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Taylor, Philip R.; Hewins, Roger C., III; Massy, William F. – Planning for Higher Education, 1998
In colleges and universities, only an objective, comprehensive approach to financial planning and management can be expected to result in long-term financial equilibrium, strong investment performance, and success in achieving institutional objectives. A model integrating strategic financial management techniques and a five-step prudent investment…
Descriptors: Administrative Policy, Budgeting, College Administration, College Planning
Massy, William F. – NACUBO Professional File, 1975
The critical importance of planning in higher education is addressed. The challenge to planning is seen not just as alleviating the current pressures, but in assuring that the traditions of independence, creativity, and intellectual excellence survive. The planning process at Stanford University is described. For the university, the process of…
Descriptors: Budgeting, Decision Making, Educational Finance, Educational Planning