A new toolkit helps colleges and universities evaluate the return on investment of initiatives to increase student success.
BiographyRick Staisloff is the founder and a principal of rpk GROUP, a leading national consulting firm supporting colleges, universities, and other non-profits with their growth and reallocation strategies. rpkGROUP is an outgrowth of Rick’s two decades of leadership positions in the higher education sector, where he developed his expertise in finance and higher education from the perspective of public and private, two- and four-year institutions, higher education commissions, and state legislatures. Rick has worked with institutions nationwide, helping them to utilize his firm’s mission, market, and margin approach in strategic planning and business development. He has been a leading voice in the development of new business models for higher education, working closely with the Association of Governing Boards, the Bill and Melinda Gates Foundation, the Lumina Foundation, NACUBO, and others to develop a new language and new metrics around cost, price, and finance issues for the higher education sector. Rick joined College of Notre Dame of Maryland (now Notre Dame of Maryland University) in 1998 as Vice President for Finance and Administration. Prior to that, he served for four years at Carroll Community College, where he helped lead the creation of this college. From 1992 to 1994, Rick was a Finance Policy Analyst for the Maryland Higher Education Commission. He also served on the Maryland General Assembly House Committee on Ways and Means from 1989 to 1992, focusing on education and taxation issues. Rick serves on the Plant Committee for St. Mary’s Seminary and University, and is a member of the Greater Baltimore Committee’s Leadership Program. He has taught in the Executive Doctorate Program for Higher Education Management at the University of Pennsylvania, and with the Academy for Innovative Higher Education Leadership (Arizona State University and Georgetown University). Rick holds a B.A. from Loyola College in Maryland (now Loyola University Maryland), and an M.A. from The American University.
The time has come for higher education leaders to write new stories that capture how we will create future-ready campuses. Achieving success will require an ability to combine innovation and return on investment (ROI) to create sustainable innovation.