Responsible Growth & Sustainability
GOAL
Engage Dentistry stakeholders with a comprehensive, understandable and transparent financial reporting system that educates and inspires ownership laying the foundation for sustainable growth.
Action
Individual reports for FY15 used for this purpose are included in the ongoing transparency material below.
Success Measure
90% of the key stakeholder groups demonstrated a 17% improved understanding of the school's clinical and overall financial status as measured by pre- and post-surveys.
Status
Completed: Jul 2015
Presentations about the school's clinical and overall financial status are made to and feedback received from key stakeholder groups, as well as are made available to the entire school community via the intranet.
Completed: Dec 2014
GOAL
Employ performance indicators that support decision-making linked to strategic priorities.
Action
Establish an overall financial plan for the School
Success Measure
Establish criteria to measure success in terms of positive operating results for each of the next five years as demonstrated on the 5-year projection tool that is part of the Provost budget process.
Status
Completed: Dec 2015
The overall financial plan was accepted by the School Leadership.
Create a dashboard that demonstrates the annual progress on the most salient factors in the overall financial plan. Show each item of the dashboard in terms of green - yellow - red indicators for progress toward goals so users can easily see where we stand in the action.
Completed: Jan 2017
The 15-16 overall financial presentation has been placed on the web accessible to the community. It has green - yellow - red indicators to serve as indicators for progress in each major component in the plan.
GOAL
Identify sources of revenue and implement operational efficiencies focused on the school's missions resulting in sustainable growth. (Increase revenue, decrease expenses.)
Action
Engage personnel for feedback to identify ideas that will achieve revenue growth and constrain expenses.
Success Measure
Six actionable ideas have been developed.
Status
Completed: Jun 2018
Offer a one week preparation course for non-US trained dentists interested in applying for US DDS/DMD degree programs.
16 students have participated in the first on-site course.
Completed: Sep 2018
Synergy Dentist
Offer a one week preparation course for non-US trained dentist interested in applying for US DDS/DMD degree programs.
16 students have participated in the first on-site course.
Completed: Dec 2018
Expand the corporate footprint in the school.
1-2 faculty attend the 2019 Network of Academic Corporate Relations Officers (NACRO) meeting.
Completed: Feb 2020
Complete 2 corporate naming opportunities.
Completed: Jan 2020
Increase the number of philanthropy-based relationships from 2 to 10.
Completed: Jan 2020