What is a strategic plan?
Strategic planning is a process that helps organizations decide what opportunities to pursue, which to stop, and how to do it over the next three to five years. It results in the creation of a strategic plan. The strategic plan contains specific strategic priorities, which will be supported by Key Performance Indicators (KPIs) and specific action plans (our KPIs and action plans are currently being developed).
The VPFO Strategic Plan 2019-2021 integrates with the UBC Strategic Plan. Our plan asks us to anticipate how UBC and its world will change and adapt well in advance, rather than having change thrust upon us. By taking a long-term perspective, the VPFO can look beyond our current capabilities to make decisions based on progress we expect to make over the life of the strategic plan.