Priority Areas
Eleven priority areas have been identified. Becoming World Class – A Strategy outlines the actions to be taken in more detail. All of these areas and their related actions are intended to be seen as continuous and evolving to match the student, curricular and economic demands of each passing year. The essence is set out below.
1. Build an institutional model based on long-term financial viability, using evidence-based decision-making. An integrated financial forecasting model was developed in the summer of 2011. It is now in place and will form the foundation for the development of integrated management information systems to be completed in 2012.
2. Structure efficient customer-focused services. Following a review to be completed by November 1, non-academic services will begin streamlining with full implementation of the new system by April 2012. All governance processes will be reviewed.
3. Revitalize student recruitment. A fresh approach to student recruitment will be rolled out from October 1, 2011. Paying freshman numbers must increase significantly in the next three years. We anticipate the first return on this from Fall 2012.
4. Maximize student success. A student retention and success strategy to ensure that attrition rates are reduced will be implemented from October 1, 2011 with a target of reducing freshman attrition by 50% of current levels in AY 2012-2013.
5. Ensure a committed core faculty. KIMEP anticipates that it will employ a smaller core faculty, all academically and/or professionally qualified, by fall 2012. This faculty will combine teaching, research and service, supported by a pool of adjunct faculty to manage shifts in demand cost effectively. Full implementation of the plan to maximize the contribution of faculty will take place in fall 2012, with a preliminary roll-out of key components from Spring 2012.
6. Review and revise Academic Programs – Achieving World-class Standards. This is an ongoing process. We will provide up-to-date, practical, challenging, attractive degree programs designed to develop critical thinking capacity – programs which combine intellectual depth, practical orientation and skills development. Initial reviews will be completed by Spring 2012 and full implementation of all revisions will take place in Fall 2012.
7. Deliver Quality-assured and Accredited Programs. The target is to achieve international accreditation for every program by 2014, beginning in fall 2011.
8. Develop integrated research systems. A new research support strategy will be implemented in October 2011. Focused on economies of scale in support and generating greater transparency, it will be expected to start showing a return by May of 2012.
9. Ensure wider and deeper International Relations. Current plans for deeper relationships and a larger international student body have been reviewed, and implementation based on these new targets is ongoing.
10. Embed Executive Education. A new strategy to improve the contribution of executive education will be implemented in January 2012. It will be expected to show a return by May of 2012.
11. Fundraising and Partnership Development: Build a Capital Campaign/Fundraising Strategy. A new strategy will be implemented in November 2011. It will be expected to have started showing a return by May of 2012.
