Algonquin College as a Trend Setter: Responsibility Center Management (RCM)
Posted on Thursday, January 22nd, 2015
Wilfrid Laurier University and Trent University are the latest two Canadian universities to consider getting on board with a Responsibility Center Management (RCM) model.
RCM empowers academic and non-academic units to manage their own resources within the framework of a unified institutional vision.
Algonquin College has been examining an RCM model for the past three years, and aims to implement a “Made at Algonquin” model for the 2016-2017 fiscal year. This shift will allow the College to be more entrepreneurial and become better stewards of our resources.
Find out more:
- Wilfrid Laurier University task force suggests the adoption of RCM budget model (November 28, 2014)
- Trent University adopts RCM for budgeting (December 21, 2014)
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