Effects Of An Incentive Based Budgeting System On Institutional Performance Indicators

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Effects of an Incentive Based Budgeting System on Institutional Performance Indicators

Author : Michael S. Willett
Publisher :
ISBN 13 :
Total Pages : 170 pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis Effects of an Incentive Based Budgeting System on Institutional Performance Indicators by : Michael S. Willett

Download or read book Effects of an Incentive Based Budgeting System on Institutional Performance Indicators written by Michael S. Willett and published by . This book was released on with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this exploratory longitudinal case study was to examine how the implementation of an Incentive Based Budgeting (IBB) system (i.e., Responsibility-Centered Management [RCM]) affected selected institutional performance indicators at the campus level and two comparable schools at a large Mid-Western public University. The value of addressing this problem was in applying the theory that an IBB system can lead to measurable changes in outcomes. The theoretical constructs that guide RCM, and that are consistent with experiences within an RCM environment, drive the outcomes from its implementation. These outcomes can lead to modifications in the implementation of RCM, or the perceived expectations of RCM, providing useful information to budget administrators. Performance indicators identified by the literature were referenced with measurable IBB outcomes. Longitudinal performance data were analyzed over a 23-year period at the flagship campus and two comparable schools within the campus system. Analysis of the data revealed significant differences between multiple pre- and post- RCM performance indicators as well as significant trending for other selected performance indicators. The main findings suggest that in most instances the application of the RCM model produced the expected results to address student needs and services. RCM had a significant measurable effect at the campus level illustrated by increases in financial assistance per student, increased funds for quality instruction and decreased teaching loads. Findings for the two comparable schools examined indicates that the application of the RCM model impacted the schools in similar ways with the exception of a significant difference between post- RCM performance indicators for total credit hours and total operating expense. These findings indicate that RCM facilitated increased total credit hour growth as well as total operating expenses post- RCM implementation for one of the schools. These differences were attributable to a shift in market interest impacting both schools. The implications of this study are important for higher education budget administrators that implement, or are considering implementing, an IBB system. These findings should be of interest to administrators when considering the selection and use of measurable institutional performance indicators as a means for assessing outcomes or in institutional decision-making.

Incentive-based Budgeting Systems in Public Universities

Author : Douglas M. Priest
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Incentive-based Budgeting Systems in Public Universities by : Douglas M. Priest

Download or read book Incentive-based Budgeting Systems in Public Universities written by Douglas M. Priest and published by Edward Elgar Publishing. This book was released on 2002 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial incentives play an important role in the behaviour of public institutions of higher education. This title examines alternative uses of these financial incentives, and reviews the consequences of their implementation. The book explores areas including: faculty behaviour in an incentive-based environment; effects on teaching; evaluation of decentralized approaches to budgeting; efficiency implications at the state level; and the ramifications of revenue flux on institutional behaviour. Case studies from the University of Toronto, the University of Michigan and Indiana University are also presented, and the volume concludes with recommendations regarding possible implementation strategies.

Funding Public Colleges and Universities for Performance

Author : Joseph C. Burke
Publisher : Rockefeller Institute Press
ISBN 13 : 143843636X
Total Pages : 354 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis Funding Public Colleges and Universities for Performance by : Joseph C. Burke

Download or read book Funding Public Colleges and Universities for Performance written by Joseph C. Burke and published by Rockefeller Institute Press. This book was released on 2002-10-10 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive study of performance funding of public colleges and universities, which directly ties some state allocations to institutional results on designated indicators. The book examines performance funding as a national phenomenon, identifying the champions and critics of the program, the arguments for and against its adoption, the most common performance measures used for funding, the characteristics that separate stable from unstable initiatives, and the inherent possibilities and problems. The authors include case studies of performance funding in Tennessee, Missouri, Florida, Ohio, and South Carolina, and explore the reasons why Arkansas, Colorado, Kentucky, and Minnesota first adopted and later abandoned their programs. They examine problems with performance funding, such as the reluctance of the academic community to agree on reasonable goals for undergraduate education or the failure to apply performance funding to the academic departments that are mostly responsible for institutional results on many of the performance indicators. The contributors conclude that although the future of performance funding remains cloudy, one aspect is becoming clear—taxpayers are unlikely to continue to accept the proposition that performance should count in all endeavors except state funding for higher education. Contributors include E. Grady Brogue, Joseph C. Burke, Juan C. Copa, Patrick Dallet, Terri Lessard, Gary Moden, Dr. Robert B. Stein, Michael Williford, and David J. Wright.

Incentives and Performance

Author : Isabell M. Welpe
Publisher : Springer
ISBN 13 : 3319097857
Total Pages : 493 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Incentives and Performance by : Isabell M. Welpe

Download or read book Incentives and Performance written by Isabell M. Welpe and published by Springer. This book was released on 2014-11-07 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to the current discussion in society, politics and higher education on innovation capacity and the financial and non-financial incentives for researchers. The expert contributions in the book deal with implementation of incentive systems at higher education institutions in order to foster innovation. On the other hand, the book also discusses the extent to which governance structures from economy can be transferred to universities and how scientific performance can be measured and evaluated. This book is essential for decision-makers in knowledge-intensive organizations and higher-educational institutions dealing with the topic of performance management.

Performance Budgeting

Author : M. Robinson
Publisher : Springer
ISBN 13 : 1137001526
Total Pages : 544 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis Performance Budgeting by : M. Robinson

Download or read book Performance Budgeting written by M. Robinson and published by Springer. This book was released on 2007-08-30 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the theory and practice of performance budgeting, which aims make government more effective by linking the funding of government agencies to the results they deliver. Combining thematic studies and case studies, it clearly presents the diverse range of contemporary performance budgeting models and examines their effectiveness.

Budgeting and Organizational Culture

Author : Osman Cekic
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783838347370
Total Pages : 148 pages
Book Rating : 4.3/5 (473 download)

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Book Synopsis Budgeting and Organizational Culture by : Osman Cekic

Download or read book Budgeting and Organizational Culture written by Osman Cekic and published by LAP Lambert Academic Publishing. This book was released on 2010-04 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, public higher education institutions have increasingly turned their attention to incentive based budgeting models as internal resource allocation models. However, these models have been criticized for bringing market forces, competitiveness, and business-like perceptions into the higher education environment. In recent years, the literature on incentive budgeting systems has grown; mostly, through institutional case studies. However, most of these studies focused on the formal structures and on the financial outcomes. The literature lacks any exploration of the effects that such changes have on an organization s culture. However, incentive based budgeting systems involve more than simply formulas. They also bring a new frame of mind into higher education organizations. Decentralization of the decision-making process is one such change that is attached to incentive based budgeting systems. Thus, incentive based budgeting models affect the whole institution, its formal and informal structures as well as its culture. This study focuses on responsibility center management (RCM) and its perceived effects on the culture of decision-making at a higher education institution.

Performance Management and Budgeting

Author : F Stevens Redburn
Publisher : Routledge
ISBN 13 : 1317462947
Total Pages : 410 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Performance Management and Budgeting by : F Stevens Redburn

Download or read book Performance Management and Budgeting written by F Stevens Redburn and published by Routledge. This book was released on 2015-01-28 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a fresh look at the process by which governments hold themselves accountable to their citizens for performance. Unlike the plethora of other books in the field, it examines all aspects of the Performance Management and Budgeting issue, not only from the federal, state, and local perspectives, but also internationally in both developing and developed countries.Covering both conceptual and theoretical frameworks in performance management and budget, the book analyzes the effectiveness of different approaches. Featuring insights from a group of distinguished contributors, it ties current performance management approaches into the century-old literature on public sector reform and management, and presents arguments for and against performance management as well as recommendations on how to improve the enterprise.

The Impact of Performance Budgeting on Public Spending in Germany's Laender

Author : Christiane Lorenz
Publisher : Springer Science & Business Media
ISBN 13 : 3834934836
Total Pages : 152 pages
Book Rating : 4.8/5 (349 download)

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Book Synopsis The Impact of Performance Budgeting on Public Spending in Germany's Laender by : Christiane Lorenz

Download or read book The Impact of Performance Budgeting on Public Spending in Germany's Laender written by Christiane Lorenz and published by Springer Science & Business Media. This book was released on 2012-02-02 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Derived from the international literature on experiences with performance budgeting five elements which constitute performance budgeting as a comprehensive system can be identified in this book. This new definition is then applied to the German state level in order to investigate whether performance budgeting is effective in Germany, in detail, whether it actually leads to a reduction of public expenditure. With a survey in the state Ministries of Finance and an individually constructed panel dataset, the impact of the German performance budgeting reforms on their major aim, the enhancement of fiscal discipline, is empirically analyzed. The main result is that the potential of expenditure savings is prolonged by the enormous investments in the beginning.

Performance Funding for Higher Education

Author : Kevin J. Dougherty
Publisher : JHU Press
ISBN 13 : 142142083X
Total Pages : 276 pages
Book Rating : 4.4/5 (214 download)

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Book Synopsis Performance Funding for Higher Education by : Kevin J. Dougherty

Download or read book Performance Funding for Higher Education written by Kevin J. Dougherty and published by JHU Press. This book was released on 2016-10-04 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ultimately, the authors recommend that states create new ways of helping colleges with many at-risk students, define performance indicators and measures better tailored to institutional missions, and improve the capacity of colleges to engage in organizational learning.

Responsibility Center Management

Author : Jon C. Strauss
Publisher :
ISBN 13 : 9781569720202
Total Pages : 40 pages
Book Rating : 4.7/5 (22 download)

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Book Synopsis Responsibility Center Management by : Jon C. Strauss

Download or read book Responsibility Center Management written by Jon C. Strauss and published by . This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Performance Budgeting in OECD Countries

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264034056
Total Pages : 226 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Performance Budgeting in OECD Countries by : OECD

Download or read book Performance Budgeting in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2007-09-04 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews the experiences of eight OECD countries which have developed and used performance information in the budget process over the past ten years.

Building Effective Governments

Author : Marianela Armijo
Publisher : Inter-American Development Bank
ISBN 13 : 1597822337
Total Pages : 277 pages
Book Rating : 4.5/5 (978 download)

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Book Synopsis Building Effective Governments by : Marianela Armijo

Download or read book Building Effective Governments written by Marianela Armijo and published by Inter-American Development Bank. This book was released on 2015-07-09 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improving public services, using State resources efficiently, and managing State agencies effectively have been ongoing concerns of Latin American and Caribbean (LAC) governments since the beginning of this century. Government officials are now paying closer attention to the results obtained by their administrations. Citizens are now demanding not only universality but also quality in the services that the State provides (e.g., education, healthcare, and legal services). To meet this growing demand for public sector effectiveness, governments have formulated new laws, created or modified institutions, and implemented innovative management methodologies and instruments.Based on data gathered in 24 countries, this book analyzes the current situation, the progress made, and the challenges still facing the governments of the region in their efforts to achieve more effective public administrations.

Participative Budgeting and its Effects on Employee Motivation

Author : Jörg Drischel
Publisher : GRIN Verlag
ISBN 13 : 3638176681
Total Pages : 24 pages
Book Rating : 4.6/5 (381 download)

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Book Synopsis Participative Budgeting and its Effects on Employee Motivation by : Jörg Drischel

Download or read book Participative Budgeting and its Effects on Employee Motivation written by Jörg Drischel and published by GRIN Verlag. This book was released on 2003-03-13 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2002 in the subject Business economics - Business Management, Corporate Governance, grade: 64% (England = B+), University of the West of England, Bristol (Bristol Business School - Bachelors Degree Business Administration), language: English, abstract: Accounting is an important aspect of management control. Budgets are unarguably the most obvious form of utilising accounting data to monitor and punish or reward strategic business units and consequently employees, regardless of whether they are managers or workers on the shop floor, according to their performance in relation to budgeted targets. “The budget is a financial plan for implementing the various decisions that management has made” (Drury 1997, p. 8). Participation in the formation process of budgets by those ultimately affected is practised in companies with the aim to generate a better-performing workforce. Empirical evidence on the effects of participative budgeting is ambiguous and the literature is fragmented. In this paper, I shall mainly review research on participative budgeting as well as other issues in budgeting and some critical perspectives on budgeting as a means of management control.

Getting Skills Right Financial Incentives for Steering Education and Training

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264272410
Total Pages : 130 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Getting Skills Right Financial Incentives for Steering Education and Training by : OECD

Download or read book Getting Skills Right Financial Incentives for Steering Education and Training written by OECD and published by OECD Publishing. This book was released on 2017-04-10 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present report examines how governments use financial incentives to promote a better alignment between labour market needs, on the one hand, and the supply of skills, on the other.

Measuring Supply Management’s Budget Effects

Author : Anna Quitt
Publisher : Springer Science & Business Media
ISBN 13 : 3834984906
Total Pages : 268 pages
Book Rating : 4.8/5 (349 download)

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Book Synopsis Measuring Supply Management’s Budget Effects by : Anna Quitt

Download or read book Measuring Supply Management’s Budget Effects written by Anna Quitt and published by Springer Science & Business Media. This book was released on 2010-09-24 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on practice-oriented and practice-relevant research methods, Anna Quitt, designs an integrated process for measuring supply management’s budget effects and develops Return on Spend as an innovative financial effectiveness indicator.

The Palgrave International Handbook of Higher Education Policy and Governance

Author : Jeroen Huisman
Publisher : Springer
ISBN 13 : 1137456175
Total Pages : 869 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis The Palgrave International Handbook of Higher Education Policy and Governance by : Jeroen Huisman

Download or read book The Palgrave International Handbook of Higher Education Policy and Governance written by Jeroen Huisman and published by Springer. This book was released on 2016-04-29 with total page 869 pages. Available in PDF, EPUB and Kindle. Book excerpt: This state-of-the-art reference collection addresses the major themes, theories and key concepts related to higher education policy and governance on an international scale in one accessible volume. Mapping the field and showcasing current research and theorizations from diverse perspectives and authoritative scholars, this essential guide will assist readers in navigating the myriad concepts and themes involved in higher education policy and governance research and practice. Split into two sections, the first explores a range of policy concepts, theories and methods including governance models, policy instruments, institutionalism and organizational change, new public management and multi-level governance. The second section addresses salient themes such as institutional governance, funding, quality, employability, accountability, university rankings, widening participation, gender, inequalities, technology, student involvement and the role of higher education in society. Global in its perspective and definitive in content, this one-stop volume will be an indispensable reference resource for a wide range of academics, students and researchers in the fields of education, education policy, sociology, social and public policy, political science and for leadership.

Higher Education: Handbook of Theory and Research

Author : Michael B. Paulsen
Publisher : Springer Science & Business Media
ISBN 13 : 9400758367
Total Pages : 742 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Higher Education: Handbook of Theory and Research by : Michael B. Paulsen

Download or read book Higher Education: Handbook of Theory and Research written by Michael B. Paulsen and published by Springer Science & Business Media. This book was released on 2013-02-12 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published annually since 1985, the Handbook series provides a compendium of thorough and integrative literature reviews on a diverse array of topics of interest to the higher education scholarly and policy communities. Each chapter provides a comprehensive review of research findings on a selected topic, critiques the research literature in terms of its conceptual and methodological rigor, and sets forth an agenda for future research intended to advance knowledge on the chosen topic. The Handbook focuses on a comprehensive set of central areas of study in higher education that encompasses the salient dimensions of scholarly and policy inquiries undertaken in the international higher education community. Each annual volume contains chapters on such diverse topics as research on college students and faculty, organization and administration, curriculum and instruction, policy, diversity issues, economics and finance, history and philosophy, community colleges, advances in research methodology, and more. The series is fortunate to have attracted annual contributions from distinguished scholars throughout the world.