STANDARD 2 PLANNING, RESOURCE ALLOCATION, INSTITUTIONAL RENEWAL In its planning processes, NJIT • Aligns resource allocation with near-term strategic objectives and long-term goals • Manages change effectively • Assures maintenance of institutional quality At NJIT, resource allocation • Incorporates a continuous dynamic process leading to periodic assessment and systematic change • Aligns near-term strategic objectives and long term goals At NJIT, institutional renewal is achieved by • Using the results of strategic planning processes • Utilizing comprehensive reporting to recalibrate and refine the university’s vision, strategies, and tactics • Viewing internal and external factors as challenges to be met Strategies for the Future • NJIT will strengthen interrelationships among institutional, operational, and unitlevel planning management to ensure these are effectively aligned with Strategic Plan, 20102015.