132: BONUS EdUp Embedded - with Rick Beyer, Senior Fellow and Practice Area Leader for Mergers & Affiliations, AGB

<p>In this BONUS EdUp Embedded episode of <a href="//www.edupexperience.com">The EdUp Experience</a>, Dr. Joe Sallustio talks one-on-one with <a href="https://www.linkedin.com/in/rick-beyer-7589376/">Rick Beyer</a>, Senior Fellow and Practice Area Leader for Mergers &amp; Affiliations with the <a href="https://agb.org/">Association of Governing Boards (AGB)</a>. &nbsp;Rick details how the financial model within higher education is in crisis - we are in the consolidation era which includes closures, mergers, affiliations, and the establishment of private systems. &nbsp;If a Board is interested in exploring alternatives to closure, waiting too long could lead to a teachout since the regulatory process for change takes 12-24 months. &nbsp;Rick then details the first three steps to take to future proof against closure - which includes planning simultaneous initiatives to explore partnerships, mergers, and affiliations where a change of control may be necessary.</p> <p>Rick Beyer has a unique combination of experience in higher education and business. A former college president and board governance chair, successful technology CEO, and senior operating executive of a $1 billion public company, Rick has consistently been at the forefront of industry-leading initiatives and has a successful history of leading organizations through change and growth. &nbsp;Rick has 20 years of experience with M&amp;A opportunities within education.</p> <p>Thanks so much for tuning in. &nbsp;Join us again next time for another episode! &nbsp;Contact Us!</p> <p>Connect with the hosts - <a href="https://www.linkedin.com/in/elvinfreytes/">Elvin Freytes</a>, <a href="https://www.linkedin.com/in/elizabethleiba/">Elizabeth Leiba</a>, and <a href="https://www.linkedin.com/in/joesallustio/">Dr. Joe Sallustio</a></p> <p>● If you want to get involved, leave us a comment or rate us!</p> <p>● Join the EdUp community at <a href="https://www.edupexperience.com/">The EdUp Experience</a>!</p> <p>● Follow us on <a href="https://m.facebook.com/EdUpExperien