During difficult financial times, tenured faculty have a greater sense of job security compared to non-tenured faculty of the same academic rank. Academia is out of date with societal measures of accountability and productivity. Tenure has created, at least symbolically, a sense of being untouchable. Tenure impedes the process of critical institutional strategic decisions that could enhance cost efficiencies, academic effectiveness, and program change that would be in the best interest of today's students, the university and the State.
Remember that tenure creates a lifetime employment contract between the university and the professor.