UCLA Finance Listening Exercise

Attendees at the chancellor’s Listening Exercise with UCLA Finance on May 28, 2025 expressed their appreciation for the discussion, especially during a time of change and uncertainty. There was interest in the chancellor’s vision for UCLA and an acknowledgement of the financially challenging environment.

Attendees expressed appreciation for the chancellor’s insights on how the university contributes to knowledge creation, retention, and transmission. They asked about the chancellor’s perspective regarding the potential impact of the 2028 Olympics on UCLA, as well as how best to navigate the evolving relationship between the federal government and higher education. Attendees were particularly interested in understanding the chancellor’s approach to addressing the university’s financial challenges, including the hiring freeze and the review of administrative functions.

The discussions emphasized the importance of fostering a more cohesive and integrated UCLA community, moving beyond a fragmented structure.

Themes

• Chancellor’s Vision: There was a strong interest in understanding the new chancellor’s vision for the university, particularly in light of current challenges. 
• Financial Structure: Concerns about the university’s financial stability were discussed, with a focus on structural problems, potential budget changes, and the impact of federal government policies.
• Federal Policy Changes: The evolving relationship between the university and the federal government was a topic of discussion; concerns about potential changes to funding and regulations were raised.
• We are One UCLA: The theme of “We are One UCLA” and notion of greater cohesion and integration across campus was explored and discussed, as well as the role Finance can play in bringing about greater unity on campus.   
• Knowledge Creation and Transmission: The university’s role in generating, preserving, and disseminating knowledge was examined, with a focus on its impact and value. 
• Hiring Freeze: The impact of the hiring freeze on various departments and initiatives was discussed.
• Academic Environment: Discussion focused on the feelings of fear  and uncertainty that many are currently feeling. 
• Olympic Games: The potential opportunities associated with the upcoming 2028 Olympics were discussed.  
• Strategic Planning: Past strategic planning efforts were discussed, as well as their relevance to current challenges. 
• Communication and Transparency: Discussion focused on the need to increase communication and transparency to address concerns and build trust.
• Collaboration and Partnerships: The importance of collaboration and partnerships within the university and with external stakeholders was emphasized.
• Innovation and Adaptability: The university’s need for innovation and adaptability in the face of changing circumstances was highlighted.