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Friday, September 23, 2022

"Rev-Gen" Partnership

Did you get an email from Campus Human Resources touting a deal with Farmers insurance? It's not clear from the notice (or ad?) exactly what advantage is being offered. Discounts relative to regular rates? Something else?

All that is offered is an ability to get a quote on various types of insurance. Of course, you can go directly to an insurance company and get quotes, so there is nothing special there. 

Yours truly used the link provided to get a quote on auto insurance. The rate quoted didn't seem to be anything special. So, what's the deal?

The notice indicates that the offer is part of UC Partnership Programs. So, yours truly poked around on the web and found some information about these Partnerships. He eventually wound up on a webpage with the following text:

Developing new, sustainable sources of revenue is an important strategy being pursued at UC campuses to develop firmer and broader financial foundations. As part of the recently approved MCI for SupplyChain500, the President has approved funding for a 2-year pilot program to help campuses jumpstart their Revenue Generation (Rev-Gen) activities, with the goal of mobilizing multi-campus partnerships.

As a campus that has matured their Rev-Gen efforts, UC Berkeley will lead this charge in conjunction with UC Procurement, while facilitating all 10 campuses’ involvement. UC Davis and UC San Diego have also taken a strong lead in campus-wide partnerships so we have been consulting with them on a regular basis.

To drive toward these goals, we’ve hired new Rev-Gen Project Manager, Deborah Tallyn, who will start on June 4. Deborah helped set up Berkeley’s University Partnership Program (UPP) so she has very relevant hands-on experience in this arena. She has a passion for Rev-Gen, along with a background in higher education and the private sector, and will be a game changer for this program.

Deborah will work closely with the campuses through leads selected by each campus to spark maximum growth in Rev-Gen. So far, campus leads have been identified at UC Irvine, UCLA, and UC Santa Barbara. As we firm up the campus leads, we will more clearly define their roles and the engagement strategies to move this initiative forward.

Source: https://www.ucop.edu/procurement-services/uc-procurement-newsletters/spring-2019/jumpstarting-campus-revenue.html.

So, what we have here is "rev-gen" for the campuses, which to yours truly presumably means a payment of some type from the outside commercial partner to the campus for access. Now, yours truly can't say one way or another whether, if you use this service, you will get a good deal or a bad deal. But it's not clear that you will get a special deal. Caveat emptor.

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To hear the text above, go to the link below:

https://ia601402.us.archive.org/25/items/big-ten/rev-gen.mp3

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