In the face of stiff completion for scarce funds to effectively navigate the affairs of business schools, college deans have to come up with strategic plans to ensure that various opinions and inputs of stake holders including faculty and staff are accommodated. Additionally, such deans are expected to come up with goals and objectives designed to strengthen their colleges, and at the same time satisfy the internal and external constituents about the feasibility of such a plan. One of the popular approaches used is through strategic plan as deployed by Nikita college of business.