In this episode of Connecting the Dots, I sit down with Dr. Nancy Swanger, Founding Director of the Granger Cobb Institute for the Business of Aging at Washington State University, to talk about what it takes to prepare the next generation of senior living leaders. Nancy shares the origin story of the Institute, which began through a collaboration between Washington State University and senior living industry leaders who saw a natural connection between hospitality, business education, and aging services. She explains why the “business of aging” extends beyond traditional senior living and into the broader ecosystem of organizations, vendors, operators, and professionals serving an aging population. The conversation also explores the Institute’s professional development certificate program, how it supports workforce development, and why senior living needs more people who understand both the heart of the work and the business fundamentals required to lead well. At the center of the conversation is a powerful reminder: technical skills can be taught, but caring has to come first. Guest Bio: Dr. Nancy Swanger is the Founding Director of the Granger Cobb Institute for the Business of Aging at Washington State University. Through the Institute, Nancy helps connect hospitality education, business fundamentals, and senior living industry expertise to prepare students and professionals for meaningful careers in aging services. Her work focuses on workforce development, leadership education, and expanding awareness of the many career pathways available in the business of aging. Episode Highlights: 02:44 — The origin of the Granger Cobb InstituteNancy shares how the Institute began with industry leaders who saw an opportunity to connect hospitality education, business fundamentals, and senior living. 04:43 — What “the business of aging” really meansNancy explains why the field goes beyond senior living alone, touching adjacent businesses, congregate living, hospitality, and aging services. 06:33 — Why the professional development certificate was createdNancy discusses the workforce gap the program was built to address, especially for emerging leaders already in the industry and professionals transitioning from other fields. 09:12 — An industry-driven approach to educationNancy emphasizes that the curriculum was shaped by senior living professionals, not just academics, so learners receive practical, real-world knowledge. 11:18 — What changed in version 2.0 of the certificate programThe program has expanded from 7 to 14 modules, adding topics like AI in seniors housing, navigating resident loss, dining experience, and more flexible credential options. 14:33 — Why financial literacy matters in senior livingNancy and Matt discuss why every leader needs to understand the numbers, including the idea that there is “no margin, no mission.” 16:06 — Who the program is designed forNancy outlines the ideal audience: emerging leaders in senior living, middle-management professionals, and people with transferable skills from industries like hospitality. 17:56 — The heart and mindset senior living leaders needNancy explains why relationship-building, empathy, work ethic, and genuine care are essential in serving an aging population. 20:22 — Building the future of aging services leadershipNancy looks ahead to how universities, operators, and hospitality programs can work together to attract more people into careers in senior living and aging services. Shoutout to our sponsor, Parasol Alliance, a Senior Living IT MSP