Second Arrow Briefing

A monthly note on strategy, governance, and institutional renewal in higher education and social impact. Written for university leaders and senior decision-makers navigating volatility, reform, and constraint.

K. Rennie K. Rennie

Governance Drift in Periods of Financial Compression

When finances tighten, governance doesn’t hold the line—it expands. More reporting, more scrutiny, more control. But beneath this rational response lies a risk: that governance begins to substitute for strategy. This is how institutions drift—incrementally, and often unnoticed.

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