There has been a remarkable surge in Artificial Intelligence (AI) usage, generating a significant amount of news and interest. The utilization of ChatGPT has skyrocketed, and new tools emerge regularly, aiding in the creation of images, videos, music, and short films. Microsoft has introduced their co-pilots to assist with code generation, writing Word documents, creating […]
READ MOREAccording to a recent IFAC report, only 24% of companies with plans to reduce or offset Greenhouse Gas (GHG) emissions factor in past or future expenses for implementing those plans. This suggests that 76% of companies are pretty much flying blind when it comes to the costs of executing plans to reduce emissions, we want […]
READ MORELast week, I read a blog post by Alex Usher titled “Reducing Work” where he suggests some ways universities can make teaching more efficient. These include: Driving down the real cost of wages by keeping wage rises below inflation, Dropping the average rate of pay per instructor, by increasing the sessional teaching load, Changing the […]
READ MOREOK, so I’m a little late with my “Best Of 2022” post, given it’s almost the end of January now, but I believe I’m still allowed to say “Happy New Year” as long as I post this in January it’s all good! So, Happy New Year to you all. I’ve analyzed the data for […]
READ MORETLDR The annual budgeting process is broken but can be fixed using centuries old techniques. Using demand for products/services to create budgets, not last year’s budget as a baseline. The critical component is to properly calculate fully-burdened Unit Costs. The budgeting process can be changed in stages, starting with Academic Program financial forecasts. It’s important […]
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