Building A Strong, Accurate Forecasting Model That Higher Ed Leaders Can Trust

John Pierce would summarize his role as continuously building financial capacity for the university. Over his career, he has learned to do that while keeping costs in line with models that allow him to project out multiple years. Integrity is important to him. He has learned that 'the taste of bad quality stays forever." Therefore, integrity in the models, the base set of data, the defined assumptions, and the scenarios built all mean the Cabinet and the Board of Trustees can make strategic decisions with confidence. Hear how UNCA is successfully forecasting out 5-10 years with variables like enrollment, tuition, financial aid, state appropriation, residence hall capacity, meal plans and workforce planning all rolling up into easy-to-read scenarios of Good, Better, and Best as the university anticipates entrepreneurial change and great student success.