Despite ambiguous results of corporate restructuring efforts, higher education has adopted many of the methods used in hostile corporate takeovers and leveraged buyouts, affecting "ownership" of the educational process by faculty and the relationship between faculty and administration. A common element in successful restructuring is the…

Examines three assumptions that underlie the argument that shared governance must be reformed, and based on the professional literature and experience, counters them. The assumptions are that the bureaucracy appropriate for industry is appropriate for a higher education institution, democratic decision making undermines effective college and…