New Governance and Finance Models and their Influence in University Strategy and Organisation

Dual Nature of Universities Collegiums / Corporations Public bodies / Private trusts Applied research / basic research National bodies / international reach Static / strategic Conservative / entrepreneurial

Institute of Education, University of London, 2006 Dichotomies Conservative and radical Critical and supportive Competitive and collegial Autonomous and accountable Private and public Excellent and equal Entrepreneurial and caring Certain and provisional Traditional and innovative Ceremonial and iconoclastic Local and international Values and the University, Prof Sir David Watson Institute of Education, University of London, 2006 The modern university is expected to be many contradictory things, simultaneously

Strategic Challenges: Overarching Issues The need for reform Size matters: concentration of excellence and playing to strengths Too many universities? Collaborations and mergers Good management and leadership Need to reduce bureaucracy and burdens on universities The student as consumer

Strategic Challenges: Internationalisation Drivers: Globalisation Increasing transfer of people, services, goods Nature of the academic enterprise Trans-national mapping of disciplines Competition Massive expansion underway Demand in China & India Where do our universities rank in international (US) terms?

Strategic Challenges: Internationalisation Features: Student recruitment & mobility Convergence at system level (Bologna implications) Staff recruitment & mobility Most highly cited League tables Reach of ‘brand’ reputation

Strategic Challenges: Funding and Finance Funding is a major issue: HE tuition in Europe is funded, per student, 10k less than in the USA Continue to develop alternative streams of income Build a fund-raising/development capacity Establish an endowment for the next generation Develop further financial aid possibilities Student fees debate Sustainable Universities (producing a surplus)

Strategic Challenges: Research and Teaching Research excellence: building on strengths European Research Council – a genuine rival to the US NSF in the government-commissioning of University R&D Higher Education and Business: Exchanging and developing knowledge and skills Teaching and learning: delivering excellence

Heads of Administration: Critical Attributes Leadership and partnership Of our staff, of the profession and partnership with academics Risk manager / taker Flexible, non-bureaucratic Don’t be part of the compliance culture Visible, not boardroom only Strategic Not operationally (detailed) focus Open to new ideas, cultures So we lead the academics too

Questions for discussion What is the impact of new policies in your university? University strategy and university governance (e.g.position of Deans / Research Centres) Internal resource allocation (steering with money) Centralisation / decentralisation of support services How does the external world (local government, industry) influence internal descision making)