A recent USA Today article discusses the changing nature of the nation’s major universities as they continue to morph into businesslike entities. The article, “Are campuses becoming battlegrounds?” by Jim Hopkins, says the new academic environment pits “traditionally powerful professors against a new generation of business-savvy presidents hired to control costs, boost research and make classes more relevant in a global economy.”
“Last month’s resignation of Harvard President Larry Summers after a faculty mutiny is adding fuel to the simmering tensions, and could slow long-sought reforms in higher education across the USA.”
Pressure on presidents is rising: Tuition, room and board jumped 67% in the past decade. Competition for donations and federal funding is brutal. Trustees want schools to help economies grow.
“It’s the toughest job I’ve ever seen,” says James Hardymon, head of the University of Kentucky’s board of trustees and former CEO of conglomerate Textron.
The article cites Kentucky as a case study of these changes. There, President Lee Todd “was given a mandate to boost the school’s standing,” USA Today notes. “Goals in the next 14 years include adding 625 faculty and more than doubling research spending, to $768 million a year. Lawmakers and trustees expect Todd to use his business experience to reach these goals.”
Todd knows university life demands a different approach. In business, he says, communication was “vitally” important, but could be focused on three constituents: investors, customers and employees. In academia, he juggles donors, faculty, staff, students, parents, alumni, athletics fans, community leaders and lawmakers.
As one academic quoted in the story noted, the balance of power has shifted from a faculty-centric entity to a business enterprise.