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Leadership Roles

C-LEVEL INTERIM MANAGEMENT

DO NOT LOSE THE MOMENTUM DUE TO THE LOSS OF A CRITICAL C-LEVEL MANAGER. INTERIM SUPPORT IS NECESSARY TO INSTILL CONFIDENCE IN BOTH INTERNAL AND EXTERNAL CONSTITUENTS WHILE ENHANCING THE HIRING COMMITTEE’S ABILITY TO CHOOSE THE RIGHT LONG TERM REPLACEMENT. WHETHER THE NEED IS IN FINANCE, OPERATIONS OR ACADEMICS, MOMENTUM MUST BE MAINTAINED AND OTHER EXECUTIVES ALLOWED TO KEEP FOCUSED ON THEIR TASKS WITHOUT THE BURDEN OF TAKING ON THE DUTIES OF A VACANT POSITION.


PARALLEL LEADERSHIP


THERE ARE TIMES WHEN A COMPANY NEEDS TO FOCUS ON BOTH THE DAILY OPERATIONS AND MAJOR ONE-TIME PROJECTS THAT ARE CRITICAL TO FUTURE SUCCESS. OFTEN THOUGH, TEAMS ARE FULLY TAXED WITH THEIR DAILY WORK AND CANNOT TAKE ON MORE AND STILL PRODUCE EXCELLENT RESULTS IN ALL AREAS. SOMETHING INEVITABLY SUFFERS – WORK QUALITY, DEADLINES, STAFF ATTITUDES OR TEAM DYNAMICS. OVERWORKED, UNDER-APPRECIATED, AND OFTEN HELD TO IMPOSSIBLE STANDARDS (“EVERYTHING IS OUR #1 PRIORITY!!”), STAFF CAN BECOME DISILLUSIONED, LESS PRODUCTIVE, AND BITTER. BRINGING IN PARALLEL LEADERSHIP, ONE OR MORE HIGHLY EXPERIENCED EXPERTS TO ASSIST IN SHORT-TERM PROJECTS, IS THE SOLUTION. BY PROVIDING TEMPORARY SUPPORT TO THE INTERNAL TEAM, A COMPANY ACKNOWLEDGES THAT THERE ARE LIMITS TO WHAT ONE CAN EXPECT AND THAT IT IS COMMITTED TO THE SUCCESS OF NOT ONLY THE BOTTOM LINE, BUT OF ITS EMPLOYEES TOO.

DUE DILIGENCE


THE KEY TO A SUCCESSFUL INVESTMENT IS KNOWING WHAT YOU ARE BUYING AND THE RISKS INVOLVED WITH THE ACQUISITION. OFTEN TIMES, DUE DILIGENCE TEAMS ARE MADE UP OF FINANCIAL ANALYSTS WITH LITTLE TO NO DIRECT EXPERIENCE IN HIGHER EDUCATION. OR, THE TEAM INCLUDES BUSINESS EXPERTS WHO HAVE LITTLE DIRECT EXPERIENCE WITH FINANCIAL STATEMENTS OR WITH ASKING QUESTIONS. INVESTMENTS IN SCHOOL ARE NOT YOUR TYPICAL 3-5 YEAR INVESTMENT; IT IS A COMMITMENT TO MORE THAN JUST MAKING MONEY. AND IT MEANS ANSWERING TO MANY PARTIES WHO EXPECT YOU TO “BE IN IT FOR THE LONG HAUL.” THESE INCLUDE THE DEPARTMENT OF EDUCATION, STATE REGULATORY AGENCIES, STUDENTS, PARENTS, AND PERHAPS MOST IMPORTANTLY, ALUMNI. A THOROUGH INVESTIGATION OF A SCHOOL’S FINANCIAL DEALINGS AND RECORDS IS JUST THE BEGINNING. IT ALSO INCLUDES UNDERSTANDING THE CULTURE YOU ARE BUYING AND THE TEAM YOU ARE INHERITING. IT IS KNOWING THAT IF SOMETHING GOES WRONG LATER, YOU CAN’T JUST WALK AWAY. INVESTING IN HIGHER EDUCATION IS MORE LIKE INVESTING IN A MARRIAGE – IT’S A LOT OF HARD WORK, THE OUTCOMES MAY BE LESS THAN YOU EXPECTED, AND THE REWARDS ARE OFTEN FOUND IN THE LITTLE THINGS, NOT THE BIG EVENTS. ARE YOU UP FOR IT AND DO YOU HAVE THE RIGHT TEAM LOOKING AT IT FOR YOU?

November 1999- December 2000