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Business Models

May 2020 Meeting

5/21/2020

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We gathered via Zoom to do a few things:
  1. Share info about the latest news from the state regarding reopening;
  2. Visualize how school will look different as we reopen;
  3. Explore financial implications for each of these changes.

A few key conversation threads:

  • It is expected that the governor will allow all of Illinois to advance to phase 3 by end of month. Not yet clear what this will mean for EC. Expecting to reopen as individual pods of children, with multiple pods per school. Perhaps we will be looking at groups of ten (unclear if including teachers or in addition to teachers.)
  • Amy Gudgeon is available to work with schools to assist in financial scenario planning (agudgeon@studiowatershed.com
).
  • What will schools have to eventually pay for the unemployment pay received by employees furloughed or laid off--especially if your org has never paid into unemployment?
  • On the lobbying/advocacy front: What do we wish to communicate regarding group size? How will the government compensate schools for the costs incurred during this period?
  • Unknowns about what actually demand will be.
  • For Jewish ECE to continue to exist in Chicagoland, we will need $$ to survive reopening. Looking at increased costs of, for example, $20-25k per month in a 200-person school. How would/should/might the community prioritize investment at this time?
  • We think we can succeed in holding on to some of our current families. Bringing in new families and attracting new families will have challenges. How to rethink marketing to and onboarding of families in this arena.
  • Visualizing how room set up will look.
  • Who will wear masks? What kind do we need and how will we get them?
  • Great webinar on legal issues; let’s set one up that is specific to Illinois law.
  • On Thursday, May 21, you are all invited to meet with JUF's voice in Springfield, Amy Zimmerman, who will join us to listen and understand what are the realities facing EC leaders on the ground.

Meeting participants included Anna Hartman, Jenna Turner, Amy Gudgeon, Michael Halpern, Shelli Patt, Alan Brown, Bonnie Neubauer, Cherene Radis, Elizabeth Foster, Janet Sear, Jean Losek, Lisa Spewak, Lorrie Appleby, Michael McCarthy, Ray Sherman, Roger Wolf, Saralyn Peritz, Sasha Kopp, Scott Aaron, Shelli Patt, Susie Wexler, Turhan Karabey, and Zahava Berman.
slidedeck.pptx
File Size: 268 kb
File Type: pptx
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financial_modeling_for_covid_reopening.xlsx
File Size: 16 kb
File Type: xlsx
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  • Home
  • What is the EC Collaborative
  • Parent Satisfaction & Marketing & Awareness
  • Business Models
  • Staff Retention
  • Culture of Excellence
  • Staff Recruitment