From Building Boards for Religious Organizations
Boards should define a set of indicators in each of ten critical areas for strategic decision making.
Table 10.1 lists these decision areas and the strategic issues that fall within them.
Table 10.1.Strategic Decision-Making Framework of the Association of GoverningBoards of Universities and Colleges.
I. Financial Affairs
A. FinancialPerformance
1. Assurance of soundfinancial management
2. Positive financialperformance
3. Balanced sources ofrevenue
4. Balanced expenditures
B. Financial Condition
5. Increase of institutional assets
6. Prudent use of debt as leverage for needed assets
7. Maintenance of strong financial condition
C. Endowment Management
8. Increasing total return on endowment
9. Allocating return on endowment between current and futureneeds
II. Enrollment
A.Enrollment Planning
10. Choosing the optimum size of enrollment
11. Influencing the selectivity of the institution
B. Tuition Pricing
12. Setting the right price for tuition
C. Student FinancialAid
13. Maximum leverage of financial aid to achieve targetedstudent mix anddesired selectivity
III. InstitutionalAdvancement
A. Development and FundraisingPrograms
14. Sustaining thefundraising effort
15. Managing developmentactivities
16. Launching a capitalcampaign
17. Ensuring thedevelopment program supports the long-term needs of theinstitution'sfinancial plan
B. Institutional Image andAdvancement
18. Maintaining thesupport of constituents
IV. Human Resources
- Faculty and Staff
19. Providing adequate support for faculty and staff
20. Hiring and maintaining the right faculty and staff
21. Maintaining equitable personnel policies and procedures - Governance, Management, and Morale
22. Participating in decision making
23. Efficiency and effectiveness of management practices - Affirmative Action
24. Maintaining a healthy mix of faculty, staff, and students
V. Academic Activities
A. Instruction
25. A viable mix of academic pro
26. Assurance of high-quality inst
27. Approval of new programs
28. Discontinuance of existing pro
B. Research
29. Appropriate balance between
C. Public Service
30. Appropriate public service
D. Academic Support Services
31. Adequacy of learning resource
VI. Student Affairs
A. Student Services
32. Quality of student life
B. Student Activities
33. Responsible expenditures of
VII. IntercollegiateAthletics
A. Funding and Quality of Athletic
34. Self-sufficiency of athletics
35. Enhancement of institutional in
VIII. Physical Plant andEquipment
A. Physical Plant
36. Adequate and timely maintenance
37. Allocation of space
38. Controlling physical plant costs
B. Equipment
39. Effective management of
IX. AuxiliaryActivities
A. Auxiliary Services
40. Adequacy of administrative support
B. Auxiliary Enterprises
41. Utilization of auxiliary enterprise
X. Institutional Mission
A. Mission
42.Responsiveness of the mission to environment
Source: C.Frances, G. Huxel, J. Meyerson, at Making: Key Questions and Indicators of...