Â鶹¹û¶³ will host an Operating Expense Reduction Summit Oct. 8 and 9 for college administrators who want to maximize the financial efficiency of their schools.
Participants will exchange existing best-practices and discuss ways to develop new ideas to reduce operating expenses.
Administrators from a variety of public and private schools in 10 states have pre-registered for the conference.
“The program will identify innovative ways to reduce operating expense without compromising the quality of students’ educational experiences,” said Â鶹¹û¶³ provost Dr. J. Brad Creed, an organizer of the summit.
The summit will be conducted by The Coyne Partnership, a consulting firm that recently helped Â鶹¹û¶³ identify and prioritize several million dollars in potential near-term cost savings.
Firm members Kevin P. Coyne and Shawn T. Coyne will present a plenary session on their innovative ideation technique, Brainsteering, which was recently featured in Harvard Business Review. The firm also includes Edward J. Coyne, a former senior Fortune 500 executive and recently retired Â鶹¹û¶³ professor.
H. King McGlaughon, senior vice president and managing executive of Wachovia Non-Profit and Philanthropic Services, will present the keynote speech on Thursday, Oct. 8. He will discuss the current U.S. economic situation and its effects on the near-term operating budgets of colleges and universities.
Each day, breakout sessions will allow participants to exchange their best ideas related to the topic.