The New Balancing Act In The Business Of Higher Education

. . . the stature of the authors, who include prominent university presidents and chancellors as well as leading researchers on the business of higher education, makes this a worthwhile read. Not to be missed are the chapters on how three Virginia universities are redefining what it means to be a public university, and an interesting and provocative look at the looming financial crisis in higher education and how it can best be addressed. Highly recommended. F. Galloway, Choice The New Balancing Act in the Business of Higher Education is a must read for higher education leaders. It captures the major challenges of balancing enhancement of revenues to sustain mission and core values with containing costs to keep tuition for students affordable. At the same time, given the changing nature of the faculty, colleges and universities must respond by developing more flexibility within faculty careers. And presidents must lead their institutions through transformative changes that require trust and credibility among the stakeholders. Now is the time for strong, collaborative and decisive leadership. Claire Van Ummersen, Vice President and Director, American Council on Education, US This volume is an important read for those responsible for working through an environment in which change is the one true constant. Richard D. Legon, President, State Higher Education Executive Officers, US The New Balancing Act in the Business of Higher Education clearly indicates the world s finest system of higher education (as we have so long claimed) is undergoing an identity crisis. Stan Ikenberry begins by pointing with alarm to an eroding social compact , the once well-understood reciprocal responsibilities between higher education and society. Then other leaders, in a series of thoughtful essays, outline the dimensions of our situation. They warn of the risks of pursuing new revenues without a firm grasp on core values, and explore the challenges of rebuilding trust, the centrality (and growing marginalization) of faculty academic leadership, the pernicious effects of inertia, the urgency of innovation and change, and the evidence of successful leadership and adaptation. Global forces have made success in higher education indispensable to almost all of the American people. Without compromising on quality, the nation needs substantially more widespread educational attainment. We are in a crisis; business as usual is entirely unacceptable. The New Balancing Act in the Business of Higher Education is a step beyond denial, toward essential change. Paul E. Lingenfelter, State Higher Education Executive Officers, US The nation s leadership in higher education is on the line, and colleges and universities need tools and insights to remain competitive. The New Balancing Act in the Business of Higher Education should be part of their toolkit. Travis Reindl, Director of State Policy Analysis and Assistant to the President, American Association of State Colleges and Universities, US In The New Balancing Act in the Business of Higher Education, senior insiders and noted scholars assess the economic conditions facing America s universities and colleges in the 21st century. The picture they paint is not bright. In forthright and unflinching but far from despondent language, the authors consider many important issues that must be addressed even as they are often (wishfully) overlooked: stagnating college enrollment rates; the need for cost containment and systemic reorganization; institutional inertia; contingent and contract faculty; and the decline in state funding. This volume is full of useful insights and clear interpretations to aid policymakers and scholars in shaping a more optimistic future for higher education in the US. Clive R. Belfield, Queens College, City University of New York, US This volume, part of the TIAA-CREF Institute Series on Higher Education, is based on a national conference, The New Balancing Act in the Business of Hig

This is a compelling and important text that presents both the complexity and the barriers confronting higher education in this global moment. Solutions will prize innovation, resilient leadership unifying diverse campus subcultures, and most certainly intellectual and academic integrity. This text begins to outline the new agenda. Richard Guarasci, Wagner College, US In Transformational Change in Higher Education, the TIAA-CREF Institute has brought together some of today s best minds to address the issues that every educational leader and policy maker should be thinking about. The topics range from financing to competition to financial aid to costs and pricing to faculty turnover to accountability to the roles presidents and boards must play. Lessons in transformation are provided by respected leaders from all segments of higher education. George R. Boggs, American Association of Community Colleges, US This is essential reading for everyone who cares about the future of higher education and is a priceless reference for those who are its leaders. The conversations not only cover each issue from a national perspective but also consider the specific strategies that have been employed by individual institutions to address it. Thus the volume is at the same time both reflective and practical. Sharon P. Smith, University of Pittsburgh at Greensburg, US This volume delves into the financing of institutional operations with entrepreneurial leaders and is a useful addition to any university administrator s reading list if they are struggling with modern financial challenges. David W. Pershing, University of Utah, US The volume, part of the TIAA-CREF Institute Series on Higher Education, is based on a national conference, Transformational Change in Higher Education: Positioning Your Institution for Future Success, which was convened by the TIAA-CREF Institute in November 2006. This unique volume discusses the management of transformational change in higher education as a key element of success. With input from researchers, presidents, provosts, and other senior leaders of the higher education community, this edited volume explores transformational change in a range of institutions from small teaching and community colleges to large comprehensive research universities. The role of entrepreneurial leaders and their interactions with trustees, policymakers and the public, are discussed, as are strategic issues such as financing college and university operations and student access, as related to pricing. The editors maintain that managing change in these areas impacts both an institution s balance sheet and ultimate success in realizing its vision. In this book, higher education presidents, chancellors, provosts, CFOs and governing boards will find new and actionable information to enhance decision-making and inform strategic planning. Association leadership will be provided with a deeper understanding of the challenges faced by their membership and possible responses. Researchers and practitioners in education, public policy, business, management and entrepreneurship interested in the business of higher education will find much of value.

A former chancellor and a lineup of stellar educators offer plans and ideas for making education work better for everyone. College is too expensive for too many. Politicians call for more financial support, but approve less. Underpaid, overworked adjuncts teach vastly more than the star faculty members who drew students to campus. Departments and administrations focus more on protecting their territories than on pedagogy or even management. Technology is extolled and resisted, hyped as the force that will utterly transform or deform education. It seems clear that the American system of higher education is broken. In a series of essays collected and edited by Matthew Goldstein, credited with reviving the vast City University of New York, and George Otte, Director of Academic Technology at CUNY, well-respected and innovative educators offer solutions to the fiscal, administrative, pedagogical, technical, and political problems. Among the solutions: * Break the centuries-old models of brick and mortar education and replace it with online, peer-led, and adaptive learning * Re-envision governance so even reluctant faculty and administrators can once again become invested in education rather than self-interest * Find innovative ways of promoting the changes American education so desperately needs, including figuring out when and where students are most likely to learn With essays from such thought leaders as Cathy N. Davidson, Candace Thille, Ray Schroeder, James Hilton, and Jonathan R. Cole, Change We Must is a must-read for anyone wanting American higher education to succeed and thrive in these challenging times.

This book examines the many ways in which economic concepts, theories and models can be used to examine issues in higher education. The topics explored in the book include how students make college-going decisions, the payoffs to students and society from going to college, markets for higher education services, demand and supply in markets for higher education, why and how state and federal governments intervene in higher education markets, college and university revenues and expenditures, how institutions use net-pricing strategies and non-price product-differentiation strategies to pursue their goals and to compete in higher education markets, as well as issues related to faculty labor markets. The book is written for both economists and non-economists who study higher education issues and provides readers with background information and thorough explanations and illustrations of key economic concepts. In addition to reviewing the contributions economists have made to the study of higher education, it also examines recent research in each of the major topical areas. The book is policy-focused and each chapter analyses how contemporary higher education policies affect the behaviour of students, faculty and/or institutions of higher education. "Toutkoushian and Paulsen attempted a daunting task: to write a book on the economics of higher education for non-economists that is also useful to economists. A book that could be used for reference and as a textbook for higher education classes in economics, finance, and policy. They accomplish this tough balancing act with stunning success in a large volume that will serve as the go-to place for anyone interested in the history and current thinking on the economics of higher education.” William E. Becker, Jr., Professor Emeritus of Economics, Indiana University

"This book examines relevant cases that demonstrate how principles of learning design and human performance technology have been employed within organizations. It also addresses business problems, quality improvement initiatives, and business opportunities"--

Tertiary Education for the Knowledge Society provides a thorough international investigation of tertiary education policy across its many facets – governance, funding, quality assurance, equity, research and innovation, academic career, links to the labour market and internationalisation.

Effective socialization of new student affairs professionals is essential—both for the individual success of these practitioners, and for the work of a college or university that promotes student learning. It enables new professionals to manage the important personal and professional transitions they experience throughout their careers, engage in continuous professional development, and achieve high levels of productivity. It also counteracts the high attrition rate among new hires, with all the attendant costs to the institution in terms of resources spent on recruiting, hiring, training, supervising, and developing staff talent.The socialization process for new professionals includes formal and informal elements that influence both success and quality of work life. This process is far more complex than a single orientation program organized by a unit or division. Rather, it is a comprehensive process where both the new professional and organization learn about and from each other in ways that influence working relationships and individual and organizational outcomes.Part I of this book defines the concept, explains its value, and offers a model of socialization. Part II examines the institutional context in which the socialization of new professionals occurs, and describes how different institutional types influence the socialization process. It considers the changing characteristics of college students, and how these impact the work of student affairs.In addressing the extra-institutional and professional contexts, Part III considers the role that graduate education plays in preparing new professionals for work in student affairs, and offers guidance to faculty and practitioners involved in graduate education about what they can do to introduce graduate students to professional life. It addresses the importance of professional orientation activities, the roles of supervision and mentorship, as well as the impact of peers and institutions on the socialization process. It concludes with a discussion of the role and importance of professional associations.This book is intended for graduate program faculty, for senior student affairs officers concerned about developing and retaining the new staff, and for administrators and leaders in student affairs shaping the future of the profession. For new professionals themselves it offers insights on the path to professionalization.

While governments around the world struggle to maintain service levels amid fiscal crises, social innovators are improving citizen outcomes by changing the system from within. The authors offer compelling stories, lively illustrations, and insightful interpretations on how innovators, social entrepreneurs, and change agents are dealing effectively with powerful opponents, bureaucratic hurdles, and the challenges of securing resources and support.

Conflicts between faculty and administration have become particularly virulent and disruptive in recent years, as institutions have struggled to adapt to intensifying pressures for efficiency and accountability. Analyzing common sources of conflict and challenges on campus that impede attempts to address these conflicts, Bridging the Divide between Faculty and Administration provides a theory-driven and research-based approach for authentic discourse between faculty and administration. This important resource presents a wealth of strategies for improving communication in colleges and universities, ultimately enhancing organizational effectiveness and institutional performance. Special Features: End-of-chapter "Implications for Practice" provide practical tips and advice for faculty and administrators to use in their own contexts. Analysis of actual conflicts based on extensive interviews with administrators and faculty across a variety of college and university settings. Exploration of creative ways for faculty and administrators to work across differences in their belief systems and to address the underlying sources of conflict.