Podcast Summary

Dr. Drumm McNaughton interviews Dr. Stephen Standifird, President at Bradley University, about how the university's turnaround mentality is transforming its programs, financial reporting, governance, and leadership.

Podcast Highlights

• By being customer-centric and asking prospective students what they want, higher education leaders can begin to redesign programs that attract enrollment.
• The university hired a CFO that doesn't have any higher education experience. This has proven beneficial because she brings a different perspective that helps the institution eliminate outdated processes and decisions.
• Bradley is encouraging innovation by changing decision-making processes. For example, the program review process beings with the president, provost, and CFO. In other ways, other processes are involving the deans more intentionally in the decision-making process.

To read the full show notes, visit https://changinghighered.com/successful-turnaround-strategies-higher-ed-sustainability

Resources

Dr. Drumm McNaughton provides governance consulting; strategic planning, implementation, and change management consulting, and accreditation consulting for higher ed institutions. To find out more about his services and read other thought leadership pieces, visit his firm's website, https://changinghighered.com/.

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