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.
Innovation may be demonstrated in the areas of strategic finance, long-term sustainability, tuition modeling, fundraising, information technology, human resources, facilities, operational efficiency and expense reductions.
Nominations should be submitted by the business officer and the head of school.
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 nomination 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).
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. We intend to honor projects that positively "shake up" organizations by implementing new ideas, creating new models of management, and transforming organizational culture. We will also consider the potential for far-reaching impact, appeal to multiple stakeholders within and across the organization and/or the community, and the measurability of benefits in terms of current and future marketplace demands as well as school needs.
The award may recognize multiple schools in any given year. To accompany the award recognition, each school will be given a monetary prize in support of their annual fund or selected gift category. The award(s) will be presented at the NBOA Annual Meeting.