Financial Fix: Elevating the Role of Finance to Meet New Business Challenges
Here how Chief Business Officers are fostering the construction of contemporary finance functions on their campuses.
Every college and university has a portfolio of financial risks and resources which its leaders seek to deploy in a manner that balances the pursuit of growth against a set of guardrails that ensure financial health. Sustainable growth requires the prudent allocation of key financial resources, such as cash, credit, leverage, and invested assets. This process represents Treasury work and is the cornerstone of the institution’s ability to assume appropriate risk in the pursuit of growth. Done well, Treasury can provide significant value to the overall institution.