Word: banking
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When implementing recent budget cut decisions, the administration has appeared somewhat closed to outside influence. Thankfully, there may be a remedy to this glaring problem. FAS has now launched an online Idea Bank inviting students, faculty members, and the community to submit their budget cut ideas and rate those of others. Administrators have already successfully halved the FAS deficit, bringing it down to a more manageable $110 million from the original figure of $220 million. Now they are asking the broader Harvard community to have a role in coming up with possible additional cuts...
...students and the community to take this opportunity to voice their opinion and be a part of the budget cut process. Many were quick to criticize the University on the lack of transparency in their decision-making process when it announced its first round of cuts. The Idea Bank is a great opportunity to remedy this. The site makes it very easy for users to contribute, as it is well-designed and simple to use. Ideas can be posted anonymously, and viewers can then rate each idea on a 1-to-5 star scale. Users can even comment on posted...
...administration has made important progress in incorporating student opinion into this difficult process. Now it remains up to students and the community to make sure this bank can keep FAS from going bankrupt...
Announced on September 15th at an open forum meeting conducted by FAS Dean Michael D. Smith, the Idea Bank, now in its second week of existence, also includes a feature by which site visitors can comment and rank the proposals that have been posted. A “Top rated ideas” tab on the site brings users directly to a list of proposals that have received the highest user rankings on a five star scale...
None of the ideas on the Idea Bank site have yet been implemented, because it has only been a short period since the site was launched, wrote FAS spokesman Jeff Neal in an e-mail to The Crimson yesterday. Neal added that the highly rated recommendations deposited on the Idea Bank will be reviewed by the working groups currently tasked with considering ways to cut costs in the various FAS divisions...