Strategic Planning, Resource Development and Institutional Improvement

The College will manage resources to ensure sufficient support of programs and services that strengthen our institutional mission and objectives.

This goal builds upon NYMC’s already strategically-disciplined financial planning process, which aligns the allocation of College resources with the institution’s priorities. Looking toward the next five years and beyond, the College will focus on investment strategies that generate value and growth to ultimately enhance the economic stability and sustainability of NYMC.

GOAL 1 Enhance the economic stability and sustainability of NYMC.

Subgoal 1: Establish and maintain multiple, diversified mission-based revenue streams. Subgoal 2: Expand and develop income-generating small business units (SBUs). Subgoal 3: Increase funding (sources, quantity) of basic science, clinical and translational research. Integrate research successes and areas of research strength with College branding and fund raising. Subgoal 4: Optimize enrollment in all NYMC schools.

GOAL 2 Pursue investment strategies that generate value and growth in NYMC’s tripartite mission of excellence in scholarship, research and clinical care.

Subgoal 1: Ensure sufficient faculty with appropriate expertise, space and faculty development support to carry out the educational/research missions of the College. Subgoal 2: Advance BioInc@NYMC and TruMada initiatives. Subgoal 3: Expand capacity and programming within the Clinical Skills and Simulation Center. Subgoal 4: Strategically augment Health Sciences Library resources important for the College mission. Subgoal 5: Increase funds committed to student scholarships.

GOAL 3 Provide a campus environment that inspires innovative teaching, effective learning and exceptional research for the current and future NYMC community.

Subgoal 1: Develop and maintain a safe, clean, functional and welcoming campus environment. Subgoal 2: Develop NYMC’s informational and educational technology infrastructure. Subgoal 3: Promote sustainability and green initiatives across the campus.