Strategic Plan - “Growing Greater”

GROWING GREATER

Summary of the Strategic Plan for Mount Aloysius College | 2021 - 2026

A strategic plan, if truly strategic, reflects choices that a college has made to secure its future and propel its mission. These choices can vary: from increasing investments in established strengths, to building new programs, to maintaining support for mission-defining offerings.

However, the choices also must reflect what a college will not do, whether that means not countenancing magical thinking (e.g., everything will be fine simply because of our long history), or not avoiding painful decisions to prune when conditions warrant.

In March, 2020, a global pandemic disrupted established norms across higher education. Yet even prior to Covid-19, Mount Aloysius College – like many other institutions – had experienced multiple years of steadily shrinking enrollment; workforce reductions; flat compensation; operating budget restrictions; and a narrowing of student interest to a handful of disciplines.

Regardless, there can be no doubt that continuing to operate the College within current norms, albeit tolerable in the short-term, is unsustainable.

Below are the three major imperatives of the new strategic plan, which will be supported by a robust collection of tactics and measurement plans.

STRATEGIC IMPERATIVE #1: GROWTH THROUGH FIRST-CHOICE OFFERINGS.

Goal 1: Based upon “First-Choice” parameters, implement a comprehensive procedure for program review, creation, and elimination.

Goal 2: Achieve highest quality academic assessment.

Goal 3: Enhance the environments, staffing, tools, trainings, and materials to ensure First-Choice programs.

STRATEGIC IMPERATIVE #2: GROWTH THROUGH UNIQUE AFFORDABILITY.

Goal 1: Reduce the College’s dependency on student-generated revenue through greater fundraising.

Goal 2: Control net cost to students by growing other revenues.

Goal 3: Evaluate and implement pricing strategies that align with the quality of our educational programs, student experience and outcomes, and support the College’s growth strategy.

STRATEGIC IMPERATIVE #3: GROWTH THROUGH “BEST MOUNTIE ROI.”

Goal 1: Enhance the Mission Statement’s promise that each student will have the opportunity to acquire knowledge, by increasing focus andresources on Diversity, Equity, and Inclusion.

Goal 2: Develop a cutting-edge Career Center to increase professional skills, career focus, attention and outcomes (job placement) for students.

Goal 3: Reimagine the Student Experience.