There is no single formula for innovation because each institution has its own history, mission, culture, and comfort with change. A starting point for some may be to improve the quality of existing programs. Others may focus on cutting and managing costs while maintaining quality. Still others may take a more comprehensive approach and reinvent the institution in dramatic ways. Whatever path an institution takes, understanding the need for innovation and committing to the process should lead the way.
The AGB Board of Directors recognizes the forces confronting colleges and universities, as well as the pressures chief executives face in addressing these challenges. Governing boards must recognize their significant responsibility to foster, engage, and support a culture that welcomes innovation. This AGB Board Statement is meant to stimulate conversation among college and university leaders, governing bodies, and other stakeholders, with a goal of facilitating a culture of innovation on campuses at a time of unprecedented and dynamic change.
In addition to this statement, AGB has created a dedicated web page, agb.org/innovation, that features case studies and practical resources to assist governing boards in promoting a culture of innovation on campus.