ERIC Number: EJ873949
Record Type: Journal
Publication Date: 2005
Profits in a Non-Profit World: Celebrating Entrepreneurship in the Community College
Roueche, John E.; Jones, Barbara R.
Community College Journal, v75 n6 p26-30 Jun-Jul 2005
Community colleges have a natural aptitude for entrepreneurship and are best positioned to take advantage of emerging opportunities. The unique challenges of this new millennium--perhaps at the top of the list, declining state support and increasing student enrollment--prompt college leaders to embrace the critical need for creative and innovative practices, fine-tune strategic plans, transform institutional programs and services, optimize current resources, and generate new dollars to fund growth and support current operations. Interested in how this was accomplished, and the extent to which entrepreneurial strategies have been implemented successfully at two-year colleges, the authors set out to study what they perceive as a growing phenomenon--entrepreneurship in community colleges across North America. For each college they examined, entrepreneurship began with a vision, a desire to fulfill the mission of the college. The authors discovered a profound interest in entrepreneurship among community college leaders. Faced with tough decisions, two of the most critical being reductions in workforce and elimination of programs and services, leaders were focused on identifying reasonable, preventive solutions. The most successful leaders were choosing to venture deep into unexplored areas--encouraged by the idea that within a non-profit world, profits (both tangible and intangible) are indeed possible. Drawing from the results of their study, the authors offer three fundamental lessons learned from successful entrepreneurial community colleges and their leaders--lessons focused on strategies, relationships, and leadership. The authors conclude that entrepreneurial colleges succeed when strategies, relationships, and leadership merge to create a culture that inspires and sustains innovation.
Descriptors: Institutional Mission, Administrator Attitudes, Strategic Planning, Community Colleges, Entrepreneurship, Leadership, Innovation, Educational Change, Foreign Countries, Free Enterprise System, College Role, Leadership Responsibility
American Association of Community Colleges. One Dupont Circle NW Suite 410, Washington, DC 20036. Tel: 202-728-0200; Fax: 202-833-2467; Web site: http://www.aacc.nche.edu/bookstore
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Two Year Colleges
Authoring Institution: N/A
Identifiers - Location: Canada; North America; United States