PRIVATE PRACTICE AND CONSULTATION Sample Clauses

PRIVATE PRACTICE AND CONSULTATION. The Board encourages faculty members to participate in outside professional activities that contribute to their professions, to the broader community, to the expansion of South Dakota’s economic and cultural resources and generally to the system’s public service mission. Engagement with the outside community is also an important component of the academic enterprise and one way in which faculty members and other researchers maintain contact with research directions and priorities that exist in the private sector. This knowledge also guides faculty members in preparing students for careers in the private sector. Although consulting may enhance faculty member service in their instructional and research roles, the consulting process also harbors the potential for diversion of faculty member effort from primary activities and responsibilities. Consequently, the prerogative of engaging in consulting activities is subject to checks and balances to assure that authorized consulting serves the larger goals of the State, its institutions of higher education, including faculty development, without compromising the timely, effective performance of primary responsibilities. 1. For purposes of this Policy, consulting is defined as professional activity related to the faculty member's field or discipline, where a fee-for-service or equivalent relationship with a third party exists. There are many types of consulting relations and fee arrangements. The principle is that, in consulting, a faculty member agrees to use professional capabilities to further the agenda of a third party in return for compensation. A faculty member serving as consultant may be on the client's payroll, work as an independent contractor, or receive non-monetary valuable compensation – goods, services, property or use of property – in return for services rendered. Consulting may take many different forms, including, without limitation, service on a board of directors; expert witness testimony; report preparation. Neither the form of compensation nor the capacity in which service is offered defines consulting under this policy. Instead, consulting subject to this policy occurs when a faculty member (a) works to advance the interests of a third party: (b) makes use of some knowledge, skill or experience essential to the faculty member's University position; (c) does not represent the University in the activity; and (d) none of the four categories of exclusion below applies. Several types of faculty ac...