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Fall 2003 |
In the face of competing
budgeting claims on campus, it is essential that officials keep academic
goals in the forefront, said Susan Resneck Pierce, president emerita
of the University of Puget Sound (WA), during the
closing session of the Institute for Chief Academic Officers. She
and Chatham College (PA) President Esther L. Barazzone
described how they led institutional “turnarounds” based primarily
on strengthening academic quality.
Barazzone
also described the massive changes that Chatham underwent over ten
years from 1992 to 2002, increasing enrollment from 470 to 1,250;
the endowment from $9 million to $60 million; the operating budget
from $12 million (with a $3 million deficit and three years until
it was clear Chatham would have to close) to $24 million; and fundraising
from less than $2 million annually to $8 to $10 million annually.
In addition, the college had undertaken no construction or renovation
for 30 years; today they are spending $50 million on construction
projects. Among the most important steps campus officials took to
turn around Chatham—which ten years ago had low enrollment, a small
endowment, an operating deficit, and a lot of deferred maintenance—was
to “reinterpret the mission of the college,” Barazzone said. This
led to a “back to the future” plan, whereby future changes were anchored
in past experiences, she added. “We combined the liberal arts with
applied programs such as communications and human services administration;
brought in high-quality graduate programs; created a stronger curricular
emphasis on women and a greater focus on athletics; formed a stronger
link to the community with the creation of a center for women in public
policy to engage Pennsylvanian women in civic engagement; and focused
on improving the quality of Chatham’s programs,” among other steps,
she said. Independent |