Will collaboration help Universities meet their strategic priorities
The changing world dynamics and the economic downturn have been felt by Universities world wide. This year most of the Universities have seen erosion in their endowments. The reduced financial ability of students and parents to pay for higher education has further attenuated this issue. On the other hand the Universities can provide temporary research and development staff, bespoke management and leadership consulting and cost effective incubation support that have all turned into valid opportunities for both the Universities and industries to weather the current crisis.
This business environment has led many higher educational institutions to re-draft their strategies and priorities. Some of the common strategic priorities across most Universities that I have been consulting with include
Internationalization – This includes the recruitment of foreign students, partnering with foreign Universities to deliver common classes, faculty coordination across different Universities and industry connections across the globe
Student retention – This is a high priority amongst most Universities and directly translates into funding for the school.
Industry association – Industry networks are an extremely important priority for most educational institutions. These networks result in graduate employment, research funding, industry sponsored students and multiple such opportunities for the faculty and students
Pedagogical modernization – Most Universities see the need to strengthen their brand through modernization of their teaching content and delivery
While these strategic priorities require business alignment that most Universities are rightly focusing on, collaboration and communication technologies can act as a catalyst helping these institutions succeed in these activities. Let us see how through a use case:
As this use case shows Collaboration technologies can help connect teams of faculty and students across the globe helping them to work together in a seamless manner sharing each other’s expertise and perspective. This helps achieve the institution’s goal for internationalization.
In a similar way embedding communications and collaboration into the business fabric of the higher educational institutions can help these organizations achieve their strategic goals in an accelerated fashion.
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