February 12, 2025 Strategic Planning & Performance Measures Board of Trustees Meeting Roddrick D. Jones, Ph.D. VP, Division of Strategic Planning, Analysis & Institutional Effectiveness FLORIDA AGRICULTURAL AND FAMU MECHANICAL UNIVERSITY 2030 Strategic Plan Timeline STATE UNIVERSITY SYSTEM OF FLORIDA May 2024 = Dec. 2024 May 8, 2024 June 27-28, 2024 Summer Sept 17-18, 2024 Oct 16, 2024 Steering Retreat & Board Board Meeting Board Meeting Committee met Board Meeting Workshop Mission & Vision Strategy Strategy Review Session Session Strategies Oct 29-30, 2024 November Dec 19, 2024 Board Meeting Stakeholder Board Meeting Review Areas & Initiatives Metrics & Goals Metrics & Goals FLORIDA AGRICUETURALAND Strike FAMU UNIVERSITY MECH ANICAL Strike, Strike, and Again! Mission STATE UNIVERSITY 2030 SYSTEM OF FLORIDA Previous New To provide undergraduate, graduate and To serve the needs of our state and society by professional education, research, and public providing high-quality higher education, service of the highest quality through a innovative research, and public service through coordinated system of institutions of higher a coordinated system of institutions, each with learning, each with its own mission and distinct missions, collectively advancing civic collectively dedicated to serving the needs of a principles, fostering world-class talent, and diverse state and global society. propelling Florida's economic prosperity, FLORIDA AGRICULTURAL LAND MECH UNIVERSITY ANICAL Strike FAMU Strike, Strike, and Again! 2030 Values STATE UNIVERSITY SYSTEM OF FLORIDA Modeling Pursuing Integrity Excellence Knowledge Access & Transformative Collaboration Affordability nnovation FLORIDA AGRICUETURALAND MECH UNIVERSITY ANICAL Strike FAMU Strike, Strike, and Again! 2030 Strategic Priorities STATE UNIVERSITY SYSTEM OF FLORIDA Elevating Student One SUS Success Innovative Operational World-Class Research & Excellence Talent Economic Development FLORIDA AGRICULTURAL 1E C NICAL AND Strike FAMU UNIVERSITY Strike, Strike, and Again! STATE UNIVERSITY SYSTEM OF FLORIDA The State University System of Florida (SUS) is comprised of 12 distinct universities, each with renowned areas of expertise, all collaborating as one System. Reputation. Everyone will understand the value and reputation of our System as one and what sets us apart in the higher education market. Each university will be distinct but elevate the System's reputation. We will leverage high-quality reputation rankings and consider developing our own measures. We will measure the economic impact at universities consistently and use this to demonstrate the economic impact of the System for the Governor, the Florida ONE SUS Legislature, and members of the public. We will produce the return on investment of our exceptional academic programs. Collaboration. We will demonstrate that as One SUS we are a comprehensive resource for industry, the state, students, and faculty. We will be agile to the economy of Florida and the nation by demonstrating repeatable, scalable, and powerful ways to coordinate ac the System. We will leverage the power of collaboration across our System, including securing game-changing partnerships to elevate university operations, research, and student success. We will identify and track collaborations of distinction and develop a Board recognition program for System collaboration. Our System will coordinate to generate big ideas and develop functional roadmaps and solutions to execute collectively. Together, we will coordinate engagement with business and industry. Our coordinated effort will be an unmatched resource that will support not only the success of students and our System but also Florida's economic development efforts. and FAMU Strike, Strike, Strike Again! STATE UNIVERSITY SYSTEM OF FLORIDA Areas of Expertise. Each state university will elevate areas of expertise and intentionally prioritize resources so that it will be the very best in those areas. Differentiating and excelling in these areas will bolster the reputation of the System and Florida. Nationally, our universities will be known for their acclaimed students, faculty, awards, research, and outcomes in these unique areas of expertise. Universities will identify world-class outcomes to support these areas. These should ONE SUS reflect quality outcomes and reputation in these areas, not just rankings. Universities should also be compared to their peers in these areas. Universities will attract the top-caliber faculty in their fields, along with the top students in these areas. Business and industry will recognize and utilize our universities for these areas of expertise. Our areas of expertise will support the state's business and economic development efforts. While universities will have distinct areas, we will collaborate to share this expertise throughout the System. Universities will establish shared Centers of Distinction that could be leveraged by faculty and students throughout the System. and Strike FAMU Strike, Strike, Again! ONE SUS STATE UNIVERSITY National Rankings SYSTEM OF FLORIDA Metrics 2025 Baseline 2025 Plan Goal 2030 Goal Top State Top 10 Public Universities 1 1 2 Top 25 Public Universities 2 1 4 Top 50 Public Universities 4 2 5 Top 100 Public 6 N/A 8 Universities Top Public HBCU 1 N/A 1 Top 5 Public Liberal Arts 1 1 1 College FLORIDA AGRICULTURAL LAND FAMU MECH UNIVERSITY ANICAL Strike, Strike, and Strike Again! STATE UNIVERSITY SYSTEM OF FLORIDA Our System serves as a national model of excellence for student success while providing high-quality education that is affordable and accessible. Modeling Excellence. The System's reputation for student success will serve as a model for excellence in defining the national standard of success. Our System will have the highest public four-year graduation rate across all larger states and be in the top three of all states nationally. Our post-graduation outcomes will demonstrate success in the workplace. We will emphasize degrees that are aligned with Florida's workforce needs and provide students with a positive return on their investment. be to stakeholders about Elevating We will transparent students, parents, and all the outcomes of our degrees. Student Our universities will be innovative around efficient pathways to a degree. This includes innovative paths for undergraduates to achieve certain credentials and combination pathways for undergraduate and graduate programs. Success Access and Affordability. Our System will continue to provide and promote ac S and social mobility for both incoming first-time-in-college (FTIC) students and transfer students and will ensure success for these students. Our System will prioritize reso ce S to en our high-quality education is affordable and accessible. We will be focused on minimizing undergraduate student debt. Our System will be nationally recognized for four-year graduation rates for Pell students. Pell student four-year graduation rates and retention rates will be the same as all FTIC students. We will uphold our commitment to 2+2 transfer students. Our System will set a new standard for 2+2 student graduation rates, including elevating successful 2+2 targeted pathway programs. We will develop a social mobility index that reflects the value of a degree and world- class education from our System. and FAMU Strike, Strike, Strike Again! STATE UNIVERSITY SYSTEM OF FLORIDA High-Skilled Graduates. We will recognize and elevate the key leverage points that propel students to acquire high-quality careers or pursue entrepreneurship opportunities. Elevating Every student will be encouraged and supported to participate in high-impact Student internships or experiential learning as part of their undergraduate education. We will encourage students to be innovative and entrepreneurial in their experience Success within our System. We will develop consistent definitions and best practices for non-degree credentials and pathways to meet workforce needs. and FAMU Strike, Strike, Strike Again! STATE UNIVERSITY Student Success SYSTEM FLORIDA SUS OF 30 FAMU Metrics 2025 Baseline 2025 Plan Goal 2030 Goal FAMU YoY AY: 2023-24 (preliminary) 4-year Grad Rate (PBF 4) 62% 65% 70% 41% +6 Academic Progress Rate (PBF 5) 89% 90% 92% 86% +5 % Employed or Enrolled $4ok (PBF 1) 74% 80% 85% 70% +3 Median Wages Bachelor's (PBF 2) $43,200 $50,000 $60,000 $45,800 +$2,600 (5%) Professional Licensure & Certification Exam 31 of 39 Above Benchmarks Top Decile/Topi in FL 1of 4 N/C (First -Time Pass Rates) Above % of undergrad students participating in 29% (low est.) New 40 60% N/A N/A internships or experiential learning % of undergrads without loans (annual) 77% New 85% 49% +2 (3rdin Nation) (83% is current #1) % of Bachelors/Graduate in Programs of TBD 50% TBD 54%(B)/52%(G) N/C Strategic Emphasis (PBF 6 &8 8)* Transfer Student Outcomes FCS AA Transfer 3-year Grad Rate (PBF 9a) 62% 62% 72% 59% -1 Pell Student Outcomes 4-year Grad Rate Pell students 54% 58% 70% 40% +8 Access Rate (Modified: % of new FTIC fall entering students) 30% 30% (all univ.) 35% 19% 19% *The new Programs of Strategic Emphasis list was implemented int the 2024-2025 academic year. New goals will be determined by the Board Improving N/C - No Change *No Significant Change -Declining FLORIDA AGRI ULTURAL AND FAMU NICAL Strike, Strike, and Strike Again! UNIVERSITY STATE UNIVERSITY SYSTEM OF FLORIDA Our System is committed to being exceptional stewards of state resources and upholding the highest standards of integrity by continually identifying best practices and areas for improvement. Financial Health & Integrity. The System will continue its strong financial health and prioritize long-term financial stability. The System will continue to perform well no matter the financial cycle. The System will maintain top-tier investment-grade financial ratings and sustain Operational strong financial principles. The System will minimize financial audit findings and maximize risk controls. Excellence Optimizing Funds. Our universities will identify best practices by continually reviewing and identifying areas to optimize funds. The System will be recognized by the Governor, the Florida Legislature, and the nation as outstanding stewards of state and federal funding. The System will develop an action plan and model of efficiency by reviewing costs, identifying inefficiencies, and re-prioritizing funds. This includes optimizing technology, facilities and campus land utilization. The Board will leverage shared services to improve coordination, efficiency, and use of resources. Universities will continue to examine the use of public-private partnerships when it is int the best interest of the university and state. Universities will look for innovative approaches to prioritize resources. and FAMU Strike, Strike, Strike Again! STATE UNIVERSITY SYSTEM OF FLORIDA Our System boasts top-tier faculty who relentlessly pursue knowledge and produces world-class graduates who secure positions at iconic companies around the globe. World-Class Faculty. Our world-class faculty will deliver nationally recognized academic programs that are responsive to the needs of business and industry, conduct research that solves problems critical for Florida, and drive innovation that pushes the state's economy to new heights. We will prioritize the recruitment and retention of world-class faculty to propel our universities to the next echelon. Universities will convey how these individuals have positioned the institution for greater success and recognize them for excellence World-Class achieved at the highest level. We will prioritize the recruitment and retention of world-class staff. These staff are collaborative individuals who support areas of expertise, student success, research, Talent and operational excellence. Universities will convey how these individuals have contributed to the institution's success. World-Class Graduates. Our System will be a top producer of world-class talent. Iconic companies across different sectors will prioritize hiring our graduates. The Board will identify the top brands and companies in each sector and the target market of these employers. The System will launch innovative initiatives that promote new or enhance existing relationships between these iconic companies and our universities. We will track how our System is meeting Florida's workforce needs by developing a new dashboard that compares degrees awarded to workforce demand. We will partner with the business community to measure the reputation of our graduates according to top Florida employers. Our curriculum will be innovative and adaptive to align with employer needs. Universities will develop a plan for the active engagement of industry advisory councils for degree programs. FAMU Strike, Strike, and Strike Again! Operational Excellence STATE UNIVERSITY SYSTEM OF FLORIDA Metrics 2025 Baseline 2030 Goal Financial Ratings Highest TBD Shared Services Cost Savings $214.8M TBD Space Utilization Minimum 40 hours/week TBD and 60% Occupancy World-Class Talent Metrics 2025 Plan Goal 2025 Baseline 2030 Goal Faculty Awards 75% 66% TBD* National Academy Members 75% 71% 80% *The Board will evaluate data sources and determine a goal for this metric. FLORIDA AGRICULTURAL LAND FAMU UNIVERSITY MECH ANICAL Strike, Strike, and Strike Again! STATE UNIVERSITY SYSTEM OF FLORIDA Our System conducts innovative research that tackles crucial, life-altering challenges, transforms communities, and serves as an economic driver for our state. Leaders in Research. Our research will continue to be nationally recognized and address key, life-changing problems. We will consistently measure the economic impact of research at our universities Innovative and use this to demonstrate the economic impact of the System. We will identify the top research areas for the System, which also includes the university areas of expertise. Research & We will be recognized nationally for our research productivity. We will increase our national ranking for research expenditures. Economic Innovation Transforming Florida's Economy. Our research will translate into economic development advancing Florida's economy. Commercializing Development research and developing new companies will be a priority. Our research will lead to increased jobs, products going to market, and revenue for Florida. Universities will collaborate to develop best practices around research commercialization for the System. Business and industry will rely on universities to solve problems with modern solutions. We will explore a statewide model for facilitating research collaboration between our System and business and industry throughout the state. and FAMU Strike, Strike, Strike Again! Innovative Research & STATE UNIVERSITY SYSTEM OF FLORIDA Economic Development Metrics 2025 Baseline 2025 Plan Goal 2030 Goal Total Research Expenditures $2.929B $3B $3.75B Patents Awarded 395 410 425 Number of Start-Up Companies Created 28 60 100 Number of Licenses & Options Executed Annually 450 500 500 Research Expenditures with Business & $79M N/A $120M Industry Federal Research Expenditures $1.39B N/A $1.75B Research Expenditure Rankings 1in Top 25 1 in Top 10 (# in Top 25, 50, 100) 2i in Top 50 N/A 3 in Top 50 5in Top 100 5 in Top 100 FLORIDA AGRICULTURAL LAND FAMU MECH UNIVERSITY ANICAL Strike, Strike, and Strike Again! "Boldly Striking" Strategic Priorities D STUDENTSUCCESS Ranking in the top-tier of SUS peers on performance outcomes ACADEMIC EXCELLENCE Innovative academic programs that address workforce needs 6 S 2A5 Elevated rankings, reputation, and LEVERAGE THE BRAND impact LONG-TERM FISCALHEALTH, AND Broader array of funding sources to SUSTAINABILITY support our strategic initiatives (B88) ORGANIZATIONAL EFFECTIVENESSAND Optimized operations through enhanced TRANSFORMATION processes and innovation FLORIDA GRI RIC ICULTURAL AND 1ECH ANICAL UNIVERSITY FAMU Strike, Strike, and Strike Again!