- Publisher: n/a (2014)
- ISBN-10: 0985876212
- ISBN-13: 978-0985876210
- Product Dimensions: 9 x 6 x 1.1 inches
- Shipping Weight: 1.3 pounds
- Average Customer Review: 4.4 out of 5 stars See all reviews (16 customer reviews)
- Amazon Best Sellers Rank: #862,201 in Books (See Top 100 in Books)
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Mind the Gap: An Insider's Irreverent Look at Private School Finances and Management-with a Lesson for Government and Industry, Too! Paperback – 2014
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Top Customer Reviews
1. Always run a school operationally EXCLUSIVELY from from tuition revenues, without relying on gifts or endowments - annual funds are not only taboo, but indicative of an unhealthy cost structure
2. Hire as few people in administration as possible and pay them HANDSOMELY to reduce the need for additional administrators - one GREAT comptroller is better than THREE average ones, who then incur a communication cost, and it's cheaper to pay $120k to one worker than $50k + benefits to three
3. Expand facilities exclusively using gifts / donations
4. Maximize spending that directly improves the educational experience of the students while minimizing administrative expenses
5. Endowments are harmful - schools with larger endowments consistently charge higher tuition than their less endowed counterparts, without delivering better results
Soghoian is simply applying common business sense to private education. More surprising is the fact that so few schools heed his sound advice. How many times have I (a private school teacher) heard people wish we had a bigger endowment or complain about not meeting our annual fund, yet we don't cut the administration, we add.
Amen, Dr. Soghoian, Amen.
Most Recent Customer Reviews
This is an interesting and thoughtful look at the nebulous world of school finance. The theories are thought provoking, and if my little school were in New York city rather than... Read morePublished 22 months ago by Richard Abbott
Mind the Gap is a " must read " for every school administrator. In fact, I have recommended it to all of the schools and their management teams where I am consulting. Read morePublished 23 months ago by David W. Lacey
Very informative. Intended to open eyes and it accomplishes that. Must read for all school heads, trustee and business managers.Published on July 11, 2014 by Harris Stein ℅ Allen-Stevenson School
Be wary. This book is lacking logic in places. He presents some good ideas, some intriguing ideas, and some crazy ideas. Read morePublished on June 25, 2014 by Amazon Customer
Dr. Soghoian is an out of the box thinker, but it's all just common sense.
This book is inspirational. Read more
Soghoian is a genius. He turned Columbia Grammar & Preparatory School into both an A+ place to learn and a model of how a private school - and businesses, also - should be managed. Read morePublished on December 24, 2013 by 1185
Great insights, great book! If you are a leader in education or just care about seeing it run well, this book is for you. I highly recommend it to you.Published on November 28, 2013 by ProSportDoc
Mind the Gap is a must read for all people running a not for profit educational institution. The message resonates across the governance of many other not for profit institutions... Read morePublished on October 13, 2013 by Mitchel M.
This extremely well written book that just might influence a few courageous souls to take on their entrenched bureaucracies! Read morePublished on October 11, 2013 by David Ng