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Higher Education out of Control: Regaining Strategic Focus in an Age of Diminishing Resources
Patricia L. Nemetz and Alex Cameron
Academy of Management Learning & Education
Vol. 5, No. 1 (Mar., 2006), pp. 38-51
Published by: Academy of Management
Stable URL: http://www.jstor.org/stable/40212532
Page Count: 14
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Our purpose here is to explore avenues of possible relief for colleges of business administration that confront the demands of a changing educational environment and shifting organizational control. Because colleges of business operate within the larger context of a university, we begin by examining pressures buffeting the university in this changing environment and follow with a review of organization control based on transactions cost theory (Ouchi, 1980; Williamson, 1975). Using the theory, we describe a shift in organization control. Last, we propose a prescriptive framework that identifies strategic choices that are available to colleges of business administration.
Academy of Management Learning & Education © 2006 Academy of Management