NCON’s five-year plan represents the college’s longer-term
planning horizon and chronicles sustained activities for
major initiatives. It also coincides with the capital funding
plan and development of institutional initiatives. The
five-year plan is updated annually (as well as when conditions
merit); the annual update leads to the development of
a one-year tactical plan, which is the college’s shorter-term
planning time horizon. Time horizons for planning are set by
balancing business requirements, efficiency of management
resources, and areas of risk as part of the process of gathering
feedback from participants to improve the SPP.