communications
February 2020
Dear Campus Community,
In October 2019, the Revenue Allocation and Cost Allocation work groups submitted their recommendations for the budget rules that will govern the implementation of the Strategic Resource Management—SRM—model. The Strategic Direction and Steering Committee approved the final rules on Oct. 28, 2019. The rules are available on the SRM website.
The SRM project is now in the scheduled period for modeling. The purpose of this modeling is to better understand the impact and outcomes of rules and ensure the SRM implementation will adhere to the guiding principles. Modeling will show the impact of the SRM within the confines of the University’s existing budget parameters, including projected enrollment declines.
As a reminder, the SRM is scheduled to go live in fiscal year 2021-22. During fiscal year 2020-21, the SRM will run parallel in a test environment to optimize the new model.
Within five years of implementation, a thorough evaluation of the SRM will be conducted. This is a common practice among universities that have adopted similar budget models. At that time, recommendations may be brought forth to reflect the University’s experience with the SRM.
Two additional work groups have been convened to assist in the development and rollout of the SRM. The Infrastructure Support for Implementation work group developed a dashboard for user-friendly access to SRM metrics and recommended improvements to various reporting tools. The dashboard and tools will become available at the implementation of SRM. The Infrastructure work group completed its assigned charge.
The Training, Process Documentation, and Policy work group is in the process of developing the SRM policy and implementation manual as well as comprehensive training materials.
For more information about Strategic Resource Management, please visit the SRM website at wmich.edu/budgetmodel.
Thank you,
Strategic Resource Management Core Team
Christopher Cheatham
Peter Dams
Nicole Kalmbach
Colleen Scarff
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March 2019
Strategic Resource Management town hall meeting | March 20, 2019
Leads of the Cost Allocation and Revenue Allocation work groups and members of the Core Team along with the champions of the Strategic Resource Management initiative—Dr. Diane Anderson, vice president for student affairs; Dr. Jennifer Bott, provost and vice president for academic affairs; and Jan Van Der Kley, vice president for business and finance—participated in a moderated panel discussion, and attendees had the opportunity to ask questions.
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Mass email from the Strategic Resource Management Initiative Core Team: Spring Town Hall Meeting invitation | March 13, 2019
Read the email in its entirety.
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WMU Today | March 12, 2019
Faculty and staff are invited to hear updates on the progress of the University's budget model development project from 10 to 11:30 a.m. Wednesday, March 20, in the Bernhard Center's South Ballroom. The project champions—Dr. Diane Anderson, Dr. Jennifer Bott and Jan Van Der Kley—as well as members of the Strategic Resource Management Core Team and the Cost Allocation and Resource Allocation work groups will participate in a moderated panel discussion. Attendees will have opportunities to ask questions via computer or text message; questions will be collected using the Poll Everywhere app. A video recording will be available online within a week after the event. Find more information or submit a question in advance online.
https://www.wmich.edu/budgetmodel
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Campuswide mailing of print piece: Fall Town Hall Meeting invitation | March 11, 2019
January 2019
WMU Today | Jan. 29, 2019
The Strategic Resource Management Cost Allocation and Revenue Allocation work groups have been meeting regularly. Visit the SRM website for an update on the groups' progress.
https://wmich.edu/budgetmodel/news
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Web update | Jan. 28, 2019
The Cost Allocation and Revenue Allocation work groups began meeting at the beginning of the fall 2018 semester. Each group has provided an update on its work thus far. Read the progress updates for the Cost Allocation and Revenue Allocation work groups.
November 2018
WMU Today | Nov. 1, 2018
A captioned video recording of the Monday, Oct. 29, Strategic Resource Management town hall panel discussion is now available online. The frequently-asked-questions section of the SRM website also has been updated and will be revised regularly to address questions from the campus community.
https://www.wmich.edu/budgetmodel/faq
https://wmich.mediasite.com/Mediasite/Play/174b0a14cf1b49beb96ee1e1af0086de1d
October 2018
Strategic Resource Management town hall meeting | Oct. 29, 2018
Members of the Core Team along with the champions of the Strategic Resource Management initiative—Dr. Diane Anderson, vice president for student affairs; Dr. Jennifer Bott, provost and vice president for academic affairs; and Jan Van Der Kley, vice president for business and finance—participated in a moderated panel discussion, and attendees had the opportunity to ask questions.
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Campuswide mailing of print piece: Fall Town Hall Meeting invitation | Oct. 25, 2018
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Feature in Western News: Fall Town Hall Meeting invitation | Oct. 24, 2018
Faculty and staff are invited to learn more about the new budget model development process at 11 a.m. Monday, Oct. 29, in the Bernhard Center's East Ballroom. Members of the Strategic Resource Management Core Team along with the champions of the initiative will participate in a moderated panel discussion. Find more information or submit a question in advance at wmich.edu/budgetmodel.
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WMU Today | Oct. 23, 2018
Faculty and staff are invited to learn more about the new budget model development process at 11 a.m. Monday, Oct. 29, in the Bernhard Center's East Ballroom. Members of the Strategic Resource Management Core Team along with the champions of the initiative—Dr. Diane Anderson, vice president for student affairs; Dr. Jennifer Bott, provost and vice president for academic affairs; and Jan Van Der Kley, vice president for business and finance—will participate in a moderated panel discussion. Attendees will have opportunities to ask questions via text message, which will be collected using the Poll Everywhere app. A video recording will be available online within a week after the event. Find more information or submit a question in advance online.
https://www.wmich.edu/budgetmodel
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Mass email from Strategic Resource Management Initiative Core Team: Fall Town Hall Meeting invitation | Oct. 16, 2018
Read the email in its entirety.
September 2018
WMU Today | Sept. 27, 2018
During his Sept. 14 State of the University address, President Edward Montgomery announced the launch of the Strategic Resource Management Initiative, which will develop a new budget model for the University. More information on the project, including its guiding principles, timeline and committee membership, can be found at wmich.edu/budgetmodel.
https://www.wmich.edu/budgetmodel
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Mass email from Strategic Resource Management Initiative Strategic Direction and Steering Committee: Introduction to SRM | Sept. 12, 2018
Read the email in its entirety.
April 2018
Mass email from President Edward Montgomery: Changes needed to current budget model | April 13, 2018
Read the email in its entirety.