I have worked at three universities. This is pretty insanely accurate.
You left out one item though. The main role US institutions are trying to fill right now is: hire new faculty, have faculty pull in 5+ Million dollar grants in order to get tenure. After tenure, pull in multi-million dollar grants each year.
Teaching? Never heard of it. OH! That thing the actual customers are paying us for... yes, have graduate students or temporary emergency hires do it since all of our "real" faculty are bringing in research dollars.
You left out one item though. The main role US institutions are trying to fill right now is: hire new faculty, have faculty pull in 5+ Million dollar grants in order to get tenure. After tenure, pull in multi-million dollar grants each year.
Teaching? Never heard of it. OH! That thing the actual customers are paying us for... yes, have graduate students or temporary emergency hires do it since all of our "real" faculty are bringing in research dollars.