West Virginia Higher Education Policy Commission Building a Better Business Model From Risk Aware to Financially Sustainable Higher Education Policy Commission.

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Presentation transcript:

West Virginia Higher Education Policy Commission Building a Better Business Model From Risk Aware to Financially Sustainable Higher Education Policy Commission Board of Governor’s Summit August 2014

Reduced state support. The well of full – paying students are declining. The unbundled alternatives are improving. Growing value gap. Disruptive Forces West Virginia Higher Education Policy Commission

Providers of Capital Student needs A Focused Institution West Virginia Higher Education Policy Commission

Student wants and needs. Cost to satisfy. Convenience. Communication. Focused on Students West Virginia Higher Education Policy Commission

Strong Leadership. Right People. Confront Brutal Facts Culture of Discipline Technology High Performance Characteristics West Virginia Higher Education Policy Commission

Physical Capacity Production Capacity Salary Costs per unit Right Size West Virginia Higher Education Policy Commission

Strong Governance Engaged Risk Aware Date Informed Increase Enrollment Online Foreign Students Reduce Costs Run at Capacity Reduce the number of administrators per staff Shared Services Strategies West Virginia Higher Education Policy Commission

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