By . When institutions talk about risk management, they primarily mean two things: operational risks (i.e. things which might prevent the institution from going about its usual business, which we’ll deal with tomorrow), and reputational risks. More...
Risks (Operational)
By . 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. More...
Risk (Income)
By . 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. More...
Risk (Conclusion)
By . 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. More...
Better Arguments for Superclusters
By . A couple of weeks ago, the Globe and Mail published an op-ed “Beyond “the Next Silicon Valley”: Why Many Kinds of Economic Superpowers Matter” by Dalhousie University President Richard Florizone and MIT’s Scott Stern. It is, in my opinion, a better explanation of and argument for superclusters than anything the government itself has published, but it’s also a rebuttal (I think) to naysayers (like me) of the Supercluster concept, so I thought it worth reviewing some of the arguments here. More...
Miracle at Purdue?
By . If you follow US higher ed news at all, you will have heard the story of Purdue University, Indiana’s other, somewhat more STEM-focussed, state university system. Under the leadership of former Indiana Governor Mitch Daniels, Purdue has managed to freeze in-state tuition stable for the last seven years. How is this happening, you ask. More...
Watching the Americans
By . Yesterday I looked at the situation at Purdue University in Indiana and noted that one of the things permitting the “miracle” of frozen tuition was the significant increase in state appropriations over the last few years. More...
Lo! More Mediocre Provincial Budgets
By . The Government of Saskatchewan delivered its budget yesterday which means that all ten provinces are now in – much earlier than usual (there’s usually one irritating May holdout). And guess what? It’s another year of (on aggregate at least) barely keeping up with inflation. More...
(Another) New Report on Skills
By . Late last week the Business Higher Education Roundtable published the results of a survey of its members (big Canadian businesses) on the issue of skills. The results were…intriguing. More...
Enough, Ontario
By . Our usual annual round-up of provincial budgets will come Wednesday, right after Saskatchewan posts its numbers, but as I was writing a draft of the piece I realized it makes almost no sense to talk about national trends in provincial funding without looking at what is going on in Ontario, because to a large extent it drives the national numbers. More...