Establishing innovative strategies for growth and preparing for industry disruption are just two of a number of trends higher-ed leaders should expect to come their way in 2018, according to a new report.
The State of Higher Education 2018, from professional services firm Grant Thornton LLP, offers guidance around emerging and potential higher-education trends in 2018. The leadership challenges and opportunities outlined in the report are shaped by the firm’s interaction with higher-ed clients.
Trends include achieving growth strategies; preparing for disruption; outsourcing via shared services consortia; using public-private partnerships; mergers, partnerships, and collaborations; tailoring fundraising to generational nuances; using independent verification and validation ( IV&V) for cloud implementation success; innovations in campus facilities usage; preparing for social media reputation risks; and new ways to measure success.
“This is a time of great potential for engaging a diverse constituency, collaborating with other institutions and private industry, and effecting substantial operational change,” writes Mark Oster, national managing partner for Grant Thornton’s not-for-profit and higher education practices. “Innovative thinking will be vital to successfully moving into the future and we hope these articles will help institutional leaders do just that.”