Roy Hodgson will meet West Brom owner Jeremy Peace in the next 24 hours to thrash out plans aimed at establishing the club in the top flight.
Albion have ensured Premier League football for another campaign with 16 points from 10 matches under Hodgson despite losing 3-1 in Sunday's derby with Wolves at Molineux.
Hodgson is aware of Peace's desire not to over commit the Baggies financially and suddenly face the problems which have faced some clubs after dropping out of the Premier League.
But the former Liverpool boss also wants the best possible opportunity to try and ensure West Brom can finally end years of yo-yoing between the Premier League and the Championship.
Hodgson said: "We've got a meeting early in the week. We've had a couple of brief discussions but everything up to now has always been qualified by 'let's wait and see what league we will be in.'
"That is understandable. The very important meeting with myself and Dan Ashworth (technical director) is coming up when we sit down and look at what is possible, what isn't possible, what we'd like to do.
"But I do know the chairman is 100% behind trying to help us stabilise even more (in the Premier League).
"This is his club, he wants the best for it, and he wants it to survive year after year if it can.
"He doesn't want West Brom to become one of those clubs which after a couple of glory years suddenly finds themselves sliding down towards the Conference.
"That is very important. I share his concerns about that.
"I share his ethos with regard to the club but also of course, he shares my desire and ambition to be in the Premier League and to get as high as possible."
Hodgson knows Peace will take great satisfaction if Albion can finish as the leading midlands club after years of struggle in the top division.
He said: "If we can finish above some of our rivals this year, it will be of great satisfaction to him.
"In his nine years in charge, there won't be many where he has been looking down at other midlands clubs. He's always been looking up at them."
Hodgson is surprised West Brom managed to guarantee survival with three games to go in a repeat of the rescue act he performed at Fulham four years ago.
He said: "The programme has been pretty tough. We started with the first Wolves derby and then went to Stoke which is not exactly a piece of cake.
"Then we've had Birmingham away, Arsenal, Liverpool, Chelsea, Sunderland, Spurs. You are looking at those games and you are not expecting to average two points a game from those matches.
"I was definitely thinking if we could keep ourselves in the fight, the last three games might see us get our heads above the parapet as was the case at Fulham."
Hodgson admits the absence of Paul Scharner, Steven Reid and Chris Brunt was crucial in losing to Wolves in terms of being able to defend set pieces.
He said: "Three important players who are good in the air - Reid, Brunt and Scharner - were all missing from the game.
"We replaced them with good footballers but who were not as adept at winning heading duels
"If you are talking about defending corner kicks, Reid, Scharner and Brunt are three of the most important players in our team."
