FINANCE AND REVENUE AND OPERATIONS AND TECHNOLOGY SUB-COMMITTEES KICKOFF MEETINGFebruary 13, 2013 | 10 a.m. to noon

Lod Cook Alumni Center, Abell Board Room

Lee Griffin and Clarence Cazalot, Finance and Revenue ChairsBill Silvia and Bill Comegys, Operations and Technology Chairs

WELCOME AND INTRODUCTIONS

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Introductions

Please introduce yourself and in 2-3 minutes, tell us your current position and relevant experience and background.

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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.

Christel Slaughter, SSA Consultants

ORIENTATION TO THE LSU TRANSITION ADVISORYTEAM PROCESS

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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.

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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Organizational Chart

LSU Board of Supervisors

Transition Advisory Team

Academic

Sub-Committee

Student Experience

Sub-Committee

Finance and Revenue

Sub-Committee

Research and Discovery

Sub-Committee

Operations and

Technology Sub-Committee

Legal and Regulatory

Advisory Group

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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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Process

JANUARY 2013Sub-Committees Staffed and Activities Scheduled

JANUARY to MAY 2013Transition Advisory Team and Sub-Committees Execute Activities

MAY 2013Sub-Committees Deliver Reports to Transition Advisory Team

MAY to JULY 2013Transition Advisory Team Develops Report of Recommendations

JULY 2013Transition Advisory Team Presents Final Report of Recommendations to Board of Supervisors

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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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Christel Slaughter, SSA Consultants

PUBLIC RECORDS ANDOPEN MEETING LAW REQUIREMENTS

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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.

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Website

All articles and presentations will be posted on

www.lsu.edu/LSU2015

Dr. Christel Slaughter, SSA Consultants

WHY MUST HIGHER EDUCATION UNDERGO TRANSFORMATION?

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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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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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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.

*Stuart M. Butler: The Coming Higher-Ed Revolution

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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 Governors University MIT’s OpenCourseware

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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

Lee Griffin and Bill Silvia

CHARTERS AND TASK FORCES

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Commercialization and Technology TransferOperations 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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Streamlining Procedures, Rules, and RegulationsOperations 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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TechnologyFinance 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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Administrative ServicesFinance 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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Revenue GenerationFinance 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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External AffairsOperations 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.

Lee Griffin

INTRODUCTION OF HURON EDUCATION CONSULTANTS

Huron Education Consultants: Shandy Husmann, John Curry and Malcolm White

OPPORTUNITIES TO GENERATE NEW REVENUE, REALIZE EFFICIENCY, AND IMPROVE SERVICE

Christel Slaughter, SSA Consultants

Q&A AND PUBLIC COMMENTS

Lee Griffin, Bill Silvia and Christel Slaughter

NEXT STEPS

Commercialization and Technology Transfer Meeting

February 27, 2013 Shreveport Time and location TBD