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Strategic Initiatives

The Division of Finance and Administrative Services provides strategic leadership in the implementation of Drexel University’s financial, administrative and operational goals and objectives, including the following:

Academic, Professional and Clinical Excellence

  • Implement Responsibility Center Management (RCM) budget model to align decision-making with financial outcomes
  • Foster One University by reducing unnecessary duplication, strategic sourcing and ensuring comparability
  • Support faculty and professional staff equity and diversity in recruitment, retention and advancement
  • Nurture career development for faculty and professional staff by focusing on leadership, retention, team building and community workforce development
  • Continue renewal and improvement of existing academic, professional and clinical facilities, such as the renovation of the Beneficial Savings Fund Society Building to house the Thomas R. Kline Institute of Trial Advocacy, the expanded Stephen and Sandra Sheller 11th Street Family Health Services Center and the phased renovations of Three Parkway Building, Stratton Hall, 3101 Market Street, Bossone Research Enterprise Center and Center for Automation Technology/LeBow Engineering Center, Perelman Center for Jewish Life and improvements to the Korman Center and Korman Quad
  • Re-envision online and hybrid learning and set the pace as an industry leader, with Drexel University Online reaching 9,000 students by 2020

Student Lifecycle Management

  • Comprehensively reimagine the student residential experience and the residential building portfolio to achieve maximum alignment between the student’s living, academic and co-op experiences in an environment that is optimal for learning and engagement
  • Focus on access and affordability for potential students
  • Increase Drexel’s student population through retention by improving the student experience, creating a culture of student success and putting students in the best position to achieve
  • Recruit to retain as one critical factor in realizing a 6-year graduation rate of 80% for the class starting in fall 2015, with a first to second year retention rate of 90%
  • Promote diversity and student engagement through intercultural activities and initiatives like the Raymond G. Perelman Center for Jewish Life and the Liberty Scholars Program

Research Innovation

  • Continue implementation of the Research Laboratory Master Plan by renovating research facilities
  • Identify and capitalize upon new avenues for funding
  • Strengthen both the physical and organizational infrastructure for research, improving research support services across the university and affiliates

Master Planning

  • Support diversity and inclusion in our business practices, vendor relationships and in master planning
  • Consider all Drexel campuses in master planning to promote unification as One University
  • Ensure space planning is academically driven to create bold new teaching, research, professional, clinical and creative work spaces
  • Establish a collaborative, consistent, transparent campus space allocation process
  • Undertake a public realm plan to connect campus precincts to each other and to the city, improve community spaces and make our campus more attractive and people-friendly
  • Create a mixed-use development at 32nd and Race streets featuring a childcare center, market-rate apartment housing and attractive townhomes
  • Construct, with developer Hospitality 3, the Study at University City, a 212-room boutique hotel at 33rd and Chestnut streets (Drexel University Real Estate and Facilities website has a list of all current major projects and their status)
  • Become most civically engaged university via neighborhood initiatives, such as the employee home purchase assistance program and workforce development
  • Build the Drexel/Amtrak gateway, including Schuylkill Yards