The document outlines the strategic plan for the Financial and Resource Operations (FRO) department at UBC. It discusses three key priorities: 1) Delivering extraordinary campus experiences through investments in technology, infrastructure, and campus services; 2) Achieving operating excellence through organizational effectiveness, summer campus use, and risk management; and 3) Building a deep talent pool across UBC through an integrated staff model, hiring and development, and health and well-being initiatives. The plan aims to help UBC address provincial funding cuts and global competition through revenue diversification, financial sustainability, and delivering an outstanding learning and working environment.

1. FRO Strategic Plan
March 2014

2. UBC’s strategic context
2
Provincial cuts and
policies
• BC grant cuts1
• Loss of maintenance
funding2
• Tuition cap
• Debt cap
University ambitions
• Transformative learning experience: Flexible
Learning for undergraduate teaching and
targeted professional expansion
• Global excellence in key research areas
• Innovation hub for BC
Significant sector
transformation
• On-line consortia,
blended learning
• Major investments
needed
• Global competition
• Emerging consolidation
1.Cost cutting
2.Revenue
diversification
3.Strategic investments
1. 10% inflationary loss in 5 years + 1% and 1.25% cuts
2. $20m loss
2

3. University strategies
3
Academic priorities
• Learning Excellence: Flexible Learning, Student experience, Place and
Promise
• Internationalisation
• Research excellence, graduate student support
• Innovation: entrepreneurship, partnerships, consulting
• Health: synergies, Academic Health Science Network, wellbeing
Effectiveness
• Teaching model (enabled by
Flexible Learning)
• IT synergies and partnerships
• Finance capabilities (integration,
PD1, systems)
• Administrative and operating
efficiencies
• Provincial Shared Services
• Communications
Revenue diversification
• International enrollment in a
context of diversity (Vantage)
• Professional programs2 and
Lifelong learning
• Federal research Excellence Fund,
Indirect cost of research
• Summer use of campuses
• Land revenues
• Fundraising
1. Professional Development
2. including Applied Masters, certificates (both credit and not credit),
continuous professional development and corporate programs
3

4. Key metrics
4
All data are 12/13 (1) Bachelor within 6 years for 2006 entry class, Vancouver only as Okanagan is too recent; (2) 2 and 5 years after graduation; (3) BC
graduates working in positions related to their education; (4) Ratio of deferred maintenance ($578m) divided by the total value of the buildings; (5) 91% of funding
for all projects comes from donors or project revenues; 97% of this funding is raised by Board 3; (6) Going-concern funding level; (7) $54m from direct industry
funding and $10m from industry partnered funding; Does not include $114m from NGOs; (8) Driven by a 4.6% recovery rate on allowable and non-federally
funded research: industry, foundations; (9) Cumulative since 1978, UBC averages 5 spin-offs per year; (10) Operating revenues outside of the Provincial grants as
% of total revenues; (11) Financing costs/total revenues; (12) S&P, Moody’s; (13) IMANT managed endowments plus SHFE
Teaching
# applicants/seat 3.3
Average entry GPA 90%
Graduation rate1 78%
Employment 2/5 years2 93/96%
Employment relevance3 84%
Assets
Deferred maintenance4 16%
Fundraising $213m
External Capital $5 91%
Endowment13 $1,129m
Staff Pension Plan6 112%
Finance
Operating deficit $0m
Non-public revenues10 55%
International tuition $105m
External debt burden11 1.6%
Credit rating12 AA+/Aa1
Research and Innovation
Total research funding $519m
Industry7 funding $64m
Indirect cost recovery 5.2%8
Spin-offs9, partners 160/1,100
Teams with e@UBC 80
4
Area of concern
Opportunity

5. Financial strategy
• Revenue diversification is paying off. In 5 years, government grant
has dropped from half to 45% of UBC’s operating budget. In ten
years, it will have dropped to one-third.
• Internationalization and diversity (enhanced by Vantage College) are
key to UBC’s financial stability. Their success allow UBC to invest in
teaching and research, which in turns strengthens its reputation and
helps attracts outstanding faculty and student. This virtuous circle is
the new paradigm of great public Universities.
• Revenue opportunities from Flexible Learning in terms of professional
and corporate programs, as well as revenue potential from Faculty
Consulting are also key to the financial sustainability of the Faculties
• Over the next few years, UBC needs to continue investing in key Place
and Promise priorities: Flexible Learning, Healthy University, Students
Services, Research priorities/Graduate Support, IT, Seismic upgrade,
Branding and Marketing.
• But overall budgets remain very tight.
5

6. FRO priorities
• Deliver extraordinary campus experiences
• Achieve operating excellence
• Build a deep talent pool across the
University
6

7. Extraordinary campus experiences
Holistic support to Flexible Learning
• IT investments
• Classroom retrofit and utilization
• Support toward the development of professional programs
Outstanding academic and community infrastructure
• Undergraduate teaching labs, other academic priorities
• Collegia, informal spaces
• Gage South precinct, Public realm plan
• Okanagan campus plan
Word-class campus services and animation
• Foodservices experiences and healthy choices
• Bookstore renewal
• Programming and animation, UBC Card
• Community engagement
Sustainability
• Academic and Neighbourhood District Energy System, Electrical demand
• Zero-waste action plan
• Transit (Biking access, UBC Line)
7

8. Operating Excellence
Organizational effectiveness
• Payment and Procurement processes
• Payroll function
• Parking efficiency and consolidation of University Services front office
• Continuous optimization in Building Operations
• Administrative IT systems
Summer use of campus
• Vancouver: academic programming, 12-month programs, pre-University
camps, conference business
• Okanagan: “game-changer” to make housing and services viable
System-wide perspective
• System governance
• Okanagan strategic plans (financial, capital and urban)
Proactive risk management
• Liquidity and internal borrowing
• Personal Information
• Seismic risk, disaster response and recovery
8

9. Talent pool
Integrated distributed model
• Finance capabilities: integrated distributed model
• IT capabilities: better support
• Support Faculty of Medicine and Health Faculties
Hiring and development
• Identifying, developing and hiring talent
• Career planning and inter-unit mobility
• Finance certification
Health and well-being
• Inspiring workplaces and open working environments
• Physical and mental health initiatives (Building Operations)
• Old SUB transformed into UBC Life building for student life and support
• Athletic facilities
Housing affordability (Housing Action Plan)
• Student housing expansion
• Faculty and Staff rental, affordable ownership
• Innovation in terms of social sustainability (community building)
9

10. 10