The ideas are based on more than 20 years of work with more than 80 colleges and universities. In the 1990s, KH published more than 500 ideas in a booklet called, Beyond the Ivory Tower. This booklet was sold nationwide as a handy reference guide. It was based on an earlier poster of 50 cost-savings ideas that the KH President had worked on while with the Academy for Educational Development (AED) in Washington, D.C.
The ideas shared are not prescriptive and will not work in all situations or at all institutions. Some of the ideas are tactical - quick victories to save money in easy ways. Others are strategic, requiring careful analysis before implementing. The ideas can be grouped typically as strategies and tactics to:
- Manage costs
- Enhance revenues
- Allocate resources more effectively
KH will routinely post a new idea to stimulate thinking about new approaches to addressing the fiscal challenges facing colleges and universities today. We encourage others to share their experiences, reactions, and insights and, thus, form a network of stronger educational institutions that can weather the years ahead.
We hope you find this useful.
Gayla Kraetsch-Hartsough, Ph.D.
KH Consulting Group