1 / 24

Community Colleges

Explore strategies for community colleges to evolve into entrepreneurial organizations, navigate budget challenges, boost revenues, and foster partnerships for sustainable growth.

bishopj
Download Presentation

Community Colleges

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Community Colleges America’s Newest Entrepreneurial Organizations Dr. Tony Zeiss

  2. Reality Check • We must keep the doors open. • We’ve moved from public supported to public assisted.~

  3. A Time For Change • Board and President must be entrepreneurial. • President’s key leaders must become entrepreneurs. • Community colleges must become educational enterprises.~

  4. How? • Positive Reactions to Negative Budgets • Power of Partnering • Developing an Entrepreneurial College • Practical Tips for Fundraising ~

  5. Positive Reactions to Negative Budgets

  6. Budget Truths • Don’t Spend What You Don’t Have! • Don’t Spend What You Don’t Have ! • Concentrate on Opportunities • Concentrate on Opportunities!

  7. Two Reactions to Budget Cuts • Decrease Expenses (Engage everyone) • INCREASE REVENUES (Engage everyone)

  8. A. Decreasing Expenses Increased Class Size: • Increased class size from 15/1 to 20/1 over a four-year cycle. • Ensured optimal classroom utilization by using a room scheduling software. • Increased Virtual Campus offerings utilizing teacher assistants. • Shifted low enrollment programs to C.C.E. • Reduced utility costs~

  9. B. Increasing RevenuesPrimary Funding Sources: • State and Local Governments • Gifts and Donations • Federal Grants • Fees for Services ~

  10. 1. State and Local Governments • Recruit “Champions” • Know them well • Board of Elections • Leverage Board members, etc.~

  11. Gifts and Donations • Foundation • Annual Campaign • Special Events • Capital Campaign • Endowment • Alumni Campaigns • Planned Giving~

  12. Federal Grants • Forensics Academy • Geospatial Program • Homeland Security • Integrated Systems Technology • Non-destructive Testing~

  13. Fees and Services • Contract Training • Establish a 501(c)(3) corporation (Become entrepreneurial)~

  14. Contract Training Examples: • Computer Training • Supervisory Training • Leadership Training • Workplace Literacy • Industry Specific • Process Management Training • Succession Training~

  15. 501(c)(3) Corporation • Kirkwood – Facilities • San Diego – Contract Training (General Support) • CPCC – Incubates and operates small businesses (General Support)~

  16. CPCC Services Corporation • President’s Entrepreneurial Team (PET) • Incubates Faculty-Staff Businesses • Theaters • Auxiliary Services • CPCC Press • Contracts Research Services • Consulting Services • Regional and national conferences • Conference Center~

  17. II. The Power of Partnering

  18. Partnering Principles • Identify prospects • Benefits must be mutual • Build trusting relationships • Give value first • Maintain trusting relationships~

  19. Typical Partners • Business (Family Dollar, Siemens) • Community Based Organizations (Pathways) • Government (Dept. of Labor) • Educational Institutions (CRCGE) • Individuals (Casey) • Chamber (Training)~

  20. III. Developing an Entrepreneurial College Incentives and Rewards

  21. Get Board on board. Get faculty and staff involved. Provide incentives. Provide rewards~ How ?

  22. TraditionalEntrepreneurial Resource Driven Opportunity Driven Cost Oriented Opportunity Oriented Tradition Bound Innovative and Creative Traditional Leadership Entrepreneurial Leadership~

  23. Make Entrepreneurialism Part of the Culture • Establish 501(c)(3) Fee For Service Corporation. • Teach entrepreneurialism to students, faculty, and staff. • Establish Entrepreneur of the Year or Semester Awards. • Give $ to grant administrators and sales teams. • Merit and market-based compensation.~

  24. Stay Optimistic!

More Related