Why isn the Resource Management Fund (RMF) distribution as transparent as other formulaic resource distributions?
Recommendation: The RMF is intended to provide strategic steerage for the institution. Strategic steerage can’t be driven with a formulaic approach. The distribution of the RMF must be based on leadership decisions to ensure that the university achieves its strategic goals. Under the Resource Management Model, there will be greater transparency than in the current model because the outcomes of leadership decisions will be fully public. Transparency will be enhanced by clear communication from the leadership regarding RMF decisions. Also, the budget advisory committees proposed in the model will provide a level of review and discussion that will improve transparency.
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