What are the hallmarks of a comprehensive institutional turnaround? It is too easy to mistake a single initiative -- mounting a new marketing program, for example, or bringing in a million dollar donation -- for true and lasting change. Successful turnarounds require profound, often difficult, actions that affect the finances, academic offerings, and reputations of colleges and universities. They take institutions to new levels of performance and then present new chalenges. MacTaggart examines the several stages that ...
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What are the hallmarks of a comprehensive institutional turnaround? It is too easy to mistake a single initiative -- mounting a new marketing program, for example, or bringing in a million dollar donation -- for true and lasting change. Successful turnarounds require profound, often difficult, actions that affect the finances, academic offerings, and reputations of colleges and universities. They take institutions to new levels of performance and then present new chalenges. MacTaggart examines the several stages that comprise insitutional turnarounds and offers practical advice on setting and reaching higher levels of performance. MacTaggart discusses the early indicators of a college or univerity's neeed for a turnaround. He and his colleagues outline financal trends and other indicators of distress, as well as benchmarks for the various stages of an effective turnaround strategy. Academic Turnarounds will help trustees, presidents, and faculty members diagnose whether they are in denial about the true condition of the insitution they are charged with preserving. Donors, state officials, accreditors, and others interested in the quality and vitality of American higher education will find direction in this book. Academic Turnarounds assists leaders to develop dramatic, purposeful strategies to revitalize challeneged colleges and universities. What are the early warning signs that a college or university needs a turnaround? Waiting too long in the hopes that something other than dramatic, purposeful action will relieve a distressed institution is an all-too-common failing among trustees and other leaders. This book outlines the financial and other indicators of distress well as indicators of the stages in an effective turnaround strategy. It helps trustees in particular diagnose whether or not they are in denial over the true condition of the institution they are charged with preserving.
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