, yet making Board smaller l Establish authentication and portability of credentials l Accommodate alternative course delivery systems. l The future of campus visits???

17 Next Meetings l Inter-meeting teleconference, Feb. 6 l Next meeting scheduled for March 28 in Baltimore l May be cancelled in favor of another teleconference as a cost saving

18 Personal Reflections l This is a critical moment for ABET l ABET would have been far worse off without the activism of IEEE l ABET is worth preserving.


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