What is a Higher Education Corporate Strategy?
A Higher Education Corporate Strategy focuses on setting the overarching strategic direction to ensure the institution achieves strategic alignment and executes the most important goals.
What's included in this Higher Education Corporate Strategy template?
- 4x Higher Education Corporate Focus Areas
- 12x Higher Education Corporate Objectives
- 23x Higher Education Corporate Projects
- 18x Higher Education Corporate KPIs
Who is this Higher Education Corporate Strategy template for?
This higher educational strategy template can be useful for institutions like colleges and universities but can also be suited and adapted for high school strategies and other types of educational institutions.
How is this Higher Education Corporate Strategy template relevant to your organization?
A Higher Education Corporate Strategy template is important for any such institution as it helps shape and create the culture that the company is working towards and ensure they're on track to achieving their strategic goals. Having such a strategy in place determines the current strengths of the institution and how they can mitigate risks.
1. Define clear examples of your focus areas
Focus areas can be viewed as the foundation pillars in working towards your strategy. They are useful in expanding your vision statement and actually creating some structure to work towards achieving your goals. To clearly come up with higher education focus areas it is important to understand the core values of your organization and the culture you are trying to create.
For example, in a university, focus areas could be Financial, Students Experience, Recognized worldwide, and Business Performance. These focus areas will usually revolve around what the organization is trying to achieve and why they believe it to be an important area to prioritize.
2. Think about the objectives that could fall under that focus area
A strategic objective usually has to be specific and measurable. They are performance goals that are set to increase productivity and reflect some form of big picture direction for your organization.
An example objective that could fall under the focus area of finance: Create a tangible road-map from the current financial state to a more successful profitable future state.
Setting such objectives propels the business forward with a sense of direction and gives businesses something to direct energy and effort into accomplishing their corporate strategic plan.
3. Set yourself measurable targets (KPIs) to tackle the objective
A KPI is a key performance indicator that is measurable and evaluates the success rate of an organization in relation to the task at hand. With reference to the Higher Education Corporate Strategy template, Higher Education KPIs have to clearly track performance to create the next set of action steps.
A few examples of some KPIs you will find in this template are:
- Increase quantity of enrolled students to 10,000
- Decrease % of dropout from 20 to 10%
- Increase quantity of Master Degree students by 50%
4. Implement related projects to achieve your KPIs
With regards to achieving said KPIs, it is important to have a few projects which can assist your organization in actually reaching the target. The use of projects within this Higher Education Corporate Strategy template plays an important role in assessing the success rate of KPIs and are literal ways of accomplishing the target at hand.
Higher Education Corporate Strategy project examples:
- Implement an option for annual payments with disccount
- Create a Student Advocacy Board
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Make sure your strategy is front and center with Cascade. You can plan, execute, measure and adapt your strategy in one easy-to-use platform and make sure your strategic plan is connected to on-the-ground execution.
Get inspired by this High Education Corporate Strategy template and launch your strategy in Cascade; it's $0 forever.