TUALATIN, OR – The Oregon Alliance of Independent Colleges and Universities (The Alliance) has signed an operating agreement with Core Education Services, a public benefit corporation on a mission to transform the business model for small- and mid-sized colleges and universities to unleash its shared service platform and business transformation solutions. The agreement with Core will allow The Alliance and its 12-member institutions to leverage economies of scale to improve services, technology, and operating effectiveness.
“The combined budgets of The Alliance member institutions are more than $1 Billion,” said President of the Oregon Alliance of Independent Colleges and Universities Brent Wilder. “We need to find the right platform to empower our institutions to work independently yet take advantage of the economies of scale for shared services. Our operating agreement with Core provides us with the best of both worlds.”
“The operating partnership with Core is an important strategic initiative,” said President of Linfield University and Chairman of the board for The Alliance Miles Davis. “The operating agreement with Core creates a shared service platform that encourages inter-institutional collaboration, improving the collective strength of our 12 institutions.”
The agreement allows The Alliance institutions to transform their business models with shared service through a unique operating partnership. Supporting services and expanded human resources for member institutions include enterprise and campus technology, institutional research, financial planning, capital strategies, workflow automation, academic programming services, revenue growth, and compliance support services.
“Business model transformation requires innovation and creativity,” said Executive Chairman of Core Education Rick Beyer. “By creating economies of scale and providing access to top talent and resources that would otherwise be inaccessible, members of The Alliance will have an operating partner who understands what it takes to establish long-term prosperity through transformation.”
About the Oregon Alliance of Independent Colleges and Universities
The Alliance’s activities foster collaboration and find the intersection between the needs and expertise of member institutions, industry leaders, philanthropy, and government. In doing so, The Alliance is a contributing partner to Oregon’s 40-40-20 education attainment goal, strengthening the state’s intellectual, creative, and economic resources. The mission of Oregon Alliance of Independent College and Universities is to represent and serve its member institutions, all of which are accredited by an institutional accrediting agency recognized by the United States Department of Education, nonprofit, independent colleges and universities in Oregon. For more information, please visit www.oaicu.org.
About Core Education Services, PBC
Core Education is a public benefit corporation with a mission to help small- and mid-sized institutions transform their business model. By creating a culture of prosperity, Core leverages its economies of scale to achieve operational effectiveness, technological efficiency, and market expansion implemented through innovative shared services. For more information, please visit www.core.edu.
Contacts:
Eve Canty
ecanty@core.edu
+1. 740.738.2108
Brent Wilder
brent@oaicu.org
+1. 503.342.0004