Fostering CAO-CFO Partnerships for Institutional Success

42nd Annual Institute for Chief Academic and Chief Financial Officers

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. (Read more.)