Goal: Steward Human, Physical and Financial Resources

Augustana University offers more than 50 majors and 41 minors, along with graduate degree programs.

To achieve the goal of stewarding human, physical and financial resources ...

We will …

  • Invest in professional development for faculty and staff.
  • Encourage an atmosphere of inclusivity, innovation, and entrepreneurship.
  • Increase endowment and annual giving for scholarship support, program expansion and facility enhancement.
  • Diversify revenue sources to stabilize financial performance amid enrollment fluctuation.
  • Enhance and expand facilities to provide an exceptional and safe living and learning environment.

Objectives

  • Strengthen professional development opportunities for faculty and staff.
  • Conduct a staffing analysis and resource allocation review to ensure optimization of our resources to serve students with excellence.
  • Improve employee compensation to become more competitive with appropriate comparison institutions.
  • Strengthen efforts to increase the diversity of our faculty and staff.
  • Define infrastructure and resources to best support the strategic plan and incorporate into an implementation plan.
  • Update the Facilities Master Plan to guide the development of new and existing spaces, provide for maintenance and facility upgrades, equipment, landscaping, and other campus needs. Develop a plan of action including timeline for fund development and execution.
  • Grow the endowment to $100 million.
  • Achieve and maintain $3 million per year in annual gifts by increasing alumni participation in giving to 21% in 2014, 22% in 2015, and 27% by December 2019.
  • Identify, pursue, and leverage external grant funding to support key institutional initiatives. Double active awards managed by Augustana to $8M. Understand the risks of depending on external grant funding and develop mitigation strategies.