The National Association of College and University Business Officers (NACUBO) has a valuable site with a host of information for CFOs, CBOs or anyone interested in the financial operations in HE. A cost reduction strategy page on the NACUBO was constructed by the Comprehensive and Doctoral Institutions Council. It lists cost saving strategies for each of the following categories: IT, Education and Research, Personnel, Benefits, Finance and Facilities. There are some things that would be easy to implement like keeping pcs for a year longer than usual and increasing general faculty workload. Other things seemed far more complicated like suspend or close: all undergraduate minors; graduate and undergraduate special-emphasis programs; up to 25 percent of all undergraduate majors; nonprofessional master's/doctoral programs that are not signature programs or not ranked among the top 50 in the nation.
Overall the site had some great ideas to consider.
http://www.nacubo.org/Membership_and_Community/Comprehensive_and_Doctoral_Institutions/CDIC_Cost_Reduction_Strategies.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment