BUSINESS AFFAIRS DIVISION
GOALS FOR FY 2006
ANALYZE INSTITUTION FOR ORGANIZATIONAL EFFICIENCY AND PRODUCTIVITY
One of the premises for developing the Partnership was that we could be more efficient as one institution. Our measures of success in growth and student success have shown the institution to be effective and poised for continued success. However, given the volatility of the economy, we must be even more efficient. Even though we expect the economy to get better, this is an opportunity to make sure that we are at our best in every division.
REVIEW AUXILIARY ENTERPRISES AND ASSIST IN THE DEVELOPMENT OF BUSINESS PLANS
Revenues from auxiliaries may reduce our dependence on state funding and/or provide additional funds for other priorities.
Strategies: Benchmark auxiliary inventory and productivity against other universities. Develop business plans.
Strategies: Identify other commercial opportunities to expand auxiliary enterprises at our campus.
Resources:
This priority will not require an allocation of financial resources, but will require an allocation of human resources to complete the required research.
Progress Measures:
The benchmarking of auxiliaries was completed by June 30, 2004. Business plans will be developed as auxiliary enterprise activities are launched in FY 2005 and FY 2006. At least one new commercial opportunity will be identified for existing campus locations.
Major Obstacles:
No major obstacles are foreseen.
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