When Holden Thorp, the chancellor of the
University of North Carolina, was looking for ways to cut the university’s budget, he did what many executives in private industry do — hired a management consultant. The management consultants examined business functions but stayed away from academic issues like courseloads and tenure. For all its academic prominence, the 107-page report found, the university has plenty of inefficiencies. Still, some university employees criticize the hiring of Bain, or any outside corporate-oriented consulting firm, to advise on university budget cuts. Read more at:
http://www.nytimes.com/2009/11/15/education/15bain.html?partner=rss&emc=rss
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