Articles: Asset & Investments

While most auxiliary service departments look for opportunities to bring in more money as a means of funding their operations, examining ways to reduce expenses can work just as well.

an arrow holding a dollar bill on a dartboard

As the name reveals, auxiliary services will never be directly related to the core mission of colleges and universities. But as ever-tightening resources have become the reality for institutions, the revenue-generating possibilities for these departments have become more important than ever.

In light of the current economic conditions and the decreased value of most endowments, many organizations are re-examining their investment strategies. Often overlooked: Spending policies must have not just the proper annual spending amount but also be adequately defined. 

Steve Jobs once opined, “It’s more fun to be a pirate than to join the Navy.” Today, this classic metaphor provides us with a cogent expression of Jobs’ counter-intuitive resistance to the temptation of conformity, and his passionate desire to explore uncharted territory and discover unfound trea

Proposals are in from institutions vying to build a tech campus in the “city that never sleeps” as part of the “Applied Sciences NYC” initiative. It’s the beginning of an effort to bring New York City to the forefront of technology start-ups and innovation.

Leaders from 16 community colleges around the country gathered at the White House in September to participate in a roundtable discussion on the role community colleges play in America.

Institutions should invest as much effort in “getting to their data” as they do in choosing and installing a business intelligence tool, says Daryl Orts, vice president of engineering technologies at Noetix.

Have you noticed colleagues on campus talking more about business intelligence lately? Considering how much these tools have evolved recently, it wouldn’t be surprising.

Henry Ford brought efficiency to the forefront of American business with his assembly line, which introduced automobiles to the masses.

Navigating through the numerous obstacles of a property insurance claim can be a daunting task, especially in an environment as complex and regulated as a college or university campus.

There has been a rash of major embezzlement cases cropping up like a pox at institutions of higher learning all around the country. While employee theft occurs daily at all types of organizations, we have tracked a disproportionate number of significant misappropriations at U.S.

You can’t just toss an old computer into the corner trash can when it has outlived its usefulness.

Doing more with less is the new normal in higher education. And as college and university administrators work to increase efficiencies, the areas of planning and assessment have grown in importance as strategic tools to manage resources.

Thomas Edison, America's most prolific inventor, once explained his passion for innovation by saying, "There's always a better way." That's the spirit, if not the directive, for the campus departments profiled in the first round of 2011 Models of Efficiency honorees.

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