Projections
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Boards and Trustees
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Budget
Good data tells a story clearly, persuasively and impactfully.
3 min read
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Human Resources
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Investments
Is it time to reassess your school’s 403(b) default investment strategy? QDIAs gain traction as options for retirement readiness.
5 min read
Strange but true: Schools are beginning to teach students not just to learn, but to unlearn. After reading about unlearning strategies at NBOA member school Beaver Country Day School in Chestnut Hill, Massachusetts, I'm
2 min read
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Labor Law
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Policy
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Risk Management
Are your policies and procedures keeping up with new risks and laws?
5 min read
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Accounting
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Risk Management
Why using COSO’s time-tested framework for internal controls may be in your school’s best interest
7 min read
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Key Strategic Finance
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Planning
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Risk Management
A dashboard tells you where you have been. A “heat map” reveals your progress toward your destination.
8 min read
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Risk Management
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Technology
Ransomware is one of the next big threats to school data. “The bad guys are smart but lazy. If I had a choice to go after a school or a bank, I’d go after schools that are woefully unprepared for the skills I bring.”
12 min read
The chair of NBOA’s Board of Directors reflects on the not-for-profit difference, the CFO-head of school partnership and the omnipresent topic of financial sustainability.
10 min read
Schools are using reports and models that move school leaders away from minutiae and toward mission-motivated planning and action. “We tell a story.”
10 min read
CEO Notebook
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Communication
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Membership
I have often written and talked about the unique role that NBOA plays in the independent school community — how we fulfill our mission to provide you with best practices, staff support and technology to advance bus
1 min read
An instant classic hits children's bookshelves in and beyond Music City. "Goodnight, Nashville has done a lot to help me be a better controller, professional, volunteer and person in general."
4 min read
It's often said that culture eats strategy for breakfast. I say it myself because I firmly believe the "right strategy" can be paralyzed or its efficacy greatly diminished if it misaligns with a school's culture. In the
3 min read
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Crisis Management
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Procedures
Amid mounting high-profile media scrutiny, independent schools embrace best practices in crisis management and communications. “When a school does the right thing, its community feels proud.”
10 min read
Not many people closely link the work of the business officer and marketing, but I do. Whether your school employs a dedicated marketing professional or embeds the marketing function within the advancement or admissions
3 min read
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Compliance
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Employee Benefits
Confusion persists over changes to the FLSA overtime exemption charges. Teachers are exempt, but schools could see their employment costs grow for many other staff.
8 min read
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Human Resources
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Safety and Security
Growing numbers of schools consider adding a dedicated risk manager. “It’s not that the CFO is doing less. It’s just that there is so much to keep up with and do that no one person can do it all.”
10 min read
Independent school business officers tend to be hard on themselves when it comes to determining optimal pricing models for their schools. You often ask, with a critical tone in your voice, "Why haven't we figured out the
2 min read
For this Seattle business officer, bicycling is more than a favorite "after school" activity. It's a way of life.
3 min read
Our profession is experiencing a generational shift that is both exciting and troubling.
3 min read
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Contract
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Risk Management
Proven strategies and best practices to minimize potential revenue losses involving construction projects, tuition payments or third-party vendors.
12 min read
