transition advisory team march 18 update

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LSU 2015 | UPDATE TO LSU BOARD OF SUPERVISORS MARCH 18, 2013

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LSU Transition Advisory Team Update to the LSU Board of Supervisors on March 18, 2013

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Page 1: Transition Advisory Team March 18 Update

LSU 2015 | UPDATE TO LSU BOARD OF SUPERVISORS

MARCH 18, 2013

Page 2: Transition Advisory Team March 18 Update

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Board of Supervisors Expectations for the LSU 2015 Process

Develop a vision for a world class university

Identify elements critical to remaining competitive in the higher education environment of the future

Recommend best-practice organizational models for a multi-campus flagship university

Page 3: Transition Advisory Team March 18 Update

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Why Does LSU Need to Change?

Higher education across the country is experiencing a period of “disruptive transformation”

Page 4: Transition Advisory Team March 18 Update

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Cost Trend is Not Sustainable

Extraordinarily complex organizations Retirement costs are escalating Three decades of 6% to 7% annual price

increases have put college beyond the means of most families

State funding is waning

Page 5: Transition Advisory Team March 18 Update

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College Prices are Growing rpk GROUP

Page 6: Transition Advisory Team March 18 Update

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Consumer Demand is Growing and Changing

Income advantage offered by a college degree is double what it was a generation ago

Number of non-traditional students is growing Affordable paths needed for jobs of the future

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

Page 7: Transition Advisory Team March 18 Update

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New Technology/Quality/Branding

Online learning offers significant potential for higher education to transform its basic business model

It is increasing the number of disruptive entrants in the higher education market – DeVry, MIT’s OpenCourseware

Page 8: Transition Advisory Team March 18 Update

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Association of American UniversitiesAn association of 62 leading research universities in the United States and Canada

The 62 AAU universities in the United States award more than one-half of all U.S. doctoral degrees and 55% of those are in the sciences and engineering.

Federal academic research conducted by AAU universities totaled $18.9 billion in FY 2009, or 58% of all federal research funds provided to colleges and universities.

In 2008, 65% of U.S. academic postdoctoral positions were at AAU institutions.

Since the founding of the Nobel Prizes in 1901, 35% of all winners and 70% of winners at U.S. universities have been affiliated with an AAU institution.

Page 9: Transition Advisory Team March 18 Update

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Transition Advisory Team Structure

Academic Sub-Committee Dr. William “Bill” Jenkins Dr. Lester W. Johnson

Finance and Revenue Sub-Committee – Task Forces (3) Mr. Clarence P. Cazalot, Jr. Mr. G. Lee Griffin

Operations and Technology Sub-Committee – Task Forces (3) 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. Honoré Ms. Carroll W. Suggs

Legal and Regulatory Advisory Group Dr. James W. “Jim” Firnberg Mr. W. Shelby McKenzie

Page 10: Transition Advisory Team March 18 Update

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Task ForcesFinance and Revenue and Operations and Technology Sub-Committees

Commercialization and Technology Transfer Streamlining Procedures, Rules, and Regulations Technology Administrative Services Revenue Generation External Affairs

Page 11: Transition Advisory Team March 18 Update

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Proposed Vision for LSU 2015

LSU will be a statewide, integrated university committed to service, rich culture, and bold enterprise, recognized by peer institutions, faculty, students and employers for its high level of academic achievement and research excellence.

Page 12: Transition Advisory Team March 18 Update

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Proposed Tenets for LSU 2015

Build a faculty and learning environment that inspires academic excellence

Provide a student living, learning experience that supports a lifetime of success and understanding

Produce collaborative and cross-unit discoveries that solve Louisiana’s and the world’s most pressing challenges

Fuel Louisiana’s economic development Build a cohesive, accountable, and sustainable

operating model for the 21st century

Page 13: Transition Advisory Team March 18 Update

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21 Meetings to Date

53.5 HOURS OF COLLABORATION AMONG STAKEHOLDERS ACROSS THE LSU SYSTEM

Page 14: Transition Advisory Team March 18 Update

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Transition Advisory Team

KEY PRIORITIES

Refocus energy and resources on academics and research

Develop and leverage alternative revenue sources

Serve the economic and workforce development needs of the state and students

Improve quality and the LSU brand through innovative delivery models and collaborative research

Page 15: Transition Advisory Team March 18 Update

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41 Speakers to Date

EXTERNAL SPEAKERS OF NOTE

Dr. James Duderstadt, President Emeritus, University of Michigan Dr. Stan Ikenberry, Regent Professor; President Emeritus, University

of Illinois-Urbana-Champaign Dr. Gordon Gee, President, The Ohio State University Jeff Selingo, Author and former editor, The Chronicle of Higher

Education Margaret Wagner Dahl, Associate Provost, Economic Development;

Director, Georgia BioBusiness Center Joe Lovett, Managing General Partner, Louisiana Fund 1 Ross Barrett, Managing Partner, BVM Capital Michael Madnick, Deputy Director, External Relations, Global Health

Policy/Advocacy, Bill & Melinda Gates Foundation Aaron Miscenich, President, The New Orleans BioInnovation Center Mike Marsiglia, Owner, Marsiglia Construction Shandy Husmann, John Curry, Malcom White, Huron Education

Consultants Anthony Gillespie, Manager, Battelle

Page 16: Transition Advisory Team March 18 Update

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700+ People Watched Meetings Online Via Live Stream at lsu.edu/tat

Page 17: Transition Advisory Team March 18 Update

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Survey Respondents to Date

Faculty, staff, and students across 10 LSU institutions

2,200and counting