Winter/Spring 2004
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Winter/Spring 2004 |
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Paul Pribbenow, president of Rockford College (IL), the alma mater of social crusader Jane Addams, and John Krieger, president of Campus inDirects, presented a session about an accountable and entrepreneurial approach to using the campus physical assets—the “indirect” side of the budget—to bring both new dollars and saved dollars back to the core work of educating students. Pribbenow shared with his fellow presidents how Rockford is saving or earning money through its physical assets, described as the “magnificent seven”—space, energy, service contracts, maintenance and repair, labor productivity, technology, and business practices. And using Rockford College’s mission and vision as the guiding framework for the indirects, Krieger outlined the new revenue areas developed at the College, the total expense reductions of $2.2 million, and the year-to-year indirect savings of $600,000 (more than $1.10 per square foot). Pribbenow said he relies on Campus inDirects to bring a level of accountability and a benchmark for performance standards as well as savings solutions. But the ultimate reward, Pribenow said, “is greater freedom to guide his students and faculty to follow Jane Addams’ path. Honoring her legacy, Rockford College is committed to liberal education, civic engagement, and to being an agile and accountable institution.” Click here for presentation slides. Independent |
