Such interesting comments and analysis on this thread!
I agree with @Zoom10 carefully laid out plan, except for the part about athletics, b/c…
D1 athletics is just way, way too costly and risky. Sure, I’d love to see Chicago compete in the Big 10, but let’s be clear, to field competitive teams, Chicago would need to invest $1-1.5B. The football program alone could cost $300-$400M (to build a top-class stadium and training facility, recruit, give out scholarships, pay a coach, etc.). Then, building a top-flight D1 field house, upgrading all the sports facilities to top D1 levels, paying athletic scholarships, paying D1 coaches, etc. It’s just a ton of expenses, for unpredictable gains.
Instead, in terms of a strategic plan, I see it like this:
Goal: Universal recognition as a world-class, comprehensive research U
Plan:
1.) Increase the endowment (the next $10B campaign is a must – the prior $5B campaign should just be an appetizer)
2.) Increase Compsci’s standing AND start a world-class engineering school – ideally, with a $500M-$750M gift, Chicago could create a small engineering school from the ground up. Engineering seems to be a necessity today. Not having an engineering school deflates application #s and makes some students look elsewhere. Heck, even Swarthmore has an engineering program.
3.) Pour resources into the medical plant: expand research footprint, get the hospital back in the top 10-20 in the nation, and the med school into the top 5-10. Prominence in STEM is key for a 21st century research U, and Chicago isn’t up to snuff yet to be H and S class at this point. Invest at least $2-$2.5B for the expansion and recruitment of top talent.
4.) Establish top 5 standing in D3 sports - get to the Williams level here. Make it clear that at Chicago, excellence in any endeavor is expected. If Chicago chooses to compete on the D3 level, be firm: the expectation is excellence.
5.) Innovate to increase brand strength: I keep this vague, but, essentially, I’d like Chicago to earmark $500-$750M purely to broaden brand awareness.
*** Establish a central office concerned only with brand awareness. This office can serve as the U.'s internal think tank to stay ahead of the curve and keep UChicago in the social consciousness. To do this, the office will need money - lots and lots of money (e.g., hundreds of millions) to spend.
This office could then try to:
- Build thinktanks and institutes across the country. Essentially, "plant flags" across the U.S. - have University of Chicago centers across the U.S. - in LA, NYC, Chicago, Boston, Dallas, Houston, the Southeast, etc. These venues could function both as intellectual centers and event spaces. Constantly bring people in to the spaces, have lectures, host events for different groups, bring in high schoolers, etc.
At these think tanks, promote key Chicago initiatives. For instance, bring the UChicago Crime Lab to NYC, LA, Houston, Atlanta, etc. Have UChicago Institute of Politics events in DC, NYC, across the U.S. etc.
- Building UChicago community centers in impoverished areas across the U.S. Have them focus on learning, and also offer community benefits (sports programs, recreation, etc.). Huge goodwill generation possible here.
[In COVID times - spend to broaden the virtual footprint of the school. Not sure how to do this, but social media, programming, sponsorship of shows, etc.]
- Establish an expansive program of middle and high school related awards. From inner city schools to prep schools, established "University of Chicago" awards across the nation, for excellence in academics.
- Do some straight up marketing - advertise and sponsor orchestras, ballgames, museums, movies, etc. Strike an exclusive deal to be the "official university" for the next 10 Marvel superhero films - just some out-of-the-box marketing
- Establish institutes of sports analytics: instead of building a D1 program, invest in analysis of sport. Have these centers throughout Europe and the U.S. In essence, partner with the Bears, Manchester United, the Yankees, the Lakers, etc.
- Have big annual events right on campus: host the heisman awards, be a part of the NFL draft, political debates, etc. Pay to get these events on campus (or in conjunction with the U.) Have this *every* year, so people expect these events to happen at Chicago.
We could do all of the above for probably half the cost of starting a good (not even great) D1 sports program. I’d rather do the above than field a bunch of D1 mediocre sports teams.
Thoughts?