College Trustees Are Bringing A Business Focus To The Boardroom

The governing boards of colleges and universities are increasingly demanding that their presidents perform more like corporate chief executives, much to the chagrin of academics who say treating colleges as businesses doesn't fit the mission of higher education. Experts say the recent moves largely have been spurred by federal and state funding cuts. In addition to improving fundraising, universities are increasingly looking for ways to use resources efficiently, cut costs and develop new revenue sources. Read more at:
http://www.detroitnews.com/article/20120627/SCHOOLS/206270376#ixzz1z6YsPTIi