Value Chain Management Based University Financial Management Innovation

With the fierce competition in the field of higher education, strategic management can help universities rationally seek ways to survive and develop themselves in the competitive environment. Universities in the times of strategic management require development of financial management with orientation of strategic. This paper tries to expand the content and extension of universities financial management from the aspect of value management. Based on the real situations of domestic universities and the research on university value information and relationships behind, the paper applies the idea of value chain management to integration of the data distributed in different functional departments of universities and creating an interactional value index system. In the upstream of value chain, coordinate the relationship between universities and environment through research on resource providers. In the downstream of value chain, lead the whole value chain management activities in universities with the orientation of strategic targets. Build up benign cycles between obtaining resources and realizing ideal of running universities, finally improve the core competitive competences of universities while maintaining sustainable development.The purpose of bringing forward university value chain management is to set up a new research platform for university financial management. Through the platform, it can refer the latest research results from enterprises and engraft them into university management. Meanwhile, I also hope the platform can be recognized by other scholars or counterparts, With their further research and continuous enrichment in future, the university financial management will make great progress in areas of upgrading universities'values and achieving strategic targets.