Formulating The Strategic Framework For The Development Of Private Universities: An Indepth Study Based On Vietnam Private Education
DOI:
https://doi.org/10.48047/h5tb5k68Keywords:
strategic framework, private education, Vietnam, private universitiesAbstract
This research focused on the importance of strategic planning in the growth and upkeep of vietnam's private institutions. The higher education system has been under a lot of pressure because of competition from other schools, an increasing number of studentsand swift changes in society and the economy. Even while private schools provide students more options, they still have problems with finances, staffand their reputation.The study used a quantitative research methodology and a random sampling technique to identify 633 respondents. The researcherused spss 25 for anova and factor analysis to make sense of the data we got from the structured surveys. The results demonstrateda significant association between the usage of strategic frameworks and the efficiency with which private colleges solve problems including resource management, guarantee of qualityand graduates' employability.Disparities between rural and urban institutions have been established by the results. Due to increased industrial connectivity, simpler investment and more profitable recruiting of qualified workers, universities in urban locations succeeded. Yet, institutions in less developed regions encountered systemic challenges that made their endeavours less successful. These results highlight the necessity for customised strategic frameworks that are both adaptable and situational.The study showed that private schools are incapable of becoming more competitive, creativeor adaptable in a changing market without adequate preparation. The findings indicate that long-term positioning, substantial contributions to national developmentand global integration are all improved by frameworks that include internationalisation, digital transformationand industry collaboration
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