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Defining Futures for Agricultural Economics

Defining Futures for Agricultural Economics. Parr Rosson Professor/Extension Economist Director, Center for North American Studies Department of Agricultural Economics Texas A&M University. The Mission. “Accessible, Practical Education for the Public Good”. Research. Extension.

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Defining Futures for Agricultural Economics

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  1. Defining Futures for Agricultural Economics Parr Rosson Professor/Extension Economist Director, Center for North American Studies Department of Agricultural Economics Texas A&M University

  2. The Mission “Accessible, Practical Education for the Public Good” Research Extension Teaching Under Assault, But Highly Relevant Today

  3. The Setting • We Have a Strong Department • Increasing Demands on the Unit • Faculty Departures • Shrinking Budgets & Continued Uncertainty

  4. Challenges • Maintaining Program Excellence • Achieving Excellence in Others • Meeting Changing Needs of Constituents • Filling Current & Expected Faculty Vacancies • Expanding Our Resource Base

  5. Alternative Futures or Visions • Consistent Top 10 Department of Agricultural Economics? • A Nationally Prominent Department of Agricultural Economics? • The Status Quo? • The Nationally Prominent Department of Agricultural Economics?

  6. Administrative Approach • Vision Led & Mission Oriented • Emphasize Teamwork & Mentoring • Participatory, Soliciting Input & Feedback • Informed, Deliberate & Decisive • Build Synergies from Diversity

  7. Why is Synergy Important? • Work Together So that Output of the Unit is Greater than the Sum of Working Separately • Diversity of the Department is a Major Strength! • Large Number of Sub-Disciplines • Large Number of Faculty • Wide Geographic Dispersion Across the State

  8. Building Synergies • Shared Vision • Set Priorities • Appreciate What Each Other Does • Work Together for a Common Purpose Excellence in All We Do!

  9. Common Theme Across Teaching, Research & Extension • Create New Knowledge • Validated by Peers • Extended to the Public Increase Scholarship!

  10. Incentives & Rewards • Incentives • Salary Enhancement & Incentive Programs • Overload Pay • Salary Supplements • Rewards • Agency/College/University • Professional Associations • Stakeholder Groups • Salary

  11. Considerations for a Development Plan • Focus on Our Common Purpose & Priorities • Faculty Buy-In is Critical to Success • Solicit Input from Stakeholders • Forming Coalitions Important • Develop a Comprehensive Plan • Be Bold in Implementing the Plan!

  12. Development StrategyThree Pronged Approach Individual Opportunities Multi-State/ Regional TAMU/COALS New Initiatives Entrepreneural Program Focused Interdisciplinary Coordinated

  13. Considerations for Focus of Development Efforts Program Enhancement New/Emerging Programs Global Energy Infrastructure & Transportation Food Systems & Food Security in Latin America • Commodity & Financial Policy • Environment & Climate • Food Safety & Health Economics

  14. Final Thoughts • Capture the Synergies • Achieve Excellence through Scholarship • Focus on the Mission • National Prominence!

  15. Thanks for Your Attention! Questions?

  16. Recommendations of External Review Team • Need a Common Vision & Mission to Set Priorities & Allocate Resources • Align Budget Requests with Priorities • Consider Resources Relative to Academic Demands • Target Advanced Assistant &Associate Profs for New Hires in Teaching Program

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