President Chabotar Writes Article on Change in Higher Education
President Kent Chabotar wrote an article, Orchestrating Change, in the July/August edition of Business Officer Magazine.
“Increased student expectations, rising labor costs, a growing variety of instructional delivery systems, more stringent government regulations: If your college or university hasn’t already encountered these forces shaping higher education, it will soon,” Kent wrote. “And the way your institution responds will determine its financial condition not only now but also in the future.
“These major forces, together with some lesser ones, point to the inevitability of change and the need for proactive leadership. They all converge in the business office, where the CFO is expected to understand, categorize, elucidate, and address them. In short, the work of the CFO boils down to participating actively in the content and process of change.”
Responding to change falls into four main categories: institutional strategy, budgeting, technology and the political environment, he wrote.
The magazine is published by the National Association of College and University Business Officers, a 50-year-old organization representing more than 2,500 colleges, universities and higher education service providers across the country and around the world.