Tag: budgets
Now that the threats of the COVID-19 virus appear to be diminishing and campuses are returning to face-to-face instruction, it may be an opportune time to examine the budgeting models and policies that our campuses ...
At this point, we have considered the structural and functional features of RCM and some behaviors that must be avoided during its implementation. In this final installment, I will reveal some weaknesses that we have ...
In the first two parts of this series, I presented the structural features of Responsibility Centered Management (RCM), how money flowed throughout an RCM campus, and how campus costs were covered in this decentralized budgeting ...
In part one of this four-part series on Responsibility Centered Management (RCM), I presented the basic features of RCM, including the fact that no two versions of RCM are the same. Institutions have found ways ...
Part 1 of 4: Basic Structure and Money FlowResponsibility Centered Management (RCM) is a budgeting model that has been in existence for decades but more recently has become the preferred budgeting approach for an increasing ...
After the first two questions posed in a previous article on budgeting and finance, namely identifying the sources of academic income and how the department’s budget is established, have been answered, the new chair should ...
To provide some basic budgeting and finance information to new chairs with little or no experience in this area, in my June article I recommended some questions for them to ask their dean prior to ...
In the June 2018 issue of Academic Leader, I covered questions that new chairs may wish to ask their supervisor, presumably the dean. Armed with basic information on the sources of academic income available, how ...
Much has been written about academic department chairs who come into their administrative positions with no formal training and essentially must learn on the job. This oversight is particularly critical at this time, when the ...
Few appreciate how fundamentally different the fiscal future of colleges and universities in the United States will become. The 2017 tax law changes will increase pressures on higher education to deliver better outcomes for students ...
