Tennessee Board of Regents

1. Tennessee Board of Regents Strategic Planning: 2010-2015

2. Definition of Strategic PlanningStrategic planning is a disciplined effort to produce fundamental decisions and actions that shape and guide what an organization is, what it does and why it does it

3. The Realities of Planning • Plan should anchor System decisions • Forces override planning • The “landscape” changes • Plan should be flexible

4. Setting New Directions2005-2010 Strategic Plan • Oversight Committee set priorities • Four key priorities • Leadership • Access • Quality • Resourcefulness • Regional Forums provided updates and status

5. Tennessee Board of Regents TBR2010-2015Strategic Plan CAMPUSES

6. Building the Plan Tennessee Board of Regents CHANCELLOR Academic Affairs System Planning Oversight Committee SWOT Analysis Committee (Strengths, Weaknesses, Opportunities, Threats) Data Committee By June 2010, the Board will act on the system and institutional strategic plans

7. SWOT Analysis SWOT analysis is a tool for assessing an organization and its environment. It is the first stage of planning and helps decision makers focus on key issues.

8. SWOT Analysis Committee • Identify Strengths, Weaknesses, Opportunities, and Threats • SWOT analysis will identify where we are strong and where we are vulnerable (including current budget reduction planning) • The analysis will tell us what we need to build upon, what we need to change, what areas we can optimize, and what areas need to managed or countered • The system and institutions can identify the most important factors that influence them and then plan to act on them

9. Strategic Planning Timeline

10. Planning Process • Fall 2008 – Winter 2009 • Data Committee Formed and Conducts Environmental Scan • Summer- Early Fall 2009 • SWOT Analysis Committee Identifies Our Successes, Weaknesses, Opportunities, and Threats • Summer 2009 - August 2015 • Board Oversight Committee Determines Planning Priorities and Goals as Basis for TBR and Institutional Plans

11. Planning Process • September 2009 – November 2009 • Development of TBR Strategic Plan • November 2009 – May 2010 • Development of Institutional Strategic Plans • June 2010 • Board Approval of Strategic Plans • August 2010 • 2005-2010 Final Strategic Plan Reports Due • Begin Implementation of New Strategic Plans

12. Board Oversight Committee • Will receive the input from SWOT analysis • Responsible for setting the priorities and goals of the strategic plans • Will be in place during the entire planning process

13. Strategic Planning S.W.O.T. Analysis

14. Strategic Planning S.W.O.T. Analysis • Tuition/Fees are competitive with SREB averages and below the US average • The percentage of university students receiving financial aid is above both US and SREB averages, while the need for loans was reduced • Since 2000, TBR has increased university external funding by over 10% per year

15. Strategic Planning S.W.O.T. Analysis • Six year graduation rates continue to fall below US and SREB averages • Fall-to-fall retention rates are below SREB averages for universities and community colleges. • Faculty salaries at universities and community colleges are below the SREB and US average.

16. Strategic Planning S.W.O.T. Analysis • The TN Education Lottery Scholarship continues to support merit-based aid • Despite a small Hispanic population, the number of Hispanics in Tennessee is quickly growing • TN has a large population of potential 25+ year old students. In 2000, 76% of adults had a diploma or GED, but only 20% had at least a Bachelor's degree

17. Strategic Planning S.W.O.T. Analysis • Tennessee's economic crisis: Funding from State appropriations in Tennessee grew more slowly from 2001 to 2006 than the SREB average. • Salaries for faculty are growing slower than salaries in other fields. • The population growth of TN is projected to be slower than other SREB states through 2016, but equivalent to that of the U.S.

18. Strategic Planning S.W.O.T. Analysis • Tuition/Fees are competitive with SREB averages and below the US average • Six year graduation rates continue to fall below US and SREB averages • The percentage of university students receiving financial aid is above both US and SREB averages, while the need for loans was reduced • Fall-to-fall retention rates are below SREB averages for universities and community colleges. • Since 2000, TBR has increased university external funding by over 10% per year • Faculty salaries at universities and community colleges are below the SREB and US average. • The TN Education Lottery Scholarship continues to support merit-based aid • Tennessee's economic crisis: Funding from State appropriations in Tennessee grew more slowly from 2001 to 2006 than the SREB average. • Despite a small Hispanic population, the number of Hispanics in Tennessee is quickly growing • Salaries for faculty are growing slower than salaries in other fields. • The population growth of TN is projected to be slower than other SREB states through 2016, but equivalent to that of the U.S. • TN has a large population of potential 25+ year old students. In 2000, 76% of adults had a diploma or GED, but only 20% had at least a Bachelor's degree

19. Strategic Planning S.W.O.T. Teams • Enrollment • Persistence • Institution Quality • Affordability • External Influences

20. Strategic Planning S.W.O.T. Teams • Choose a leader for the team • Choose a recorder • Team responsibilities • Bullet points vs paper