Setting Priorities for Your Division
In This Issue Setting Priorities for Your Division Developing the Action Plan Funding Your Action Plan Strategies to Ensure Implementation Managing your division with excellence is going to require making very tough decisions. For example, perhaps you recognize the need to add an academic major in response to rising market demand. Yet your faculty and other resources are already operating at capacity, and you have limited funds for hiring additional faculty and limited space to allocate for the new courses. This scenario demands an honest and courageous look at whether your current resources are being invested in the best possible ways. As Michael Porter, a professor in the Harvard Business School, contends, it’s difficult to decide what to do and even more difficult to decide what not to do. But it’s most difficult to decide what to stop doing. “Just adding revenue streams isn’t enough. The public is increasingly skeptical as to whether colleges and universities use their resources in the most effective way. This will have a major impact on revenue growth in the coming years —- be it from net tuition, fundraising, or state appropriations. I can’t think of a more critical time for division heads to […]