College business officers should take advantage of the industry's market to prepare their institutions for an upcoming hard market. Steps to be taken include evaluating the insurance broker; meeting with the company underwriter; negotiating; considering a renewal contract; negotiating pooling mechanisms; lowering deductibles; and implementing…

Drawing on a study of Ohio's 2-year colleges involving an evaluation of their challenges and business practices, presents recommendations for streamlining operations, enhancing programs, taking advantage of positive partnerships, and more. Includes information on obtaining the full report. (EV)

Examines administrative processes in higher education institutions, focusing on the different core processes within an institution and the creation of structures to make them more efficient and productive. Proposes a framework of four process-related activities benchmarking, identifying best practices, redesign, and organization alignment to…

This article argues that nearly all college and university business and facilities officers can find utility efficiency projects on campus that have at least a 20 percent rate of return on investment, and successfully incorporate them into budgets. These projects are generally more successful when plant operations can retain some or all of the…

It is noted that federal deregulation of the electrical utility industry will allow colleges and universities to buy electrical services from suppliers who provide the best reliability and cost combination. Considerations are examined for the following options: purchasing an existing electrical substation, building a new substation, using on-site…

An effort to enhance quality and efficiency at the University of Florida was designed to produce quick results without involving many employees and focused on the accounts payable department. Flowcharting identified inefficiencies and pinpointed opportunities for improvement in labor-intensive processes, mailings, check registers, reports,…

Recent improvements in corporate credit card programs have allowed colleges and universities to let end users make their own small dollar purchases. This makes purchasing small items quicker and more convenient and eliminates purchasing department efforts, achieving significant operational savings. However, careful control of the system is…

Elements in the effort to make the annual Nova University (Florida) audit more time efficient included gaining agreement with the auditors for a specific closing date; coordinating efforts of various departments involved; identifying and eliminating major obstacles; streamlining procedures when needed; and continuous coordination and monitoring of…

A group of 17 independent colleges and universities in Virginia combine their long distance telephone traffic and network services for an expected savings of $4.65 million over 3 years. The 12-institution consortium that negotiated the plan prioritized service and system criteria and solicited bids from long distance carriers. (MSE)

At the 1994 annual meeting of the National Association of College and University Business Officers (NACUBO), presentations and discussions indicated that college business officers are responding to their institutions' financial difficulties with innovative ways to reorganize, save money, and generate revenue. (Author/MSE)

An organizational model for higher education institutions that follows the corporate model is proposed. It strives to eliminate overlapping responsibilities among vice presidents, minimize organizational conflict, and empower the deans and academic program directors to make decisions. The system is intended to refocus the institution on its…

The University of Nebraska Lincoln has developed a process for nonacademic program review based on the criteria used for the Malcolm Baldrige National Quality Award. This framework provides seven categories of specific criteria that can be applied in institutional self-study to determine the organization's ability to satisfy customers and remain…

Kent State University (Ohio) has focused on developing an organizational culture that expects and promotes quality. A college finance division statement, distributed to division staff, identifies its values and beliefs and emphasizes a culture in which planning, empowerment, and continuous improvement are key elements. (MSE)

Florida State University has implemented a financial aid delivery system that uses electronic fund transfer and an administrative voice message system to automatically notify the student of all financial aid transfers and provide detailed information on transactions. The system has streamlined the delivery process, and user response has been…

The University of California (Davis) has revamped its workers' compensation program by improving accountability and safety, implementing safety training, informing workers of the costs of the workers' compensation program, designating a physician and physical therapist, giving light duty to injured employees, using sports medicine techniques, and…