Building on a 130-Year Legacy
Moody Bible Institute strategically repositions for the future to build on more than 130-year legacy
Moody Bible Institute’s leadership announced today four key strategies aimed at repositioning the ministry for continued Kingdom impact.
“As we continue to face challenging ministry trends and financial demands over the next decade, Moody’s Executive Team along with the Board of Trustees and leadership have been prayerfully discerning how to strategically reposition our key ministries to build on our more than 130-year legacy of equipping people with the truth of God’s Word,” said Dr. Paul Nyquist, president of Moody Bible. “We are proactively making these strategic changes now to ensure our long-term viability and sustained growth.”
The following four strategies were part of today’s announcement to employees and students.
In an effort to build on Moody’s continued and historic ministry impact in the areas of education and media, Moody will strategically refocus specific areas of Moody Bible Institute (MBI) and Moody Theological Seminary (MTS), and further strengthen the Moody Radio network.
Adjusting undergraduate and seminary programs for short-term cost-reduction and mid to long-term planning, as well as launching initiatives geared toward bringing about a more diverse student body, are several key areas leadership has identified and will begin implementing at MBI and MTS. Regarding Moody Radio, leadership announced it will focus on strategic and organic growth initiatives for the 91-year-old network of stations in order to expand and reach more listeners across the country.
Moody Radio is one of the oldest Christian radio networks in the U.S., reaching approximately one million listeners each week through its 70 full power stations and translators, six Internet stations and more than 1,600 outlets.
Where Moody continues to experience consistent results, leadership’s focus will be to nurture these areas of the ministry. Moody Publishers, for example, will continue to execute core strategies and identify areas where they can optimize operational efficiency.
Moody Bible Institute Distance Learning (MBIDL) will continue to ensure excellence in online higher education, and discontinue operations not vital to MBIDL’s mission.
Moody Bible Institute is the world’s leading producer of original Christian content.
Moody will invest resources into areas that will reinforce Moody’s brand, leverage technologies, and ensure long-term financial viability for the ministry.
“One aspect of ensuring our financial viability is a more strategic approach to fundraising that includes the use of endowments and more robust donor engagements,” said Dr. Nyquist. “With our constituents in mind, we will also invest in creating a new high-tech, high-touch experience catered to how they access and engage the rich biblical content we continue to create through our education, broadcast, and publishing ministries.”
Positioning Moody for long-term success and impact, Moody will discontinue or refocus certain aspects of its ministry.
After the spring 2018 commencement ceremony, MBI’s undergraduate school campus in Spokane, Washington, will officially close. Students desiring to complete their bachelor’s degree at MBI will have the opportunity to transfer to the Chicago campus or complete their academic program through MBIDL.
Moody Bible Institute’s undergraduate school campus will continue to be based in the heart of Chicago, a diverse, global city with almost three million people, providing a rich context for equipping the next generation of Christian leaders.
“Since 1886, Moody in Chicago has been one of the most sought-after institutions around the world for men and women to come and receive solid, biblically-based education to prepare them to serve wherever the Lord called them,” said Dr. James Spencer, vice president and dean of MBI. “We are deeply grateful to the Lord for all those who faithfully served in Spokane and for what took place through this campus. Many men and women have been sent out and are making an impact for the Kingdom around the world in all areas of life.”
Moody Aviation, which is also based in Spokane, will continue to operate and equip students in the area of missionary aviation technology.
Founded in 1946, Moody Aviation is one the oldest and largest missionary aviation training centers in the world.
“With these proactive strategic changes that leadership teams will begin implementing immediately, Moody will be better positioned to steward well, effectively and efficiently the resources God has blessed us with to advance ministry and take on challenges and opportunities into the future,” added Randy Fairfax, chair of Moody’s Board of Trustees. “Based on much prayer, counsel, and discernment this is our path forward. We firmly believe God will continue to guide and provide for Moody and are grateful to those who stand with us prayerfully and financially as we seek to reach the world for Christ through our ministries.”
For more information about Moody Bible Institute, please visit www.moodybible.org.