Making strategy at a Malaysian higher education Institution

Abdul Rahman, Shukran and Abdullah, Nur Anisah (2011) Making strategy at a Malaysian higher education Institution. In: 2nd International Conference on Economics, business and Management (ICEBM 2011), 25th - 27th November 2011, Maldives.

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Abstract

Malaysia is working towards transforming into a knowledge-driven economy where the generation and the utilization of knowledge contribute significantly to economic growth and wealth creation.Knowledge being singled-out as one of the key factor in driving growth and creating value. This notion has an expansive implication on how industry, academia and government must now work closer to make active contribution. Universities are now driven to find their way to better deliver. Drawing upon Mintzberg’s five definitions of strategy: plan, ploy, pattern, position and perspective [1], this paper reviews the elements of strategic planning in the context of a higher education institution in facilitating their strive to deliver in responding to those emerging demands. It also demonstrates how the Balanced Scorecard framework can potentially help structure a more comprehensive thought-through process in shaping strategies. It concludes with a set of guidelines for strategy making.

Item Type:	Conference or Workshop Item (Plenary Papers)
Additional Information:	2032/43107
Uncontrolled Keywords:	Strategic planning, multiple stakeholders, higher education institution, balanced scorecard
Subjects:	B Philosophy. Psychology. Religion > BF Psychology H Social Sciences > H Social Sciences (General) > H10 Societies
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences Kulliyyah of Islamic Revealed Knowledge and Human Sciences Kulliyyah of Islamic Revealed Knowledge and Human Sciences > Department of Psychology
Depositing User:	Prof. Dr Shukran Abd Rahman
Date Deposited:	29 May 2015 09:57
Last Modified:	21 Jul 2020 17:02
URI:	http://irep.iium.edu.my/id/eprint/43107

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