There are also two areas where the budget process will change this year. The School along with other divisions of the Medical Center is very interested in developing a mission-based approach to managing programs and resources. This approach is essential for our long term fiscal health. Mission based management is a unique approach to managing operations and decision making which is aimed at enhancing mission effectiveness. In previous budget letters, education budgets had been mentioned.
Mission based management goes beyond budgeting or managing any single mission, such as education.
One step in the process of establishing a mission-based approach to managing resources is the collection of data relative to faculty estimates of time that will be spent on the various missions over the coming year. Later in the process, you will be sent a worksheet for each full time faculty member to complete relative to estimated effort by mission. This will be a prospective estimate of faculty activity for the year. This initial data will allow us to begin to better align resources by mission with faculty effort. Last year s budget letter mentioned a research incentive plan.