Business Plan

Royal Roads University Policy

Policy Number: 
a1020
First implemented: 
January 21, 2000
Approved By: 
Board of Governors
Office of Oversight: 
VP & CFO

Board Policy Statement

The board will approve a rolling five-year plan that is updated on an annual basis.  The plan will maintain a direction consistent with the mandate of RRU.

Philosophy

It is essential that long-term planning be in the context of the unique mandate of the University.  Short-term plans can be updated in response to particular cost, market or other conditions.

President's Responsibilities

The President will oversee the development and revision of a rolling five-year Business Plan and annual updates to the Plan.

The President will report to the Board any extraordinary deviation from the Business Plan.

Information, Action and Monitoring Requirements for the Board

The Board will approve, annually, a five-year Business Plan.

Source

96.09.20 - Approval by Board Motion... the Business Plan as submitted and request that a letter be attached expressing the Board's concerns.

97.05.16 - Approval by Board Motion... 1. The Royal Roads University 1997/98 operating plan and budget, and 2. The strategic adjustments to the Business Plan [see minutes for details].

97.09.19 - Approval by Board Motion... that the updated Business Plan be approved in its current format.  Further discussion of "self-sufficiency" be held at a future date.