A Guide to the Accountability Measurement System
The goal of the University of Missouri Accountability Measurement System is to provide transparency and accountability regarding the University’s overall performance. Closely tied to the University of Missouri System Strategic Plan, eighty measures are organized into five major themes:
- Teaching and Learning
- Research and Discovery
- Community Service and Engagement
- Economic Development
- Developing and Managing Human, Financial and Physical Resources
Data for the eighty measures will be reported for each campus. The campuses also have the option to add campus-specific measures. Each measure has multiple years of campus historical data, the current year’s data and data that represents a peer group average or facsimile. In some cases, peer group data are not available and/or another source of comparable data is more appropriate.
This information is used to help each campus set its three-year targets. To assess progress, the actual results for each measure are compared to the campus targets annually. The annual update is presented to the University of Missouri Board of Curators in January for the prior fiscal year.
Below is a brief description for each column in the accountability report:
FY07-FY11: represents data from July 1 to June 30 of that fiscal year
Indicators: a colored “stoplight” based on progress toward the three-year target or trend where there is no target (looking at FY07 & FY11):
Green: met/exceeded target or desirable trend
Yellow: work in progress or undesirable trend
Target: what the campus wants to achieve within three years or by FY12. The Target can be above, below, or at the same level as the baseline. In some cases the campuses might be striving to improve or sustain current performance. In other cases the campuses may be acknowledging a planned reduction in outcomes. Not all measures have targets. Some measures are provided for information on trends only.
Benchmark: represents the top performing peer institution in FY07. The availability of comparison data typically lags behind the most recent fiscal year. Benchmarks are provided for those measures where “best in class” has meaning.
Peer average: the arithmetic mean of the FY07 peer institution data and /or similar data source (e.g. Moody’s financial ratios). The availability of comparison data typically lags behind the most recent fiscal year. Peer averages are not provided for certain measures where the information would not be meaningful.
Data Definition/Notes: used to provide additional information and perspective of data being presented.