Good Governance: Five Strategic Questions for Boards to Ask (NAIS Strategic Questions Series) Patrick F. Bassett, NAIS President.

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Presentation transcript:

Good Governance: Five Strategic Questions for Boards to Ask (NAIS Strategic Questions Series) Patrick F. Bassett, NAIS President

Resources for Trustees: Our website: Trustees’ Guide (portal) ( Guide.aspx?src=audience) Guide.aspx?src=audience Trustee Publications: Trustee Handbook; Trenbook ; etc. at the NAIS Online Bookstore ( eNewsletter: Savvy Trustee ( Trustee Dashboard (“real time indicators” of condition of the school) ( Strategic Questions Series (

Website - bottom

NAIS Website

Trendbook

Which do people in academe prefer? Cf. John Kotter Does the board have a management role and a leadership role?

Making Mistakes: Recent & very public breakdowns in governance? “If you must err, err on the side of….” “Boards hire and … fire.”

Patrick F. Bassett, NAIS President Governance as Leadership

NAIS Strategic Questions Series Governance as Leadership… The SAT Analogy: Our board is to our school as is to.

Strategic Questions Series Strategic Question #1 for Boards and Heads

Strategic Questions Series Do you approach differences with open–mindedness or instinctive distrust and judgment? “Think fast or slow?”

Affordability Strategic Question #2 for Boards and Heads

Affordability What does your affordability study tell you is the threshold for full-pay for one child? Two children? Your demographics study tell you about trending in the number of such families in your locale?

Top 5% Incomes Top 5% Incomes ($200K+): The X Factor

IMG Academy (FL) Seeking profitable non-tuition sources of revenue the antidote to skyrocketing tuitions. How do you “capitalize” on your three sources of capital?”

Shattuck St. Mary’s (MN) How Do You Build & Extend Your Brand?

Financial Aid Trends Strategic Question #3 for Boards and Heads

Strategic Questions Series What does your financial aid profile look like? Which social-economic quintile in your locality receives the plurality of grants? What strategies would you adopt to move one way or the other on the “Sophie’s Choice” continuum?

MasterCard “Priceless Campaign” “There are some things money can’t buy. For everything else, there’s MasterCard.” The Priceless campaign emphasizes MasterCard payment cards as the best way to pay for “everything that matters.”

Your School’s “Priceless Campaign” Sticky Message? School Tuition $26,000 Books: $500 Laptop: $2000 Your child jumping out of bed excited to get to school: priceless

Faculty Strategic Question #4 for Boards and Heads

Faculty What can you learn from the talent recruitment strategy of Finland & Teach for America? How do you retain talent in the classroom? How do you reward all-stars within a culture suspicious of “merit pay”?

Strategic Questions Series Strategic Question #5 for Boards and Heads

Strategic Questions Series What do the ubiquity and convergence of smart devices mean for the future of teaching, learning, and institutional communication & fund-raising?

“The future of mobile is the future of everything.”

Drive-by QR Code on building in Boulder, CO

Patrick F. Bassett, NAIS President What’s on Your Board’s Strategic Agenda?