This document addresses questions recognized as of great importance in the realm of college and university administration, questions of the governing boards responsibilities, and liabilities with respect to the management of risk within its educational community. Emphasis is placed on insurance and risk management, higher education and risk,…

The style of management in higher education has changed significantly in recent decades. The groups that have demanded, and in most cases been given, a share in the governance of the institution are the administration, the faculty, the students, and the non-faculty staff. The problem arises in implementing the claims for a share of authority. Some…

Management planning is a body of concepts and techniques designed to facilitate the analytical and forecasting processes within a department, to increase the decision-making prerogatives of the department director within predetermined guidelines, and to encourage and reinforce communication both among the departments and between the departments…

Business officers should function as members of institutional management teams whose responsibilities include devising more effective ways to collect, present, and evaluate business and financial information for governing boards and academic administrators. The challenge is to find ways to encourage institutional administrations to consider the…

The conflict surrounding the administrator's attitude toward change arises from the paradoxical positions that change is inherently good and necessary to avoid stagnation and, at the same time, the individual resists it unless he perceives a gain from the change. The propositions are equally true and can be reconciled, or at least understood, and…

The financial crunch hit the University of Minnesota after the 1971 legislative session, which appropriated for the 1971-72 and 1972-73 fiscal years and began an attempt at a new kind of budget planning process. It was a unique process in the institutional review of programs and in the setting of priorities for future growth and direction. There…

The business officer can contribute most to the managing of educational resources and can best provide input to the academic world by performing four tasks. The first task is assessing the general financial setting of the world and the country in which the institution exists. Secondly, in assessing and describing the economics of the institution…

In 1973, Ronald G. Lykins presented a model for cash management and analysed its benefits for Ohio University. This paper attempts to expand on the previous method by providing answers to questions raised by the Lykins methods by a series of simple algebraic formulas. Both methods are based on two premises: (1) all cash over which the business…

Administrators of higher education are facing a challenge and opportunity that parallels those faced by managers in American business. The economic situation presents a struggle to make ends meet as well as an opportunity to sharpen its role in society, to redefine its goals. Administrators in both fields are using management-by-objective theories…

Cost analysis for internal management of higher education institutions is of interest because of the steady state of higher education, concern over management practices, and the expectation that higher education institutions should be more responsive to social planning and public policy concerns and objectives. The nature of the institutions that…

Ohio Wesleyan University has demonstrated that a small private college can apply cost accounting to instructional activities. For more than six years, Ohio Wesleyan has calculated the unit cost of instruction per student and per credit until for each individual course section as well as the average unit costs for each academic discipline. Only…

In past decades the planning process in higher education was based on certainties and assumptions about the source of funds, enrollments and enrollment distribution, levels of expenditures, and faculty. Today, none of these certainties remain. The uncertainties of today involve declining enrollments after 1980, society's capacity to effectively…

The document includes excerpts of papers presented at the 1973 Annual Meeting of NACUBO on the theme Dynamics of Higher Education. Dynamics was generally viewed either as a mix of problems colleges and universities were, are, or would be facing, or as a process by which current issues are being dealt with on campus. In each case, dynamics was…

A management data base is seen as essential for a management information system, program budgeting, program costing, management by objectives, program evaluation, productivity measures, and accountability in institutions of higher education. The necessity of a management data base is addressed, along with the benefits and limitations it may have…