Higher Education Industry: Some Aspects to Be Considered
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This is a presentation of an initial process in starting a new business in higher education industry in Indonesia
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—Introduction to ManagementWEEK TEN THE EXCEPTIONAL MANAGER.docx
—
Introduction to Management
WEEK TEN: THE EXCEPTIONAL MANAGER -STRATEGY
Semester 1, 2019
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To create Em dash above headline:
Same size and weight as the headline and set using a soft return.
PC: Em dash (—): Alt+Ctrl+ - (minus)
Mac: Em dash (—): Shift+Alt/Option+hyphen
1
2019 Course Experience Survey
(CES)
Tell us what you think
‹#›
‹#›
Your feedback is valuable
Every semester, we ask students to give us feedback on what works well and what needs to be improved
It’s called the Course Experience Survey (CES) and it helps us improve teaching, course design and content for you
It takes about 10 minutes to complete online
‹#›
For those cynics out there…
The CES matters – it’s part of making sure we’re doing a good job
The CES works – it has delivered a lot of improvements to what we do and you get
It helps you and those who come after you
It helps us
‹#›
Your feedback has an impact
Examples of change from student feedback:
Change to group sizes
Updated and more relevant content and examples
Change in class format
Change in lab tasks
Changes in assessment
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When is it happening?
The CES goes online each semester.
Semester 1 2019 CES dates
HE: Start: 6 May 2019 End: 2 June 2019
VE: Start: 6 May 2019 End: 2 June 2019
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What devices can be used to access the survey?
Desktop
Laptop
iPad
Smart phone
‹#›
There are 3 options to access the survey
1. Find the survey link in your student inbox
Sender :
Subject:
Click link in email
2. Access via
https://surveys.rmit.edu.au/Blue/
Student login is required
‹#›
3. Access via myRMIT
under ‘Launch Application’
click on ‘Student Survey’
Any questions?
Email to [email protected]
‹#›
Any incentives to complete the CES?
All completed surveys will be placed in a raffle to win an iPad.
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Objectives of this Lecture
What does it take to be an exceptional manager?
Am I really managing if I don’t have a strategy?
Review of best-known classic strategy theories
How does effective execution help managers during the strategic-management process?
Introduction to Management
Functions of Management
Managing emotions at work & employees
The exceptional manager: strategy
Networking to build e-portfolios
Course Review
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The skills exceptional managers need
Technical skills
– the job-specific knowledge needed to perform well in a specialised field
Conceptual skills
– the ability to think analytically, to visualise an organization as a whole and understand how the parts work together
Human skills
– the ability to work well in cooperation with other people to get things done
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In the 1970s researcher Robert Katz identified three skills that are very important to being an exceptional manager: technical, conceptual and human skills.
Ask your students to think of a manager who had one or two of these skills, but not all three. What was the negative impact to the busin.
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The document summarizes an entrepreneur's career path and business venture called ASK Education & Training. It provides details on the venture's founding, development over time, business model, strategies, and revenue. Key events that influenced the venture included joining a training partner, acquiring higher qualifications, and strategic partnerships. The entrepreneur took actions based on feedback and advice to increase sales, control costs, and eventually become profitable.
Topic1 Ovrview
The document provides an overview of strategic management concepts including defining strategy, the importance of strategy, strategic choices, building competitive advantage, and the relationship between strategy and business models. It discusses developing a strategic vision to guide a company's future direction and goals.
Selling Learning Centers
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13.00-MikeGriffiths.pdf
- The document discusses outsourcing training and reducing training costs through outsourcing. It provides examples of cost reductions organizations have achieved by outsourcing training functions.
- There are different training elements that can be outsourced, such as content design, delivery, and administration. Outsourcing is growing in popularity due to cost pressures and the large global market of training providers.
- When selecting a training outsourcing provider, organizations should look for proven capabilities in areas like knowledge, execution, innovation, value for money, and reputation. Various cost models are available depending on the client's preferences.
Introduction to strategic management
This document provides an overview of key concepts in strategic management including definitions of strategic planning, management control, and operational control. It also discusses mission and vision statements, goal setting, gap analysis, strategic choice, and performance measurement. Multinational strategies and issues are briefly covered along with benchmarking, the product lifecycle, and sources of risk and uncertainty.
Strategy mgm
This document discusses strategic management concepts including strategy, strategic intent, strategic fit, approaches to competitive innovation, and vision and mission statements. It provides definitions and components of strategy, describes strategic intent as an ambitious and compelling dream, and strategic fit as aligning current capabilities with opportunities. It outlines approaches to competitive innovation such as building advantage layers and changing terms of engagement. Finally, it discusses the benefits of clear vision and mission statements, components of effective mission statements, and evaluates example mission statements.
What is strategy and why important
This document discusses the importance of strategy and provides an overview of key strategic concepts. It defines strategy as a company's "game plan" to attract customers, compete successfully, and achieve objectives. A good strategy fits the company's situation, provides competitive advantage, and boosts performance. Crafting and executing strategy are core management functions because they shape the company's direction and impact its long-term success.
Strategy and business model
The document outlines key components of a business plan, including an executive summary, company description, industry analysis, strategy/business model, marketing and sales plan, production/operations plan, management/organization, financials, and appendix. It then discusses concepts related to developing a strategy, including the value proposition, vision, strategic positioning, strategic management process, and strategic checklists. Finally, it covers business model components like revenue sources, cost drivers, investment size, and critical success factors.
Startegic Planning A.Egros
Corporate and Personal Strategic Planning is a Process for Reaching Professional or Personal Goals. It can be used in coaching sessions for individuals, small businesses corporate teams or corportae planning to strategize action plans
Strategic analysis & planning for NGOs engl
This document discusses strategic planning and analysis for non-governmental organizations (NGOs). It provides frameworks and questions to evaluate an NGO's current performance, strategy, and environment to determine if the strategy needs to be updated. The key elements discussed include evaluating strengths/weaknesses, goals, product/market focus, competitive advantages, organizational capabilities, and consistency with the mission and vision. A series of questions are provided to guide assessing various components of the strategy and determining what changes may be needed.
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Higher Education Industry: Some Aspects to Be Considered
- 1. Higher Education Industry Prepared by Edhi Juwono
- 2. Key Elements of Business Model Components Key Questions Value Proposition Why should the customer use our product? Earning Model How will we earn money? Market Opportunity What market place or space do we intend to serve, what its size? Competitive Environment Who else occupies your intended market? Competitive Advantage What unique advantages do we have comparing to our future rivals? Marketing Strategy How we formulate the strategy based on previous 5 components? Organizational Development What types of business process and organizational structure we have to build based on the previous 5 components? Management Team What kind of solid management team we are going to create based on the need of the organizational development. Source: Laudon, Kenneth C. and Traver, Carol Guercio 2010. E-Commerce 2010. 6th Ed. Upper Saddle River: Pearson Education, Inc.
- 3. Value Proposition • Common value proposition Up to date curriculum Reputation and prestigious (old & well-known) Easy come-easy go Cheapest tuition fee Advance technology and support infrastructure • Mostly universities are offering a hard-skills competencies, only small numbers of them deliver a soft-skills competencies.
- 4. Earning Model • In common: based on revenue (sales). It depends on the tuition fee if the university is a teaching university, and research grant/sponsorships if the university is a research university. • Some universities add its earning by developing its treasury. They create endowments. • So, at least there are three types of earning model: revenue based, grant/sponsorships, and treasury
- 5. Market Opportunities • High School Fresh Graduates (Fulltime Students) • Employees (Part-time students) • National, regional, or global
- 6. Competitive Environment • Based on the type of structure: university, institute, school of …, academy • Based on the authority: Kopertis I, II, III, and so on • Next … ASEAN Economic Community