New Balancing Act in the Business of Higher Education

Edited by Robert L. Clark, Professor of Economics and Professor of Management, Innovation and Entrepreneurship, North Carolina State University, US and Madeleine d’Ambrosio, Vice President, TIAA-CREF Institute, US

• Contents:Foreword Herbert M. Allison, Jr.INTRODUCTION1. Walking the Financial Tightrope: Balancing Costs and Revenues with Commitment to MissionRobert L. Clark and Madeleine B. d’Ambrosio2. American Higher Education: The New Balancing ActStanley O. IkenberryPART I: ENHANCING REVENUES AT COLLEGES AND UNIVERSITIES3. Enhancing Institutional Revenues: Constraints, Possibilities and the Question of ValuesJames C. Hearn4. Higher Education: Meeting Today’s Challenges and Regaining the Public’s TrustWilliam E. Kirwan5. Negotiating a New Relationship with the State: The Virginia ExperienceDavid W. Breneman and H. Lane Kneedler6. Money for Something – But What?David A. Longanecker7. Regaining the Trust in Higher EducationBenjamin F. QuillianPART II: CHANGING FACULTY EMPLOYMENT PRACTICES8. The Changing Nature of the Faculty and Faculty Employment PracticesRonald G. Ehrenberg9. The Faculty of Tomorrow’s Research UniversitiesJohn Edward Sexton10. Of Canaries, Storms and Dickens: Finding Balance for Faculty in Public Higher EducationKermit L. Hall and Robert W. Wagner11. Socrates, Thoreau and the Status QuoCathy A. TrowerPART III: IMPLEMENTING CHANGE AT COLLEGES AND UNIVERSITIES12. Institutional Change: The Why and the HowKenneth A. Shaw13. Effecting Institutional Change through Innovative Capital FinancingMichael F. Adams14. Implementing Renewal and ChangeRobert H. Bruininks15. Observations and Reflections on Organizational Change Allan R. CohenIndex

'. . . the stature of the authors, who include prominent university presidents and chancellors as well as leading researchers on the business of higher education, makes this a worthwhile read. Not to be missed are the chapters on how three Virginia universities are redefining what it means to be a public university, and an interesting and provocative look at the looming financial crisis in higher education and how it can best be addressed. Highly recommended.'