Making Decisions

Three web exclusives accompanying the January 2009 issue of University Business weigh in on varying topics of discussion, from addressing social networking, to implementing new IRS 403(b) regulations, to enhancing productivity in the procurement department.

They, too, offer suggestions on how to approach them. All articles can be accessed here. 

Is Higher Education Approaching the Perfect Storm?
In his piece, SciQuest's President and CEO Stephen Wiehe cites, to date, less than two percent of more than 4,000 higher ed institutions are implementing a more strategic approach to procurement. He offers four steps administrators can take to change that notion.

Social Networking and the .edu Experience: It's Time They Meet
Lance Merker, president and CEO of OmniUpdate, discusses what higher ed administrators can do with their .edus (websites, that is) to incorporate a primary aspect of social networking: building relationships with prospective students.

Single vs. Multi-Vendor --The Critical Decision in 403(b)
David Ray weighs in on a decision resulting from the new IRS 403(b) regulations created for not-for-profit plan sponsors: how many active service provider relationships do they want to have. He is vice president and national practice leader for not-for-profit and public sector markets for Diversified Investment Advisors, an investment advisory firm.