Moving to a Responsibility Center Management Budgeting Model Webcast Recording

(Retired) | Last updated May 9, 2016

Course Length

1h 33m

Last Updated

May 9, 2016

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Moving to a Responsibility Center Management Budgeting Model Webcast Recording

(Retired) | Last updated May 9, 2016

Table of Contents

Moving to a Responsibility Center Management Budgeting Model
1:33:17 Closed lock icon

Overview

Learn how you can customize, make key decisions, and cultivate ownership of a responsibility center management (RCM) budgeting model on your campus. Larry Goldstein will walk you through critical aspects of RCM so you can better:

  • Establish levels of decision making
  • Train your non-financial constituents
  • Gain buy-in and ownership
  • Strategize your roll-out plan

“This explanation and presentation of the RCM budget model was enlightening and very reassuring that our Task Force is on the right track with modifying our current budget program. We also realized throughout the presentation that CSULA has utilized several RCM principles over the past few years.”
– Troy Allen, Director of Strategic Planning & Quality Improvement, CSULA

Who should attend?

The audience for this program includes all higher education finance and budget officers who are considering a transition to, or who are interested in learning more about, this budget model. Chief financial officers, vice presidents and assistant vice presidents for finance and administration or finance and business operations are all encouraged to attend.

Agenda

  • Scalability and Customization of RCM
    • Defining the RCM continuum
    • Examples of RCM models within the continuum
    • Keys to scaling your institution’s RCM model
  • Key Decisions for RCM
    • Revenue categories and cost pools
    • Tuition complexities
    • Administrative expenses
    • State appropriation and taxation
  • Cultivating ownership for RCM
    • Clearly defining decision making levels
    • Structuring your task force and committees
    • Bringing in financial expertise and training
    • Using forums to clarify decisions
  • Phasing your roll-out and considerations for implementation

Tagged In

Finance & Administration
portrait of Larry Goldstein

Larry Goldstein

President, Campus Strategies, LLC

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Why is this event retired?

At AI we want to always ensure that the best and most current trainings are available to members, and we regularly review our trainings to ensure that is the case.