Category: Governance

Faculty and Boards of Governors

While I was away having fun in Japan (the sumo was excellent, btw), the Canadian Association of University Teachers released a report called Board of Governors Structures at Thirty-One Canadian Universities ,which is well worth a gander.  As is often the case with CAUT’s stuff, it’s a mix of very useful and factual material combined and some…ah…curious editorializing. (Speaking of curious: how in the hell did CBC report the ridiculous story, planted by someone at the Carleton Faculty Union, that the university

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Honorary Degrees

[the_ad id=”12142″] I can’t quite get my head around Alberta these days. You’ve got a left-wing government banging on about accessibility while providing proportionately the fewest need/income-based grants of any provincial government.  You’ve got a right-wing opposition which is just mad as hell that the federal government doesn’t have a national policy to force Eastern Canada to buy Canadian oil instead of foreign oil (a policy which used to go by the name “National Energy Program”).  And, at the University

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Risk (Conclusion)

[the_ad id=”12142″] Just to recap the last few blogs: First, ensuring that institutions are managing risk is pretty much the most important responsibility Boards of Governors have. They need the tools to understand how it is being done and where things need to improve Second, the most important risk to any institution is prestige. Yet few institutions bother to think clearly about how they are viewed by their key constituencies and why, particularly when it comes to the quality of

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Risk (Income)

Over the course of the last three days we’ve been talking about all kinds of risks: today, I want to talk about financial risks and particularly how institutions generate income. Greater institutional income is a panacea for problems facing institutional boards: the more income you have, the better position one is in to deal with all those risks we’ve been talking about all week .  A rich institution can pay to attract good staff (both academics and key non-academic positions, like

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Risks (Operational)

Ok, so we’ve been through all the prestige/reputational risk stuff (here and here), and tomorrow we will deal with financial risk.  But today, there’s the issue of straight-up operational risk: that is, the possibility that an institution (or part thereof) might not be able to open tomorrow. The obvious risks here relate to disaster planning: fire, earthquakes, environmental protection, etc.  This is the stuff the insurance companies really care about and with justification: these can really affect property values.  But with modern construction

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