We now have the first tax code reform since 1986, plus nonprofit financial reporting standards changes in Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2016-14. Is your institution ready for these big changes? There are several specific elements of both that higher education leaders need to be aware of and actively planning for. […]
One of the core values that every institution embodies is commitment to preserving the campus environment and surrounding communities. As institutional leaders develop strategic plans, increasing that commitment is a priority for many colleges and universities. Facilities leaders, sustainability directors, and finance officers all play significant roles in improving the campus environment and empowering students […]
I once heard a speaker say that passwords are like underwear: change them often, keep them long, don’t leave them lying on your desk, and don’t share them. As a security professional, I have been discussing the need for stronger passwords for almost 20 years, and not much has changed during that time. Each time […]
Are you prepared? Have you been adequately securing records? Do you have a disaster recovery plan? What would happen to you, your institution, and your students in the event of a disaster? While the nation is recovering from the most recent storms—Harvey, Irma, and Maria—we reflected on our preparedness at Weber & Associates. We know […]
Terminating for Moral Failure: How to personally thrive when terminating senior staff The third-hand rumor of sexual misconduct came to my office. Without corroboration, I could do nothing. I would not, and could not, ask a valued senior staff member about a sexual rumor. Without substantiation, I could not cause his spirit harm with such […]
Alternative revenue streams for higher education institutions are gaining momentum. How can your institution grab hold of this opportunity? First, take heed: “Which of you, wishing to build a tower, does not first sit down and count the cost to see if he has the resources to complete it?” (Luke 14:28). Below is a brief […]
Russia, China, the CIA, and FBI. Hacking has been receiving a great deal of attention lately in the political arena, but many higher education leaders may not realize the severity and scope of the threat to their very own institution.The reality is that colleges and universities face unique cybersecurity challenges, so it’s critical that administrators […]
We all agree that colleges are facing significant financial challenges and need to do everything possible to improve the bottom line. We would also agree that developing our employees professionally is important. So, can you cut the professional development budget? When tough financial times challenge us to cut costs, the professional development budget is […]
I’ve always believed that one of the most unique characteristics of higher education is an inherent willingness to collaborate. Higher ed is an amazingly supportive culture where administrators, academic researchers, scientists and professors learn from and build upon each other’s successes. The same can be said for higher education procurement. Given the financial pressure today’s […]
On October 17, 1777, English General, Gentlemen Johnny Burgoyne, surrendered an entire British Army to Horatio Gates, commander of the American forces at Saratoga, New York. If the battle of Lexington produced the “shot heard round the world” then Burgoyne’s surrender at Saratoga produced the “shock heard round the world.” At Saratoga the unthinkable happened. […]
