Efficiency Initiatives: Realizing Efficiency Savings at Research Universities

Topics: Administration and Finance, Budgeting, Cost Savings, Capital Planning, Budget Models and Cost Allocations

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Summary

Institutions pursue efficiency savings to facilitate long-term growth while maintaining academic quality. This report identifies strategies that administrators at several public and private research institutions have considered or pursued to reduce costs and improve processes—including procurement improvements, organizational restructuring, and benefits adjustments. Additionally, the report outlines how to identify potential efficiency savings.

Research Questions

  • What recent initiatives have administrators pursued to increase administrative efficiency?
  • What is the process to identify inefficiencies to address?
  • What factors do administrators consider to determine which inefficiencies to address first?