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Strategic Plan |
Year 2005
► Vision
Our vision is that the Lied Institute for Real Estate Studies be recognized as one of the premier academic real estate programs in the world.
► Values
● Commitment
● Excellence
● Responsiveness
● Innovation
● Cooperation
● Community Responsibility
○ University
○ Local
○ Regional
○ National
○ Global
● Scholarship
► Mission
A commitment to the highest degree of competency in real estate through education, research, data collection and dissemination, as well as extension services through partnerships between the university and the real estate communities.
► Goals
 ◄ Increase student enrollment while maintaining the quality of programs.
◄ Elevate the academic excellence of the Lied Institute for Real Estate Studies
◄ Bring recognition of the Lied Institute for Real Estate Studies programs
to the communities we serve.
◄ Expand the participation and involvement of the Lied Institute for Real
Estate Studies board members.
◄ Increase resources for real estate research, teaching and additional staff.
◄ Achieve administrative autonomy
Goal 1 - Increase student enrollment while maintaining the quality of programs.
Objective A:
Review academic curriculum to ensure it supports the needs of the real estate community.
Timing – March 2006 and ongoing
Assigned to – Executive Director, Finance Department, faculty, College of Business Dean and UNLV
Objective B:
Discuss the relationship of the Lied Institute within the College of Business.
Timing – April 2006 and ongoing
Assigned to – Dean’s Office and Lied Department
Objective C:
Continue to work with the Real Estate and Business Society (R.E.B.S.) to increase enrollment in the Real Estate Program.
Timing – Ongoing
Assigned to – Lied Board and Executive Director
Objective D:
Work with the University/College of Business to enroll 300 students in the Real Estate Program.
Timing – 2008
Assigned to – Lied Board and Executive Director
Objective E:
Survey students in the College of Business to determine their interest in and/or awareness of the Real Estate Program.
Timing – June 2006
Assigned to – Executive Director
Objective F:
Add a real estate development class in the College of Business.
Timing – 2007
Assigned to – Staff, Faculty and Lied Board
Objective G:
Develop a Real Estate Masters Program or an emphasis in Real Estate in the MBA Program.
Timing – 2008
Assigned to – Staff, Faculty and Lied Board
Objective H:
Inform all Commerce 101 students about the real estate degree.
Timing - Program in place by May 2006
Assigned to - Executive Director and outreach committee
▲ Top - back to goals
Goal 2 - Elevate the academic excellence of the Lied Institute for Real Estate Studies.
Objective A
Identify and seek areas of cooperation with other affiliated programs within the university including:
- Architecture/Planning
- Engineering
- Construction Management
- Hotel
- GIS/Geology
- Environmental Studies
Timing - Ongoing
Assigned to – Executive Director and department
Objective B
Increase awareness of and funding for real estate research opportunities.
Timing – Ongoing
Assigned to – Executive Director, Faculty and Associate Dean for Research in the College of Business
Objective C
Support faculty in recruiting at least one world-renown faculty member.
Timing - 2008
Assigned to – Finance Department, College of Business, Lied staff and Lied Board
▲ Top - back to goals
Goal 3 - Bring recognition of the Lied Institute for Real Estate Studies programs to the communities we serve.
Objective A
Partner with professional real estate associations to promote the four-year program. To include, but not limited to the following:
NDA | CREW | NAIOP | LVAR | CHAMBER | IREM | BOMA | CFE | AGC
SIOR | AIA | ICSC | APA | ULI | CCIM
Timing – First “event” by April 2006 and ongoing
Assigned to – Public relations and outreach committees
Objective B
Partner with companies in the development field to promote adult and executive education programs.
Timing – Identify companies and develop program by November 2006 and ongoing
Assigned to – Public relations and outreach committees
Objective C
Distribute Curriculum Materials in Advising Center and educate advisors about the four-year real estate program.
Timing – End of January 2006
Assigned to – Lied Staff
Objective D
Develop media campaign to reach all target markets promoting programs.
(i.e. Graduate Testimonials)
Timing – June 2006
Assigned to – Public relations committee and Lied Staff
Objective E
Expand and improve existing programs of the Lied Institute for Real Estate Studies including: Real Estate and Business Society (R.E.B.S.), Website, Career Forum, Commercial Real Estate Certification Program and the Certified Graduate Builders Series.
Timing – Ongoing
Assigned to – Mentoring and public relations committees with Lied Staff
Objective F
Develop Program to Reach High School Students, CCSN and others.
Timing – June 2006
Assigned to – Outreach committee and Lied Staff
Objective G
Create program to connect real estate graduates and businesses looking for employees.
Timing – August 2006
Assigned to – Outreach and mentoring committees and Lied Staff
▲ Top - back to goals
Goal 4 - Expand the participation and involvement of the Lied Institute for Real Estate Studies board members.
Objective A
Review bylaws and update as necessary.
Timing – May 2006
Assigned to – Executive committee
Objective B
Create ad hock committee to review the number of committees and their duties. Develop and update committee responsibilities.
Timing – August 2006
Assigned to – Nominating chair and executive chair
Objective C
Committee chairs develop written strategies to achieve objectives developed from strategic plan.
Timing – Present at January Board Meeting
Assigned to - Committee chairs
Objective D
Discuss and finalize annual investment for advisory board and executive committee.
Timing – May 2006
Assigned to –Executive committee
Objective E
Contact the Advisory Board to determine if they have a desire to continue to be an Advisory Board Member and if they would like to be on a committee.
Timing – April 2006
Assigned to – Executive committee
Objective F
Hold meeting of the full Advisory Board.
Timing – May 2006
Assigned to – Lied Staff and executive committee
Objective G
Review fund and friend raising to support expanding the endowment.
Timing – June 2006
Assigned to – Dean’s Office, Development Director and Executive Director
Objective H
Hold dinner with perspective new members that will assist in developing stronger relationships in support of the expanding programs.
Timing – October 2006
Assigned to – Executive committee and Executive Director
▲ Top - back to goals
Goal 5 - Increase resources for real estate research, teaching and additional staff.
Objective A
Create opportunities for applied and academic research for faculty across UNLV.
Timing – Define opportunities by March 2006
Assigned to – Associate Dean of Research, faculty and Executive Director
Objective B
Develop matrix for research funding capacities and topics.
Timing – May 2006
Assigned to – Associate Dean for Research and Executive Director
Objective C
Improve technology in classrooms.
Timing – Ongoing
Assigned to – Foundation fundraiser and Dean’s Office
Objective E
Identify and acquire resources for faculty and students.
Timing – Ongoing
Assigned to – Lied faculty, administration, development and Dean’s Office
Objective F
Discuss and identify resources to increase administrative staff in the Lied Institute for Real Estate Studies.
Timing – Ongoing
Assigned to – Dean’s Office, Lied staff and advisory board
▲ Top - back to goals
Goal 6 - Achieve administrative autonomy.
Objective A
Create department of Real Estate, Insurance and Business Law.
Timing – 2008
Assigned to – College of Business administration and faculty, Executive Director, executive committee and advisory board
Objective B
Create ad hock committee to generate time frames for 2006, 2007, 2008 to achieve administrative autonomy.
Timing – April 2006
Assigned to – Dean’s office, faculty and executive committee
Objective C
Create funding stream to support new department.
Timing – 2008
Assigned to – Dean’s office and Development Officer
▲ Top - back to goals
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