Jeffrey Shields Award for Innovation Excellence in School Business Operations

Award Description

This award recognizes NBOA member schools that have demonstrated innovation in school business operations, through approaches, programs and/or practices that may serve as a model in our independent schools community. Learn more about this award.

Overview

The description should include the problem or situation that the project was developed to address, the process for solving the problem, the solution developed, and metrics identified to determine success. If the nominated innovation has had an industry-wide impact, please indicate as much on the application form. Wide-scale impact is not required for consideration, however; results may be limited to your school. Regardless, the project should have been established long enough to show success metrics, but not so long that it may no longer be considered an innovation (e.g., longer than a year, but not longer than six years).

Criteria

Awarded projects will demonstrate:

  • The innovation’s long-term effects for recipient schools and their constituents, which could be students, faculty, staff, community, parents or the campus itself.
  • Projects that positively "shake up" organizations by implementing new ideas, creating new models of management, and transforming organizational culture.
  • Potential for far-reaching impact, appeal to multiple stakeholders within and across the organization and/or the community.
  • The measurability of benefits in terms of current and future marketplace demands as well as school needs.

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The only research study based on the audited financial statements of independent schools, the Financial State of the Industry draws on data from hundreds of NBOA member schools collected in the BIIS platform. This report considers financial and operational data from the singular 2019-20 school year, which ended with remote instruction for most independent U.S. schools. Changes in schools’ financial health occurred both before the COVID-19 pandemic and as a result of it.

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