A strategic plan was developed for the Arizona State University (ASU) College of Business. Development of the strategic plan involved creation of ASU Business Partners, a group of over 40 representatives from the business community working closely with 47 faculty members and students to create a model "business school of the future" and to assess the impact of the changing business environment on professional education and research programs. The strategic plan was based on a vision of the University presented by the ASU President, a vision of the College of Business presented by its Dean, a mission statement developed by the Steering Committee of ASU Business Partners, and five Task Force reports. The College's mission statement outlines its commitment to: continuous improvements in quality, development of students' ability to manage a diverse workforce, information technology, an academic curriculum that combines rigorous theoretical knowledge with development of practical skills, globalization, excellence in teaching, meaningful research, and the community. Objectives and key strategic tactics for achievement of those objectives are outlined in the areas of faculty, students, undergraduate programs, Master of Business Administration program, research, doctoral program, economic development, and organizational development. (JDD)