CMU Online Digital Object Repository
Central Michigan University Scholarly & Creative Works > CMU Faculty/Staff Research > 2006, Journal Article

Linking Strategic Planning and Budgeting in Higher..., 2006

Download whole document (PDF) (70.46 KB)
Contents
Metadata
Title Linking Strategic Planning and Budgeting in Higher Education: Problems in Differential Time Horizons
Date 2006
Material Type Journal Article
Creator/Author Popejoy, Michael W., Profed
Additional Contributors Wright, Dianne A., Florida Atlantic University
Publisher Association for the Advancement of Educational Research
Copyright Copyright 2006 by Association for the Advancement of Educational Research. This material is copyrighted, and any further reproduction or distribution is prohibited without the permission of the copyright owner.
Peer-reviewed Peer-reviewed
Subject Public budgeting; Higher education; Strategic planning; Budget process; Universities and colleges -- Finance; Fiscal year;
Description It is critical to effective organizational planning that close linkages are developed to coordinate the budget development process with the strategic planning process in higher education. Currently, in most settings, annual budgets and multiyear strategic plans have not been effectively intertwined. The key difficulty is the long-term focus of strategic planning and the short-term focus of operating budgets (Meisinger, 1994). To correct this problem of differential time horizons, new models of budgeting are needed to link operating budgets more directly to the organization's long-term strategic plan. More specifically, a new strategic budget planning process model is required. Theory building and pedagogy in multiyear operating budget processes is also needed.
Source Popejoy, Michael W., Wright, Dianne A. "Linking Strategic Planning and Budgeting in Higher Education: Problems in Differential Time Horizons" in Journal for the Advancement of Educational Research. Spring 2006. 1:2
Language English
Show/hide left pane
Document Previous document Browse all documents of this publication Next document    Zoom in Zoom out Maximize
© 2008-2017 DL Consulting. All rights reserved. Powered by Veridian
Alert Close
Help Close
Edit Close
Add to private list Close
Move to another list Close