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Rick Morton

πŸ‘€ Speaker
200 total appearances

Appearances Over Time

Podcast Appearances

7am
The powerful firms reshaping our universities

Why are you paying now?

7am
The powerful firms reshaping our universities

And what are you doing with the advice that you're refusing to tell us about?

7am
The powerful firms reshaping our universities

Yeah, that is their job and they should do it.

7am
The powerful firms reshaping our universities

Yeah.

7am
The powerful firms reshaping our universities

We have a fundamental structural problem with universities and, you know, to some extent they won't be financially sustainable while the government that funds and regulates them doesn't seem to care about their role in society.

7am
The powerful firms reshaping our universities

But VCs are paid, you know, something around a million dollars on average in Australia to do these jobs because we're told they demand an incredibly astute and sensitive skill set, which is to manage the academic environment

7am
The powerful firms reshaping our universities

and the rankings and the quality of the institution with the business of running such a large organisation.

7am
The powerful firms reshaping our universities

But university councils have even fewer oversight mechanisms than a corporate board.

7am
The powerful firms reshaping our universities

There are no shareholders to whom they're accountable.

7am
The powerful firms reshaping our universities

There is no publicly listed ASX meeting for these council members.

7am
The powerful firms reshaping our universities

The VC, particularly at the Australian National University, the VC can only lose their job if they resign or if the council rescinds it.

7am
The powerful firms reshaping our universities

It's pretty grim.

7am
The powerful firms reshaping our universities

And, you know, staff are already overworked and overburdened, particularly academic and professional staff, trying to just keep the wheels turning on these places that have been gutted.

7am
The powerful firms reshaping our universities

And, you know, they tend to get gutted every other four years.

7am
The powerful firms reshaping our universities

You know, there's always a restructure happening at a university at any given point in time.

7am
The powerful firms reshaping our universities

And, of course, university VCs didn't want to make these decisions on their own because there's so much political blowback

7am
The powerful firms reshaping our universities

within the organisation so they'd get these consultants in, but of course now they're very cranky that they're using these consultants.

7am
The powerful firms reshaping our universities

So then you've got Griffith University now just hiring the consultants as full-time employees.

7am
The powerful firms reshaping our universities

Someone told me to look at the Vice-Chancellor's office at Griffith, and there's two employees there who were hired directly from Nowth, who are principal consultants, who are now directing transformation within the Vice-Chancellor's office.

7am
The powerful firms reshaping our universities

So it's pretty grim.