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Documenting the Growth of Responsibility Center Management Budget Models in Public Higher Education

Robert Kelchen

One popular way of doing this is through responsibility center management (RCM) budget models, which base a portion of a unit’s budget on their ability to effectively generate and use resources. [1] This is notable because these are often included on consultants’ slide decks as successful moves to RCM.

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New Jersey City University Continues Financial Recovery After 2022 Fiscal Crisis

Diverse: Issues in Higher Education

And the school is even “conservatively forecasting” a “break-even balanced budget for fiscal year 2024,” according to NJCU President Andrés Acebo. Some roles and departments – such as the divisions of administration and finance or student affairs and enrollment management – were consolidated. And they did.

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Building the Dream Team: How to Form a Digital Transformation Committee for Your Institution

Creatrix Campus

There's a bigger picture here than just managing a project. Committees bring multiple viewpoints to address the full gamut of challenges: experience from information technology (IT), administration, faculty, and other departments. A Project Manager This individual manages the project daily.

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Elite private colleges may be the only financially healthy segment 3 years from now

University Business

While CARES Act funding largely kept schools afloat and even jumpstarted a renaissance at HBCUs, one global management consulting firm believes most higher ed is unprepared to deal with a post-pandemic landscape. Bain advises college leaders to innovate and discover long-lasting solutions outside their traditional networks.

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EAB Strategic Advisory Services Extends Breadth and Depth of Coverage

EAB

Contact your Strategic Leader to learn more or schedule an expert consultation. To learn more about EAB’s Market Insights suite reach out to your Strategic Leader and schedule an expert consultation. We aspire to be the trusted advisor and first place you turn when new opportunities or priorities emerge.

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Governance as a topic in Higher Education Studies

SRHE

The OED offers no more than “The act or manner of governing” and, misleadingly in respect to universities, defines a governing body as “the managers of the institution” ignoring the concept of ‘shared governance’ between governing bodies and senates implicit historically in the constitutions of most pre-1992 universities.

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The State of EdTech: OPMs, Risk Planning, and Generative AI: Changing Higher Ed Podcast 189 with host Dr. Drumm McNaughton and guest Phill Hill

The Change Leader, Inc.

This success story underscores the crucial role of technology in not only supporting administrative functions but also in driving institutional growth. This situation underscores the importance of having robust processes and skillsets in place to manage the challenges posed by these three mega-trends in the EdTech market.