The new chancellor of the Texas A&M University System has authorized spending $250,000 dollars to determine what cost savings are possible.
Chancellor John Sharp this week announced hiring an outside firm to look at the system’s organizational, management and business practices.
14 proposals were considered. MGT of America, the consultant that was hired, according to its website, previously worked for 7 of the system’s 19 members including the flagship campus, along with 17 other state education concerns including five associated with the University of Texas.
Click HERE to be directed to the MGT of America website for its list of higher education clients.
For the A&M System, the chancellor says recommendations may include possible cost savings and staffing changes.
Specifically, according to a news release, “The review will include analysis of the A&M System’s current organizational structure, the alignment of functions and responsibilities, departmental functions, staffing levels, shared services and budgeting. Recommendations may include short- and long-term changes to the A&M System’s organizational structure, including possible alternative organizational charts; identification of organizational migration strategies; management reporting; possible cost savings; business practices; shared services provided and staffing requirements.”
It’s the first analysis of the A&M System in over five years. That would have occurred before Sharp’s predecessor, Mike McKinney, started his run as chancellor.
No timeline was announced for how long the study will take.