About the Theme

Fostering CAO-CFO Partnerships for Institutional Success
 
The national focus on college costs and effective use of resources makes collaboration between chief academic officers (CAOs) and chief financial officers (CFOs) especially important as these two key senior administrators lead their institutions in program planning and resource allocation. Learning to value each other’s priorities and to understand each other’s approaches to planning, especially financial planning, calls for seamless communication between the CAO and the CFO. Shared vision, collaborative spirit, and effective partnerships are essential elements of an environment in which institutions and their students, staff, and faculty members can move beyond sustaining existing programs and toward exploring new frontiers in higher education.

The theme of the 2014 Institute, “Fostering CAO-CFO Partnerships for Institutional Success,” provides a framework for reflection and action on pressing issues of mutual concern, as well as for candid discussion. Institute sessions will provide advice and concrete examples for CAOs and CFOs on topics such as tuition discounting, planning new programs, aligning budgets with mission, and retaining students. The Institute also will explore other areas of institutional leadership that can be difficult for CAOs and CFOs to address together—including athletics, science facilities, and faculty compensation. CAOs and CFOs will have the opportunity to discuss ad hoc issues in an “open mike” session co-moderated by a CAO and a CFO.

The 2014 CIC Institute, co-sponsored by the National Association of College and University Business Officers (NACUBO), offers opportunities for chief academic officers and chief financial officers from across the country to share—with candor—ideas, practical solutions, and effective practices.


Who Should Participate?

CIC invites chief academic officers and chief financial officers of all independent colleges and universities to participate in this annual Institute. Chief financial officers are encouraged to participate in the conference with the chief academic officers to strengthen their work on issues that matter to both colleagues. Teams of academic and financial administrators will lead many of the concurrent sessions.

CAOs also are encouraged to invite additional senior campus colleagues such as associate provosts and deans.

A chief academic officer may hold the title of provost, vice president for academic affairs, or dean of the college, among other titles. Chief financial officers may hold the title vice president for finance, vice president for finance and administration, vice president for business, or chief business officer. In support of team attendance, CIC offers a discounted registration fee for second and subsequent administrators from the same institution.