Confronting Uncertainty by Creating Adaptable Capital Plans

A new, nimbler capital planning process is needed in higher education. As institutions increasingly face risks like constrained budgets, demographic changes and deteriorating campuses, it’s critical that business officers embrace more flexible approaches to creating capital plans and optimizing investments. These new approaches must enable confident decision making while accounting for multiple future scenarios, breaking down assumptions about campus facilities and creating optimism that realistic investment priorities will drive short-term improvements as well as long-term strategic goals.

Rather than using old tools to confront new problems, the time is now to reinvent capital planning processes, forming new ones that can adapt to shifting institutional priorities and set reasonable expectations for facilities leadership in alignment with financial realities.

Watch this presentation to hear about new tools for creating adaptable capital plans and stories from the field about institutions finding success with these tools.