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Thursday, August 6, 2009

Is It Time to Rethink Physical Space?

In University Business, this article by Marisa Manley is titled "Building the Long-Term Value of Assets" and subtitled "Why it’s an opportune time for colleges and universities to rethink physical space." 
Capturing value during an economic downturn requires institutional leaders to think strategically about needs, goals, and physical space. When devising a strategic plan:

• View facilities as part of an overall business plan. Universities do well when their leaders consider property and space as part of the institution’s investment choices, considering all options as opposed to conducting a desperate search for space when needs are already pressing.

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