I enjoyed writing this article about the current fiscal challenges many schools are facing and how to think about cost reduction. Spoiler alert - the thesis is that ALL schools need to take a data-driven approach to understanding their current budgetary hurdles. Optimistic projections and surface-level KPIs won't do the trick... With COVID-era funds sunsetting next month, there is no more cash-cushion to cover up fundamental challenges that need addressed (something we talked about in our last Charter School Insider podcast with Tricia Noyola). Check it out and let me know if you agree / disagree? https://lnkd.in/ed34QpRm
Great insights, Daniel! Without data, you can't control things, and if you can't control them, you can't improve.
Executive Leadership | Strategic Planning | P&L Management | Leadership Development
4moGreat article, Daniel! A lot of school are, or will be, in a tough position. Knowing and understanding every data point is critical to finding solutions to help the school's stability.