Improved financial tools
The new Spartan Financial Navigator system is a modern budget and planning tool introduced for the fiscal year 2024-25 budget. The tool allows MSU to develop a long-term financial framework when coupled with the recently implemented all-funds budgeting approach. Additional capabilities to further improve forecasting and analytics are planned for implementation in subsequent years. In addition, the university has engaged external consultants to provide comprehensive review and analysis of internal processes and spending trends to identify areas for institutional improvements.
The future of transportation
In partnership with the Michigan Department of Environment, Great Lakes and Energy; Consumers Energy; and the Capital Area Transportation Authority, MSU installed two direct current, fast-charging EV stations, located at the CATA Multimodal Gateway in parking lot 80 at 1240 S. Harrison Road in East Lansing. Available for public use, the stations can recharge any compatible electric vehicle in under an hour. The location of the stations was determined using research by an associate professor in MSU’s College of Engineering.
Increasing supplier diversity
The university is piloting a new tool to improve business inclusion by providing infrastructure that streamlines and enhances processes for strategic sourcing, prospective partner registration and spend reporting. The goal is to increase understanding of market availability, help buyers strategically source and solicit bids for robust bid pools, and allow prospective partners to proactively share their core capabilities and interest in doing business with MSU, as well as build relationships that support diverse outreach and sustainable and socially responsible procurement.
Vision 2050
Vision 2050: An Integrated Facilities and Land Use Plan seeks to embed diversity, equity and inclusion; student, faculty and staff success; and sustainable health in all campus, research and land use activities. It provides a flexible framework of recommendations to guide the campus’s physical development for years to come. By completing the plan, MSU has successfully achieved Objective 2 of the Stewardship and Sustainability Theme in the MSU 2030 Strategic Plan. Vision 2050 will now serve as both a near-and long-term guide for campus planning.
Technology modernization and efficiency
To provide optimal value in a cost-efficient and sustainable manner, MSU redesigned its portfolio management practice and aligned the service portfolio to the Educause service model. This enables industry best practice for optimization, planning and delivery. These initiatives result in resources reallocated from low-impact and redundant technology services to enterprise technology. In addition, the recent retirement of the MSU mainframe, in service since 1981, saved the university $1 million annually in maintenance and support expenses associated with this infrastructure, and dial-up internet services were discontinued due to low utilization and the availability of more cost-efficient alternatives.