AM26: From RCM to Reset: How Rebuilding Your Budget Model Can Restore Alignment, Trust, and Financial Stability

Like many institutions, Temple University found that its Responsibility Center Management budget model no longer supported its strategic goals. Rather than making incremental adjustments, Temple partnered with NACUBO Consulting to assess whether RCM was still fit for purpose. When it was not, they designed and implemented a centrally coordinated model. This session will trace that transformation, from evaluating RCM and engaging stakeholders to building a framework grounded in transparency, shared governance, and institutional priorities. Speakers will address politically sensitive issues, including graduate and professional tuition, incentive design, and change management under financial constraints. >span class="NormalTextRun SCXW133279505 BCX2"> also explain how cost of instruction and administrative cost analysis informed senior leadership decisions.  

Learning Objectives  

• Evaluate whether your current budget model aligns with institutional strategy, enrollment trends, and campus culture.  

• Design and facilitate a stakeholder engagement process that gathers meaningful input from schools and units, incorporates feedback on incentives and priorities, and builds shared ownership of a new budget model.  

• Assess the strategic value of conducting a cost of instruction and administrative cost analysis and use the results to inform leadership decisions about resource allocation, program sustainability, and long-term financial stability.  

CPE Available: 1.5 Credits in Finance

Each individual must register and attend separately to earn credit.

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org

Event Information

• Level: Intermediate
• Prerequisites: Minimum 1-2 years of experience as a professional in higher education or a related private industry.
• Advanced Preparation: None
• Delivery Mode: Group internet based
• Field of Study: Finance
• Length: 75 minutes

Steps to Earn CPE Credit

You can only earn credit for attending the session live. CPE credit cannot be earned for watching the recordings.

To earn CPE credit, you will complete the following tasks under the Content tab, after the session has ended:

1. Pass the CPE codeword quiz. Write down the codewords posted in the Zoom chat at random times throughout the session and complete the quiz at the end of the session. 
2. Submit the CPE check-out code displayed at the end of the session. 
3. Download your CPE certificate. 

You have until 5 pm Eastern Time on Tuesday, July 21 to complete these three steps or report technology issues with this site to online@nacubo.org.

For more detailed instructions, review the CPE Instructions page.