1 what is strategy & development process 2 assessing the strategic position - where are we? 3...
TRANSCRIPT
1 What is Strategy & Development Process
2 Assessing the Strategic Position - Where are we?
3 Strategic Choices - Where do we want to be?
4 Implementing Strategy - How will we get there?
Sessions at Al Kharj
Adapted from Johnson & ScholesExploring Corporate Strategy
Session 3
Strategic Choices:Where do we want to
be?
Development Process1. Preparation2. Environmental Scan, SWOT & Key Issues3. Define Values and Mission4. Develop a Shared Vision (and Aims &
Objectives)5.Strategies to address issues & achieve vision6. Write Strategy7. Develop Action Plan8. Monitoring & Review
Strategic Choice:Where do we want to be?
Adapted from Johnson & ScholesExploring Corporate Strategy
If we don’t change direction, we might end up where we’re
headed!
Chinese Proverb
Strategic Choice : Where do we want to be?
Developing a Shared Vision
• In light of some of the key strategic issues identified earlier, what should the University look like?
• Where do we want to be in 5 or 10 years?
Developing a Shared Vision
• Ensure your issues cover the major areas:– Teaching programmes (quality, depth, spread)– Resources– Status, reputation, brand– Partnerships and alliances (regional, national,
international)– Governance & structure– Student & staff populations– Ethos, culture, internal environment
Strategic Choice : Where do we want to be?
– Balance between Teaching, Research & Other?– What will we strengthen?– Do we want ‘centres of excellence’?– Expansion, quality or both?
• Which areas are we NOT going to invest in?• What will be STOP doing?
“All decisions have an opportunity cost which means there are other
developments you need to forgo. It is very important to recognise this and weigh up the pros and cons in taking
strategic decisions.”
Professor A Long, Geography, Durham
Strategic Choice : Where do we want to be?
Vision
SHEFFIELD HALLAM UNIVERSITY: VISION
Our vision is to be renowned as a forward thinking, enterprising and business engaged university.
We will be known for providing a high quality and cutting edge learning experience …. We will build on
our existing strength to attain an international reputation as a leader in applied design and
creativity and in healthcare and active lifestyles.
By 2010 we should have:
1. Rolled out imaginative and vocationally relevant courses in all areas of the curriculum and improved the quality of the student experience, so that we have:• Increased the number of students at Coventry University from 13,200 to
15,000 FTEs • Increased student satisfaction from 75% to 80% ‘very satisfied’ • Improved progression into graduate level jobs from 60% to 70%.
2. Improved the IT infrastructure, developed applications and processes so we are a ‘smart’ campus.
4. Improved staff satisfaction using appropriate external benchmarks.5. Increased our turnover to £140m from £105m in 2004/5 and secured the
surpluses agreed with the Board of Governors each year.6. Moved into the top ten of ‘new’ universities as judged by the Times League Table.
(Moving up from 88th to 62nd on 2005 figures)
Coventry University: Vision
So what should Alkharj be like in 5 years from now?.
Issue 1: How can we build on our teaching strengths?.
Issue 2: To what extent should we exploit our location and offer courses in agriculture/farming?
Developing a Shared Vision - Example
• By 2015, the University of Alkharj will:– Be widely recognised in the region as an excellent
teaching university– Have developed a small number of centres of
excellence in plant biology and agriculture– Be the University of choice for students wanting
qualifications in agricultural subjects– Have a highly successful and fully embedded
system of quality assuring all teaching provision
Then turn the vision into :.
Aims: should be of such a nature that when they are reached the University
will have addressed strategic issues and fulfilled part of the vision.
.
Objectives: should be SMART:Specific, measurable, achievable, realistic and
timed
Aim 1: To provide an academic education that is research-led and transformative, a curriculum underpinned by excellence in teaching facilities and a culture of reflective practice.
Objective (i) To link learning and teaching to our research at all levels, providing an educational environment which is research-led, research-oriented and research-based, and our students with the opportunity to engage actively inproblem solving, question forming, critical analysis and debate. This requires personal interaction of our students with world-class researchers in the forefront of their disciplines and time spent as residents within our communities.
Durham Vision, Aims & Objectives
Developing Strategies
• Consider the SWOT, Strategic Challenges, Vision and Aims/Objectives
• What core strategies do we need to adopt to address the challenges and achieve the vision?– For example
• Quality enhancement• Restructuring• Marketing & profile raising• Community engagement
Developing Strategies
• These might well become key ‘themes’ of the strategy
• Deciding on them will involve an ‘opportunity cost’
Note: deciding on the specific strategies to be used can be done by involving a wide variety of staff
Developing Strategies
• Strategies should resolve major issues, developing new academic areas or methods of delivery, attracting new or different students or high level partnerships.
• Often require structural changes to direct and sustain changes in the organization.
• Ensure strategies don’t conflict with each other, i.e., that implementing one strategy will directly impair implementation of another.
Opportunities
Greater emphasis on quality assurance and systems
ThreatsOther high quality universities
in the regionMore students entering Higher
Education
Strengths
Alkharj has good reputation for teaching
Location is perfect for agriculture
Weaknesses
Higher than desired drop-out rate
Strengths Weaknesses
Opportunities Should strive to maximize strengths and capitalize on
new opportunities
Needs real effort to conquer weaknesses by making most
of new opportunities
ThreatsStrengths under threat from
competitors. Should use strengths to parry any threats
Defensive strategy. Trying to minimize weaknesses and
avoid external threats
The Strategic Position : SWOT Analysis
The Strategic Position : SWOT Analysis
Strengths Weaknesses
Opportunities
New and improved QADevelopment of centres
of excellence in agriculture/farming
Threats Development of niche areas
Take measures to reduce drop-out to
below level of other universities
The Strategic Position : SWOT Analysis & Strategic Challenges
The Strategic Position : SWOT Analysis & Strategic Challenges
Developing Strategies
• Identify possible options for each strategy• Evaluate each in terms of:
– Value in meeting goals– Appropriateness for Alkharj– Feasibility – can it be done?– Acceptability – will it meet with undue
opposition?– Cost-benefit – enough benefits to justify cost– Timing – is it right for this option?
Developing Strategies
• Developing high quality teaching provision:
1. Increase the entry requirements2. Enhance the support and advice provided to
students3. Improve the quality of teaching4. Develop a small number of ‘centres of teaching
excellence’Value, appropriateness, feasibility, acceptability, cost-benefit, timing
Task
Suggest broad strategies for achieving vision, aims & objectives – evaluate any alternatives or options