DATE: March 4, 2021

SUBJECT: Update on 2021-2025 Strategic Plan

FROM: GOVERNANCE

ACTION ITEM: NO

BACKGROUND: At the Special Call Board meeting in January 2021, the KSU Board of Regents had the opportunity to review and comment on the proposed 2021-2025 Kentucky State University Strategic Plan.

SUMMARY OF PROGRAMS/ACTIVITIES: The comments of the Board were incorporated into the revisions to the Strategic Plan and the updated document is presented here for approval.

Goal 1: Enhance Student Enrollment, Improve Student Life and Engagement, and Improve Student Advising and Career Development.

Goal 2: Achieve Academic Excellence Across all Programs and Colleges, Increase Student General Education Skills, Degree Persistence, Career Readiness and Graduation Rates.

Goal 3: Increase the University's Financial Strength and Operational Efficiency.

Goal 4: Enhance the Impact of External Relations and Development.

Goal 5: Obtain Maximum Institutional Effectiveness through the Implementation of a Continuous Quality Improvement Process framed within the seven Baldrige Performance Excellence in Education criteria.

PROGRAM IMPLICATIONS: Once approved, the 2021-25 will serve as the guiding document for campus activities, strategies and operations.

FISCAL IMPLICATIONS: TBD; it is traditional and expected that key activities will be aligned to performance metrics and that specific action items encouraged by the new Strategic Plan will be highlighted for targeted funding through, when applicable, grants, in addition to the institutional budget annually.