|
Guiding Principle
|
Definition
|
|
Advance FAU’s Mission
|
Work together as a team to create a dynamic model that advances FAU’s values and vision |
|
Enable Transparency and Simplicity
|
Provide visibility into sources and uses of funds and the drivers behind financial decision-making while fostering accountability |
|
Balance Predictability with Flexibility
|
Enable predictable, forward-looking financial planning, while balancing the whole with the sum of its parts |
|
Reward Innovation
|
Promote investment in operational and entrepreneurial activities aligned to strategic priorities that advances student outcomes and success |
|
Incentivize Growth/Improvement Commensurate with Quality
|
Incentivize enrollment, student credit hours, and other measures (e.g., research, state metrics) while advancing a culture that rewards performance |