Transcript Champions of Lifelong Learning

The Strategic Planning Process at
FHR School of Business
April 15, 2015
A learning experience
Suriname
Area: 163,820 sq km
Population: 573,311
(July 2014 est.)
GDP per capita: USD
12,900 (2014 est)
Main source of income:
the mining industry, with
exports of alumina,
gold, and oil accounting
for about 85% of
exports and 25% of
government revenues
Suriname
FHR Lim A Po Institute for Social Studies
in Paramaribo, Suriname
FHR Institute for Social Studies
Programs
Program:
Offered by:
Bachelor of Business
Administration Program
&
Master of Small & Medium
Entreprise Management
&
Master of Business
Administration
&
Master in International &
Comparative Law
Master of Public
Administration in
‘Governance’
&
&
Vision
FHR promotes a voluntary and self-motivated pursuit
of lifelong learning for personal and professional
reasons.
FHR is an institute for higher education
contributing to modernization of society by enhancing
performance of management, governance, legal
practice and business and is aspiring to be “a stateof-the- art integrated institute of accredited bachelor
and master programs”
Mission of FHR School of Business
‘To provide undergraduate education in management,
finance, international business and commerce at
international standards in a stable and orderly
learning environment, ensuring that students can
develop their talents to their full potential and become
highly competent professionals.’
7
Planning management cycle
Periodic
Management
Assessment &
Review
Strategic Plan
(EFQM)
Annual year
plan (A3)
Annual planning cycle
Key drivers strategic planning
• Shared responsibility
• Continuous improvement
• Comply to international standards
• Implementing standardized
policies and
Comply to
procedures
international
standards
Strategic map
Internal factors
Step 1
Step 3
Step 4
Step 5
Profile of
the school
Broad based
Operational
Goals
Resources
External factors
Step 2
SWOTAnalysis
Mission
Business
environment
Strategic
positioning
Broad based
Student
Learning
Goals
STRATEGIC
ACTIONS AND
FINANCIAL
PROJECTIONS
(5-year
forecast)
Mission linked to objectives & CSF
Our mission:
To provide undergraduate
education in management,
finance, international
business and commerce at
international standards in a
stable and orderly learning
Broad-based student learning goals
The student Is able to collect and interpret
relevant data with the aim to form a judgment that
is partly based on the consideration of relevant
social, scientific or ethical issues.
environment, ensuring
that students can
develop their talents
to their full potential
and become highly
competent and ambitious
professionals.
Strategic actions (Critical
Successdefining Factors - CSF)
•Mastery of characteristics of
effective teaching
•Excellent student outcomes
EFQM Model Components
Fundamental concepts
of excellence
RADAR
EFQM Criteria
Fundamental Concepts of Excellence
EFQM Model criteria
The RADAR
Planning Dashboard
Management review
19