Net Assets Risk Management Articles

Risk Management

CEO Notebook  

  • Employee Benefits
  • | Leadership
  • | Pandemic

Care for Self, Care for Others

Our employees’ wellbeing should be our first priority. It’s what holds our strong communities together.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/05/EMPTY_CLASSROOM.png
  • Facilities
  • | Pandemic

Managing Your Empty Campus

A well-managed long-term unoccupancy can save schools significant resources.
10 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/05/Untitled_design_-_2020-05-18T220131_848.png
  • Culture
  • | Pandemic

Wellness Reimagined: Two Schools’ Approach During COVID-19

Independent schools are moving wellness initiatives online and finding new ways to support their community.
6 min read

CEO Notebook  

  • Leadership
  • | Pandemic
  • | Professional Development

New Challenges, New Learning

While school budgets are likely to face intense scrutiny this year, professional development opportunities may help our schools differentiate and even grow in a challenging environment. 
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/05/toddler_wash_hands.png
  • Facilities
  • | Pandemic
  • | Planning

Considerations for Reopening Independent School Campuses This item is protected.

School leaders will need to rethink everything from physical space to agreements to funding sources.
17 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/05/Retirement_plan_provisoins.png
  • Employee Benefits
  • | Labor Law
  • | Pandemic

CARES ACT and Retirement Plans: What Independent Schools Need to Know

Should schools modify their retirement plans to include CARES provisions? And if the school wants to lower contributions, do those changes need to be made concurrently?
8 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/04/paid_leave.png

Risk & Compliance  

  • Compliance
  • | Employee Benefits
  • | Employee Leave

Risk & Compliance: Mandatory Paid Leave Is Coming

New leave laws are likely to arrive in your state or city if they haven't already. The time to prepare is now.
8 min read

CEO Notebook  

  • Culture
  • | Leadership
  • | Pandemic

Finding Strength in Rituals, New and Old

Reinventing routines and rituals can boost wellness not only for students but all of us working under new circumstances.
3 min read

Projections  

  • Crisis Management
  • | Leadership
  • | Pandemic

Projections: Community Beyond Campus

What can we learn from the rapid changes to our school routines and processes?
4 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/04/Untitled_design_-_2020-04-15T092943_762.png
  • Communication
  • | Leadership
  • | Pandemic

Digitally Communicating Your School’s Value

With campuses closed at the height of admissions and advancement season, independent schools need to communicate more clearly than ever via digital channels.
6 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/04/Flash_survey_article.png
  • Budget
  • | Cash Management
  • | Pandemic

COVID-19 Budget Impact Survey: How Will We Pay for It? This item is protected.

Most schools predict an increase in financial aid budgets and a decrease in annual giving, according to NBOA’s recent 3-minute survey.
4 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/Untitled_design_-_2020-04-02T142546_490.png
  • Human Resources
  • | Pandemic

Successfully Managing Remote Employees

Clear expectations and consistent communication can help schools improve remote employees' productivity and engagement.
9 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/Impersonations_MA20.jpg
  • Cash Management
  • | Cybersecurity
  • | Risk Management

Double Take: Preventing Financial Cybercrime This item is protected.

No school is immune from the rising threat of financial cybercrime. Accounting, tech and legal insights help keep everyone on their toes.
12 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/Untitled_design_-_2020-03-26T102138_500.png

Safety & Security  

  • Risk Management
  • | Safety and Security

Safety & Security: Drill Down

Regular exercises can make safety policies and procedures stick and help your school fully prepare for an emergency.
6 min read

CEO Notebook  

  • Crisis Management
  • | Pandemic

COVID-19: We’re In This Together

While most of us are dispersed, away from campuses and colleagues, we can still support each other to tackle rapidly evolving challenges.
3 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/iStock-1055425220.jpg
  • Budget
  • | Crisis Management
  • | Pandemic

COVID-19: Bracing for Impact

Business officers discuss priorities, decision-making processes, possible financial impacts for the current and future fiscal years, and more.
7 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/iStock-182692240.jpg

Risk & Compliance  

  • Admission
  • | Risk Management

Risk & Compliance: Legal Considerations in Admissions

Schools must be careful to collect neither too much nor too little information about students and families before they enroll.
6 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/iStock-1053578514.jpg
  • Crisis Management
  • | Human Resources
  • | Pandemic

Remote Hiring Considerations during COVID-19 Closures

On moving processes online, selecting software, setting expectations and creating equitable opportunities, and conveying community.
10 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/iStock-1138392157.jpg
  • Crisis Management
  • | Pandemic
  • | Regulatory Updates

COVID-19: Independent School Closure Considerations

On communicating a campus closure, anticipating student and staff illness, telework and payroll expectations, and maintaining facilities operations.
14 min read
https://higherlogicdownload.s3.amazonaws.com/NBOA/UploadedImages/c781eb1f-9fca-4408-b2f8-9bceec57f0af/NetAssets/2020/03/Untitled_design_-_2020-03-11T142431_298.png
  • Crisis Management
  • | Pandemic

COVID-19 Resources for the Independent School Business Office

We at NBOA can only imagine how difficult this time must be for our member schools and their communities. We update this resource page regularly with news items, guidance, community discussions and more to help inform in
9 min read