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The Financially Stressed Institution

The Financially Stressed Institution
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By Tyler A. Kelsch


Thoughtfully presented, Kelsch provides colleagues tips and insights into managing a financially stressed institution. He emphasizes the importance of developing a comprehensive analysis which must include a realistic financial goal, rigorous plan of action, working with the chief academic officer and president and communicating the new direction consistently.

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CFO Perspectives is a series of white papers that examines at role of the CFO within different institutional or operational settings. Each white paper, available free from NACUBO and released periodically during 2012, NACUBO's 50th anniversary year, focuses on the unique demands of a particular type of institution and how to manage strategy and business operations within that distinctive context. Written by authors with extensive experience in financial operations, the white papers offer insights that may prove especially helpful to new CFOs or board members, presidents, senior administrators, faculty, and staff.

To learn more about CFO Perspectives or for submission guidelines email perspectives@nacubo.org.

Acknowledgement

NACUBO would like to offer a special thank you to Michael Townsley for his contributions in developing publications for the business office. We recognize his leadership and vision in bringing about this collection of articles that cover key topics and issues that will resonate with NACUBO members for years to come.

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