5000DOLLARBILL
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Duke Club Announces Strategic Staffing Updates
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06-30-2014 09:35 AM |
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olddawg
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RE: Duke Club Announces Strategic Staffing Updates
I'm getting a link to nowhere...
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06-30-2014 09:43 AM |
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Deez Nuts
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RE: Duke Club Announces Strategic Staffing Updates
that was announced last week. but I wouldn't call it news.
I tip my hat to the guys and gals in the Duke Club for doing a great job. It's a tough one.
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06-30-2014 10:19 AM |
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5000DOLLARBILL
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RE: Duke Club Announces Strategic Staffing Updates
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06-30-2014 10:19 AM |
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HotHamandCheese84
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RE: Duke Club Announces Strategic Staffing Updates
This is a good move and it will be necessary for the upcoming campaign. We are beginning the quiet phase of the campaign on 7/1.
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06-30-2014 12:35 PM |
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HolyCityDuke
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RE: Duke Club Announces Strategic Staffing Updates
How about Strategic moving? We've been planning for way too long.
(This post was last modified: 06-30-2014 12:43 PM by HolyCityDuke.)
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06-30-2014 12:43 PM |
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South Carolina Duke
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RE: Duke Club Announces Strategic Staffing Updates
(06-30-2014 12:43 PM)HolyCityDuke Wrote: How about Strategic moving? We've been planning for way too long.
Not in most bean-counter's skill sets!
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06-30-2014 01:06 PM |
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DolleyMadison
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RE: Duke Club Announces Strategic Staffing Updates
(06-30-2014 12:35 PM)HotHamandCheese84 Wrote: This is a good move and it will be necessary for the upcoming campaign. We are beginning the quiet phase of the campaign on 7/1.
Maybe this is my lack of knowledge on how these campaigns work but if we are "starting" a quiet phase on 7/1, what was that event that jmusports.com posted pictures about saying they had already raised some money? The super quiet phase?
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06-30-2014 01:09 PM |
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5000DOLLARBILL
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RE: Duke Club Announces Strategic Staffing Updates
I can tell my bagmen humor was lost in this post... first rule of JMU boards, dont talk about the Duke Club.
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06-30-2014 01:58 PM |
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Purplehazed
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RE: Duke Club Announces Strategic Staffing Updates
(06-30-2014 12:35 PM)HotHamandCheese84 Wrote: This is a good move and it will be necessary for the upcoming campaign. We are beginning the quiet phase of the campaign on 7/1.
what year? Per Jeff Bourne, every year has a 7/1.
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06-30-2014 02:28 PM |
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FBM2014
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Re: RE: Duke Club Announces Strategic Staffing Updates
(06-30-2014 01:58 PM)5000DOLLARBILL Wrote: I can tell my bagmen humor was lost in this post... first rule of JMU boards, dont talk about the Duke Club.
I get it and was entertained. I LOLd.
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06-30-2014 04:29 PM |
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HotHamandCheese84
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RE: Duke Club Announces Strategic Staffing Updates
(06-30-2014 01:09 PM)DolleyMadison Wrote: (06-30-2014 12:35 PM)HotHamandCheese84 Wrote: This is a good move and it will be necessary for the upcoming campaign. We are beginning the quiet phase of the campaign on 7/1.
Maybe this is my lack of knowledge on how these campaigns work but if we are "starting" a quiet phase on 7/1, what was that event that jmusports.com posted pictures about saying they had already raised some money? The super quiet phase?
Fund raising campaigns can take on many forms. There is always a 1-3 year "quiet period" before the campaign is launched in order to try to line up pledges before the campaign is made "public." I know it sounds goofy in some ways but the quiet period provides some data on how much can be raised from everyone else. The donor population is divided into categories. There is a category for the $5,000,000 and greater pool and it cascades downward from there. We don't have many $5M plus donors at this point. I expect the biggest category of donors will be in the $1,400 ($200 a year for 7 years) to $3,500 ($500 a year for 7 years).
For example, if JMU can get $30,000,000 pledged during the quiet period, there is a good indication that we can raise $150,000,000 at the end of 7 years. I don't think we will hear an actual goal talked about until there is enough in the door to ensure success for the goal that's announced.
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07-02-2014 12:08 PM |
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Longhorn
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Duke Club Announces Strategic Staffing Updates
(07-02-2014 12:08 PM)HotHamandCheese84 Wrote: (06-30-2014 01:09 PM)DolleyMadison Wrote: (06-30-2014 12:35 PM)HotHamandCheese84 Wrote: This is a good move and it will be necessary for the upcoming campaign. We are beginning the quiet phase of the campaign on 7/1.
Maybe this is my lack of knowledge on how these campaigns work but if we are "starting" a quiet phase on 7/1, what was that event that jmusports.com posted pictures about saying they had already raised some money? The super quiet phase?
Fund raising campaigns can take on many forms. There is always a 1-3 year "quiet period" before the campaign is launched in order to try to line up pledges before the campaign is made "public." I know it sounds goofy in some ways but the quiet period provides some data on how much can be raised from everyone else. The donor population is divided into categories. There is a category for the $5,000,000 and greater pool and it cascades downward from there. We don't have many $5M plus donors at this point. I expect the biggest category of donors will be in the $1,400 ($200 a year for 7 years) to $3,500 ($500 a year for 7 years).
For example, if JMU can get $30,000,000 pledged during the quiet period, there is a good indication that we can raise $150,000,000 at the end of 7 years. I don't think we will hear an actual goal talked about until there is enough in the door to ensure success for the goal that's announced.
All true, although the number of $150 million you use for an example is exactly what I've been told will be the target for JMUs next capital campaign.
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07-02-2014 01:29 PM |
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HotHamandCheese84
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RE: Duke Club Announces Strategic Staffing Updates
If that is the number, it's too low in my opinion. I know there are fund raising experts out there that analyze campaigns and how much the donor base can be expected to contribute. If JMU is looking to raise $150,000,000 in this campaign in order to get us closer to having $250,000,0000 in the endowment over the next 7 years, that's not a stretch goal or dreaming big in my opinion. I would rather see us push a little further. If our experts are telling us that we can't stretch more, then provide us with a long range plan and tell us that we need to raise $500,000,000 by a date certain and that this campaign will be followed by another campaign and explain the return on investment to the donors for giving and explain why we need a huge endowment in order to be a national university. If I had any input, I would tell us that we need $1 Billion by a date certain and I would make the case for why we need it and how it elevates us.
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07-04-2014 06:22 AM |
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Longhorn
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RE: Duke Club Announces Strategic Staffing Updates
(07-04-2014 06:22 AM)HotHamandCheese84 Wrote: If that is the number, it's too low in my opinion. I know there are fund raising experts out there that analyze campaigns and how much the donor based can be expected to contribute. If JMU is looking to raise $150,000,000 in this campaign in order to get us closer to having $250,000,0000 in the endowment over the next 7 years, that's not a stretch goal or dreaming big in my opinion. I would rather see us push a little further. If our experts are telling us that we can't stretch more, then provide us with a long range plan and tell us that we need to raise $500,000,000 by a date certain and that this campaign will be followed by another campaign and explain the return on investment to the donors for giving and explain why we need a huge endowment in order to be a national university. If I had any input, I would tell us that we need $1 Billion by a date certain and I would make the case for why we need it and how it elevates us.
I agree with you 100%...perhaps the $150 mil number will be dramatically adjusted before the campaign's made public (let's hope so), but I'm afraid the concern/fear of the previous administration is still in place. I almost laughed out loud when Rose announced JMU's first capital campaign was to be $50 mil...it was just one of many issues where his judgement/vision came up lacking.
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07-04-2014 01:35 PM |
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HyperDuke
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RE: Duke Club Announces Strategic Staffing Updates
Decided I'd actually read the JMU article since I never did. Aaaaand it's not even on this thread specifically for it. This thread is disapertin.
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07-04-2014 05:01 PM |
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HotHamandCheese84
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RE: Duke Club Announces Strategic Staffing Updates
(07-04-2014 01:35 PM)Longhorn Wrote: (07-04-2014 06:22 AM)HotHamandCheese84 Wrote: If that is the number, it's too low in my opinion. I know there are fund raising experts out there that analyze campaigns and how much the donor based can be expected to contribute. If JMU is looking to raise $150,000,000 in this campaign in order to get us closer to having $250,000,0000 in the endowment over the next 7 years, that's not a stretch goal or dreaming big in my opinion. I would rather see us push a little further. If our experts are telling us that we can't stretch more, then provide us with a long range plan and tell us that we need to raise $500,000,000 by a date certain and that this campaign will be followed by another campaign and explain the return on investment to the donors for giving and explain why we need a huge endowment in order to be a national university. If I had any input, I would tell us that we need $1 Billion by a date certain and I would make the case for why we need it and how it elevates us.
I agree with you 100%...perhaps the $150 mil number will be dramatically adjusted before the campaign's made public (let's hope so), but I'm afraid the concern/fear of the previous administration is still in place. I almost laughed out loud when Rose announced JMU's first capital campaign was to be $50 mil...it was just one of many issues where his judgement/vision came up lacking.
I think your concern/fear will be a reality on the number. We need big money on the academic side for increased salaries and bonuses, research, scholarships, etc. If we don't fix the comp issue quickly we will begin to bleed more talent to other schools and we won't be able to attract faculty that make up the national university platform. We are dangerously close now to losing talent. We also need to recruit some high level admin folks on the leadership team as we have a number of people that are either at retirement age or near it. Talent for a national university is not cheap and they won't be coming to JMU because of the location and the food. The era of faculty staying at JMU because of the culture is be in jeopardy; faculty want to be recognized with compensation and funding of research and other projects. I'm pushing for an Honors College now and that's not a cheap project.
We also need big money on the athletic sides for capital projects, increased scholarships for a move to FBS, etc. We had the guts to hire an FBS coach in an FCS program. In order to retain Coach Withers, we will need to step up to FBS and we know that is expensive on a number of fronts.
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07-04-2014 09:12 PM |
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AllForDukes
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RE: Duke Club Announces Strategic Staffing Updates
(07-04-2014 06:22 AM)HotHamandCheese84 Wrote: If that is the number, it's too low in my opinion. I know there are fund raising experts out there that analyze campaigns and how much the donor base can be expected to contribute. If JMU is looking to raise $150,000,000 in this campaign in order to get us closer to having $250,000,0000 in the endowment over the next 7 years, that's not a stretch goal or dreaming big in my opinion. I would rather see us push a little further. If our experts are telling us that we can't stretch more, then provide us with a long range plan and tell us that we need to raise $500,000,000 by a date certain and that this campaign will be followed by another campaign and explain the return on investment to the donors for giving and explain why we need a huge endowment in order to be a national university. If I had any input, I would tell us that we need $1 Billion by a date certain and I would make the case for why we need it and how it elevates us.
HH&C
I am completely with you. Set your sights where the goal should be. To hell with the incremental steps and thinking small. If we are what we claim to be it is time to step up and answer the call. I am all in.
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07-04-2014 10:21 PM |
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HotHamandCheese84
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RE: Duke Club Announces Strategic Staffing Updates
(07-04-2014 10:21 PM)AllForDukes Wrote: (07-04-2014 06:22 AM)HotHamandCheese84 Wrote: If that is the number, it's too low in my opinion. I know there are fund raising experts out there that analyze campaigns and how much the donor base can be expected to contribute. If JMU is looking to raise $150,000,000 in this campaign in order to get us closer to having $250,000,0000 in the endowment over the next 7 years, that's not a stretch goal or dreaming big in my opinion. I would rather see us push a little further. If our experts are telling us that we can't stretch more, then provide us with a long range plan and tell us that we need to raise $500,000,000 by a date certain and that this campaign will be followed by another campaign and explain the return on investment to the donors for giving and explain why we need a huge endowment in order to be a national university. If I had any input, I would tell us that we need $1 Billion by a date certain and I would make the case for why we need it and how it elevates us.
HH&C
I am completely with you. Set your sights where the goal should be. To hell with the incremental steps and thinking small. If we are what we claim to be it is time to step up and answer the call. I am all in.
We need the alumni to communicate with the leadership expressing their opinions. The more we push our ideas the better chance we have of making great change. I know others may say that pushing for what we want by contacting the leadership is a waste of time and they will do nothing but "monitor" the situation. I can tell you from first hand experience that our voices do make a difference. The change is slower than we are all used to in the private sector. We are used to analyzing some problems and moving quickly with the solutions in some cases. That being said, we all have political barriers to overcome in the private sector to push many strategic issues that we think should be no brainers. We play by the rules in the workplace and on various boards or church committees and we work the system to get the solutions that we think are in the best interest of the organization. I'm learning that the rules of engagement in the university setting are quite different from the private sector in some ways and very similar in other ways.
Public opinion counts at JMU more than people know. Public opinion is captured in a number of ways: E-mail, phone calls, letters, meetings, donations, being engaged on committees or boards at JMU, coming back to speak to a class, being a mentor, etc. Using JMU's vision in the messages we all send and on boards or committees we serve on is very important. If we all get more engaged and play by JMU's rules while pushing the leadership with our private sector values will yield results we all want for JMU. It's much easier for JMU to discount people that complain only and are not involved in making the vision a reality. It's much more difficult to discount people that are critical of different aspects of the execution points but offer solutions and are participatory. We can be active players at JMU to push change or we can complain that others are "monitoring" and doing little to make the changes we think are necessary. There are many on this Board that post and many that do not but everyone is capable of helping make the changes necessary at JMU.
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07-05-2014 07:14 AM |
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South Carolina Duke
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RE: Duke Club Announces Strategic Staffing Updates
This is all well and good, however, I feel that JMU does not care about what "we think". The Administration believes their own press and have become disengaged with reality.
JMU was on a meteoric rise, but no so much any more I fear. Think about where we find ourselves both academically, athletically and the general public's perception of who we are. Who are we: I am not sure. But it seems like we are being governed by a bunch of empty suits, namely Alger!
We are somewhere in between Longwood and Va. Tech, an undefinable quantity....which really makes us nothing but a rudderless ship.
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07-05-2014 09:46 AM |
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