Priority

Optimize the acquisition and allocation of human, technological, financial and physical resources.

Background

Our plan for significant and strategic growth, as outlined in our NYSUNY 2020 proposal, has been addressed directly in these priorities and in our Road Map strategic plan. Growth has its challenges and benefits; if done well it can make us better, but if done poorly it can cause hard-to-repair damage.

Our goal under NYSUNY 2020 was to grow by 2,000 students, or approximately 13 percent — but this did not necessarily mean that all areas of the University had to grow at the same pace. During this time of growth, we thought wisely about each expenditure and investment of time, money and other resources. At times, we needed to add support staff faster in some areas and more slowly in others. Simultaneously, we had to maximize our use of technology to achieve gains in efficiency. Thus, the allocation of new human, technological, financial and physical resources (people, information technology, money and space) was distributed carefully and strategically. The implementation plans prepared by the divisions and the execution of those plans carefully considered the need to use and distribute these resources in an optimum manner.

Moving forward, Binghamton University must continue to work to maximize the acquisition of new resources, including money, space and partnerships. We must be diligent as we recruit and obtain these resources, and we must then manage them well, since the external competition for these scarce resources is high. These resources include state support through the SUNY allocation process; direct, legislative state support; tuition revenue; federal appropriations; research revenues; funds generated by housing and dining services; philanthropic support; and other revenue opportunities through the Binghamton University Foundation. Vice presidents, deans and departments that own these resources must use them wisely to meet goals they have set and to enable their areas and the University as a whole to achieve the established Strategic Priorities.

Goals & Metrics

Goal: Binghamton University has the financial resources necessary to achieve the University's goals

Goal: Binghamton has faculty and staff resources that ensure a premier educational experience

Goal: Binghamton has the technological resources of a premier public university

Goal: Binghamton University has the physical infrastructure of a premier public university