Business model shifts: making Malaysian university-of-the-future sustainable and relevant in the post-pandemic and digital era

Ahmed Wani, Bilal and Safi, Qandagha and Ahmad Dahlan, Abdul Rahman (2022) Business model shifts: making Malaysian university-of-the-future sustainable and relevant in the post-pandemic and digital era. Journal of Information Systems and Digital Technologies, 4 (1). pp. 103-128. E-ISSN 2682-8790

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Abstract

Long before the pandemic struck in 2020, digital transformation would have been a strategic goal in making future universities relevance and sustainable in the post-pandemic and digital era. In recent years, however, the progressive roll-outs that constituted the basis of these programmes have been abandoned, with universities embracing online learning and digital student services at an alarmingly fast rate. This study investigates the digitisation of teaching & learning (T&L), Research & Innovation (R&I) and Community Engagement (CE) as both an external process affected by the government and worldwide trends, as well as an internal activity occuring inside educational establishments in Malaysian Current Universities (MCU). Malaysian Universities need new business models in order to remain relevant and viable. Driving factors such as technological advancement, financial assistance and market developments are forcing the higher education sector to rethink its business model. The post-pandemic, 4IR and digital changes are dynamic and complex. We use a design thinking approach in which business modelling tools such as the Environmental Map (EM), Business Model Canvas (BMC), and Value Proposition Design Canvas (VPC) are used to establish, layout, and consider different business models to humanise education for higher education institutions, as well as for other universities in Malaysia and globally. These technologies enable universities to create value and give value propositions and advantages to their customer segments. Finally this paper amis to establish a conceptual Malaysian University of the Future (MuotF) business model that is continuously relevance in the post-pandemic and IR4.0 era.

Item Type:	Article (Journal)
Uncontrolled Keywords:	Malaysian University of the Future, Digital Transformation, Business Model, Post-pandemic, IR4.0, Humanize Education
Subjects:	T Technology > T Technology (General) > T55.4 Industrial engineering.Management engineering. > T58.6 Management information systems
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Information and Communication Technology Kulliyyah of Information and Communication Technology Kulliyyah of Information and Communication Technology > Department of Information System Kulliyyah of Information and Communication Technology > Department of Information System
Depositing User:	Mr Abdul Rahman Ahmad Dahlan
Date Deposited:	22 Jun 2022 08:10
Last Modified:	22 Jun 2022 08:12
URI:	http://irep.iium.edu.my/id/eprint/98211

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