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ARTICLE · 31 JANUARY 2024

Institutional Resilience In Higher Education

Does the institution face a known (or surprise) budget deficit or cash crisis? How do the component parts of the institution contribute to the financial whole? How should an institution respond...

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How much risk does your institution really face?

Does the institution face a known (or surprise) budget deficit or cash crisis? How do the component parts of the institution contribute to the financial whole? How should an institution respond when it doesn't meet its enrollment targets? Are there unanticipated risks associated with litigation or compliance? Financial, competitive and reputational resilience are the lifeblood of any institution, serving as the foundations upon which it thrives and achieves mission objectives. Some institutions are facing existential threats based on declining enrollments, reduced government funding, rising costs and looming operating deficits. But most institutions, even those in strong condition, will benefit from a thorough external review of financial performance, forecasted cash flow, competitive pressures and general risk. And even for the well-heeled, getting out in front of risk mitigates a multitude of problems, both

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