Enhance our ability to identify marketplace needs and opportunities, create programs and partnerships that meet those needs, and launch those initiatives effectively.
Proverbs 27:17 NLT
As iron sharpens iron, so a friend sharpens a friend.
Success Measures:
These success measures will require us to focus strategically on community-college partnerships and on the particular new, existing, and joint programs that are most likely to attract students to the university.
Furthermore, we will need to do so without increasing our discount rate. We must diversify our revenue streams and, in particular, reduce the University’s reliance on traditional undergraduate tuition revenue.
- Enrollment and Average Net Revenue Per Student in existing and new programs that have been targeted for enhanced marketing and recruitment efforts, and in joint programs with other institutions.
Success Outcomes:
- Conduct 3-5 new program feasibility studies per year.
- Conduct at least 4 existing program reviews per year, including review for revitalizing or sunsetting.
- Achieve a 3-year > 25% success rate concerning projected headcount and revenue benchmark on all new programs.