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ERIC Number: EJ883905
Record Type: Journal
Publication Date: 2009
Pages: 4
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-1068-1027
Triumph in Tough Times
Ponder, Anne
Trusteeship, v17 n2 p20-23 Mar-Apr 2009
The downturn in the economy of the author's state, North Carolina, so far is less severe than that of much of the rest of the nation, due to their diversified economy, financial discipline, constitutional mandate for a balanced budget, "rainy day" fund, and many years of consistent investment in higher education. In the University of North Carolina system, they have learned how to manage for the good times, the bad times, and the truly unimaginable. In this article, the author shares some steps taken by her university to respond to these tough times. The author mentions that in difficult economic times, a strategic plan can help a campus identify those undertakings that are less central, and therefore less eligible for continued investment. She stresses that communication is crucial to making the best decisions during such times, as well as avoiding any unintentional use of the "panic button."
Association of Governing Boards of Universities and Colleges. 1 Dupont Circle Suite 400, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site: http://www.agb.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: North Carolina