ABSTRACT

It sometimes appears that first-level managers spend an inordinate amount of time managing people. As the management ladder is climbed and you become a middlelevel manager, you become progressively more concerned about the management of money. Once that happens, it seems that there is a black financial cloud constantly hanging over your head. College presidents have been called glorified fund-raisers. Deans calmly tell their faculty that new equipment cannot be purchased and that open positions will remain open. Animal facility managers get caught in the bind of balancing their budgets by decreasing services or increasing fees. And it’s not much different in the corporate world. Somebody is always telling you that money is tight; you have to cut back.