Conference Presentations

Effectively managing the financial fallout from the COVID-19 pandemic is critical to institutional survival. This session will focus on retrenchment and even delve into the taboo issue of financial exigency; there are numerous factors to consider when carving up a budget and, if not done carefully, retrenchment can permanently damage an institution. Join us to discuss short-term, medium-term, and long-term approaches to retrenchment and find out which solutions can most benefit your institution in this time of financial uncertainty.

Learning Outcomes:

1. Discuss the key considerations required to successfully carry out a plan of retrenchment.
2. Identify the specific actions available to address the COVID-19 pandemic's financial implications and differentiate between short-, medium-, and long-term actions.
3. Engage in efforts to determine when it is appropriate to move beyond initial retrenchment actions.
4. Determine whether a declaration of financial exigency is necessary and, if so, how to proceed.

Presented 7/24/2020.

Member Price: $35 USD | Non-member Price: $50 USD
Purchase includes streaming video recording.

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