2020 1 / 2020 STRATEGIC PLAN BOARD OF TRUSTEES / MALVERN
STRATEGIC PLAN BOARD OF TRUSTEES
Dear Malvern Community, In the Fall of 2015, I was asked by Board Chairman Steve Cloetingh P’10’13 T, to lead our next strategic planning process. I was humbled by the request and wanted to make an impact on the institution that has done so much for my family, especially my two boys - Joe, a graduate from the Class of 2013 and Bill, a current student in the Class of 2019. As the CEO and Founder of McKean Defense, I understand the importance of evolution and change. A company or school, like Malvern Prep, would not have a sustainable and viable future without a culture of strategic thinking and planning, especially in an industry that has been disrupted in so many ways. Tuition models are being evaluated, the mindsets around philanthropic giving are changing, and the ways in which education is delivered is
“
significantly different than when I went to school.
we envision a strong,
inclusive, Augustinian community that forms the foundation of our Academy Model
Malvern Prep’s Catholic, Augustinian Mission is what makes it special and unique. It is in this distinction that the 2020 Strategic Plan has evolved, due to the work of many volunteers from all facets of our community - Parents, Students, Alumni, Faculty/Staff, and members of the Board of Trustees. This document outlines for you our goals and focus areas for the next three years: Community, Academics, Institutional Stewardship. As a Board of Trustees, we are excited to share our vision forward. At the completion of this plan, we envision a strong, inclusive, Augustinian community that forms the foundation of our Academy Model approach to learning through faith-formation and character development. We see our students using what they learn in the classroom to
approach to learning
solve real world problems with corporate and higher educational partners. And, we foresee an evaluation of our pricing strategy and forecast a unification of our fundraising efforts
through faith-formation
”
and character development
so that we lessen the burden on our parents, but continue to build our endowment and support our operational infrastructure. We know we can achieve our goals and will work to measure our progress and keep the community updated as we move forward. Thank you for your support, love, and involvement in Malvern Prep. It is in our Unity that we will ensure the School’s success and sustainable future.
Sincerely yours,
Joseph L. Carlini P’13’19 T Strategic Plan Chair
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Goal One Community Enrich and engage the Malvern Prep community in the understanding and demonstration of our Catholic, Augustinian mission, our academic vision, and our cultural values.
Strategies
Success Measurements
•E ducate students, parents, alumni, and faculty/staff on the teachings of St. Augustine. • F oster an inclusive, innovative, and learner-centered environment. • Embed Malvern’s values and behaviors into our academic and operational practices.
•% of students, parents, and faculty/staff who can concisely articulate what it means to be an Augustinian school. •% Increase of faculty, staff, and students of color. •% of faculty/staff and students who use our values and behaviors to enhance their team experience. •% of the community that believes Malvern to be diverse and inclusive. •% of students who feel they are a member of the brotherhood. •% of parents and students who always feel the warmth and care of our community.
Outcomes
Students, parents, faculty/staff and alumni will be able to articulate clearly the teachings of St. Augustine and how those teachings are unique to who we are as an independent Catholic, Augustinian school
A diverse and inclusive community that will welcome and celebrate differences, and constituents who will be able to articulate how inclusion makes Malvern Prep stronger
Our values and behaviors will be understood and exemplified by all of our faculty, staff and students
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Outcomes Mastery transcript that is prototyped and tested
Students solve real world problems
A locally, regionally, and nationally recognized school for our Augustinian, team-based approach to learning
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Goal Two
Academics Students who are able to build external networks, design college recommendations, and compete for internships due to Malvern’s partnerships with higher ed and corporate institutions
Online/blended learning and mastery based programs that provide individualized pathways for each student
Evolve a leading, innovative, student-centered academic program that brings to life our mission and vision by delivering learners who are Augustinian, Globally Aware, and Entrepreneurial.
Strategies Complete the “academy” model approach to learning. • Integrate spiritual, emotional, and character development into our academic experiences so that every student can leverage his strengths to become the best version of himself. • Provide entrepreneurial, experiential, and Christian Service learning opportunities. • Establish Malvern as a thought-leader in independent, Catholic school education.
Success Measurements Young alumni that feel fully prepared for college
Students that understand how to leverage their strengths in college and in life
• % of students and parents who feel their writing, computation, and problem-solving skills have improved while attending Malvern Prep. • % of young alumni who feel fully prepared for college after attending Malvern Prep. • % of entrepreneurial, experiential, and Christian Service learning opportunities are offered for students. • % of faculty and staff present at and/or attending national and regional conferences. • % of parents and students who feel the college application process was highly satisfactory. • % of college acceptances to highly selective institutions. •% of mastery based & blended learning programs. • % of students who feel fully prepared for college. • Nationally recognized student achievements merit, extracurricular and/or athletic.
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Institutional Stewardship Reimagine our economic infrastructure so that Malvern remains financially secure and externally competitive in an ever-changing educational landscape.
Outcomes
Strategies Advancement • Increase demand for Malvern’s educational experience. • Build a culture of philanthropy. • Evaluate tuition and financial aid model to ensure the most appropriate pricing strategy given the changes in the educational marketplace. Financial Operations • Create a balanced budgeting process and organizational structure that ensures alignment with mission and vision. Strategic Sustainability • Find innovative ways to build alternative sources of revenue.
Success Measurements • % of students and parents who are proud to say they are affiliated with MP. • % of our budget is covered by revenue generated outside of tuition. • % decrease in program expenses. • % of prospective parents who are willing to recommend MP even if they choose to attend another school. • % of parents who feel they can afford a MP education. • % Increase participation to The Malvern Fund • % of students and parents who agree that the $$ is worth the investment. • % Increase of inquiries, test-takers, applicants & attendees at Admissions Events. • % of Parents and students likely to recommend Malvern.
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Affordable Pricing Strategy yielding an increased # of applicants
Goal Three
New sources of revenue created Comprehensive marketing and communications plan executed
Streamlined operations and zero-based budgeting approach to expenses Increased loyalty and engagement from faculty, staff, parents and alumni
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418 S. Warren Avenue • Malvern, PA 19355-2707 8 / 2020 STRATEGIC PLAN BOARD OF TRUSTEES / MALVERN