“Introduction to Responsibility Center Management” Workshops Now Available
Matt Fajack, Vice President and Chief Financial Officer
As part of the university’s transition to a Responsibility Center Management budget system, the Office of the Vice President and Chief Financial Officer will conduct several “Introduction to RCM” workshops this fall.
Responsibility Center Management (RCM) is a new budget system to which the university is currently transitioning. RCM decentralizes decisions and financial authority/responsibility to academic leadership and encourages academic units to take greater responsibility for revenue generation and spending decisions, promoting “entrepreneurial thinking.” It is designed to support growth even when government funding is limited.
These “Introduction to RCM” workshops are designed for anyone who is interested in learning more about RCM—both faculty and staff—and will be held throughout September. The workshop will introduce the new budget system, explain why a different budget system is being implemented, define key concepts, and describe the expected impact of RCM once it is fully implemented.
In October, more detailed training will also be available—for which this “Introduction to RCM” workshop will be a prerequisite; therefore, anyone with budget responsibility for a college or department is encouraged to attend this introductory workshop. An online version of this “Introduction to RCM” workshop will be available later this fall.
If you are interested in attending, please register with UF Training and Organizational Development via the myUFL system at https://my.ufl.edu, My Self Service, Training and Development, Request Training Enrollment. Search for course number RCM100.