I think the front office thinks the playoffs are 50-50, contingent on Rondo. Rich Gotham said that they're excited to see "2011-2012" Rajon Rondo, and I genuinely think he was telling the truth. They've made moves to get better while also maintiaining flexibility.
To expand upon my first statement, I think the front office wants and believes we can make the playoffs in the weak East. Even without Rondo last year, we were closer to the playoffs than the worst record. However, I think they are waiting to see if Rondo steps it up to decide what direction we're going. If he steps it up and leads the team to the playoffs, I think we'll go all in trying to improve our spot each year. I think if Rondo doesn't look healthy or doesn't step up his game, we will go with the youth movement, which we've already done with some moves (ie Turner, Young, Smart, AB, Oly, Sully, etc.). Basically all of our team's contributors, other than Rondo and Green (our two biggest contributors) are young, and we could go either way at this point. I think the front office has put themselves in a good "wait and see" spot, where we could easily contend or go young. I don't say rebuild" because I think the Celtics have already set up a decent young foundation.