ERIC Number: ED136640
Record Type: RIE
Publication Date: 1976-Sep
Reference Count: 0
Business---Education: Parallels in Management.
Speer, Edgar B.
NACUBO Professional File, v8 n6 Sep 1976
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 to approach the problems. Since the author is chief executive of U.S. Steel Corporation, the parallels are drawn with the steel industry in particular. Substantial contributions to efficiency and cost reductions have been made in industry for a number of years through programs that are designed to encourage total employee participation. U.S. Steel, in cooperation with NACUBO, has established a Cost Reduction Incentive Award Program to tap the ideas of people on campus. The ideas are then shared with other institutions through the facilities of NACUBO. (JMF)
Descriptors: Accountability, Administration, Business, Costs, Educational Administration, Educational Economics, Educational Finance, Financial Policy, Higher Education, Industry, Management by Objectives, Management Systems, School Business Relationship
National Association of Coll. and Univ. Business Officers, One Dupont Circle, Suite 510, Washington, D.C. 20036 (1-10 copies, free, 11 or more, $0.15 ea.)
Publication Type: Journal Articles
Education Level: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.