Strategic Financial Management for Department Chairs

Chairs and Program Directors often step into their roles without proper orientation or training on how to understand and manage the financial health of their departments or programs in a strategic manner. In today’s complex environment marked by hurdles like leadership transitions, budget cuts, restructures, and challenges with faculty and staff retention, it is more important than ever that you provide strong oversight and management of your division’s budget and finances to ensure long-term sustainability.

Join us for a two-day virtual conference, between March 29th and March 30th, to learn how to more effectively manage your financial responsibilities as Department Chair or Program Director. You’ll discuss methods for approaching revenue generation, resource allocation and budget cuts in ways that also support the quality of your programs, student outcomes, and faculty and staff morale. Specifically, you’ll discuss how to:

• Use data to assess the financial health of your department or program
• Align financial decisions with the strategic plan of your institution or department
• Identify opportunities to manage resource scarcity in new and creative ways
• Communicate financial decisions and ROI to faculty and staff in ways that build morale and buy-in
• If you’re looking to better understand how you can effectively and responsibly manage the financial health of your department or program, this training is for you.