CHAPTER FIVE
Most of the recommendations that appear in this long-range plan carry with them financial implications and each of these individual programmatic initiatives needs to be framed in terms of its own strategic plan with its corresponding financial implications clearly articulated.
The challenges that lie ahead for PLU in the next decade are discussed from specific programmatic perspectives in other sections of this long-range plan. Further, the many documents, papers, surveys and forum reports that comprise the record of the PLU 2020 process are rich with specific ideas for the academic and co-curricular programs. These materials offer recommendations to specific programs and also speak to broader contextual issues, and these materials have informed the other sections of this document and should continue to serve as a resource of ideas for the years ahead. Most of the recommendations that appear in this long-range plan carry with them financial implications and each of these individual programmatic initiatives needs to be framed in terms of its own strategic plan with its corresponding financial implications clearly articulated. For example, PLU 2020 addresses the need for a review of our pathways to academic distinction, and this will necessarily include a fiscal perspective within a strategic programmatic plan that strengthens and broadens the defining influence of the pathways on every student’s academic experience. The same general approach holds true for other PLU 2020 initiatives as well: academic program development; the assessment of general education; the technology initiatives for addressing academic, co-curricular and administrative needs; adequate systems for our ongoing assessment and accreditation responsibilities; faculty and staff development; compensation issues for faculty and staff; strategic enrollment planning and strategic marketing of the university; and meeting the demands of an ever more aggressive regulatory environment, to name a few. In each case the challenge is to clearly identify the goals of each initiative, and then intelligently and strategically allocate our finite resources to address those initiatives, all the while moving forward to expand the financial resources available to the university.
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