Imagine that you are the Chief Financial Officer (CFO) at Anytown University. The President of Anytown University has asked you to craft a speech that will be distributed throughout the university to all faculty, staff, administrators, and the governing board. The purpose of the presentation is to report the financial state of the university, which is struggling through low enrollments and decreased funding in all areas.
Record your presentation as the CFO of Anytown University as follows:
Choose from among the many possible funding methods available to the university (Federal Funding, Grants, Endowments, Performance Funding, etc.), and once chosen, define and explain to your audience the way the funding works (remember that the average staff member and faculty member may not fully understand the funding methods used by universities). Now, suggest a new approach that will take Anytown University into the future where state and federal funding may not be available or greatly diminished. The new approach can be from your knowledge base, research, innovations that you have discovered, or a purely original or untested idea or theory. Imagine that this speech will be distributed throughout the university and posted to the internal school website for viewing at any time; therefore, it should be professional and concise.
Length: 3 pages
References: A minimum of three scholarly resources.