Mississippi Valley State University

This strategic plan for the Business Department, developed through a SWOT analysis, aims to enhance the quality of its programs and services for students and the community. It focuses on preparing students for success in an evolving world through effective teaching, relevant curricula, and knowledgeable faculty, aligning with the University's mission. Key goals include fostering ethical and socially responsible roles, developing critical thinking and analytical skills, assisting career achievement, and preparing students for entry-level and graduate positions. Long-term objectives encompass strengthening the MBA program, introducing new majors, and increasing internship opportunities, supported by a proposed budget for 2022-2025 to boost operational funding, technology integration, and faculty professional development.

The Board of Visitors met to interview and discuss candidates for the Presidency.

The Virginia State University Board of Visitors held a new board orientation and annual retreat. The retreat included a welcome from the Rector and President, introductions of board members and officers, and presentations on university governance, the Freedom of Information Act (FOIA), and the higher education landscape. Discussions also covered governing in the age of artificial intelligence, led by Dr. Daniel Greenstein, and leadership beyond the gates, led by Mr. Peter McPherson.

The Board of Visitors meeting included a presentation and discussion of the VSU Strategic Plan for 2025-2028, titled "Greater by Design," which focuses on advancing the institution's mission and vision with artificial intelligence (AI) playing a central role. Key priorities include advancing student success, institutional effectiveness, academic excellence, mission advancement, visibility, and impact. An overview of Virginia State University's Six-Year Plan (2025) was also presented, outlining the university's long-term strategic goals and initiatives. Board members participated in roundtable discussions with vice presidents regarding their areas of responsibility.

The committee meeting included presentations and discussions on the 2020-2021 budget, the impact of not opening the campus in the fall, and the utilization of auxiliary reserves. There were discussions about potential debt restructuring by the state to provide relief to institutions, as well as concerns about budget cuts and staffing vacancies. An update on technology projects undertaken because of COVID was scheduled for the next meeting. The committee convened a closed session to discuss National Institute of Food and Agriculture (NIFA) matching funds. An overview of the Internal Audit's corrective action plan was presented, including a breakdown of various risk categories and outstanding cases.