A Collaborative Enrollment Director/CFO Relationship is More Essential Than Ever

As NBOA President Jeff Shields shared, this relationship and the utilization of financial forecasting tools available today should be a fundamental part of any school’s strategic enrollment management efforts. By utilizing tools like NBOA’s Long-Range Financial Model for Independent Schools, school leaders can engage in informed decision making regarding school finances when considering any aspect of a school’s operations and finances. Sometimes the findings may paint a picture that suggest tough decisions lie ahead. At the same time, that collaboration can take on many forms and strengthen leadership teams, illuminating new ways of thinking that strengthen a school’s financial model.