What is RBB?
Revenue-Based Budgeting (RBB) at Clemson aligns budgets with accountability and responsibility. By encouraging smart revenue growth and expense management, RBB incentivizes innovation and entrepreneurship across our University while maintaining a focus on our mission of teaching, research and service to drive excellence.
Here are some defining characteristics explaining what RBB at Clemson is and what it is not.
RBB IS:
- More transparent than Clemson’s current process
- A model that supports transparency, accountability and strategic decision making
- A proven strategy ensuring quality standards of service
- A model that allows for gradual changes over time to create predictable and meaningful impact
- Simple to articulate
RBB IS NOT:
- A static budgeting model
- An automatic model that runs the University
- A panacea or a cure-all
- A model that requires an overnight shift in approach
- Complex and difficult to understand