Page "government" Paragraph 839

For the president, a master plan looking ahead five years ( the maximum reach for sound forecasting ), offers several practical advantages.

Trustees, faculty, and administration can consider the consequences of decisions before they are made, instead of afterwards.

Physical plant and equipment can be efficiently developed.

Proposed new programs can be examined for appropriateness to goals and for present and future financial fitness.

More than one president has found that a long-range plan helps him to attract major gifts.

It inspires confidence in his institution's determination to establish goals and to achieve them.