Action and Reaction
- Streamlined business practices and transparent reporting
- Consistent and effective organizational knowledge for informed decision making
Frame and Reframe
- The Chart redesign will provide meaningful data
- The backbone to the University – The redesign efforts focuses on the Chart as more than a financial tool
- The Chart will become a valuable and informative resource of organizational data
- Utilizing Chart elements as intended to align strategic efforts, valued resources in order to visualize and advance on mission-critical goals
Concept and Development
- “Single Source of Truth” – This redesign will result in informed decision making
- Will optimize organizational functionality through standardized reports
- Will allow for detailed reporting thus improving resource review
- Will enable informed conceptualization to fully realize unit initiatives
- Will accommodate and allow growth
Context and Principles
- The Patriot Chart, “Chart P” will provide alignment between administrative and academic data by utilizing The Chart “FOAPAL” elements as they were designed
- “FOAPAL” = the framework for financial transactions used to report on organizational resources
| FUND | Source and purpose of funding, informs use rules and restrictions | Program | “Why” is used to represent the function of the organization that the transaction supports | |
| Organization (Org) | “Who” is represented, aligning with operational and academic structure | Activity | Can be established to track unique activity within units or across the organization | |
| Account | “What” is used in reporting to represents the origin, identity or obligation | Location | Can be used to not “Where” the transaction will impact or related to the University |
Detailed definitions of the individual chart segments and principles for use can be found, here: