A & S SRI Presentation - PowerPoint Presentation

Slide1

A & S SRI Presentation

Spring 2015

Thomas NenonSlide2

A&S SRI Basic Facts

The implementation of the SRI at the University of Memphis will not involve any automatic shifts in college budgets.

Any changes in college budgets will be negotiated based on changes in the overall university budget situation, the alignment of the college’s performance with key SRI goals, and its alignment with other key university strategic goals.Slide3

A&S SRI Basic Facts

SRI applies to college budgets, including revenues and expenditures

SRI does not apply directly to departmental budgets

The college will continue to negotiate departmental budgets with the individual departments

In order to put itself in a strong position under SRI, the college will need to align itself with key SRI measures

The college can only align itself with those goals if the departments are aligned, so alignment with those goals will be a key part of the college’s negotiations with the university leadership and with individual departmentsSlide4

SRI Basic Facts

The current proposal is subject to discussion and modification between now and its actual implementation.

All of the numbers on the sheets you will see apply to the budget for the year 2012-2013 and will be different for each subsequent budget year, depending on changes in revenues and expenditures for each of those years.

The SRI will go live for the budget year 16-17.Slide5

SRI Basic Facts

What this does NOT mean:

that

there will be any automatic shifts that fall

.

What

it

DOES mean:

that

performance on SRI measures

over

the next year

and the years that follow will

have an influence on budget negotiations for

that year and

for each year after that.Slide6

Main SRI funding factors

The key drivers and allocation methodology for the SRI model at the University of Memphis were developed by the Steering Committee and the Deans. It is unique to the University of Memphis and different from the model at other universities. It was not provided by Huron.

Those drivers are aligned with our revenue sources, but more importantly with several of our long-standing strategic goals.Slide7

Main SRI Revenue Factors

In ranked order:

Student degrees by major and level

Instructional delivery (credit hours)

External Funding Expenditures

Number

of

Enrolled MajorsSlide8

Notes on External Funding Changes

External Funding will be supported more strongly by having Research Support funded out of state appropriation $$ instead of IDCRs.

IDCRs returned 100% to colleges, which will now be fully responsible for incentives, start-ups, and bridge funds

Research Support will use its funds to cover shared support services and to provide incentives and support for interdisciplinary and strategic initiatives to increase external fundingSlide9

Notes on Majors

Both enrolled majors and major of the college granting the degree will count.

Much more heavily weighted will be majors who actually graduate from that college

.Slide10

Note on # of Majors

Majors will also be considered significant revenue sources

Many support costs will also be allocated based on number of majors.

So it will still be in a department’s interest to encourage students to declare that major, but the biggest return will come when that student earns the degree.Slide11

Implications

This encourages departments and colleges to seek and retain majors who will graduate from that department or college, but does not provide strong reasons to keep a student longer than necessary.

It also provides an incentive to help each student who is able to succeed in the program earn the degree in that program, but not to try to keep the student in that program if it becomes apparent that the student is not likely to be able to succeed in that program.

EVERYONE

BENEFITS

IF THE STUDENT IS ABLE TO FIND THE PROGRAM WHERE S/HE WILL SUCCEED AS QUICKLY AND EFFECTIVELY AS POSSIBLESlide12

Major SRI Relevant Expenditures

Under the college’s control:

Faculty salaries and benefits, including summer instruction

Staff salaries and benefits

GA stipends

Tuition waivers for GA’s

College and departmentally controlled scholarship $$ from E&G

Space (other than centrally controlled classrooms)

Equipment and operating expensesSlide13

Major SRI Relevant Expenditures

Not under the college’s control; distributed across colleges based on various metrics (e.g.

sq.ft

., # of majors, # of faculty/staff, etc.:

Shared technology resources

Student support services

Libraries

Shared Administrative Services (HR, Business and Finance, Marketing, Development)

Academic Administration

Other General Physical Plant and Maintenance ExpensesSlide14

Other University Strategic Goals Relevant to Budget Negotiations

Student Success in Terms of Quality of Student Instruction and Degrees

University Funded Research

Contributions to the Community

Contributions to Interdisciplinary Success in Related Areas Slide15

Implications for Departments

A focus on student success is the single most important factor that will determine how well the University of Memphis will be able to support all of its other goals.

This is why it is strongly reflected in our SRI goals and why departments will continue to need to focus clearly on helping students succeed in their classes and programs.Slide16

Implications (continued)

Research remains one of our key goals and is an essential factor in being able to attract students, serve our community, and provide first-rate programs.

All forms of research remain important, but opportunities for sponsored research in areas where that is possible will be especially supported and encouraged.Slide17

Implications

The University of Memphis’ strategic goals remain the same.

SRI by itself neither increases nor decreases the university, college, or department budgets and expenditures.

Success in the main SRI measures will increase the university’s resources, and hence the resources available to the colleges and departments and all of our strategic goals.

The University of Memphis will continue to support many important strategic goals that are not related to resources, but it will be able to do that much better if we do well on the goals that also increase our resources.Slide18

The Bottom Line for Departments

Continue to strive to help students succeed in high-quality academic programs

Continue to offer good courses attractive to majors and non-majors

Continue to perform excellent research and vital community service.

Continue to help us understand those contributions and make them known.

Keep your priorities straight – recognize that we cannot do 3 and 4

in place of

an emphasis on student success at all levels, but that 3 and 4

are

essential factors in helping us serve our students and our community well through quality instruction and quality programs

.