budgets
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 ...
College amenities have long been a topic of concern for college administrators as well as students and parents. What should college and university administrators know about such concerns as they examine policies and practices ...
One of the most difficult decisions for upper leadership in a university is how to apportion funds for capital improvements and new and ongoing academic programs. Often, the decision comes down to perceptions of what ...
Formulating strategic plans is a relatively common activity in higher education. Some institutions have strong traditions in this regard, and all levels periodically engage in this process. Others participate occasionally. Much depends on the interest ...
In lean financial times, colleges and universities need to ask themselves whether to take a conservative approach to new program development or to aggressively scan for growth markets, seeking opportunities to invest in the future. ...
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