97: Andy Policano (Dean Emeritus, Madison/Irvine) on Financial Strategy
Andy Policano, is one of those truly rare, gifted, academic leaders: a master of the craft. Andy is a three-time dean having served as dean of social sciences at Stonybrook in the late 1980s and later as a business school dean at the University of Wisconsin-Madison starting in 1991. In 2004, Andy assumed his third deanship at the University of California-Irvine – today known as the Paul Merage School of Business, with a naming gift Andy helped acquire.
Serving no less than a decade at each of those business schools, he transformed both Colleges in profoundly fundamental ways. Since stepping down as Dean of UC Irvine in 2013, Andy has been actively teaching and coaching new deans and soon-to-be-deans on the realities of academic leadership.
With such an accomplished and seasoned background, it goes without saying that Andy is well-qualified to speak on a remarkably wide range of key issues deans face today. For this episode, we’ve invited him to focus on the topic of financial strategy and how that weaves its way into budgeting and effectively leading a school forward.
This episode is packed with both high-level overview as well as granular, practical advice punctuated with great examples. We believe you’ll find Andy's insight exceptional.
Speaking with Dave and Ken, Andy shares the key points of integrating financial strategy into an overall approach, such as:
• The need for clear vision on strong mission/values statement
• Planning that allows for dreams to become reality
• Setting priorities with faculty input
• A deep understanding of budget
• Philanthropy and fundraising
Learn more about Andy Policano..
Comments/criticism/suggestions/feedback? We'd love to hear it. Drop us a note.
Thanks for listening.
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Produced by Joel Davis at Analog Digital Arts
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DEANS COUNSEL: A podcast for deans and academic leadership.
James Ellis | Moderator | Dean of the Marshall School of Business at the University of Southern California (2007-2019)
David Ikenberry | Moderator | Dean of the Leeds School of Business at the University of Colorado-Boulder (2011-2016)
Ken Kring | Moderator | Co-Managing Director, Global Education Practice and Senior Client Partner at Korn Ferry