Governance, Strategic & Financial Planning

Lucie Lapovsky consults in areas related to board governance and strategic financial issues including tuition pricing and discounting, cost containment and budgeting.

Board Retreats

Good board governance is critically important for higher education. It is not something which can be taken for granted but needs care and attention. It is important to periodically take stock of how your board is operating and to evaluate its strengths and weaknesses. Lucie is expert at working with boards to look at themselves and to develop a work plan to improve their operations and the support that they provide to the institution. She also helps boards deal with challenging issues where outside expertise can often bring clarity to a question as well as facilitate difficult discussions where there are great differences of opinion within the board. In addition, she frequently conducts one to two day board retreats to work on these issues with the Board and the senior staff. She also conducts orientation programs for new board members as the beginning of a board member’s term is of critical importance.

Senior Staff Operations

Having an effective senior team is one of the keys to the successful operation of a college or university. Working with the senior staff, Lucie can foster honest communications and efficient and effective college operations. She is expert at encouraging cooperation and collaboration among senior staff members to think beyond their own portfolio and to move beyond working in their silos. She works with senior staffs in retreat settings as well as individually with various senior members of the team including the president.

Tuition Pricing and Discounting

What the appropriate tuition level is for both undergraduate and graduate students is critically important for all institutions along with the appropriate financial aid and discounting strategies. Lapovsky Consulting is working with several schools to assess whether they should consider a price reset. Dr. Lapovsky works with you to help you understand your goals relative to enrollment management and how best to achieve them using the tools available to your institution.

Cost Containment

Cost containment is a challenge for all institutions. The strategic understanding of higher education finance and the knowledge of a very wide range of cost containment solutions that Lucie has can help an institution identify areas where changes can be made without sacrificing quality and often with improvements to the way the processes are working be they academic or administrative. Dr. Lapovsky can work collegially with faculty and staff to motivate them to examine more effective and efficient ways of operating and to understand the value from the changes proposed. She understands the need to include all the key stakeholders in the process so that there is institutional ownership of the changes.