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ERIC Number: ED535356
Record Type: Non-Journal
Publication Date: 2011-Dec
Pages: 7
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: N/A
Performance Funding: From Idea to Action
National Center for Higher Education Management Systems (NJ1)
Performance funding--the linking of allocation of resources to accomplishment of certain desired outcomes--is an idea that is once again finding favor with policymakers. It has intuitive appeal; what's not to like about paying for results? While it is a notion that makes common sense to most decisionmakers, it is an idea with a very checkered past--it has been tried, found wanting, and with few exceptions abandoned. A review of past experiments suggests that it's not the idea that failed, but the design and implementation of the strategies that derived from the idea. This brief paper presents a set of first principles for putting in place an approach to performance funding that will help policymakers avoid many of the pitfalls that plagued prior efforts in this arena. The principles presented fall into two categories--those dealing with design of the system, and a separate set dealing with implementation. [This report was prepared for Complete College America.]
National Center for Higher Education Management Systems. 3035 Center Green Drive Suite 150, Boulder, CO 80301. Tel: 303-497-0301; Fax: 303-497-0338; e-mail: info@nchems.org; Web site: http://www.nchems.org
Publication Type: Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: National Center for Higher Education Management Systems (NCHEMS)