Category: Institutions

One In, One Out

I had a discussion a few months ago with a government official who was convinced she knew what was wrong with universities.  “They have no discipline,” she said.  “They just go out and create new programs all the time with no thought as to what the cost implications are or what the labour market implications are, and so costs just keep going up and up.” I told her she was only half right.  It’s absolutely true that universities have no discipline when it

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Marginal Costs, Marginal Revenue

Businesses have a pretty good way of knowing when to offer more or less of a good.  It’s encapsulated in the equation MC = MR, and shown in the graphic below.                 Briefly, in the production of any good, unit-costs fall to start with as the benefits of economies of scale start to rise.  Eventually, however, if production is expanded far enough you get diseconomies of scale, and the marginal cost begins to rise.  Where the

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Management in Universities

In organizations, people work in teams, but teams work effectively is difficult: this is what management is for.  It doesn’t always work well, but efficient management – making teams work together smarter, faster, and better – is the key to organizational success, whether you are in the private, public, or non-profit sectors. Universities, of course, are an exception. OK, not entirely.  Every university has units that must act as a team in order to deliver results.  Bookstores, admissions offices, physical

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Why Class Size Matters (Up to a Point)

At the outset of the MOOC debate about four years ago, there was a line of argument that went something like this: MOOC Enthusiast:  These MOOCs are great.  Now the classroom is not a barrier.  Now we can teach hundreds of thousands of students at a time!  Quel efficiency! Not MOOC Enthusiast:  They’re just videos.  They can’t give you the same human touch as an in-class experience with a professor. MOOC Enthusiast: How’s that human touch going for you in the 1,000-person intro class? To which there was

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Innovation Buzzword Bingo

Morning all.  Regular service will pushed back one week to January 10th, but I couldn’t let the Globe op-ed “Southern Ontario Should be an Innovation Cluster, Not a Farm Team” by three Ontario university presidents (McMaster’s Patrick Deane, Toronto’s Meric Gertler, and Waterloo’s Feridun Hamdullahpur) go without comment. The article reads like someone set out to fill a buzzword bingo card.  Words like “supercluster”, “resilient”, “enhancing interaction”, “external connectivity”, “cluster-building infrastructure”, and “entrepreneurship ecosystem” all duly make an appearance; hell, there’s even a

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