Revenue Growth and Diversification
This process seeks to generate additional revenues for institutions. Through a three-step system (diagnostics, exploration, and implementation), our consultants identify key strategic growth building blocks for revenue. These revenue-generation ideas align institutional mission and strengths with new financial models for prosperity, including enrollment growth and new markets.
P3 Advisory Service
The public-private partnership advisory service is designed to unlock a value of a campus by aligning institutions with private developers to design, build, and manage new real estate on college and university campuses without committing existing assets. The typical engagement will range in duration from six to twelve months, and includes assistance in defining the scope of the student-housing need, developing a request for proposals, recruiting developer bids, assisting in the selection of the best partner, and supporting contract negotiation.
Mergers and Consolidations
Mergers and consolidations can provide opportunities to streamline institutional operating models, either by becoming affiliation ready or by developing a strategy to acquire another asset. When an institution is ready to consider this significant step, we assess its capacity to leverage an affiliation, operating agreement, or full merger with other organizations and find opportunities to maintain unique strengths and mission in the face of change.
Transformative Fundraising Initiatives
This service assists institutions and foundations in engaging a special group of donors (those prepared to give the top two percent) in serious conversations about multi-million-dollar gifts to support institutional mission and aspirations. To achieve this level of success, institutions must be able to offer donors investment opportunities that look and feel different from the typical request. Transformational fund-raising addresses the issues of transformative planning, dormant investment opportunities, and building the case for support, along with implementation services.
New Delivery Models and Technology
Leveraging technology as part of a blended academic offering can provide institutions with an opportunity to lower costs and diversify revenue. We evaluate systems, provide recommendations, offer creative solutions, and lead an implementation process that incorporates student learning outcomes into new delivery models for competing in the digital era. Our insights into delivery models can move small and medium-sized institutions into the future without having to rely upon expensive long-term commitments.
A cost containment review examines current practices and moves an institution from a reactionary model to an investment and revitalization model. By diving deep into the intricacies of the institution’s operating procedures, service policies, and academic programs, our consultants identify methods to restructure assets or consolidate costs without limiting potential revenue growth.