The 49-year-old has been in interim charge at Molineux since Mick McCarthy was sacked in February.
During Connor's tenure Wolves have been relegated to the Championship, leading to speculation that he will leave the club in summer.
Whatever the outcome, Connor has insisted that the most important thing is that the club make plans for next season.
"I'll be reviewing my part of what's happened and the whole season," said the boss. "Let the club find what path they want to take. Whatever happens has to be for the good of the club.
"The club will try to move forward; some people will stay, some will go. That's down to how the club wants to go.
"Whatever input I have, it will be for the benefit of Wolves, not me."
Connor will remain in charge until at least the end of the campaign.