Making Strategy in a Malaysian Higher Education Institution

Nur Anisah Abdullah, Shukran Abdul Rahman

Research output: Contribution to journalArticle

Abstract

Malaysia is working towards transforming into a knowledge-driven economy where the
generation and the utilization of knowledge contribute significantly to economic growth and wealth creation. Knowledge being singled-out as one of the key factor in driving growth and creating value. This notion has an expansive implication on how industry, academia and government must now work closer to make active contribution. Universities are now driven to find their way to better deliver. Drawing upon Mintzberg’s five definitions of strategy: plan, ploy, pattern, position and perspective [1], this paper reviews the elements of strategic planning in the context of a higher education institution in facilitating their strive to deliver in responding to those emerging demands. It also demonstrates how the Balanced Scorecard framework can potentially help structure a more comprehensive thought-through process in shaping strategies. It concludes with a set of guidelines for strategy making.
Original languageEnglish
Pages (from-to)193-198
Number of pages6
JournalInternational Proceedings of Economics Development and Research
Volume22
Publication statusPublished - 2011

Keywords

  • strategic planning
  • higher education
  • Malaysia
  • public institution
  • balanced scorecard

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