Beauty Link - Volume 4, Issue 2 - (Page 56)
AND THEN THERE’S COMPLIANCE
Navigating Complex Regulatory Waters
The Fins, Obstacles and Regulations Along the Way
WE ALL KNOW
the line out of Jimmy Buffet’s song,
Fins: “You’ve got fins to the left, fins to the right
and you’re the only bait in town.” Whether it’s the State or Federal regulators or accrediting agencies, we don’t need another Debbie Downer to elaborate the recent decisions that may have significant (negative) impact on our industry and business. Historically, private postsecondary schools have experienced regulations that have closed some doors and opened others. We see this in all industries—constraints and freedoms, regulation and de-regulation. The challenge is finding the homeostasis for your school. This is where it is critical for any school business to get strategic. And this will make the difference to stave off the “fins.” Every organization has a goal to be effective—our measures include our student population, graduates, those that license and achieve their career objective of Gainful Employment while making a profit. These are our outcomes, regardless of whether the school provides Title IV Funding or not. Other measures consider internal systems that make our business efficient—policies, procedures, accounting, human resources, marketing/advertising, financial aid, admissions, education and tracking to name a few. Each school/business has developed a culture. This is what will help or sometimes hinder a school’s ability to respond to changes. If the culture supports the metrics for effectiveness and efficiency, all will be able to respond to the external influences and survive and thrive! Regardless of what comes our way, there are systems that will help us thrive. The following acronym—CIA is not a covert operation, but imperatives to create a cohesive, mutually supportive team to make a difference.
Schools having the culture and core values to respond to the mandated changes will be able to move forward in the appropriate direction necessary to thrive.
• rovide your school’s team with guidance on P specifically how regulatory changes impact the school and their job.
Internal Checks and Balances
• tudent feedback, tracking and controls. S • stablish performance metrics for each position E to reach goals for effective/efficient operations. • stablish program curricula to include educaE tion/activities and support achieving performance metrics (outcomes, 90/10).
• T itle IV schools—Cohorts, completion, licen sure, placement, ATB student management (slated to be ineligible for Title IV July 1), 90/10, state reporting requirements. • Non-Title IV schools—Cash and private funding opportunities for enrolling students, Competing with T-4 schools, state reporting requirements and tracking information to be competitive. • Internal evaluation—Assure that all are in support of the vision. Those who are unwilling to be part of the team will need to be traded out. It is an unfortunate reality. Schools having the culture and core values to respond to the mandated changes will be able to move forward in the appropriate direction necessary to thrive. The mission of our schools remains unchanged—students are still seeking education to improve their lives. I refer to C.O.R.E. values as an acronym for Community, Opportunity, Relationship and Elevate. It truly takes a community spirit within the school to focus on the common vision, recognize opportunities and build relationships to elevate and navigate complex regulatory waters, regardless of the fins, obstacles or regulations along the way. Karyn Laitis is executive director of Education at Marinello Schools of Beauty.
• Monitor websites consistently to be knowledge able—AACS, state, Federal and national accrediting agency information. Build relationships with employers. • Compliance education—seek out the experts for accurate information, what we can and can’t say or publish, disclosures. Check the AACS link to MaxKnowledge Online Workshops. Many specifically address compliance, leadership and functional areas that also provide Continuing Education Units (CEUs).
BY KARYN LAITIS
The online course CM102 – Raising the Bar – Compliant Communications with Students is now available on the AACS Online Training Center (with customized content for 21 states) . Visit http://bit.ly/BeautyLinkCM102 for more info on this course. Members call AACS at 800-831-1086 for your VIP Discount Code to save on Training Center keys.
| B EAU TYLINK | E FFICI ENC Y | 2012
Table of Contents for the Digital Edition of Beauty Link - Volume 4, Issue 2
Message from the AACS President and CEA Chair
Workings of Washington
CEA 2012 Convention Preview
A Student’s Perspective NEW!
A Beautiful Return
AACS Listserve Q & A
Building a Powerful To-Do List
Creating Agile and Efficient Meetings
Wearing Many Hats
Beauty Changes Lives
Your Career Center
Never Assume a Pitch Is Dead
Creating Green Value
And Then There’s Compliance
Voices from the Classroom
Behind the Scenes with The Hunger Games
Creating a Dream Career
Accommodating Students with Disabilities
Associate Member Profiles: Insurance and Legal Services
People & Places
New Products & Services
New School Members
Upcoming 2012 Events
Index to Advertisers
Beauty Link - Volume 4, Issue 2
If you would like to try to load the digital publication without using Flash Player detection, please click here.