College of Charleston engaged Kennedy & Company to support its transition to a Responsibility Center Management Model (RCM). The institution had long considered the transition to a decentralized budget model and was compelled to begin the transition due to plateauing enrollments (particularly amongst non-resident students), declining state support, and a fixed cost base. In 2020, the College’s executive leadership team committed to beginning the transition to RCM based on their positive experience with the philosophy at previous institutions.
