Topic:
Prepare
(i)
A Three-Year Strategic Plan for Progressive
International University (PIU)
(ii)
A Plan for Assessment of the Outcomes of the
Strategic Actions/Initiatives During the First Year of the Operations of PIU
Background & Overview
The global events during the last fourteen months have
result in a paradigm shift in the way people live, work, and get educated.
Although the overriding impact of COVID 19 pandemic will get neutralized in the
near future, the traditional modes of learning and teaching in higher
education, and delivery of health-care are not expected to occupy the
center-stage in the future. One of the most dramatic shifts has occurred in the
domain of higher education. Larges numbers of universities and colleges with
student enrollment levels below 1,000 have either closed or merged with larger
institutions.
The prospects for new higher education institutes to enter
the field successfully have improved because the degree/curriculum demands of
prospective students cannot be satisfied by most of the existing institutions.
The expected growth of employment in the ESG domain will push the demand for
higher education in new directions. New and fast-growing technologies, such as
electric vehicles, autonomous (driverless automobiles), biotechnology,
block-chain technology, and nanotechnology, are going to be the dominant
drivers of employment growth in all parts of the world. Additionally, innovative
application of telecommunication technology has made it feasible for small
institutions to succeed as providers of high-quality education globally.
Given this favorable scenario, a group of entrepreneurs have
decided to launch a new university, based in the U.S., but global in its
pursuit of students, and growth opportunities. This institution, named
Progressive International University (PIU), plans to start its operations in
January 2022.
PROJECT ASSIGNMENT
Your project team has been selected for preparing a
Three-Year Strategic Plan (3YSP) for the new university. This plan has to be
delivered to the administration of PIU within three months of the start of the
project/contract. Your team has past experience in similar assignments, and its
members know the steps which will lead to the preparation of a credible
strategic plan. Specifically, the sequence of activities/tasks listed below will
have to be gone through during a 12 weeks long time period to produce an
acceptable 3YSP.
1. Compose
a Mission Statement for PIU.
2. Prepare
a list of ‘Goals’ (no more than six goals)
3. Carry
out a SWOT analysis for PIU business (should be presented in a table on one
page)
4. Prepare
a Three-Year Strategic Plan for PIU. The plan should list strategic activities
along with the start-time, duration, estimated cost, expected outcome(s), and
any other relevant information. It would be prudent to utilize tables and/or
graphics to maximize visual impact of the information, and save page space.
5. The
list of strategic activities/initiatives should be prioritized on the basis of rough
benefit/cost analysis for each non-critical activity.
6. A
short recommendations section in which the methodology for assessing the
outcomes of various strategic initiatives, proposed for the first year, are
presented. Should be the last section of the 3YSP.
Project Report Organization:
While there is no standard organization for a technical report, an effective report will generally be organized by creating the sections listed below:
Title Page
Abstract/Executive Summary
Table of Contents
Introduction with Statement of Situation/Problem
Background Information
Methodology
Data Input and Calculations
Summary of Findings/Detailed Recommendations
Conclusion/Recommendations
Bibliography
Appendices
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