Seeing the Bigger Picture: Discussion on the Importance of Long-Range Planning and Extending the Planning Horizon

Panel discussion highlighting the criticality of widening the aperture beyond next year's budgeting cycle, while sharing the cornerstones of an impactful long-range plan. The panel will share insights and lessons learned when looking at additional years and establishing decision criteria around various initiatives and scenarios impacting budget, financial statements, key metrics, Moody's and S&P scores, capital plans, and fundraising.

Learning Objectives

1. Define the key components of an effective long-range financial plan for higher education institutions, including planning assumptions, time horizons, and integration with institutional strategy.
2. Compare multi-year planning scenarios’ effects on institutional budgets, financial statements, capital plans, key financial metrics, and credit ratings.
3. Recommend decision-making frameworks and scenario planning approaches that institutions can use to assess the long-term financial impact of strategic initiatives, fundraising efforts, and capital investments.
   
   

CPE Available

• 1 Credit: Finance