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ERIC Number: EJ930882
Record Type: Journal
Publication Date: 2004-Nov
Pages: 9
Abstractor: As Provided
Reference Count: 0
ISBN: N/A
ISSN: ISSN-1744-6503
The Vulnerability Framework Integrates Various Models of Generating Surplus Revenue
Maniaci, Vincent
International Journal of Educational Advancement, v5 n1 p76-84 Nov 2004
Budgets operationalize the strategic planning process, and institutions must have surplus revenue to be able to cope with future operations. There are three approaches to generate surplus revenue: increased revenue, decreased cost, and reallocation of resources. Extending their earlier work, where they established strategic benchmarks for annual funds and endowment payout, the authors demonstrate how each of the surplus revenue-generating approaches can be combined into an integrated vulnerability model. This integrated vulnerability model provide a taxonomy for institutions to identify appropriate environments in which to emphasize one or more of the surplus generating approaches, which in turn should improve the institution's strategic planning process.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A