Higher Education Financial Management Services
As institutions of higher learning across America face increasingly severe financial issues, there are solutions. Responsibility Center Management (RCM) provides incentives for balanced budgeting while concurrently giving more autonomy to departments and faculty members. This system was refined by Jon C. Strauss at the University of Pennsylvania in the 1970's, and helped turn a struggling Ivy into one of the top five universities in the United States. RCM provided similar results at the University of Southern California, and is now being employed as a management and budgeting solution in the public sector as well.
With over sixty years of experience in American higher education including faculty positions at four selective universities, vice presidencies at two major private research universities, four college presidencies, CFO of the nation's largest private philanthropy, and membership on a regional accrediting commission, the National Science Board, and the boards of numerous corporations and professional organizations, Jon C. Strauss has a depth of understanding of higher education and institutional financial systems that can help a struggling college, university, or academic system, right itself and flourish anew.
Through on-site visits, individualized financial modeling, implementation strategies and training sessions, administrators will have an opportunity to learn from a master.