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The Economic Outlook and What It Means for Colleges and Universities.
Anderson, Richard E.; Massy, William F. – Capital Ideas, 1989
This issue of Capital Ideas reproduces, in an abridged form, the first chapter of a new book titled, "Financial Planning Under Economic Uncertainty", in the series, "New Directions for Higher Education." The chapter reviews the macroeconomic environment at the start of the 1990s, with particular focus on the problems facing…
Descriptors: College Planning, Economic Factors, Educational Finance, Educational Policy
Integrating Strategic Finance and Endowment Management.
Peer reviewed Peer reviewed
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
Planning Models for Colleges and Universities
Hopkins, David S. P.; Massy, William F. – 1981
Drawing on the authors' extensive experience at Stanford University as well as the work of others, this book offers the first systematic approach to fiscal and human resource planning at colleges and universities. It shows how decision models can and should become an integral part of the planning process. The uses and misuses of planning models in…
Descriptors: Administrator Guides, Budgeting, College Faculty, College Planning
Budget Decentralization at Stanford University.
Peer reviewed Peer reviewed
Massy, William F. – Planning for Higher Education, 1990
Budget decisions in large institutions should be decentralized. Decentralization can be accomplished by responsibility center budgeting, block budgeting, or combinations thereof. The system should be designed so that organization unit heads have maximum incentive to be efficient and to optimize decisions on an institutionwide basis where…
Descriptors: Budgeting, Budgets, Centralization, College Planning
Long-Range Budget Planning in Private Colleges and Universities
Peer reviewed Peer reviewed
Hopkins, David S. P.; Massy, William F. – New Directions for Institutional Research, 1977
Computer models have greatly assisted budget planners in privately financed institutions to identify and analyze major financial problems. The implementation of such a model at Stanford University is described that considers student aid expenses, indirect cost recovery, endowments, price elasticity of enrollment, and student/faculty ratios.…
Descriptors: Budgeting, College Administration, College Planning, Computers
Resource Management and Financial Equilibrium.
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
Strategic Indicators for Higher Education, 1996. Vital Benchmarks and Information To Help You Evaluate and Improve Your Institution's Performance.
Taylor, Barbara E.; Massy, William F. – 1996
The strategic indicators defined in this book, which builds on two earlier studies published by the Association of Governing Boards of Universities and Colleges, are intended to enable institutions to compare their position in key strategic areas with their peer institutions. Data for more than 100 key indicators was collected from nearly 1,000…
Descriptors: Capital, Colleges, Comparative Analysis, Educational Facilities