Wednesday, January 22, 2014

La Trobe University Cuts Costs by Merging Faculties

photo: 401(K) 2013 via photopin cc
by Emma Sheard, Criterion Conferences:

Emma is a Team Leader in Production and a Senior Producer. Emma loves learning about new industries and the challenges they face. 

Born and bred on the Northern beaches of Sydney, Emma loves travelling and is known for having the loudest-ringing phone in the office.

La Trobe University, in an effort to reduce a $65 million budget deficit, has merged all of their faculties into two colleges - the College of Life, Society and Culture and the College of Science, Health & Engineering.

Merging faculties is one way to improve operational efficiency, through centralising administrative functions that have traditionally been duplicated within every faculty. With many universities facing significant budgetary constraints, structural changes are becoming a way to improve efficiency.

Some other strategies to improve the long-term sustainability of university operations include:
  • Integrating long-term strategy and budgeting
  • Centralising administrative tasks
  • Outsourcing non-core functions

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