Many CFOs who enter the independent school world may not be fully knowledgeable about facilities operations, and are therefore highly dependent on their facilities directors for strategic and daily operating decisions. If the facilities director lacks sufficient business background, executive skills and strategic perspective, they may not be successful in shouldering the duties required. To fill the gap, more schools are hiring a chief operating officer (COO), whose duties may not include accounting and finance.
Learning Objectives:
Participants will learn about how a new organizational model with a chief operations officer impacts facilities funding and decision-making as well as the role of the facilities director and how the model elevates facilities performance.
