Administrative and Academic Structures
For-Profit and Not-for-Profit
Andrew Carpenter and Craig N. Bach
In the United States, for-profit institutions of higher learning are typically led by highly skilled business professionals with limited academic expertise; not-for-profit institutions are usually governed by highly successful academics who occupy positions of administrative power but have little or no training in strategic management. The former are more effective at managing an institution to meet changing landscapes but rarely have the educational experience or insights to build and sustain strong academic programs. The latter have greater capacity to build strong academic programs but often lack the managerial excellence to support ...