Professional Documents
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ManagingBusinessStrategy DawWaing TKT-MBA-2423009
ManagingBusinessStrategy DawWaing TKT-MBA-2423009
Table of Contents
1.Company Overview, Vision and statement alignment………………………………………..2
2.Business Purpose and Operations…………………………………………………………….4
3.External Assessment Overview………………………………………………………………8
4. Internal Assessment Overview………………………………………………………………11
5.Strategic Actions Based on Valuation………………………………………………………..13
6.Strategic Action Implementation…………………………………………………………….15
7.Strategic Management Plan Development……………………………………………………16
8. Device Strategy Review, Evaluation, Control Mechanisms………………………………….19
9. Nurturing Business Ethics, Social Responsibility, and Environmental Sustainability…...…..21
10. Enhances organization in business growth, efficiency and sustainability………………....22
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1. EduFuture, a school with a focus on bridging the gap between traditional and STEM education.
Let’s break down the key components of an essential administration plan for such a school:
Vision and Mission Statements:
o Vision: “To empower students with comprehensive knowledge and skills for the
future.” This vision emphasizes the importance of equipping students not only with
STEM expertise but also with a broad understanding valued in education.
o Mission: “To provide an innovative, integrative, and inclusive education that
combines the strengths of both traditional and STEM learning.” This mission
highlights the goal of integrating technical proficiency and critical thinking skills
from STEM education with the holistic thinking fostered by traditional education.
o EduFuture charges €500 for a 5-day course and €640 for a 7-day course (prices do
not include 24% VAT).
o For participants with an Erasmus+ grant:
§ Course fee: €400 for a 5-day course (tuition and materials) and €560 for a
7-day course.
§ Organizational costs: EduFuture charges €100 per participant for
administration and organizational costs (venue, rent, school visits, etc.).
Funding options include Erasmus+ for European citizens, and self-payment for participants from
outside the EU. ("Pricing & funding | EduFuture," n.d.)
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Proposed revision to the mission statement emphasizes adaptability and innovation, which aligns
well with the evolving landscape of education and the integration of traditional and STEM
(Science, Technology, Engineering, and Mathematics) approaches.
“To provide an innovative, integrative, and adaptable education that combines the strengths
of traditional and STEM learning.”
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and opportunities of the future. Our vision and mission, guided by core values and strategic
objectives, position us to bridge the gap between traditional and STEM education models.
EduFuture’s approach to education is commendable! Let’s break down the key points from your
contextual analysis:
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§ Engagement through interactive and practical learning opportunities
is essential.
Overall, EduFuture’s holistic approach seems well-aligned with the evolving needs of students and
the demands of the modern workforce. (Education Elements, n.d.)
EduFuture’s integration of Project-Based Learning (PBL) into the curriculum is a strategic move
to enhance educational offerings. Let’s delve into the benefits of PBL:
Deep Learning:
Skill Development:
Practical Application:
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PBL aligns well with EduFuture’s goal of preparing students for the challenges of the future. It
not only enhances subject knowledge but also equips students with practical skills that extend
beyond the classroom.
EduFuture performs well in nature of educational plan and educator mastery, however needs to
work on mechanical mix and development in helping strategies to contend all the more
successfully with a STEM-centered establishment. (Marketplace, U. (n.d.)).
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2.3 Contextual investigation: Carrying out PBL at EduFuture
Let’s delve into the “Sustainable City Design” project carried out at EduFuture. This project
exemplifies the power of Project-Based Learning (PBL) in fostering engaged and well-rounded
students. Here’s a breakdown of the project:
Objective:
o Task students with designing a sustainable city using principles from both
traditional subjects and STEM disciplines.
o Research Phase:
§ Students explore existing cities and sustainability practices.
§ Topics covered include urban planning, renewable energy, and
environmental impact.
§ Students draw knowledge from history, geography, and environmental
science.
o Planning Phase:
§ Student groups develop plans for their cities.
§ Considerations include infrastructure, energy sources, and waste
management systems.
§ This phase requires mathematical calculations, engineering principles, and
logical thinking.
o Design Phase:
§ Students create physical or digital models of their cities.
§ They apply art and design skills alongside technology tools (such as
computer-aided design software).
o Presentation Phase:
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§ Groups present their city designs to a panel of teachers, parents, and local
authorities.
§ This fosters communication and presentation skills.
EduFuture’s Commitment:
EduFuture’s external assessment practices and the steps taken to enhance them. Explore the
expanded assessment methods and the positive outcomes:
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3.1.1. Stakeholder Surveys
By incorporating traditional surveys for students, parents, and teachers, EduFuture can gain deeper
insights into stakeholder needs and satisfaction levels. These surveys cover various aspects of the
educational experience:
Stakeholder Surveys:
o Student Surveys:
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§ Conducted quarterly, focusing on engagement, satisfaction, and suggestions
for improvement.
§ Students reported higher engagement levels and appreciated the increased
use of interactive learning tools.
§ Many expressed interests in additional hands-on activities.
o Parent Surveys:
§ Conducted semi-annually, capturing parents’ perspectives on their
children’s overall development.
§ Parents noted improved communication with the school and greater
satisfaction with their children’s learning outcomes.
§ The positive impact of new technologies and real-world applications was
highlighted.
o Teacher Surveys:
§ Conducted bi-annually, assessing curriculum effectiveness, professional
development opportunities, and resource needs.
§ Teachers valued the professional development opportunities and resources
provided through the tech partnerships.
§ They reported feeling better prepared to integrate technology into their
teaching.
o TechEd:
§ Provided access to the latest educational software and tools, along with
instructional sessions for educators.
o InnovateLearn:
§ Collaborated on customized digital learning platforms tailored to
EduFuture’s curriculum.
o STEMify:
§ Offered studios and hands-on STEM projects for students, enhancing
practical learning opportunities.
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EduFuture’s commitment to comprehensive assessment and strategic partnerships aligns perfectly
with our mission to blend traditional education with STEM skills. By actively engaging
stakeholders and embracing technological advancements, we continue to prepare well-rounded,
innovative, and adaptable learners.
Open doors remember developing interest for STEM training and advances for instructive
innovation, while dangers are a serious market, monetary vulnerability, and mechanical
disturbances. (Marketplace, U. (n.d.)).
4. Inside Appraisal: Upgrading EduFuture's Essential Administration
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Staff Feedback:
• Regular surveys and feedback sessions with instructors and administrative staff to gauge
satisfaction and identify challenges.
• Active involvement of staff members fosters a collaborative environment.
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Professional 0.10 3 0.30
Development
Programs
Administrative 0.10 3 0.30
Efficiency
Marketing Strategy 0.05 2 0.10
Total 1.00 3.45
Integrating interdisciplinary project-based learning (PBL) is an effective way to bridge the gap
between traditional and STEM education. Let’s explore the implementation steps and benefits in
more detail:
Interdisciplinary project-based learning (PBL) is a method that bridges the gap between traditional
and STEM education. It involves curriculum development, assessment, and teacher collaboration.
Interdisciplinary projects align with educational standards, fostering critical thinking, creativity,
and problem-solving skills. Assessment criteria evaluate the process and outcome, focusing on
collaboration and innovation. Teachers from different disciplines collaborate to create and guide
interdisciplinary projects. Benefits include improved engagement, skill development, and practical
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application. By integrating various subjects, students gain a holistic understanding of real-world
issues, preparing them for diverse challenges and enhancing their educational experience.
5.2. Upgrading Educator Preparing Programs
Implementing teacher preparation programs is crucial for integrating STEM into traditional
education. Strategies include professional advancement workshops, continuous learning
opportunities, and mentorship programs. These strategies empower educators with practical skills
and up-to-date teaching approaches. Benefits include improved teaching quality, enhanced
educator confidence, and better student outcomes. Regular workshops cover innovative teaching
techniques, while continuous learning opportunities provide access to online courses and
communities. Investing in teacher training directly impacts the quality of education students
receive.
5.3. Putting resources into Best-in-class Research facility and Innovation Resources
Investing in state-of-the-art laboratory and technology resources is crucial for providing students
with hands-on learning opportunities. Let’s explore the implementation strategies and benefits in
more detail:
Implementation Strategies:
Resource Allocation:
o Allocate budget for upgrading existing facilities and acquiring new equipment.
o Consider a range of resources, from advanced robotics kits to 3D printers.
o Ensure that students have access to cutting-edge tools for experimentation and
exploration.
Partnerships:
Training:
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o Train both students and educators in effectively using these new technologies.
o Integration of technology should be part of improved teacher training programs.
o Empower educators to confidently incorporate innovative tools into their teaching
methods.
Benefits:
Enhanced Learning:
o Equipping students with tools for conducting experiments, building models, and
engaging in interactive learning.
o Practical experience enhances understanding and retention of STEM concepts.
Future Readiness:
o Familiarizes students with technologies they will encounter in higher education and
the workforce.
o Prepares them for STEM careers by building relevant skills.
Promoting Innovation:
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instructions, and assessment criteria, ensuring alignment with educational standards and
promoting interdisciplinary learning. Pilot testing is conducted to gather feedback from students
and teachers, and the finalized projects are rolled out across all grade levels.
Regular training workshops and professional development sessions are organized, with expert
involvement in workshops to keep educators informed about the latest educational trends and
technologies. A professional learning community is established, where teachers can share
experiences, discuss challenges, and exchange best practices. Mentorship programs are also
offered to help less experienced teachers implement new teaching strategies.
A budget for facility upgrades and resources is allocated, with a focus on prioritizing spending
based on critical needs and potential impact on student learning. Resource procurement is done
by researching reliable vendors and suppliers for laboratory equipment, computer hardware, and
educational software, and establishing partnerships with technology companies to secure
discounts or equipment donations. Facility upgrades are scheduled, and equitable access to
resources is ensured for all students.
Training and maintenance are provided for both teachers and students, ensuring they understand
the functionalities of new equipment and software. A maintenance schedule is established to
maintain the equipment's longevity and functionality. Monitoring and evaluation are done
through clear milestones and performance indicators, and a feedback loop to gather feedback
from teachers, students, and other stakeholders.
In conclusion, the EduFuture approach to education requires careful planning, collaboration, and
investment. By fostering a detailed project-based curriculum, organizing professional
development for teachers, and upgrading facilities and resources, students receive not only
academic knowledge but also practical skills, preparing them for the challenges of the future.
7. Tending to Advertising, Money, Bookkeeping, Research and development, and the board Issues
in Essential Execution
Marketing
EduFuture's interdisciplinary curriculum offers a unique approach to education, combining
traditional and STEM education. To demonstrate the effectiveness of this model, the school uses
storytelling, digital marketing, and community engagement. Storytelling involves sharing success
stories of students who have thrived in the curriculum, such as projects, competitions, and real-
world problem-solving experiences. Digital marketing involves optimizing EduFuture's website,
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creating engaging content, running targeted ad campaigns on platforms like Facebook, Instagram,
and LinkedIn, and regularly communicating with subscribers through newsletters.
Community engagement involves building strong connections with the community through open
houses, workshops, student ambassadors, and alumni involvement. These events provide an
opportunity for students and parents to interact with teachers, explore facilities, and learn about
the unique curriculum. Alumni testimonials can also serve as powerful marketing tools.
Partnerships with local businesses, tech companies, and educational organizations enhance
visibility and credibility. Local businesses can partner with businesses aligned with EduFuture's
mission, while tech companies can explore partnerships with tech firms to offer internships, guest
lectures, or joint research projects. Educational associations can also be involved in conferences,
webinars, and panel discussions to showcase EduFuture's expertise. By tailoring these strategies
to EduFuture's unique strengths and values, the school can attract prospective students and parents
who share their vision for holistic education.
Finance
A detailed budget is crucial for effective financial management, focusing on critical investments
like lab equipment, technology upgrades, and teacher training. It should include provisions for
ongoing maintenance and updates, and a contingency fund for unexpected expenses. Fundraising
opportunities include grants from educational foundations, government agencies, and private
organizations, donations and sponsorships from alumni, local businesses, and community
organizations, and partnerships with other institutions or companies. Cost management involves
implementing cost-saving measures such as bulk purchasing, technology efficiency, and vendor
negotiations. Bulk purchasing allows for volume discounts and favorable rates with suppliers,
while technology efficiency leverages technology for administrative tasks. Vendor negotiations
involve regular review and negotiation of contracts with vendors. Long-term financial planning is
essential for balancing immediate needs with future growth. Reserve funds are created for
unforeseen expenses and strategic investments are allotted to enhance educational quality, attract
students, and align with EduFuture's mission. A proactive approach is required to regularly review
and adjust financial strategies based on changing circumstances and organizational goals.
Accounting
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To maintain clear and transparent accounting practices, EduFuture should use robust software to
track and record all financial transactions related to new initiatives. This includes selecting
software that suits EduFuture's needs, regularly inputting financial data, and providing financial
updates to stakeholders. Establishing clear audit trails ensures accountability and transparency by
maintaining detailed records for every expense, conducting regular internal audits, and engaging
external auditors periodically to validate the accuracy of financial records.
Transparent communication with stakeholders is crucial, and financial reports should be provided
to them regularly, including income, expenses, and any surplus or deficit. Regular updates should
be shared to keep everyone informed, and contextual information should be provided to explain
the financial implications of new initiatives and how investments contribute to EduFuture's
mission and growth. Transparent accounting practices not only maintain trust but also demonstrate
responsible financial management, fostering confidence and support for EduFuture's initiatives.
Innovative work (R&D)
To maintain relevance and effectiveness in the curriculum, it is crucial to regularly analyze
educational trends and innovations. This can be achieved through regular updates on new teaching
methods, technological advancements, and industry changes. Collaborating with educators from
other institutions and being open to adjusting the curriculum based on emerging trends is essential.
Creating an innovation hub within the institution allows teachers and students to experiment with
novel ideas and technologies. This can be achieved through physical spaces, pilot projects, and
cross-disciplinary collaboration. Investing in ongoing professional development for staff can be
achieved through workshops, seminars, guest speakers, and online courses.
Feedback mechanisms can be established through structured surveys, focus groups, and adaptive
changes. Regular surveys assess curriculum effectiveness, while focus groups help identify areas
for improvement. Adaptive changes are made based on feedback to address gaps or enhance its
impact. An agile and responsive approach to educational trends ensures that the curriculum
remains dynamic and beneficial for all stakeholders.
Management
Effective management strategies are crucial for EduFuture's success. Key actions include clear
strategic communication, inclusive leadership, robust monitoring and evaluation systems, and
fostering a culture of collaboration. Clear communication ensures everyone understands the vision
and objectives, using various channels like meetings, newsletters, and digital platforms. Inclusive
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leadership involves teachers, staff, and students in decision-making processes, and forming
committees or working groups can focus on specific aspects of the strategic plan. Regular
performance data review and adjustments to strategies are essential for achieving key goals. A
culture of collaboration encourages open communication, feedback, and shared responsibility for
achieving strategic objectives. Addressing marketing, finance, accounting, research, and
development issues is essential for EduFuture's success, bridging the gap between traditional and
STEM education.
8. Incorporating SWOT Examination into Vital Preparation at EduFuture
Incorporating a SWOT analysis into EduFuture’s strategic planning process is a smart move.
(Marketplace, U. (n.d.)). Delve into each aspect:
Strengths (Internal):
Opportunities (External):
o STEM Demand: The growing demand for STEM education presents a significant
opportunity. Expanding STEM offerings can attract more students.
o Educational Technology: Leveraging advancements in edtech can enhance
learning experiences and keep EduFuture ahead of industry trends. Strategic
partnerships with tech companies and other educational institutions can help
achieve this.
Weaknesses (Internal):
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o Limited Technological Resources: Addressing this weakness is essential.
Investing in advanced equipment and providing teacher training for effective
technology integration can improve the learning environment.
o Student Engagement Challenges: EduFuture should focus on strategies to engage
students effectively. Enhancing marketing efforts to communicate the unique value
proposition will also be crucial.
Threats (External):
Strategic Execution:
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9. Encouraging Morals, Social Obligation, and Natural Maintainability at EduFuture
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Cultural Integration:
By weaving business ethics, social responsibility, and environmental sustainability into your
curriculum, community engagement, and daily operations, EduFuture not only educates students
but also prepares them to be ethical leaders, socially responsible citizens, and environmental
stewards.
EduFuture’s essential administration plan’s clear that EduFuture is committed to bridging the gap
between traditional and STEM education models. Let’s break down some key points from your
text:
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Adaptability and Competitiveness: In the dynamic educational landscape, adaptability and
competitiveness are crucial. Regular assessments help EduFuture stay informed about industry
trends, emerging technologies, and evolving student expectations. This agility allows them to
adjust curricula, teaching methods, and practices effectively.
Student-Centric Approach: EduFuture’s ultimate goal is to meet students’ needs today while
preparing them for tomorrow. Beyond academic achievement, the institution emphasizes values
like business ethics, social responsibility, and environmental sustainability. These values shape
responsible global citizens and community leaders.
Long-Term Success: The practical necessity of an essential administration plan lies in its ability
to keep EduFuture focused on its mission, adaptable to change, and committed to continuous
improvement. By aligning actions with core objectives and fostering a culture of innovation and
excellence, EduFuture can achieve lasting success.
Overall, EduFuture’s strategic approach ensures that students receive a holistic education,
equipping them for a rapidly evolving world.
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