I would like to abandon most of regulation and cut a lot of jobs in administration of said university. And then buy top notch to-be-professors' time by an hour

I would like to abandon most of regulation and cut a lot of jobs in administration of said university. And then buy top notch to-be-professors' time by an hour. Make them compete one against another if there's a choice. All kinds of paper-pushing regulations have to go now, along with people who carved nice positions for them to do said paper pushing, because it's public money completely down the toilet.