The new edition of Business Practices in Higher Education offers aspiring higher education and student affairs professionals an understanding of the fundamental business practices of colleges and universities. The authors apply business concepts and models and explain how they can be leveraged to improve the overall efficiency and effectiveness of higher education institutions. Useful examples from a wide range of institutions—including small privates, large publics, and community colleges—address macro-level higher education and student population issues, while also addressing micro-level issues for individual institutions or students. Business practices are critical to the academic, student affairs, and administrative sides of higher education. This book helps readers understand the true nature of higher education and appreciate how the academy effectively incorporates business practices into everyday work lives.
New in this edition:
Part 1 Environment and Structure
1 Today’s Environment
2 Organizational and Administrative Structures
Part 2 Finance and Funding
3 Economic Principles
6 Budget Basics
Part 3 People and Processes
7 Management Principles
8 Strategic Planning
9 Managing Human Resources: Recruitment, Selection, and Retention of Competent Staff
10 Marketing Basics
Part 4 Perspectives on the Future
12 Where do we go from here? What is next?