First of all, what is Baylors definition of strategic planning?
Larry Lyon: Strategic planning is the consideration of the best ideas of faculty, staff, students and friends in moving Baylor forward. It is Baylor’s way of assuring that we are good stewards of our resources, and a way to increase the likelihood that the time, money and effort we devote to certain projects are 1) connected to our mission and vision, and 2) likely to succeed. There are always a number of things that Baylor could do, but not all of them reflect our mission and our vision. Not all of them are likely to succeed, so strategic planning is a process that asks, “Does this move us toward the goals of Baylor 2012? If so, how? Does this have a good chance of success? If so, why?” Answer those questions and you can begin to allocate scarce resources in the best way for the University. BN: So, strategic planning is a way of going around the University and discovering what things are needed, and which of those things are feasible? LL: Strategic planning at Baylor is divided into t
