CONCORD UNIVERSITYPO Box 1000

Athens, WV 24712-1000Phone: 304-384-3115 • Fax: 304-384-5165

E-Mail: president@concord.edu • Web: www.concord.edu

Strategic Plan 2015-2020

FINAL REPORT

September 29, 2014

EX

Bac Cre Stru Sce Alig The Prio App App App

XECUTIV

ckground

ating a Sh

ucture and

narios/Fr

gnment w

e Strategic

oritization

pendix A -

pendix B -

pendix C –

VE SUMM

hared Fut

d Process

ramework

ith State

c Plan and

n

- Committ

Summary

– Five Yea

MARY CO

ture Vision

s

k

Master Pl

d the Con

tee Memb

y of Comm

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ONTENT

n (SFV)

lan

ncord Busi

bership

mittee Me

s Model P

TS:

iness Mod

eetings

Projection

del

n

STRAT

Page 2

Page 2

Page 4

Page 4

Page 10

Page 10

Page 14

Page 16

Page 18

Page 20

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TEGIC PLAN5

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TEGIC PLAN6

cord wouldcluding K-nerships n addition,ted complete y also amless pathesult of its ty.

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11. Demons

This scethe incrgoals pothat woutheir frerequirem The Steeand for The defiempowehelps stucommunknowledevery Cothe Progtheir maregardedpracticaopen to Concordespecialwill alsothat we or profe

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strate Valu

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al ways to m them, and

d will prepally in our pro prepare st will prepa

essional sch

erforming itng areas:

. Create acampus

. Establishroles in a

. Identify propositi

ue Proposit

rged from cand from sion, the Co students toar. These peach degree

mittee definmarketing eA liberal aruals by prepvelop strongnalysis and lls in real-wcation andneral Studigram. In adamong the

make stude to begin d

are its studerofessional tudents forre studentsool) or self

ts due dilig

tangible, e

h clear goalachieving asuccess stoion

tion

conversatiotudents an

ommittee do career an

pathways coe, networki

ned “careeexternally arts educatioparing themg and trans problem-soworld settin provide thes, which addition, Co Liberal Art

ents aware odoing so verents for a l programs,r potential s for a lifetf-administe

ence, the C

easily acce

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er focused land shared on providesm to deal wferable intolving skillsngs. The Libhe foundatiall Concordoncord offets and Scienof the carery early in tlifetime of an initial jcareer cha

time of furtered.”

Committee

ssible Cent

ectations foting the newts and appr

Concord’s vto provide creating patccalaureatee mandatoumni, and c

liberal arts it with thes students w

with compleellectual as, and to deberal Arts aon for succ

d students mrs majors inces. Concoeer options their time a professionajob after gr

anges later ther educat

e developed

ter for Care

or student, w value proropriate ma

value propoclear opporhways for ee educationry experiencareer asse

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d tactics fo

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cused on th

d Liberal Ar

d staff rega

promote th

TEGIC PLAN7

ecognizing o student ee program eginning inng

urposes discussion. e and hange. It ch as y to apply

ponent of y inform dless of raditionallyrete ) of study this effortclude, r programs erstood g. graduate

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rts on

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2

2. Deepen

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a. S

After pedevelop

1

2

3

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the Curren

mmittee felc partnershyear publicto reduce cticulation as to move fe experiencg professioty will also

g its new vaon goal. Fin town/gownff.

trategic Pa

erforming ited tactics f

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ncrease Re

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nt Market

lt that a rohips with arc and privatcost and incagreementsfluidly betwce at Conco

onal schoolso need to inalue proposnally, invesn relationsh

artnerships

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ng partnersmissions proonal develo opportunitnstitutions ng partners

amless Edu

ne and corrring and moent, flexibin top progra

etention

better data, projection

bust futurerea educatite providercrease servs to create ween instituord. Theses, to providncrease retsition and ntment will hip with th

s

ence regar the follow

ships with oograms, coropment, andties to show

s to suppor

ucational P

rect possibloving throulity in geneams of tran

a analysis sn and moni

e for Concoion entitiesrs. These pvice levels. truly integutions and e partnershde a seamleention rate

new student need to bee goal of at

rding stratewing areas:

other institre course ad shared 'spwcase Conc

rt student “

Pathways

le “pain pough their Coeral educatnsfer into C

structures fitoring of re

ord would lis, includingpartnership In additiograted educcomplete tips may als

ess path fores to achievt support se made on ttracting a

egic partne

tutions of hrticulationspecialty' facord and fo

“career foc

oints” in theoncord caretion and advConcord and

for determietention ta

ikely includg K-12, comps could incon, Concordcational patheir underso include gr Concord gve its stratetructures tthe main cnd retainin

rships, the

higher educs, 2+2 agre

aculty ocus on stak

cused” need

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ining and dargets

STRAT

de strengthmmunity colclude shared could movathways, allrgraduate agraduate ingraduates. egic growth

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ng students

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the transfe

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TEGIC PLAN8

hened llege and d services ve beyond lowing and nstitutions,The h goals, ish this in the , faculty

e

e form of hared

at likely

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ng

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3. Expand

This sceand beyadditionPlanningConcord

a. Off S

12

4. Enhance

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On Campus,

1. Increasequality

2. Create afacilitiecommun

Town Gown1. Establis

offering

d Into New M

nario focusond Athens

nal investmg Committed beyond th

Site and Vir

. Increase

. Increase

e Reliance

zing the cuare for a fines on its ow

n, the Unive

h retention te a comm services to services e/expand oreer-focus 

, including

e resourcesof student a plan of fi

es and to prnity

h joint eve

gs for stude

Markets

sed on grows and Becklents in Bec

ee did not rhe Athens a

rtual

number of number of

on Self-Ge

urrent downnancial futuwn. This incersity will l

targets at ittee to foc

Veterans, t

n-campus e

g Housing a

s for studen activities anance to a

romote util

ents with thent, faculty

wing Concoey via more

ckley to caprecommendnd Beckley

f full prograf on-line off

enerated R

nward trendure that is cludes tuitilikely need

the divisiocus on rete

transfer stu

employmen

and Residen

nt activitiesand create ddress capiization of C

he Town of Ay, staff and

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ams at the ferings

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d in State f more depeion and fee to pay mo

n/departmention issue

udents, and

nt opportun

ntial Life

s in order t a more vibital needs fConcord fac

Athens to e town resid

t by offerinvirtual” offee of the maion of any .

current Be

funding supendent on res, auxiliaryre attentio

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nities for st

to enhance brant campfor studentcilities by t

enhance sodents

ng more proerings. Whrket there,new physic

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STRAT

ementation

need of aca

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ocial and cu

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University mhich the Uniand fundraieturn on inv

TEGIC PLAN9

n of best

ademic

gned with

ity and

nd campus r Athens

ultural

g in Beckleyting egic ns for

may need iversity ising. In vestment

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STATE MAS

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ancial aid a of new straoff-site and

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SS MODEL

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multi-year f

rtfolio to id

: 1) identifio mix

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dentify opp

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was paid tlan focusesth the Stat

and yield tners fferings

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hrough Concd Liberal A

gic investm

model – “enfiguration w

TEGIC PLAN10

enarios

portunities

nities for

o the States on three te Plan in

cord’s newArts”

ments will

hancing was

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threcrea To teyear Concenroself-

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cord’s busiollment and-generated

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Tuition p Resident Increase Annual 2 Continue

ure 1, Reve

o develop ave fund for

d’s ability ta model of

ness modeld pricing, c resources.

net enrollms price increat enrollmene in annual 2% increaseed decline

enue by So

18%

a balanced the Univer

to achieve revenue an

l projectioncombined w. The mode

ment growth

ase of 5% ant of 950 giving to the in salaries in State su

ource

22%

14%

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Revenu

State Governm

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Pell Grants

budget morsity; and 3

these threend expense

ns are builtwith a changel specifica

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annually

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upport, from

25%

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ue By Sour

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odel that re3) to fund t

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t upon a fouge in the mally assume

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ion to reachfits m 25% to 19

rce (%) - F

ations Tuitio

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educed relihe strategi

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undation ofmix of resoues the follow

% to reach a

h $200,000

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FY 13 and

on & Fees

ts, Contracts &

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ance on Staic plan.

ls, the Univn in Append

f conservaturces from wing:

an FY 2019

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revenue

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& Other

STRAT

ate funding

versity creadix C.

tive growth State-prov

goal of 2,8

TEGIC PLAN11

g; 2) to

ated a five

h in ided to

800 FTE

N 1

In reeme

1

2

3

Givereseinstiday-resemillia 10

Despbe aapprConcacadgeneiniti

eviewing therge:

1. Concordallocatio

2. A restrureserve

3. Funding

en the oppoerve for theitution, how-to-day opeerve of 10% ion reserve

0% target.

pite the poable to generoximately cord will nedemic portferating proatives that

he five year

d continues on in order cturing of r of $1 millio for investm

ortunities fe Universitywever, deperations and for an inst

e by FY 201Even at thi

sitive featuerate new $4 million eed to initifolios. The

ograms, effit would bet

r projected

to adjust t to providerevenue anon; and ment in the

or additiony may be chends in pard seasonal titution. Th9 – far less s lower tar

ures of the resources t over the piate severae goal of thiciencies, atter support

d revenue a

to the chane a balancednd expense

e strategic

nal investmhallenged inrt on the ab cash flowshe current than the arget, Conco

business mto fund its slan’s five yl reallocatiese studies

and the reat Concord’s

and expense

nging externd budget; could furth

plan is limi

ent in Concn some parbility to pro. Best prac business mapproximateord will be w

model projestrategic p

year life (Taion studies s would be allocation os mission an

e model for

nal environ

her allow fo

ited.

cord’s operrts of the caovide sufficctice would

model projeely $4 milliwell served

ection, it aplan initiativable 1). Gi for its adm to identify

of existing rnd the succ

r Concord,

nment in St

or the crea

rations and ampus comcient liquidd suggest cction looksion that mid by enhan

ppears unlives, estimaven this lac

ministrativey opportuniresources tocess of its s

STRAT

several fin

tate resourc

ation of a li

facilities, mmunity. A d resources reating a ms to achieveight be realcing its liqu

kely that Cated to be ck of new r

e services aties for incoward strastudents.

TEGIC PLAN12

ndings

ce

mited cash

creating a healthy to support

minimum e a $1 lized underuidity.

Concord wil

resources, and come tegic

N 2

h

t

r

ll

Tabl

P

WhilalloccapiConcor dto coincre

V

S

S

R

T

S

N

B

T

le 1

Projected S

le significacated over ital spendincord’s retuecreased aome from rease in tot

Value Propos

Strategic Part

Seamless Pat

Retention

Town Gown

Student Hou

New Market

Business Mo

TOTAL

Strategic P

nt, the tota time, allowng at an aprn on inves

as those retreallocatedal spending

sition

tners

thways

sing

s

odel

Plan Five Ye

al five yearwing the inpropriate pstment (enrturns are red resourcesg at Concor

ear Investm

r investmenstitution to

pace. Secorollment grealized. Fin. As such, trd.

Total

6              

2              

4              

              

2              

              

2,3          

              

4,0$        

ment Costs

nt envisioneo absorb neondly, the arowth, net nally, muchthe strategi

Pers

656,500       

219,872       

469,000       

25,000        

230,000       

8,000          

390,600 2      

80,000        

078,972 3$    

s

ed under thew positionallocation orevenue, g

h of the funic plan inve

sonnel  Op

656,500      

149,872      

365,000      

‐               

‐               

‐               

2,071,600   

‐               

3,242,972 $

he strategis, operatin

of these resgiving, etc.)nding for thestments m

perating C

‐              

70,000       

104,000     

25,000       

200,000     

8,000          

186,000     

80,000       

673,000$      

STRAT

c plan woung investmesources can) and eithehe plan is amay not rep

Capital

‐              

‐              

‐              

‐              

30,000        

‐              

133,000     

‐              

163,000$   

TEGIC PLAN13

uld be ents and n be tied toer increasedanticipated present an

N 3

o d

PRIO The impathe real Valu

Stra

Seam

ORITIZATI

Committeeact. Thesestrategic plocation st

ue Proposit

1. Csein

2. Rim

3. Id4. D

lecineAa

5. Ua

ategic Partn

1. Idin

2. Cag

3. Cto

mless Path

1. Cp

ION

e focused ie phase 1 i

plan could brategies fo

tion

Create a Ceervices cennformation Revise job dmplement tdentify exaDevelop theearning expareer focusnclude intemployment

Advancemenppropriate

Utilize existcademic pr

ners

dentify eduncludes feeCreate partnrticulationsraduate pro

Create Memo prepare n

ways

Conduct polathways; in

ts phase 1 nitiatives wbe built, whr the FY 20

nter for Canter, trainin distributio

description the Univers

amples of ae requiremeperience prsed, experi

ernships, ext that relatnt), researc for individting career rograms.

ucational ineder high scnerships w/s, 2+2s, shaograms.

morandums onon-traditio

licy audit tonvolve stak

recommenwere felt tohile allowin016 budget

areer Focusng site for fon/sharing. for VP/Acasity's careelumni in alents for all rior to gradential lear

xternships, tes to possich opportundual discipli fair to show

nstitutions tchools and /other instiared profes

of Understaonal studen

o determinkeholders in

dations on o create a fng Concord and beyond

ed Liberal Afaculty and ademic Dear focused lil major fiel students touation. All ning as par student teable career nities, and ines. wcase care

to maintaincommunityitutions of ssional deve

anding withnts for bett

e policies tn designing

initiatives foundation time to imd.

Arts on camd staff, spac

an to refleciberal arts lds who havo have an i students wrt of their caching exp paths (e.g other simi

eer focused

n contact vy colleges. higher eduelopment,

h area Adulter college

that may p acceptable

that had n upon whic

mplement it

mpus, whicce for stude

ct a primary value propve had succnternship o

will participcurriculum.periences, c., graphic alar activitie

d liberal art

ia mail, em ucation with shared 'spe

lt Basic Edu success.

rohibit/lime alternativ

STRAT

o cost or ah the futurts strategic

ch includes ent meetin

y responsibposition. cessful careor experienpate in 6 "u. These uncampus studarts for Admes that are

ts througho

mail, visits.

h core courecialty' facu

ucation (AB

mit seamlessves.

TEGIC PLAN14

lower costre work of c

the careerngs and

bility to

eers. ntial nits" of its may dent missions or e

out all

This

rse ulty, and

BE) centers

s

N 4

t

r

Rete

Tow

Off

Busi

2. Csese

ention

1. Cim

2. R3. E

wn/Gown

1. Cb

2. C3. In

p

Site/Virtua

1. Id2. Id

iness Mode

1. C2. E

Conduct focervices/proervices are

Conduct neemprovemenRevive the Rstablish div

Co-sponsor aands; stree

Create an acncrease awrovided on

al

dentify acadentify aca

el

Complete anstablish ba

cus groups/ograms, and needed).

eds assessmnt. Retention Cvision/depa

an event wet fair in faction plan fareness of campus an

demic progdemic prog

n Academicseline and

surveys to d perceptio

ment and on

Committee artment lev

with Athens all and sprinfor improve the benefind within th

grams for fugrams for o

c and Admin targets for

identify paons of curre

ngoing data

to utilize avel retentio

and Concong. ed customets of living he residenc

ull programon line offer

nistrative Pr deferred m

ain points, aent service

a analysis t

and assess bon goals an

rd, e.g. loc

er service t on campusce halls.

m offering aring.

Program andmaintenanc

awareness s/programs

to determin

best practicd strategie

cal micro-b

to studentss as well as

at Beckley s

d Service Rce.

STRAT

of s and what

ne needs an

ces. es for reten

beer and wi

. s the facilit

site.

Review.

TEGIC PLAN15

other

nd areas of

ntion.

neries, and

ties

N 5

d

AppeListin

SWOTChucMohaAlece Stee CharCharMarshRick ChucMarjiKevinJacqAmy Jane SarahSusan

Full SThe Findiv Mem AliceDavidCherySarahKevinCodyCaroFredeChar Tom RyanElliotSally Gary TracyJosepCathy

endix A ng of SWOT a

T Committeeck Elliott an Pokharel ea Standlee

ring Committ

les Becker les Brichford hall Campbel Dillon ck Elliott ie Flanigan n Garrett ueline Nottin Pitzer Smith h Turner n Williams

Strategic PlaFull Strategicviduals listed

ber

e Hawthorne-Ad Ball yl Barnes h Beasley n Bennington y Boone lyn Cox erick Davidsolotte Davis

Ford Hallows t Hicks Howard Hylton y Luff ph Manzione y Matherly

and Strategic

e

tee

ll

ngham

anning Commc Planning Cobelow:

Allen

on

c Planning Co

Chief InfoAssistant Assistant

Vice PresProfessor

Director Vice PresChief InfoVice PresAthletic DChief EnrEditorial Vice Pres

Director Associate

Faculty S

mittee mmittee incl

Represe

Sciences,Fine ArtsDean’s ORetentionFine ArtsStudents ClassifiedBusiness Business

Sciences,HumanitiChairmanSocial SciClassifiedSocial SciHumanitiClassified

ommittee Me

ormation Tec Professor of Professor of

sident of Busir and Chair ofof Human Resident of Admormation Tecsident of StudDirector rollment Mana Assistant/Resident and Acof Alumni Aff

e Professor anSenate Preside

udes all the m

enting

, Mathematic ffice & Divisin and the Aca d Staff Division Division

, Mathematicies n of Board of iences d Staff and BOiences ies d Staff

embers

chnology Offic Management Sociology

ness & Financf the Divisionsources, Chai

ministration &chnology Officdent Affairs &

agement Offipresentative

cademic Deanfairs and Execnd Chair of thent/Director

members of t

s and Health

on of Educatiademic Succe

s and Health

Governors

OG Member

cer t

ce of Humanitieir of the Stra

& Associate Decer

& Dean of Stu

icer of the Classi

n cutive Directhe Division of of the Beckle

the Steering C

ion ess Center

es tegic Planninean of Studen

dents

fied Staff

or of the CU f Social Sciencey Center

Committee in

STRAT

ng Committeents

Alumni Assocces/

n addition to

TEGIC PLAN16

es

ciation

the

N 6

Full S Mem TammDavidBraceTerrySusieChelsConnGerryPam

Strategic Pla

ber

my Monk d Moore e Mullett y Mullins e Rogers sey Rowe nie Shumate y VonVille Wallace

anning Comm

mittee - Conti

Represe

AdvancemStudents BOG memEducationBoard of Students Library Physical PStudents

inued

enting

ment and Car mber n Governors m

Plant Directo

reer Services

ember

or

STRATTEGIC PLAN17N 7

AppeSumm OctoThe Pand sConcestabproceproce The afinanenhato aid A fraand a FebrThe Sagenbusinand c FebrThe CUnive FebrThe Sfinali MarcThe Sto pl MarcThe Sand sinstitPresidiffe MarcThe Sfocus AprilThe Spartnthe c

endix B mary of Stra

ober 10, 2013President orgstudents examcord’s responsblished deliveess, and timeess and other

attendees dencial situationanced transpad in student r

amework for aa Steering Co

ruary 4, 2014Strategic Planda. The full S

ness models tconfirm a com

ruary 5, 2014Campus Wideersity campus

ruary 25, 201Steering Comize a descript

ch 4, 2014 – SSteering Coman the meeti

ch 13, 2014 –Steering Comscenarios, inctutions are deident of Businrent financia

ch 27, 2014 –Steering Comsed liberal ar

l 4, 2014 – StSteering Comnerships and wcampus-wide

ategic Plannin

3 – Strategicganized a retrmined the cuse to that enverables undereline for a strr planning init

veloped a shan, an integratarency and darecruitment a

accomplishingommittee whi

4 – Strategic nning SteerinStrategic Planto test the futmmunication

4 – Campus We Launch mees, shared the

14 – Strategimmittee met ttion of the sc

Strategic Plammittee met t

ng schedule g

– Strategic Pmmittee begancluding deterefining themsness and Finaal scenarios.

– Strategic Cmmittee contirts” and discu

trategic Commmittee conti

ways to impr update meet

ng Committe

Planning Rereat on Octobrrent externavironment, inr a proposed srategic plannitiatives at Co

ared vision ofted campus cata availabilitand retention

g these goals ch would exp

Planning Steg Committeenning Committure vision st plan.

Wide Launch eting presente planned proc

ic Planning Sto discuss reficenarios defin

anning Steerito finalize thegoing forward

lanning Steen to plan the mining what selves as “carnce agreed to

ommittee Stnued to perfo

ussing how to

mmittee Steenued to perfoove retentionting.

ee Meetings

etreat ber 10, 2013, al environmennitiated the dstrategic planing process, aoncord Univer

f the Universiulture, more ty, improved n.

was establishplore the inte

eering Comme met to devettee met in oatements, co

Meeting ed the findingcess with the

teering Commining the shaned by the Str

ing Committe description d.

ering Commit due diligence is financially reer focused o create a fin

teering Commorm its due d create seam

ring Commitorm its due dn. It also pla

at which attent of higher edevelopment nning processand examinedrsity.

ity which incl faculty with technology, a

hed includingerests express

mittee and Fuelop a plan oforder to develonfirm proces

gs of the Strae campus com

mittee Meetred future visrategic Plann

ee Meeting of the shared

ttee Meeting e that it need feasible. Thliberal arts”

nancial spread

mittee Meetiiligence on thless educatio

ttee Meeting iligence on thnned for the

endees compeducation nat of Concord’s s, determinedd the relation

luded an exp an improvedand improved

g the creationsed by the St

ull Committef action for inlop a shared sses, delivera

ategic Planninmmunity, and

ting sion statemen

ning Committe

d future visio

g ded to perforhe Committee and, if so, hodsheet that a

ing he goals and onal pathways

he goals and upcoming me

prised of admtionally and r shared visiond stakeholdernships betwee

anded virtuad “fit”, contind deployment

n of a Strategrategic Plann

ee Meeting nvestigating tfuture vision

ables, and tim

ng Committee answered qu

nt and to schee on Februa

on and the sc

rm to test ande also agreedow they are dallows the ins

scenarios, ins for Concord

scenarios, ineeting with t

STRAT

inistrators, faregionally, ann of the futurr engagementen the strateg

l presence, anued quality ot of Universit

gic Planning Cning Committe

the full Comm statement, i

melines for th

e to the Concuestions.

hedule future ary 4th.

enarios to be

d further def to research

doing it. The stitution to co

cluding defind’s students.

cluding possihe Full Comm

TEGIC PLAN18

aculty, staff nd consideredre, t, structure, gic planning

a healthier of education,ty resources

Committee ee.

mittee’s introduce e project,

cord

meetings to

e vetted and

fine the goalsif other Vice ompare

ning “career

ble mittee and

N 8

d

,

AprilThe SFull Cheld, AprilThe S“towwereStude AprilThe Sscena May The Sstudeeach May The Vto coand p May The Sscena May The Sreaso JuneThe B July The Sstrat July The S AuguThe S AuguThe Fthe p SepteThe Fraise

l 9, 2014 – FuSteering ComCommittee p, updating ca

l 21, 2014 – SSteering Com

wn/gown” sube also schedulent Governme

l 30, 3014 – SSteering Comarios of the s

6, 2014 – StrSteering Coments. The To strategic goa

13, 2014 – SVice Presidenonsider the efpersonnel exp

20, 2014 – SSteering Comarios of the s

29, 2014 – StrSteering Comonable metric

e 10, 2014 – SBoard of Gove

14, 2014 – SSteering Comegic goals.

28, 2014 – SSteering Com

ust 15, 2014 Steering Com

ust 21, 2014 Full Committplan, includin

ember 9, 20Full Committ

ed by their co

ull Strategicmmittee updat

rovided commmpus constit

Strategic Plammittee met tbgroup was crled for the Chent Associatio

Strategic Plammittee heard

trategic plan

rategic Plannmmittee worke

wn/Gown woal into a form

Strategic Plannt of Businessffect of differpenses. Addi

Strategic Planmmittee heard

trategic plan

rategic Plannmmittee reviewcs and assign

Strategic Plaernors receiv

Strategic Planmmittee met t

Strategic Planmmittee met t

– Strategic Pmmittee met t

– Full Strateee reviewed

ng its scenario

14 – Full Straee discussed nstituent me

Planning Coted the Full Cments and suguents and dis

anning Steerto hear and dreated. The Shair to again on.

anning Steerd reports from. A work gro

ning Steeringed on Retentiork group gavm matrix prov

nning Steerins and Financerent financialtionally, the

nning Steerind reports from. It also disc

ning Steering wed the matr responsibiliti

anning Reporved an inform

nning Steerinto review the

nning Steerinto review and

Planning Steeto discuss the

egic Planningthe draft straos and tactics

ategic Planni questions raimbers.

ommittee MeCommittee onggestions for scussing any q

ing Committiscuss a “dueSteering Com report out to

ing Committm the variousoup was also e

g Committeeion tactics an

ve a report onvided by Rick

ng Committee presented a l variables su Retention wo

ng Committem the variouscussed the var

Committee Mrices for the vies for these

rt to Board omational repor

ng Committee proposed tac

ng Committed discuss the a

ering Commie amended ma

g Committee ategic plan, rs.

ing Committeised after hav

eting n the goals, s planning andquestions or c

ee Meeting e diligence” r

mmittee also po the Classifie

ee Meeting working grouestablished fo

e Meeting nd possible pan its discussio Staisloff.

ee Meeting financial strach as total enork group rep

ee Meeting working grourious tactics d

Meeting various strate tactics.

of Governors rt on the stat

ee Meeting ctics listed on

ee Meeting amended con

ttee Meetingatrices and th

Meeting received a re

ee Meeting ving reviewin

scenarios, andd moving forwconcerns.

report on careplanned milesed Staff Coun

ups about proor possible of

artnerships thons. The Com

ategic plan spnrollment, hoported on its

ups about prodeveloped by

egic goals for

tus of strateg

n the consolid

nsolidated ma

g he draft strat

port from the

ng the draft st

d the status oward. A camp

eer focused lstone dates f

ncil, the Facu

oposed tacticff-site and vir

hat would bemmittee also p

preadsheet thousing and didiscussions a

oposed tacticy the work gr

r a gap assess

ic planning.

dated matric

atrices regard

tegic report.

e Steering Co

trategic plan

STRAT

of the due dilpus-wide mee

iberal arts. Afor going forwlty Senate, a

cs to achieve rtual opportu

nefit Concordplanned to lis

hat allows thning numbersnd recommen

cs to achieve roups for the

sment, to det

ces regarding

ding the strat

ommittee, and

, including qu

TEGIC PLAN19

ligence. The eting was

A ward. Dates nd the

the goals andunities.

d and its st tactics for

e University s, tuition, ndations.

the goals andmatrices.

termine

the various

tegic goals.

d discussed

uestions

N 9

d

d

AppeFive

AppeConcthe Ufundconsrese

Concord

Busines

7/7/201

Assump

Enrollme

Tuition &

State Ap

Payroll C

Utilities

Other C

Auxiliary

Enrollme

Occupan

Tuition &

OPERAT

Operati

State Go

Tuition &

Auxiliary

Grants, 

Pell Gra

Advance

Other

Total O

% Reven

Operati

Salaries

Benefits

Supplies

Utilities

Student 

Depreci

Total O

             

endix C Year Business

endix C is prcord realizesUniversity.  Tding and inveservative apprve of at lea

d University

ss Model Projection fo

14

ptions   

ent Change     

& Fee Increase

pprop Unrestricted 

Costs (Mercer Scale, In

        

osts

y Revenue Increase

ent (Fall FTE)

ncy Headcount

& Fees  (In‐State per se

TING FUNDS GROUP

ing Revenue

overnment Appropriatio

& Fees

y Revenue

Contracts & Other 

nts

ement

perating Group Reven

nue Growth

ing Expenses:

 & Wages

s  

s & Other

 

Financial Aid (Increase

ation

perating Expenses

   Net Surplus or (Def

Reserves Goal ‐  To

Annual Addition t

Net Surplus or (De

s Model Proje

esented as as growth aboThe spread sestments in tproach, in orst $1 million

or Stategic Planning P

Fiscal Year

ncrement & Promotions

emester)

ons 

nue

ed by .005% each yr)

icit)

otal

o Reserves

eficit)

ection

a sample tooove the conssheet as shothe Universirder to test tn over 5 year

roject

s)

   

   

   

   

   

   

   

   

   

   

   

   

   

   

   

   

   

   

   

ol and providservative estown here refity.  The Comthree key gors; and 3) pr

FY 13

Actual

‐0.63%

5.00%

0.42%

5.10%

‐3.40%

1.94%

‐1.34%

2,689

875

2,858

10,206,804                

7,387,881                  

8,974,995                  

7,213,903                  

5,546,051                  

‐                                

1,169,468                  

40,499,102                

0.94%

 

17,968,908                

4,251,667                  

9,742,315                  

1,721,759                  

4,654,007                 

2,526,360                  

40,865,016                

(365,914)                   

‐                                

(365,914)                   

‐                                

des an abilitytimate depicflects a consemmittee felt oals:  1) creaoviding fund

FY 14

Budget

‐1.25%

5.00%

‐9.94%

‐2.33%

1.00%

2.00%

4.00%

2,656

875

3,001

9,192,692                 

7,660,634                 

8,427,000                 

6,848,000                 

5,573,781                 

40,000                      

1,058,893                 

38,801,000               

‐4.19%

16,809,000               

4,210,000                 

9,632,000                 

1,519,000                 

4,308,000                

2,263,000                 

38,741,000               

60,000                      

‐                                

        

60,000                      

‐                                

y to test varcted, additioervative takit was impo

ating a balanding for the 

FY 15 FY

Budget Bu

‐2.50% 1.9

7.00% 5.0

‐1.66% ‐3.

1.00% 2.0

1.00% 1.0

2.00% 2.0

2.00% 2.0

2,589 2,

900 9

3,211 3,

8,838,000      8           

7,991,956      8           

8,841,127      9           

6,848,000      6           

5,601,650      5           

50,000                      

1,064,187      1           

39,234,921    39         

1.12%

16,977,090    17         

4,252,100      4           

9,824,640      10         

1,534,190      1           

4,351,080     4         

2,217,740      2           

39,156,840    39         

78,081                      

50,000                      

50,000                      

28,081                      

‐                                

rious assumponal investme on possiblortant to be nce budget; 2strategic pla

Y 16 FY 17

dget Budge

93% 1.89%

00% 5.00%

32% ‐3.43%

00% 2.00%

00% 1.00%

00% 2.00%

00% 2.00%

639 2,689

925 950

372 3,540

8,500,000 8,20            

8,553,609 9,15            

9,268,448 9,70            

6,848,000 6,84            

5,629,658 5,65            

75,000     10               

1,069,508 1,07            

9,944,223 40,74          

1.81%

7,316,632 17,66          

4,337,142 4,42            

0,021,133 10,22          

1,549,532 1,56            

4,394,591 4,43            

2,173,385 2,12            

9,792,415 40,44          

151,809   29               

150,000   45               

100,000   30               

51,809                       

‐                                 

STRAT

ptions underent will be pe enrollmenaware of thi2) creating aan. 

7 FY 18

et Budget

% 1.86%

% 5.00%

% 0.00%

% 2.00%

% 1.00%

% 2.00%

% 2.00%

9 2,739

950

0 3,717

00,000 8,000,00           

51,446 9,787,68           

09,326 9,903,5           

48,000 6,848,00           

57,807 5,686,09           

00,000 200,00              

74,856 1,080,23           

41,434 41,505,52         

2.00% 1.8

62,964 18,016,22         

23,885 4,512,36           

21,555 10,425,98         

65,027 1,580,67           

38,537 4,482,92          

29,917 2,129,9           

41,886 41,148,09         

99,548 357,43              

50,000 750,00              

00,000 300,00              

(452)    57,43                

‐                                 

TEGIC PLAN20

r the plan.  Ipossible for nt, state is a cash 

FY 19

Budget

2.00%

5.00%

0.00%

2.00%

1.00%

2.00%

2.00%

2,794

950

3,903

00 8,000,000              

84 10,482,609            

12 10,101,582            

00 6,848,000              

96 5,714,526              

00 200,000                 

30 1,085,631              

22 42,432,349            

8% 2.23%

24 18,376,548            

63 4,602,610              

87 10,634,506            

77 1,596,484              

22 4,527,751            

17 2,129,917              

90 41,867,817            

32 564,532                 

00 1,000,000              

00 250,000                 

32 314,532                 

‐    ‐                            

N 0

f 

0

9

2

0

6

0

1

9

%

8

0

6

4

1

7

7

2

0

0

2

‐