If we are to realize our aspirations, our resource model must support our ambitions and catalyze our growth. The current decentralized model of budgeting and resource allocation does not sufficiently allow the University to adapt and react quickly to strategic opportunities for developing our academic and research enterprises. It is, therefore, critical that we modernize our model in order to allocate resources to strategic areas and make targeted investments in support of our goals.
Implementing a new resource model will also help to facilitate coordination and collaboration among schools, units, and departments; make it easier to track progress toward our goals; and provide a framework for decision making to ensure all members of our community are working toward the same goals. This effort supports a one university approach that optimizes our resources, provides opportunities for innovation in revenue generation, improves efficiencies, and gives our researchers, educators, and students a better environment in which they can learn, discover, heal, and create.