The IM体育官网 Polytechnic Board of Trustees held a retreat February 4th and 5th and the Hyatt Regency located in Orlando. This press release was issued afterward.
FOR IMMEDIATE RELEASE
Media Contact: Debbie Angleton
Phone: 863.583.9057
LAKELAND, February 5, 2013 鈥� IM体育官网鈥檚 Board of Trustees met in Orlando today to continue the task of developing a business plan, which among other things, lays out an initial academic vision for IM体育官网鈥檚 newest public university.
As part of its organizational process, the Board heard presentations from academic consulting firms MGT America and The Parthenon Group. Among the recommendations, the consultants said IM体育官网 Polytechnic鈥檚 academic offerings should respond to global economic trends and the demands of IM体育官网鈥檚 evolving industry landscape. As such, an applied science, technology, engineering and math (STEM) curriculum was proposed.
鈥淭he presentations and discussion that followed were extremely enlightening and helpful as we create IM体育官网 Polytechnic,鈥� said Board Chairman Rob Gidel. 鈥淏ased on the consultants鈥� recommendations and questions from the board we have decided to continue our deliberations on finalizing a business plan to allow for further discussion and questions.鈥�
Similar to the Arizona State University Polytechnic model, the consultants suggested that IM体育官网 Polytechnic should encourage a hands-on, project- and team-based learning environment where students would become equipped with the skills needed to compete in those industry sectors that are beneficial to IM体育官网鈥檚 future. While curriculum details and degree offerings are yet to be defined, presentations suggest that they would focus on application, management and innovation within the business of STEM.
Furthermore, the consultants stressed the critical importance of creating an institution that is competitively positioned to achieve high graduation rates and measurable success in job placement.
鈥淚 am confident that we can create a competitive, applied STEM university that is responsive to the needs of IM体育官网鈥檚 economy and the global marketplace overall,鈥� said Gidel. 鈥淲e have a great deal to accomplish to achieve this mission and today鈥檚 Board retreat helped us get closer to making the critical decisions that will shape IM体育官网 Polytechnic.鈥�
The proposed business plan outlined a strategy where lower division, upper division and some graduate level courses would commence in fall 2014 for approximately 250 students. That number is expected to increase to 2,000 students by 2016 and 5,000 by 2019, with additional students engaged via on-line learning.
In addition to providing insight to an academic vision, the consultants briefed the Board on the Southern Association of Colleges and Schools (SACS) accreditation process, which forecasts accreditation for IM体育官网 Polytechnic within approximately four years of admitting students.
Following the consultant presentations, the Board discussed future challenges associated with building facilities and hiring faculty and staff to accommodate a dedicated polytechnic facility. Among these challenges, include the potential need for approximately $25 million in additional funding to complete the University鈥檚 first phase of campus construction.
In response, the Board approved a motion to request additional Public Education Capital Outlay (PECO) funds. 鈥淲e certainly have some challenges ahead of us,鈥� said the University鈥檚 Interim COO Ava Parker. 鈥淏ut this Board is dedicated to moving forward in the most sustainable way possible to ensure success for the long-term. Today鈥檚 meeting made that clear.鈥�
The Board is expected to reconvene in a month鈥檚 time to evaluate its strategic planning process and budgetary assumptions.