ISM has long held that private-independent schools should strive to cover 100% of operations expenses with hard income (defined as all revenue sources other than fundraising). Whether your school is nearing this benchmark or hovering below it, student withdrawals after their families have already signed enrollment contracts can threaten your ability to balance the budget.
Improving Your Coaching Skills to Foster Staff Growth
Managing staff is challenging — it requires determination and effective communication to address poor performance, resolve conflicts, and lead a team effectively. All too often, leaders confuse performance and evaluation conversations for coaching, because they prioritize immediate problems rather than long-term development. Coaching, however, encourages team members to reflect and improve on their goals — and can even lead to a futurist mindset of innovation.
Your school may look to recruit an attorney for Board membership. During Board meetings, a lawyer can answer common legal questions and offer insight and cautionary advice on potential problems. This individual can also serve as your school’s official legal counsel—but that is often an unwise decision.