Saturday, April 25, 2009
Bloggie always thought "stewardship" had to do with accountability and trust--as in "where did all the money go?"
And Bloggie never knew that a budget was a game of "musical chairs."
And that administrative rhetoric could go so effortlessly from this:
"Under his leadership, the University, which operates three campuses and has an annual operating budget of more than $700 million, has enjoyed tremendous momentum, experiencing enrollment growth in the last three years to more than 22,000 students."
"Next week, UT will announce layoffs for employees across all campuses. We will have to say goodbye to friends and colleagues who helped improve the human condition in academics, health care and other areas of university engagement"
Bloggie wonders how many of these "friends and colleagues" will be high level administrators. But Bloggie must also admit that the practice of rewarding bad stewardship with big bonuses has become the standard in American business practices in recent times (e.g., AIG) and in this UT has shown itself as advanced as any of these cutting edge firms.
Maybe this is what is meant when the UT President wants to put more people with "business experience" in charge of UT colleges?
Poor Bloggie doesn't have a head for such business and cannot understand it.