The present governance system in higher education-hierarchical in its reporting system but decentralized in resource allocation-is almost incapable of reallocating funds in the face of today's diverse demands and fiscal limits. The authors believe, however, that new management paradigms in the private sector suggest a direction for change: a less hierarchical, more participatory process, with evaluation criteria shared among all participants.
Benjamin, Roger W. and Stephen J. Carroll, Restructuring Higher Education. Santa Monica, CA: RAND Corporation, 1993. https://www.rand.org/pubs/issue_papers/IP116.html.
Benjamin, Roger W. and Stephen J. Carroll, Restructuring Higher Education, Santa Monica, Calif.: RAND Corporation, IP-116, 1993. As of June 22, 2022: https://www.rand.org/pubs/issue_papers/IP116.html