an interesting debate triggered at a recent teaching conference in the uk is linked below. it does frustrate me also that we've internalised so much non-sense language when talking about research and teaching though, on the flip side, nothing is more frustrating than seeing people badly manage scarce resources allocated to teaching and research so there is a balancing act with respect to use of management concepts applied to research and teaching. most management books even would advise that you shouldnt lose sight of what you actually set up the management structure for in the first place.
http://news.bbc.co.uk/2/hi/uk_news/education/7247160.stm
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