Resource Allocation In Private Research Universities

This book explores the resource allocation process in contemporary private research universities through six richly detailed case studies. It includes an extensive discussion of historical approaches to university resource allocation. The cases are based on in-depth interviews with university presidents, provosts, deans financial officers, and department chairs. The evolution of university resource allocation systems is discussed in relation to institutional history, mission, culture, priorities, leadership, and prevailing financial condition.

Offers guidance for implementing reforms in the allocation of resources in colleges and universities

External drivers are pressing for a more privatized approach to higher education and research, a greater reliance on technology and the more efficient use of resources. This book analyzes recent changes in institutional governance and management in higher education and their impact on the academy and academic work. It draws on findings from an international study based on a survey of academics in eighteen countries. It opens with a chapter outlining the key issues, drivers and challenges that inform contemporary discourse around academic work and the profession in general. It then focuses on national case studies, comparing changes in the top tier with the lower tiers of national systems, public and private institutions, and other differentiating factors appropriate in each country, which include mature and emerging higher education systems. It concludes by proposing a series of generalizations about the contemporary status of governance and management of institutions of higher education.

"There is no truer text to the topic than Managing Successful Universities ... The second edition is a full revision in which globalisation, managing financial disjuncture and the enhancement of research performance all loom larger than before. Like its predecessor this book will be used throughout the English speaking world and beyond." Professor Simon Marginson, Centre for the Study of Higher Education, University of Melbourne "[This] is the manual par excellence for modern university leadership and management. In my role as a business school dean, it is by far the most useful single book I have ever read - and continue to read." Professor Mark Taylor, Dean, Warwick Business School, University of Warwick "When I began my career in university management, there was just one book on managing UK universities. Now there must be twenty or thirty but none is as comprehensive, authoritative, readable, and important as Shattock's Managing Successful Universities ... Read this valuable book and learn much from it!" David Palfreyman, Director of OXCHEPS and Bursar, New College, University of Oxford This bestselling book defines good management in a university context and how it can contribute to university success. Extensively updated to reflect political, financial and social developments since the first edition, it includes a new chapter on the management of teaching and research and gives in-depth coverage to managing retrenchment and the importance of human resource management. Drawing on the literature of management in the private sector as well as from higher education and on the experience of the author it emphasizes: The holistic characteristics of university management The need to be outward looking and entrepreneurial in management style, and The ways successful universities utilize the market to reinforce academic excellence

The ways that British universities allocate their resources are discussed, with attention to different styles, techniques, and decison-making structures. Since the purpose is to describe institutional models of resource allocation, specific universities are not identified by name. After identifying the sources of income and the breakdown of expenditures for United Kingdom universities, attention is directed to procedures for allocating funds for academic purposes, research, central services, premises, furniture and equipment, and central administration. The resource allocation mechanisms used by the government and the University Grants Committee (UGC) are also reviewed, along with the effect of these mechanisms on the universities. In describing the funding of universities since the early 1970s, consideration is given to the universities' adaptation to financial stringency and adjustments to cuts in UCG income that resulted from the July 1981 allocation letters. The market-oriented approach adopted by the Cranfield Institute of Technology is also addressed. Finally, resource allocation procedures in U.S. universities are described and compared to those in Britain, and implications for British practice are considered. (SW)