News & Insights

When I think about sustainability, what immediately comes to mind is green.  Green — as a concept and not just a color — dominates every conversation.  

As I specifically consider leadership of a theological school, Green raises so many questions. 

Questions about ecology and the environment: Is my campus kind to the environment? Are our buildings green or at least getting greener? Are our behaviors on campus environmentally responsible? At the very least, do we recycle?

And always, questions about money: Are our budgets balanced and our financial forecasts realistic? Where does our current financial path lead? Is our cash flow sufficient? How sustainable are our finances?

As leaders, we need our institutions to be sustainable, both financially sustainable and environmentally sustainable.

However, in order for an institution to have a truly effective sustainability plan in place, we must expand our definitions of sustainability: sustainability cannot be solely about the green. We must take into account other assets and issues as well.

In articles published in Duke University’s Faith & Leadership blog, Laura Nichol and L. Gregory Jones offer compelling arguments for institutional strategy regarding long-term sustainability. In addition to financial capital, Nichol argues that three other forms of capital — network, service, and intellectual capital — are vital as well. Jones adds a fifth form of capital to Nichol's list: human capital.

If we use Nicol's and Jones' ideas as we consider our institution’s long-term sustainability, we must think beyond the green (financial capital), and consider the following as well:

  • Our personnel and our leadership (human capital)
  • Our networks and partners (network capital)
  • Our institution's intelligence and innovation (intellectual capital)
  • Our service and our programs (service capital)

These areas represent "capital assets" that a school brings to the table when sustainability is discussed. So make your sustainability plan green, but not just green. 

For more information:

If you are affiliated with an In Trust Center member institution, sign in and read this In Trust article from Summer 2007: "Sustainability and Theological Education."

For more information about sustainable design for institutions, see Duke University’s Faith & Leadership website, specifically "How to Design a Sustainable Institution," by L. Gregory Jones, and Laura Nicol's "Rethinking capital--it's more than money."

 

Image credit: Matt Forster
 

Top Topics

Roles & Responsibilities

Challenges

Opportunities

Board Essentials

Upcoming Events

The In Trust Center hosts learning community spaces throughout the year. Check out our upcoming events below.

Who's Next? Succession Planning for Boards

UPCOMING WEBINAR: OCT. 24, 1 PM (ET)

Planning for board officers vacancies should start well in advance with an intentional, smooth, and carefully designed transition plan.

Seminaries are people too: Mindsets that make or break institutional change

ON DEMAND:

Theological schools are launching innovative projects to reshape education, but many struggle to achieve transformational change despite strong grant funding. Human nature, organizational culture, and governance practices often hinder progress. In this webinar, Drs. Aaron Einfeld and David Rowe provide tools to identify/overcome hidden barriers to change, offer practical steps for institutional leadership to move their institutions forward

I See That Hand

ON DEMAND

Board members are typically recruited for their leadership, business acumen, and networks. Dr. Rebekah Basinger, project director of the In Trust Center’s Wise Stewards Initiative, will discuss how strategic questioning and interrogation skills are essential for effective board stewardship.

Can’t Find What You’re Looking For?

In Trust Center provides Resource Consulting to our members at no charge. Contact us today and let us guide you to the most helpful resources for your situation.

Contact Us