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Post by Pakachoag Phreek on Feb 1, 2023 11:23:57 GMT -5
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Post by sader1970 on Feb 1, 2023 11:40:42 GMT -5
Vince's slideshow yesterday afternoon is more informative than the video. I took pictures of the slides (38 +/-) but way too large to put here. Will try to post the Zoom transcript. I deleted the first few pages before Vince got on and a huge caveat, the transcript, as you would expect, is phonetic so your brain is going to have to do some extrapolation. Skinner is co-chair of the Holy Cross Fund. Dick Lavey is co-chair of the President's Council.
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Post by Pakachoag Phreek on Feb 1, 2023 14:21:31 GMT -5
The video is a lot of aspirational gloss. How much substrate lies beneath the gloss is to be determined. aspire.holycross.edu/^^^ This is the slide deck, appears to be version 2.0
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Post by Pakachoag Phreek on Feb 1, 2023 14:45:22 GMT -5
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Post by sader1970 on Feb 1, 2023 15:08:54 GMT -5
Atta boy, Phreek! Much easier to follow than the transcript. Pictures worth a thousand words.
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Post by efg72 on Feb 1, 2023 16:37:42 GMT -5
Bill Riga
The HC Strategic Vision, area II, for a transformational and “sustainable varsity athletics experience that maximizes opportunity for ongoing excellence”, is the vision and direction we need here for sports on campus. Happy to be a part of this mission. @presrougeau @goholycross
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Post by matunuck on Feb 1, 2023 18:40:55 GMT -5
Also notable from presentation — doubling the endowment and broader geographic pool of students. Couldn’t agree more.
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Post by longsuffering on Feb 2, 2023 0:52:45 GMT -5
The video is a lot of aspirational gloss. How much substrate lies beneath the gloss is to be determined. aspire.holycross.edu/^^^ This is the slide deck, appears to be version 2.0 When the Endowment report covering the period ending Dec. 31, 2022 comes out do you think Holy Cross will still be a billionaire?
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Post by longsuffering on Feb 2, 2023 1:47:48 GMT -5
Also notable from presentation — doubling the endowment and broader geographic pool of students. Couldn’t agree more. I can laud those goals also. But what happens if giving to HC matches the same pace as the last 10-15 years when maximum effort was being exerted to raise money each and every year, HC experiences it's traditional below market return on investment, and the stock market treads water for a few years after several years of terrific growth and one significant down year last year? Those questions are for the doubling of the endowment goal. For the broader geographic pool of students goal, what happens if after significant resources are allocated to recruit top students from the hinterlands, the most qualified and committed applicants are still coming from the regions HC traditionally draws from? What happens if "Holy Cross" continues to have more cachet in Northern New Jersey than Southern California, and generates more interest in attending on the South Coast of Massachusetts than the Gulf Coast of Florida? What happens if qualified students from afar can be marketed about HC and will consider going but their families are less enthused about paying full price than legacy families and regional families who are much more familiar with Holy Cross and value the reputation of HC more than families who live and work thousands of miles away? Will HC give significantly more per student per year in grants to meet their geographic diversity goal with applicants who are on average slightly less academically qualified than applicants from traditional locations and just won't enroll for the same financial aid package as a student with more HC connections will? Goals are great but I hope HC has contingency plans to live within it's means if the endowment doesn't double and remains committed to accepting the most qualified applicants regardless of zipcode.
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Post by Pakachoag Phreek on Feb 2, 2023 8:31:56 GMT -5
The video is a lot of aspirational gloss. How much substrate lies beneath the gloss is to be determined. aspire.holycross.edu/^^^ This is the slide deck, appears to be version 2.0 When the Endowment report covering the period ending Dec. 31, 2022 comes out do you think Holy Cross will still be a billionaire? HC doesn't publicly report endowment value as of the end of the calendar year. The value as of every June 30th, is the only value that counts, as it is used in the formula used to calculate the distribution of endowment monies for the operations of the college.
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Post by Pakachoag Phreek on Feb 2, 2023 9:01:49 GMT -5
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Post by sader1970 on Feb 2, 2023 9:17:35 GMT -5
Notre Dame was just a stop for Elliott who is a Crusader. You knew that. The Crusader part makes me much more excited for the College than the fact he's coming from ND. (not that there's anything wrong with that)
Part of what he's said to someone I know: "Our family is excited about the adventure ahead; I am especially delighted to work shoulder to shoulder with the inspiring Vincent Rougeau to advance Holy Cross."
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Post by Pakachoag Phreek on Feb 3, 2023 8:26:09 GMT -5
There is actually a Society for College and University Planning, with headquarters in Ann Arbor. Who knew?
From the Society's webpage. Had to look up the acronym KPI, which means Key Performance Indicator.
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Post by KY Crusader 75 on Feb 3, 2023 9:14:59 GMT -5
There is actually a Society for College and University Planning, with headquarters in Ann Arbor. Who knew? From the Society's webpage. Had to look up the acronym KPI, which means Key Performance Indicator. Here's a nitpick, in keeping with Crossports customs: I believe that is an abbreviation, not an acronym. To be an acronym it must be pronounced as a word. To illustrate: "NATO" is an acronym because people say "Nay-toe" while the "NFL" is not an acronym because people do not say "Niffle". If people call a Key Performance Indicator a "Kippy" I'll stand corrected and slink away in shame.
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Post by alum on Feb 3, 2023 10:00:29 GMT -5
There is actually a Society for College and University Planning, with headquarters in Ann Arbor. Who knew? From the Society's webpage. Had to look up the acronym KPI, which means Key Performance Indicator. Here's a nitpick, in keeping with Crossports customs: I believe that is an abbreviation, not an acronym. To be an acronym it must be pronounced as a word. To illustrate: "NATO" is an acronym because people say "Nay-toe" while the "NFL" is not an acronym because people do not say "Niffle". If people call a Key Performance Indicator a "Kippy" I'll stand corrected and slink away in shame. Well done. I don't understand why some people think being pedantic is a bad thing.  But, I think that KPI is not an abbreviation, but rather, an initialism.
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Post by Chu Chu on Feb 3, 2023 10:45:46 GMT -5
Here's a nitpick, in keeping with Crossports customs: I believe that is an abbreviation, not an acronym. To be an acronym it must be pronounced as a word. To illustrate: "NATO" is an acronym because people say "Nay-toe" while the "NFL" is not an acronym because people do not say "Niffle". If people call a Key Performance Indicator a "Kippy" I'll stand corrected and slink away in shame. Well done. I don't understand why some people think being pedantic is a bad thing.  But, I think that KPI is not an abbreviation, but rather, an initialism. This would not happen on any other board!
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Post by rgs318 on Feb 3, 2023 10:47:06 GMT -5
Amazing what you can learn on Crossports. 
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Post by alum on Feb 3, 2023 10:59:03 GMT -5
Well done. I don't understand why some people think being pedantic is a bad thing.  But, I think that KPI is not an abbreviation, but rather, an initialism. This would not happen on any other board! I have looked at this issue further, and have now concluded that KY gets credit for his answer. I think that it is fair to say that initialisms and acronyms are varieties of abbreviations. There are also abbreviations which are not either initialisms or acronyms. E.g. "Ave." or "Rd." or "St."
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Post by sader1970 on Feb 3, 2023 12:04:00 GMT -5
Another digression that might set Phreek off since he was a long-time government employee.
I like to think of myself as a former professional manager/executive who did a lot of planning and implementing (just not in the government). Digression on a digression, "Management" involves Planning, Organizing, Leading and Controlling.
These concepts worked extremely well throughout my decades long career and especially with the multi-billion dollar insurer I worked for for almost 28 years. Last 14.5 years was with a smaller national company owned by and working with the auto insurers in the U.S. About 8 years into my time there, Bryant College (University now) had a grant from someone (feds, state?) to teach local businesses "Project Management." As senior management, a bunch of us went to 3 +/- day orientation on the concept and we were offered to allow employees and ourselves to take a course there to become a PMP (Project Management Professional). Our HR guy and former trainer loved the idea of getting something for nothing and over the next 3 or so years, our little company (450-500 employees) had 25 or so PMPs. Now, what do you do with all that "knowledge?"
Any initiative team had to have a PMP on the team and surprise, surprise, every single initiative or project or, frankly, any and every action slowed to a crawl and an entire "Project Management Team" of additional employees that didn't exist before was layered on. Even the simplest activities needed to be committed to writing with necessary approvals. I retired before they ever put even the slightest controls on the PM controls.
So, I'm all for strategic planning. In fact, it's critical. Project Management - not so much. Phreek can keep me honest here but believe PM was the brainchild of NASA.
[Your company results with PM may vary]
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Post by timholycross on Feb 3, 2023 15:06:08 GMT -5
I can echo sader1970s post.
My company went from flimsy documentation that needed to be shored up to over-documenting everything. And, it was busy work; when someone had to do some kind of fix of what-have-you; they never looked at it until after the fix was done.
Then a new management team came in and the documentation for the new systems they championed was, again, non-existent.
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Post by Pakachoag Phreek on Feb 3, 2023 17:35:53 GMT -5
Another digression that might set Phreek off since he was a long-time government employee. .............. So, I'm all for strategic planning. In fact, it's critical. Project Management - not so much. Phreek can keep me honest here but believe PM was the brainchild of NASA. [Your company results with PM may vary] NASA did not start from scratch. For example, PERT (Program Evaluation Review Technique) was introduced by the Navy and the building of nuclear ballistic missile submarines in the 1950s, and NASA adopted it. I just looked at my old and still legible 300+ page manual for contract cost ,management, developed by a management consulting firm, and all the examples in it are private sector industry. There were almost no fixed price contracts, nearly all were some flavor of cost plus. The ;private sector is happy to be awarded a cost plus contract, but private sector companies awarding such contracts would be atypical, as they don't own the printing press. Back in the day, the way that NASA managed was light-years ahead of the rest of the Federal government, except for the R&D programs in DOD and the nuclear weapons programs. Before there was Lotus123, i had spreadsheets running on a computer in Alabama that I accessed from my terminal in Washington. (I was costing manned missions to Mars this way. I couldn't classify the spreadsheets, and very, very few people were supposed to know what the numbers were for, so I titled the spreadsheets after bands. CCR was Credence Clearwater Revival (really for Bad Moon Rising), 3DN was Three Dog Night. There were several others that I can't remember. But CCR was the preferred mission, and there was CCR-1 and CCR-2, as there are two types of missions if you fly to Mars: Opposition Class and Conjunction Class. The basic difference between the two is either a long outbound trip and a short duration return trip to Earth, or a short outbound and a long return.
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Post by newfieguy74 on Feb 3, 2023 18:23:42 GMT -5
PP, when you use "short duration" and "long return" what kind of times frames are we talking about?
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Post by Pakachoag Phreek on Feb 4, 2023 10:07:17 GMT -5
PP, when you use "short duration" and "long return" what kind of times frames are we talking about?  These are contemporary* trajectories for conjunction and opposition class missions. The red loop in the left example represents return(s) to earth by way of a Venus flyby. [* Early 21st Century calculations.] Venus flybys are/were a mission option, because of the gravity assist.  Contemporary table showing tradeoffs between conjunction class (950 days) and opposition class missions (650 days). 'My' missions used a NERVA rocket engine, and the opposition class mission duration was 500-600 days. The conjunction class mission duration was similar to contemporary durations, a variable being the length of stay in Mars orbit and on the Martian surface. Back then, there was an extended period of orbiting Mars while automated landers took samples and returned these to the crew module to determine whether there were life forms present on the surface. Subsequent decades of exploration have pretty much answered that question.  The NERVA engine, to my eye, it has a Buck Rogers Art Deco quality about it. NERVA was a nuclear reactor engine that burned hydrogen fuel. Hydrogen is very light, so a rocket's tank can carry large quantities with a low weight penalty. Hydrogen is commonly used in chemical rocket engines, e.g., hydrogen and oxygen were burned to power the upper stages of the Saturn V rocket. In the earth's atmosphere, hydrogen will not burn by itself. From Wiki en.wikipedia.org/wiki/NERVANixon cancelled NERVA in 1973.
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Post by sader1970 on Feb 4, 2023 10:17:00 GMT -5
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Post by Pakachoag Phreek on Feb 4, 2023 10:29:52 GMT -5
Childhood lesson: don't always raise your hand in class.
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