Goal Statement 3: Optimize Resources

Objectives & Action Steps

  1. Achieve optimal student enrollment through strengthened recruitment and retention efforts to ensure efficient and cost-effective utilization of all organizational assets and resources.
    1. Determine optimal net tuition revenue necessary to support the strategic plan, using higher education industry forecasting models for varied populations.
    2. Effectively use targeted marketing strategies to promote our most distinctive academic programs and the associated programming designed to attract the best students to those programs.
    3. Leverage institutional aid as part of distinctive academic program/programming promotion.
    4. Strengthen academic skill level and academic performance by expanding the curricular and support offerings of the Academic Learning Center and review the coordination and integration of similar services across campus.
    5. Analyze revenue generating current and new student markets /profiles.
  2. Clearly articulate organizational identity to strengthen partnerships and external fundraising initiatives required to enhance/increase institutional resources.
    1. Provide opportunities for engagement and collaboration for students, alumni, donors, and the community
    2. Continue to engage individuals, corporations and organizations in partnerships and collaborations that advance the mission and values of the College by providing strategic support.
    3. Secure necessary funding for strategic priorities.
  3. Provide adequate physical resources necessary to support the College's overall learning and working environment.
    1. Develop a comprehensive facility master plan.
    2. Develop an technology infrastructure/hardware plan through Fiscal Year 2017 to meet the growing needs of students and employees of the College.
    3. Develop a preventative and deferred maintenance plan.
  4. Allocate and effectively budget institutional resources to support the mission, strategic goals and anticipated growth through the use of evidence-based decision-making and best practices.
    1. Develop a priority funding matrix that captures key strategic planning and divisional Overarching Development Plan priorities.
    2. Provide targeted funding to support the divisional strategic plan objective with funding being allocated based on availability and priority.
    3. Develop an incentivized plan that achieves the short-term financial objectives of the College to ensure long -term sustainability.
    4. Explore the possibility of collaboration with other Colleges to realize synergies.
    5. Develop a financial analysis tool to assist with determining the feasibility of existing and new programs services throughout the College.
  5. Provide optimal human resources by recruiting, developing, retaining and rewarding high quality faculty and staff to enhance the strength, vitality and agility of the institution.
    1. Develop an optimal staffing profile by department/functional area to be used in the hiring/recruitment process.
    2. Reward outstanding performance, review salary compression for faculty and staff and provide the training services to enhance program quality.
  6. Increase the use of technology as a comprehensive teaching and learning tool and to promote high levels of organizational effectiveness and efficiency.
    1. Identify and acquire appropriate technologies to support innovative and up-to-date programs and teaching pedagogies.
    2. Utilize technology to improve administrative services and communication.