How Can We Do More With Less?

Lets face it. The current economic climate is challenging on multiple levels. Educational budgets are tighter than ever, oftentimes frozen or no longer even existent within K-12. But with every challenge lies an opportunity. Here are areas for consideration in creating "more with less."

FOCUS -- List and prioritize furnishing needs both for today and into the future. What is the five-year plan? Ten-year plan? How do the plans for furnishings tie to the overall goals and vision for the institution? Rationalize and validate the plan and related prioritization with your stakeholders (stakeholders should include, but not be limited to your faculty, administration, students, parent liaisons and district partners). Input that drives dialogue will allow you more effective, validated decisions for both the short- and long-term.

CALCULATE THE ROI -- Calculate the return on investment (ROI) for those purchases selected (your areas of focus from step 1). Consider both the tangible and intangible value that purchase will drive. Be creative and forward thinking. Include items such as inventory management (flexibility in use), SKU reduction (district standardization), ease of use and repair (JIT maintenance or adjustment), student learning (validation of the institutions' success measures). Although the short-term needs may feel urgent, you're best served to keep focus on the long-term goals and needs of the learning spaces.

CIRCLE BACK -- Ensure the original plan is still warranted, validated by the ROI given the institution's goals and vision. If everything checks out, deploy.

Make no mistake. The goal of achieving more with less is certainly challenging. Especially if less equates to a null budget. But don't throw in the towel. There are too many precious students out there who need improved and optimized learning spaces. Even small, focused gains are better than no change and stagnation.

After all, these are future leaders!

Amy Kiefer is vice president of the Education Market division of KI.

Featured

  • Surging Demand for Student Housing Fuels Major Campus Investment Opportunities

    University leaders throughout the U.S. are accelerating plans to modernize and expand student housing as enrollment stabilizes and demand for on-campus living rebounds. Recent data from the National Center for Education Statistics indicates that total postsecondary enrollment is projected to grow through the end of the decade, with undergraduate enrollment alone expected to increase by more than 8 percent by 2030.

  • University of Oklahoma Announces New Campus Master Plan

    The University of Oklahoma in Norman, Okla., recently announced that it will soon launch a new, comprehensive Campus Master Plan to guide the campus’ physical development during the next decade, according to a news release.

  • UT System Approves First Funds for New Campus

    The University of Texas System Board of Regents recently approved funds to build the first facility of a new campus in far west Fort Worth, Texas, according to university news. UTA West will serve as a branch of the University of Texas at Arlington and is scheduled to open in fall 2028.

  • University of Tennessee at Chattanooga Launches New Emergency Communications System

    The University of Tennessee at Chattanooga (UTC) recently deployed a new emergency notification and incident management system for its campus, according to a news release. The university partnered with 911Cellular to launch Safe@UTC, a smartphone app allowing university officials to communicate and respond during emergency situations.