Why We Must Transform
Like many colleges, SJC’s recent operations have been shaped by austerity – a natural response to declining enrollments, the looming demographic cliff, and now the COVID-19 pandemic. Putting us on a path first to survival and then to success means turning around our financial outlook using four key metrics: market durability, cash flow, wealth, and liquidity. Positioning us to improve on each of these will allow us to offer competitive compensation, fund program renewal and strategic initiatives, update our infrastructure, and grow our reserves to manage operating expenses.
The post-Covid world will accelerate already rapidly shifting market dynamics in higher education. Students of all ages will expect customized learning on their terms, when and where they choose, using diverse and dynamic platforms, enriched by purpose, and hyper-focused on career paths, all while banking on a meaningful and rewarding life.
SJC’s new brand story promises that we are the place where community grows. Our transformation will uphold that promise, creating a distinct and focused environment that grows true community leaders in the Mercy tradition. SJC is also proud to be a learner-centered environment – a promise to shepherd each student’s investment in a better opportunity. As we transform, the definition of learner-centered must expand, providing continual support throughout our lifelong learners’ lives.