Longterm View of Higher Education Institution Strategic Plan

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Biola | STRATEGIC MANAGEMENT AND LEADERSHIP | [Date] Biola | STRATEGIC MANAGEMENT AND LEADERSHIP | [Date] HIGHER EDUCATION STRATEGIC DEVELOPMENT- A LONG TERM VIEW CASE STUDY OF UNIVERSITY OF ABERDEEN. HIGHER EDUCATION STRATEGIC DEVELOPMENT- A LONG TERM VIEW CASE STUDY OF UNIVERSITY OF ABERDEEN. TOPIC OVERVIEW Economic Co-operation and Development’s (OECD’s) report, Education at a Glance (2012), says 30% on average of adults in OECD countries have tertiary level education. According to the report, attainment of higher education has increased tremendously over the past 30 years. Universities and higher institutions are driven to engage in a strategic planning process by so many forces. Some of these forces includes, increasing demand for…show more content…
| Finance | To deliver financial sustainability to achieve core academic objectives | -ensure staff costs equate to no more than 60% of turnover-Achieve an annual surplus of 3% of turnover-review all major administrative business processe to ensure the most effective use of resources | -levels of borrowing aqnd liquidity-level of return on investments-regular budget performance monitoring and reporting. | Source: University of Aberdeen Senate Report, (2007), Strategic Plan, Agenda item 4,

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