November 23, 2014

Shared Services Opportunities Teams Formed

Will seek cost savings without sacrifice of quality across A&M System

COLLEGE STATION, Texas – The Texas A&M University System today announced teams for its shared services opportunities initiative as directed by the Board of Regents. An initial report will be presented to the board at its Sept. 24-25 meeting.

“The shared services initiative will lead to reduced costs, economies of scale, increased expertise, and expansion of shared resources,” said Chancellor Mike McKinney. “We will maintain our commitment to the highest quality educational experience at Texas A&M University while working to keep control of costs for students and families paying the bills.”

The nine teams augment seven existing teams that coordinate administrative programs, such as treasury, information technology and state governmental relations. The initiative will be directed by Dr. Frank Ashley, vice chancellor for academic affairs and a former faculty member and administrator at the university, in conjunction with Greg Anderson, associate vice chancellor and treasurer for the A&M System.

The new shared services opportunity teams, and their leaders, were selected for specialized knowledge in the reporting areas. Committee memberships were named in consultation with Interim President Bowen Loftin and Faculty Senate Speaker Robert Bednarz. There are representatives from Texas A&M, the Faculty Senate, the faculty, system members and the System Offices. The membership list is attached. A full listing of team members, as well as other information and updates, also is posted on the “Shared Services Opportunities” page on the A&M System website:

The committees have begun immediate review of existing programs and procedures at the system and university levels to seek best practice models for use throughout the A&M System. Each team is charged with improving quality and efficiency, defining and seeking the input of stakeholders, operating with transparency, enhancing customer service, and maintaining an awareness of all consequences.

Board chairman Morris E. Foster has said that sharing services is critical “to trim costs in order to keep our flagship university affordable. Rapidly escalating operating budgets and tough economic times have combined to make prompt action necessary if we want to continue to attract the best and the brightest to Texas A&M.”

About the A&M System
The A&M System is one of the largest systems of higher education in the nation, with a budget of $3.04 billion. Through a statewide network of 11 universities, seven state agencies and a comprehensive health science center, the A&M System educates more than 109,000 students and makes more than 15 million additional educational contacts through service and outreach programs each year. Externally funded research brings in almost $676 million every year and helps drive the state’s economy.