Finance & Revenue and Operations & Technology Sub-committees Joint Kickoff Meeting

1. FINANCE AND REVENUE AND
OPERATIONS AND TECHNOLOGY
SUB-COMMITTEES
KICKOFF MEETING
February 13, 2013 | 10 a.m. to noon
Lod Cook Alumni Center, Abell Board Room

2. WELCOME AND
INTRODUCTIONS
Lee Griffin and Clarence Cazalot, Finance and Revenue Chairs
Bill Silvia and Bill Comegys, Operations and Technology Chairs

3. Introductions
 Please introduce yourself and in 2-3 minutes, tell
us your current position and relevant experience
and background.
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4. Agenda for Today
 We will begin with a brief overview of the
Transition Advisory Team process and a look at
why higher education is undergoing
transformation all across the country.
 Task Forces will be formed around priority areas
and we will talk about that process as well.
 Finally, we will have a presentation from Huron
Consultants and questions and answers as well as
public comments.
 Christel Slaughter will serve as our facilitator.
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5. ORIENTATION TO THE LSU
TRANSITION ADVISORY
TEAM PROCESS
Christel Slaughter, SSA Consultants

6. Transition Advisory Team Objectives
 Develop a vision for a world class university;
 Identify elements critical to remaining
competitive in the higher education
environment of the future; and
 Recommend best-practice organizational
models for a multi-campus flagship
university.
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7. Sub-Committee Leadership
 Academic Sub-Committee
 Dr. William “Bill” Jenkins
 Dr. Lester W. Johnson
 Finance and Revenue Sub-Committee
 Mr. Clarence P. Cazelot, Jr.
 Mr. G. Lee Griffin
 Operations and Technology Sub-Committee
 Mr. William M. Comegys III
 Mr. William L. “Bill” Silvia
 Research and Discovery Sub-Committee
 Dr. James W. “Jim” Firnberg
 Student Experience Sub-Committee
 Lt. Gen. Russel L. Honore’
 Ms. Carroll W. Suggs
 Legal and Regulatory Advisory Group
 Dr. James W. “Jim” Firnberg
 Mr. W. Shelby McKenzie
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8. Organizational Chart
LSU Board of Supervisors
Transition Advisory Team
Legal and Regulatory
Advisory Group
Operations and
Academic Finance and Revenue Research and Discovery Student Experience
Technology
Sub-Committee Sub-Committee Sub-Committee Sub-Committee
Sub-Committee
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9. Sub-Committee Design
 Five topic specific sub-committees (Academic, Finance and
Revenue, Operations and Technology, Research and
Discovery, and Student Experience)
 Sub-committees will gather information from subject matter experts,
research studies, and other resources to develop best practices
recommendations by focus area to the Transition Advisory Team
 Each sub-committee will be chaired or co-chaired by Transition
Advisory Team members
 Other sub-committee members will be appointed through
recommendations provided by each campus
 Sub-committee activities will begin in January 2013 and be completed
by June 2013
 One Legal and Regulatory Advisory Group will provide
technical advice and support to the five sub-committees
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10. Process
JANUARY 2013
Sub-Committees Staffed and Activities Scheduled
JANUARY to MAY 2013
Transition Advisory Team and Sub-Committees Execute Activities
MAY 2013
Sub-Committees Deliver Reports to Transition Advisory Team
MAY to JULY 2013
Transition Advisory Team Develops Report of Recommendations
JULY 2013
Transition Advisory Team Presents Final Report of
Recommendations to Board of Supervisors
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11. Task Forces and Meeting Format
 Task Forces will be formed from this group to focus on
priority areas. The co-chairs will discuss this with you in a few
minutes.
 Each Task Force is expected to meet at least twice and will be
led by two of the co-chairs.
 During these meetings, testimony will be provided by
national and local subject matter experts, reports and
findings will be discussed and input from the public will be
heard.
 Please let us know in advance if you would like to provide
testimony or recommend a speaker.
 Information gathered from your Task Force meetings will
become part of the Final Report to be submitted to the
Transition Team and ultimately, the Board of Supervisors.
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12. PUBLIC RECORDS AND
OPEN MEETING LAW
REQUIREMENTS
Christel Slaughter, SSA Consultants

13. Public Records and Open Meetings Laws
 In an effort to comply with the Public
Record and Open Meetings Laws, we will
subscribe to the following practices:
 Announce all meetings and post the agendas
at least 24 hours ahead of time.
 Allow public comment at all meetings.
 Provide a facilitator and scribe to ensure that
agendas are followed and meeting minutes are
posted to the website.
 All emails and other documents are considered
to be public records. 13

14. Website
 All articles and presentations will be posted on
www.lsu.edu/LSU2015
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15. WHY MUST HIGHER
EDUCATION UNDERGO
TRANSFORMATION?
Dr. Christel Slaughter, SSA Consultants

16. Disruptive Transformations
 Significant periodic transitions that are highly
disruptive to an industry or economic sector
 Brought on by: new technology, consumer
needs/demand, and cost pressures
 Many examples in our lifetime include:
 Media
 Financial Institutions
 Healthcare
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17. Higher Education Transformation…Why?
1. Cost Trend is Not Sustainable
 Today’s institutions of higher education are
extraordinarily complex organizations with
significant resources tied up in overhead and
administrative costs.
 Three decades of 6 percent to 7 percent annual price
increases have put college beyond the means of
most families (without substantial grants and/or
resorting to substantial student loans).*
*Deloitte: Disruptive Innovation – Case study: Transforming Higher Education
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18. Higher Education Transformation…Why?
2. Consumer Demand is Growing and Changing
 The high school diploma has been supplanted by the
college degree as the ticket required for economic
advancement. The income advantage offered by a
college degree is double what it was a generation ago.*
 The number of non-traditional students is growing.
 Individuals are in need of affordable paths to
qualifications necessary for economic advancement,
resulting in a untapped market.
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*Stuart M. Butler: The Coming Higher-Ed Revolution

19. Higher Education Transformation…Why?
3. New Technology
 Online learning offers significant potential for higher
education to transform its basic business model.
 New technology is increasing the number of disruptive
entrants in the higher education market such as
 DeVry
 Western GovernorsUniversity
 MIT’s OpenCourseware
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20. LSU’s Transformation Imperatives
 Refocus energy and resources on academics
 Develop and leverage alternative revenue sources
 Serve the economic and workforce development
needs of the state and students
 Improve quality through innovative delivery
models and collaborative research
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21. CHARTERS AND TASK FORCES
Lee Griffin and Bill Silvia

22. Commercialization and Technology Transfer
Operations and Technology Sub-Committee Task Force
The Commercialization and Technology Transfer Task Force will
focus on removing barriers, stimulating discovery, and
increasing deal flow. By-laws of the Board of Supervisors,
external reports, pre-angel capital, and research of
communication best practices will be reviewed.
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23. Streamlining Procedures, Rules, and Regulations
Operations and Technology Sub-Committee Task Force
The Streamlining Procedures, Rules, and Regulations Task Force
will investigate paper flow, process, authority, and accountability
including the by-laws of the Board of Supervisors, presidential
memorandums (PMs), and campus policy statements.
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24. Technology
Finance and Revenue Sub-Committee Task Force
The Technology Task Force with look at the changing culture,
promoting efficiency, and encouraging innovation. Academic
research, administration, and leveraging data to drive
innovation will be reviewed.
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25. Administrative Services
Finance and Revenue Sub-Committee Task Force
The Administrative Services Task Force will focus on improving
efficiency, identifying barriers, and adopting service structures
through analysis of internal university processes, external
regulatory impediments, insurance and risk management,
employee benefits, and the LA GRAD Act 2.0.
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26. Revenue Generation
Finance and Revenue Sub-Committee Task Force
The Revenue Generation Task Force will focus on identifying
new revenue streams. Areas of revenue generation will include
self-generated streams, governmental (primarily federal),
sponsored research, and monetized assets.
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27. External Affairs
Operations and Technology Sub-Committee Task Force
The External Affairs Task Force will review policy
communication, coordination, and branding focusing on
governmental relations, message development and marketing,
and production/back-office functions.
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28. INTRODUCTION OF HURON
EDUCATION CONSULTANTS
Lee Griffin

29. OPPORTUNITIES TO GENERATE NEW
REVENUE, REALIZE EFFICIENCY, AND
IMPROVE SERVICE
Huron Education Consultants: Shandy Husmann, John Curry and
Malcolm White

30. Q&A AND PUBLIC COMMENTS
Christel Slaughter, SSA Consultants

31. NEXT STEPS
Lee Griffin, Bill Silvia and Christel Slaughter

32. Commercialization and Technology
Transfer Meeting
 February 27, 2013
 Shreveport
 Time and location TBD