FINANCE AND BUSINESS LAUNCH OF THE CREDO INSTITUTIONAL PRIORITIES PROJECT The Credo Project, launched in August 2022, started with an in-depth discovery analysis of critical areas including enrollment, organizational structure and efficiency, and academic programs. Both quantitative and qualitative data were collected to establish opportunities to gain efficiencies for the institution. The analysis of the data was used to determine which priorities the institution should focus on to gain the most efficiencies. It was determined that the areas of focus would be in academic and administrative efficiency reviews and to develop a strategic enrollment plan. In order to execute on those areas, two diverse task force teams were chosen to develop a rubric tool that will be shared with various chairs, directors, and senior officers to evaluate the programs and departments under their supervision. The analysis piece of the project will conclude in August 2023, and implementation of the recommendations from that analysis will begin.
CREDO MOVE THE NEEDLE PROJECT Move The Needle is a comprehensive student success strategic plan designed and delivered by the campus through a multiyear partnership with Credo. This partnership includes an analysis of our current student experience and an assessment of our campus systems, processes, culture, and practices that impact students. From the analysis, CSU will design improvements or launch new strategies to increase student retention by 5% or more over the next five years. In addition, many of our leaders on campus will receive specialized leadership development training.
EMPLOYEE RETENTION CREDIT CSU worked with CapinCrouse to determine eligibility for an Employee Retention Credit that was established during the Covid-19 pandemic. It was determined that the university was eligible for this credit, which resulted in funds being received for approximately $9,000,000.
