Belmont Abbey College was on the brink of closure when a new president took office in the spring of 2004. Enrolment at the private liberal arts faculty had dropped to just over 500 students, and net revenues were inadequate to support ongoing operations. Belmont Abbey College wasn't alone in facing dire fiscal prospects, nevertheless. Higher education in general confronted an array of challenges due to economical situation of prospective pupils and a major decline in the number and radically escalating prices.
The president made attempts to strategically place in trying to mitigate costs the faculty. In 2014, would his efforts over the last decade-including a perhaps risky and bold move to compete on the basis of price-pay off and secure future enrolment?
PUBLICATION DATE: June 13, 2016 PRODUCT #: W16357-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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