Sunday, February 21, 2016

Consultants assess St Louis U budget - Emily Higginbotham, University News

On Feb. 10, President Fred Pestello sent an email to faculty and staff announcing a new initiative called the Magis Operational Excellence Program that aims to identify opportunities for cost savings as well address the university’s budget challenges in a more effective way. For this projected multi-year project, Pestello has convened an 18-member Steering Committee that will work in tandem with Bain & Company, a private consulting firm that has worked with other universities in similar financial straits and maintains a reputation as a collaborative and non-intimidating organization. Bain will advise the committee on areas within the university that could be working more efficiently and effectively.

No comments:

Post a Comment