Carolina Counts was initiated by Chancellor Holden Thorp to carry out the key recommendations made in 2009 by the Bain & Co. business consulting firm and funded by the UNC-Chapel Hill Foundation. After taking a hard look at the campus operating structure, processes, staffing and expenses, the firm offered high-level ideas about how to make Carolina’s complex organization more efficient.
It plays a key role in the University’s budget strategy by serving as a resource to help make wise, informed decisions that lead to administrative cost efficiencies.
Since January 2010, Carolina Counts has engaged the units, schools and departments to delve into options for cost savings in the 10 areas identified in the consultant’s report. Working with campus leaders, Carolina Counts has explored and identified operational improvement initiatives and ways they could be implemented. As of January 2013, 111 of 165 initiatives have been completed, resulting in more than $54 million in reduced recurring annual state costs.