Fiscal resiliency: meeting the challenge, achieving the possible

Baker Tilly recently partnered with the Association for Governing Boards of Universities and Colleges (AGB) on a webinar about fiscal resiliency.

While COVID-19 presents a challenging time for colleges and universities, the current landscape also positions institutions and their governing boards to question past approaches and drive changes that positively impact fiscal resiliency. In this webinar, Baker Tilly’s higher education specialists discuss the key fiscal drivers to support strategy and resource alignment across all university functions and effective ways to gain institutional support for necessary and transformative decisions and actions.

Key takeaways:

• Board members play a critical role in gaining a holistic view of, and driving change relative to, mission and fiscal resiliency
• To effectively identify institutional performance gaps, it is crucial to ensure you have the right data to fully understand key performance drivers and clearly define important decisions and actions
• Dashboards to regularly monitor and assess performance and progress toward required change are key to a board’s understanding of the fiscal resiliency picture and progress toward change
• Board members play a pivotal role to engage stakeholders across the institution’s footprint for collaboration, goal-setting and leading change

For more information on this topic, or to learn how Baker Tilly’s Value Architects™ can help, contact our team.