Diversifying Revenue: Building Expertise, Confidence, and Success

In the year 2025, if you have lots of resources and are well funded, then perhaps you don’t need to read this. However, for many, where we get our resources is changing. For some, that change might be happening quickly. For others, it’s a slow, erosive process where inflation is overlooked or tuitions are frozen.

The major reasons I’ve seen are public policy changes at many levels of government, shifts in regional prosperity, and population changes that usually require increased enrolment support. Many of you are involved with other factors as well.

For further context, I am at an institution whose “North Star” is the success of our students first and our work in applied research second. Another high priority is support for industry in the region, and beyond, as it relates to talent development, innovation, economic prosperity, and productivity.

So, what can we do to lead our institutions past these resource challenges? This often means a change in mindset or institutional culture. When I arrived at SAIT, some of this had already started. In particular, we weren’t first looking only to various levels of government for financial solutions. Instead, other revenue was part of the solution to support both capital and operating budgets.

Some of the early wins involved cost recovery plus training. This meant developing often bespoke programs for partners to upskill their staff and give them a competitive advantage. What we were not focused on was the often-challenging continuing education models that perhaps serve a wider audience but don’t fully pay their way.

Over time, we have developed this space across a variety of program areas. We have also expanded it to offshore activity and transnational education opportunities in close to 50 countries. The latter has also provided hundreds of faculty and thousands of students with professional development and experience opportunities that we would not have otherwise been able to offer.

Another pivotal step was an important change for our commercial and facility services. This, again, was a step approach to build a system that would first start to pay for itself, then allow for reasonable surpluses to support capital expansion, including improved residences, parking, food service, bookstores, sport facilities, and student engagement areas. Again, a net surplus target was established while maintaining affordability for students. This program has helped pay off related loans and support other efforts such as our security and maintenance programs.

For my institution, this discussion has to include fundraising and what it has meant over the past 20 years. Prior to my arrival at SAIT, the groundwork had been laid for investment into what is necessary to sustain a successful fundraising program. This meant a properly resourced, skilled team with clear direction from the institution. This latter point is very important.

Many post-secondary organizations attempt to fundraise with limited expertise and understanding. We are currently in the middle of our Real Futures Campaign with a $150 million target.

A very deliberate international student enrolment strategy has allowed for the expansion of student services, programming availability/seats for domestic students, and cultural interaction with learners from over 100 countries on campus. This is a full cost recovery program that continues to be a centerpiece as we build global networks and partnerships with the objective to attract talent, resources, and ideas to our institution.

I would be remiss if I didn’t also mention the need for board support. In our case the entrepreneurial culture that surrounds much of this work requires a full understanding of the risk reward analysis for this type of activity. It has also meant attracting board members who understand this work.

None of this happens overnight. All of the examples I’ve mentioned have grown incrementally as we gained confidence and expertise in each area.

David G. Ross, Ph.D.

President and CEO
Southern Alberta Institute of Technology


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Diversifying Revenue: Building Expertise, Confidence, and Success

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Letter From the Chair

Artificial intelligence (AI) is becoming more pervasive by the day. In higher education, administration teams and faculty are avoiding commitment to AI incorporation into professional development programs and classrooms, scrambling to develop AI-related policies to guide employees and students, actively implementing programs that address the needs of everyone involved with AI-enhanced efforts, or some combination of the three.

This issue of Innovatus focuses on efforts to enhance support for students and staff by integrating AI into daily institutional operations, offering ways that community colleges can respond to the rising tide of AI on their campuses and in their communities. Judith Cardenas discusses AI’s potential to reshape how we work and the fact that community colleges are well equipped to take on the benefits, as well as the challenges, of this rapidly changing technology. Anna Haney-Withrow and Rozalind Jester speak to adapting to generative AI using four leadership pillars that guide institutional efforts. Ian Roark emphasizes the need for community colleges to understand the effects of AI in all sectors of industry, and to rapidly adjust our programs accordingly. And Robert Atkins reports on how an advanced program evaluation system enables colleges to make better, faster decisions to stay one step ahead of the competition.

Innovatus was created by the League as a resource to inspire discussions among college leaders, faculty, and staff regarding contemporary issues impacting our field. Since 2018, the magazine has encouraged stakeholders to reflect on the meaning of innovation and to rethink how we serve students. This issue continues that mission, and we hope you find its contents enlightening.

David Ross, Ph.D.

Chair, Board of Directors, League for Innovation in the Community College
President and CEO, Southern Alberta Institute of Technology


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Letter From the Chair

In order to support student and employee success, it is imperative for community college leaders at all levels to maximize access not only to educational resources, but also to services related to medical, mental health, employment, technology, housing, and child care needs. However, our institutions cannot be everything to everyone. By partnering with community organizations, colleges can ensure that those requiring it receive the assistance and support they need to be successful in class, at work, and in life.

This issue of Innovatus focuses on college efforts to enhance support for students and staff by bringing services to campuses via collaborations with nonprofits and other local agencies and departments. Suzanne Pfister addresses the benefit of partnering with community resources to address social conditions and improve student success. Kenneth Adams and Sunil Gupta write about the value of offering continuing education scholarships for students to gain high-demand skills and improve their employment options. Hudson County Community College’s Gateway to Innovation provides inclusive, high-quality programs and wraparound services to improve students’ opportunities for educational and employment success. Long Beach Community College offers a free after-school program for student caregivers to support their educational endeavors.

Innovatus was conceived by the League as a resource to spark conversations among college leaders, faculty, and staff about current issues affecting our field. Since 2018, the magazine has prompted stakeholders to consider what it means to be innovative and to think differently about how we serve students. This issue is a continuation of that effort; we hope you find its contents enlightening.

 

David Ross, Ph.D.

Chair, Board of Directors, League for Innovation in the Community College
President and CEO, Southern Alberta Institute of Technology


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The League for Innovation in the Community College is an international nonprofit organization with a mission to cultivate innovation in the community college environment.

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