PSU BOT Meeting Report: August 15th General Counsel Hire

PSU Mike

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Oct 6, 2021
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Thanks, Barry. Nice opacity once again.

I’m sure you’ve been asked this 103 times here, but is there ever discussion in the hallowed halls of the Board around every single academic quality, or at least ranking, system showing a marked and continuing slide? If so, is there a consensus it’s real, or is there general denial, or other?
 
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GrimReaper

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Oct 12, 2021
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“I did not receive satisfactory answers to my questions.”

The bot laughs at questions. 😞

How much did PSU spend on the “search process” only to promote from within?

Two search processes. Keep in mind that there was a search process to hire Oman as ethics and compliance officer, then another as General Counsel. Any bets on a third to hire a replacement for the now-vacant ethics and compliance job?

Gotta spend money to spend money, baby!
 
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“I did not receive satisfactory answers to my questions.”

The bot laughs at questions. 😞

How much did PSU spend on the “search process” only to promote from within?
*edited: ... only to promote the person they hired last year who was obviously selected to fill this spot?
 
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BobPSU92

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Two search processes. Keep in mind that there was a search process to hire Oman as ethics and compliance officer, then another as General Counsel. Any bets on a third to hire a replacement for the now-vacant ethics and compliance job?

Gotta spend money to spend money, baby!

What does the typical search process cost when hiring an outside firm? Ballpark?

Also, I sure hope Franklin and Oman are aligned. 🤡
 

GrimReaper

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What does the typical search process cost when hiring an outside firm? Ballpark?

Also, I sure hope Franklin and Oman are aligned. 🤡
Korn Ferry? Start at $100K. To give you a range, firms like that typically charge a third of the salary + bonus of the position. Dunham, the previous incumbent, pulled about $600K, so that brings us to $200K. Oh, add expenses to that, so add another $15K-$40K.
 

PSUFTG2

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Jul 1, 2023
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Thanks, Barry. Nice opacity once again.

I’m sure you’ve been asked this 103 times here, but is there ever discussion in the hallowed halls of the Board around every single academic quality, or at least ranking, system showing a marked and continuing slide? If so, is there a consensus it’s real, or is there general denial, or other?
I can only answer from my own perspective.

IMO, there are four things one can do in response to those plummeting rankings:

1) Pretend they don't exist/don't matter. Though they DO matter, even if the only reason is that other important people - Students/Parents/Faculty etc - think they do.

2) Adopt the stance that you are being singled out for unfair treatment, and try to attack their validity.

3) Try to figure out ways to "game" the system, and gig up the rankings without actually addressing any of the fundamental issues.

4) Use those rankings to help you take an honest introspective look - identify every area where you can improve - and work to effect those changes. One shouldn't need "rankings" to open your eyes, but if that's what it takes so be it.


IMO, Item 4) should be the key focus:
I am an ARDENT believer that the proper routes are to spend every available resource towards identifying and improving on the fundamental areas where you can improve. (Being fiscally sound, improving student outcomes, etc). Work to make the awful better, the mediocre good, and the good great - starting with the issues that are most impactful to the University's missions.

I am OK with item 3), but only if done righteously:
I am fine with, to the degree one can, trying to "influence" the system to present a case to the rating agencies that gigs up the rankings (since the rankings ARE important) - so long as that is done in ways that don't impede (or simply cover up) any true impactful metrics.
.
Items 1) and 2)? Those are for losers, lazy folks, and self-promoting hypocrites. No time for that.
 

BobPSU92

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Oct 12, 2021
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Korn Ferry? Start at $100K. To give you a range, firms like that typically charge a third of the salary + bonus of the position. Dunham, the previous incumbent, pulled about $600K, so that brings us to $200K. Oh, add expenses to that, so add another $15K-$40K.

Drop in the bucket. 😁
 

GrimReaper

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Oct 12, 2021
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Drop in the bucket. 😁
That's the kind of attitude PSU needs! Just remember that the Great Flood started with a single raindrop.

 
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LionJim

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Oct 12, 2021
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I can only answer from my own perspective.

IMO, there are four things one can do in response to those plummeting rankings:

1) Pretend they don't exist/don't matter. Though they DO matter, even if the only reason is that other important people - Students/Parents/Faculty etc - think they do.

2) Adopt the stance that you are being singled out for unfair treatment, and try to attack their validity.

3) Try to figure out ways to "game" the system, and gig up the rankings without actually addressing any of the fundamental issues.

4) Use those rankings to help you take an honest introspective look - identify every area where you can improve - and work to effect those changes. One shouldn't need "rankings" to open your eyes, but if that's what it takes so be it.


IMO, Item 4) should be the key focus:
I am an ARDENT believer that the proper routes are to spend every available resource towards identifying and improving on the fundamental areas where you can improve. (Being fiscally sound, improving student outcomes, etc). Work to make the awful better, the mediocre good, and the good great - starting with the issues that are most impactful to the University's missions.

I am OK with item 3), but only if done righteously:
I am fine with, to the degree one can, trying to "influence" the system to present a case to the rating agencies that gigs up the rankings (since the rankings ARE important) - so long as that is done in ways that don't impede (or simply cover up) any true impactful metrics.
.
Items 1) and 2)? Those are for losers, lazy folks, and self-promoting hypocrites. No time for that.
Well done.
 
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