Posts Tagged ‘podcast’

(podcast) Mission Advancement in a Challenging Economic Environment

Monday, August 10th, 2009

This afternoon marked the first day of O’Meara Ferguson’s summer conference, Development, Financing and Catholic Education in a Turbulent Economy. As Catholic professionals experienced in the Church’s temporal affairs, O’Meara Ferguson is presenting this conference to provide bishops, religious superiors, and their leadership teams with the tools to become more effective stewards of the Church’s human, physical, and financial resources.

The conference, which runs through August 12, features more than 20 speakers from various Church and secular organizations including the Archdiocese of Chicago, Archdiocese of Louisville, Goldman Sachs, Harvard University, Moody’s Investor Service, Oppenheimer & Co., and William Blair & Company.

O’Meara Ferguson Mission Advancement Services president and CEO, Dan Conway, provided the capstone for the first evening with his talk, Mission Advancement in a Challenging Economic Environment. In his presentation, Conway, a noted speaker, author and consultant, described the importance of those who work closely with the leadership of the Church to help those leaders recognize that stewardship is more than “the Church’s latest fad”.

Rather, Conway said, stewardship is fundamental to our mission “to proclaim Jesus Christ and to be the seed and beginning of His kingdom.”

“For us, Jesus Christ is the one true hope. He is the only source of lasting joy. And we are called to be good and generous stewards of all His gifts, both spiritual and material,” Conway said. “We are called to advance His mission in the best of times and in the worst of times.”

 
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(podcast) Hope For Our Catholic Schools (Part II): Operational Models

Tuesday, April 28th, 2009

In the second part of our five-part series on Catholic School Financing, O’Meara Ferguson president and founder Patrick O’Meara discusses the spectrum of operational models used in Catholic education. Following the spectrum illustrated below, O’Meara details the structure, benefits and challenges of four operational models:

  1. The cost-based model
  2. The annual fund model
  3. The philanthropic (donation-driven) model
  4. The stewardship model

O’Meara further explains that the point where a school falls on the operational model spectrum, is the lens through which all decisions regarding a school’s health, vibrancy and sustainability should be made.

While discussing the various models, O’Meara notes that many times there is a disassociation between the “revenue drivers” and the “cost controllers”, and that often, the two will try and manage the school in isolation instead of collaboration. And, while categorizing schools on an expense basis instead of a revenue/sponsorship basis has been the primary comparative model of the Catholic Church, O’Meara believes it is less helpful.

“We believe that the larger driver of the measurable, actionable items that will drive health are in the revenue/sponsorship side”, O’Meara says, “and that should be seen in conjunction with the expense side – but the expense side is the less informing model.”

In the conclusion of the podcast, O’Meara mentions charter schools and voucher programs, and their effects on the operational models of Catholics schools now and into the future.

Coming Soon in Part III – Hope For Our Catholic Schools: Capital Models

Click below to listen to Part II – You may listen to or download this podcast in full, or in three parts, whichever is more convenient for you.

 
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(podcast) Hope for our Catholic Schools (Part I): An Overview of Economic Models

Wednesday, March 25th, 2009

Catholic Education is one of the Church’s primary responses to Christ’s mandate to “Go unto all the nations, baptizing them in the name of the Father, the Son and the Holy Spirit – teaching them to observe all that I have commanded you.” Sadly, across the country, Catholic schools are closing or are on the brink of closing. As dioceses, parishes and religious orders face difficult economic challenges and decisions, the tremendous treasure of Catholic education is put at risk. But, says O’Meara Ferguson president and founder Patrick O’Meara, the difficult time facing Catholic education is “not upon us at this moment – it’s been upon us for the last thirty years.”

In part one of a five-part series on Catholic School Financing, O’Meara stresses the need to review the economic models for Catholic education in order to understand the changing environment and operating realities which have come about over the last 50 years. “We need to have economic models that exist for today,” O’Meara says, and in doing so, Catholic schools can not only exist, but thrive.

In the first podcast, O’Meara gives an overview of the following topics:

  • What is an economic model?
  • What are the various operating models used in Catholic schools?
  • What are the various capital models used in Catholic schools?
  • What criteria should be used to determine the best economic model for a Catholic school?
  • What are the appropriate goals for our school’s economic model?

In subsequent podcasts, O’Meara will discuss in greater detail the operating and capital models and will offer concrete suggestions for how leaders of a particular school can determine which model is best for its particular circumstances.

Click below to listen to Part I – You may listen to or download this podcast in full, or in three parts, whichever is more convenient for you.

 
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(podcast) The Economy, Building Projects, and Capital Campaigns: Hope Amidst Difficult Times

Friday, February 20th, 2009

The Church’s witness to hope is needed now more than ever. In a recent podcast, O’Meara Ferguson president and founder Patrick O’Meara argues that as the stock market struggles to rebound and as trust in material things is fading, “the Church has the opportunity to speak with great conviction and with great efficacy.”

For O’Meara, this is not the time to put the brakes on parochial or diocesan capital projects. To do so would show “pusilanimity” in the face of the Lord’s promise that the Church will endure. Some capital projects might need to be adjusted due to the present economic climate. Pledges might be extended over five years rather than three. The time of preparation for the capital campaign might be lengthened in order to achieve higher rates of participation. But for O’Meara, the economy is not bad enough to stop building projects. People want to be generous, especially in difficult times.” Now is the time for us to speak with hope.”

O’Meara cites facts about the resiliency of the economy that are not being widely reported in the 24-hour news cycle. Click the podcasts below to learn more – You may listen to or download this podcast in full, or in three parts, whichever is more convenient for you.

Please Note: At 19:17 of the full-interview podcast (at 9:30 of Part II), Mr. O’Meara is asked to cite examples of current successful diocesan campaigns. In his first example, Mr. O’Meara refers to a campaign by the Archdiocese of Miami. His intention was to refer to the $105 million campaign by the Archdiocese of Milwaukee. We apologize for any confusion this may cause.

 
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