The Power of Being Ready: Operational Reviews as a Growth Catalyst

By Jonathan Miller, on August 14th, 2025

Colleges and universities are operating in a climate where operational and financial pressures are converging in ways not previously experienced. Institutions face intensifying competition for students amid growing public scrutiny of tuition costs and the perceived value of a degree. Operating expenses continue to rise even as institutions are compelled to invest in new technology, launch innovative programs, and address pressing capital needs. At the same time, federal agencies, grantmakers, and donors are applying heightened scrutiny, demanding clear evidence of operational and financial readiness before committing resources. In this environment, opportunities to grow still exist—but only for institutions prepared to act the moment they appear. That readiness depends not only on vision and strategy, but on the strength of the operational foundation that supports them.

The Operational Backbone of Growth

When colleges and universities think about growth, whether through new programs, technology investments, research expansion, or capital projects, the conversation often centers on the academic side of the house. Far less attention is paid to the operational backbone that makes those ambitions possible. Yet the complexity of modern higher education demands a back-office infrastructure that can match the scale and sophistication of the academic enterprise. Finance, human resources, facilities, research administration, and other administrative functions must operate efficiently, consistently, and with clear accountability. When these systems lag behind, the result is slower decision-making, missed opportunities, and greater strain on faculty, staff, and students alike.

The Role of an Operational Review

An operational review is one of the most effective ways to ensure that backbone is strong enough to support growth. More than a housekeeping exercise, it is a structured, end-to-end assessment of the systems, processes, and controls that drive efficiency, accuracy, and accountability. For donors, government grantors, and financing partners, these qualities are not optional; they are prerequisites. Stakeholders committing significant resources want assurance that the institution can manage funds responsibly, produce reliable reporting, and adapt quickly to changing circumstances. A proactive operational review allows leadership to identify and address gaps before they surface under the pressure of a capital campaign, grant compliance audit, or lender due diligence. By taking this step before it is required, institutions can turn operational readiness into a strategic advantage, positioning themselves to move quickly and confidently when opportunity knocks.

The Cost of Unpreparedness

In practice, the need for operational readiness often becomes clear only when the clock is ticking. Capital campaigns have been delayed because donor-required financial documentation could not be produced quickly. Institutions have accepted less favorable financing terms when internal processes could not meet lender timelines. Competitive grant proposals have been weakened, or disqualified entirely, when administrative systems failed to demonstrate compliance capacity. These are avoidable setbacks. In my experience, I have seen organizations with streamlined administrative processes and strong internal controls are more likely to secure funding quickly, negotiate better terms, and sustain compliance over time. An operational review provides the assurance, internally and externally, that the institution can not only attract resources but also deploy them without delay or disruption.

Forward-Looking Operational Readiness

An operational review in higher education is a structured, institution-wide assessment of the administrative functions that underpin academic and strategic success. It examines areas such as finance, human resources, facilities, and research administration to evaluate efficiency, accuracy, internal controls, and capacity for growth. Unlike an audit, which looks backward to ensure compliance, an operational review is forward-looking, identifying where processes can be streamlined, risks reduced, and resources better aligned with institutional priorities. The result is a roadmap that equips leadership with the insight and confidence to pursue funding, partnerships, and program expansion without operational bottlenecks.

Preparing for Opportunity

Opportunities in higher education rarely wait for institutions to get their house in order. Donors, grantmakers, and financing partners will always favor those who can demonstrate readiness on day one. An operational review is not just an administrative exercise, it is a strategic investment in the institution’s ability to move quickly, compete effectively, and steward resources with confidence. The question isn’t whether your college or university will face a moment when readiness matters, but whether you’ll be ready when it comes. The best time to prepare is before the opportunity arrives.

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This material has been prepared for general, informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Should you require any such advice, please contact us directly. The information contained herein does not create, and your review or use of the information does not constitute, an accountant-client relationship.

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