international business: strategic alliances in higher education

18
International Business: Strategic Alliances in Higher Education Dr. Gurinder Singh Pro V.C (I) Amity University, Director General, Amity International Busines School and CEO, Association of International Business School, London Mobile : +91-9810705891 E- mail : [email protected], [email protected].

Upload: olwen

Post on 06-Jan-2016

108 views

Category:

Documents


1 download

DESCRIPTION

International Business: Strategic Alliances in Higher Education. Dr. Gurinder Singh Pro V.C (I) Amity University, Director General, Amity International Business School and CEO, Association of International Business School, London Mobile : +91-9810705891 - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: International Business: Strategic Alliances in Higher Education

International Business: Strategic Alliances in Higher Education

Dr. Gurinder SinghPro V.C (I) Amity University,Director General, Amity International Business School andCEO, Association of International Business School, LondonMobile : +91-9810705891E- mail : [email protected], [email protected]

Page 2: International Business: Strategic Alliances in Higher Education

MAJOR FOCUS ON…..How to meet the challenges of the highly

priced elastic market all over the globe.New methods of approaching customers –

Virtual ApproachGlobal Recognition - Aligning education with

Global Job Opportunities.Current recession in the education industry.How to have strategic alliances with quality

institutions in Asia.Issues which are very important while

entering into the partnership with Asian countries.

Page 3: International Business: Strategic Alliances in Higher Education

Market strategies for successful and profitable market arrangements with Asian institutions.

Strategies for getting good quality students.

Brand building exercise.

Page 4: International Business: Strategic Alliances in Higher Education

CURRENT RECESSION

All over the world there is a decline in students going for higher education.

Reasons:• Increasing number of drop outs in

schools & colleges.• Young generation is keen in

earning more than learning more.

Page 5: International Business: Strategic Alliances in Higher Education

Commercialization, privatization and globalization.

Scarcity of money and high cost in getting the professional education.

Lack of awareness about the courses which can enhance their market values.

Selective recognition by the corporate to A- GRADE institutions.Global recession.

Page 6: International Business: Strategic Alliances in Higher Education

Asians are still keen to study & do research.

An extensive Research Study has proven that “out of 10 Asian students who get an

opportunity for higher education, abroad, 8 avail it.

Page 7: International Business: Strategic Alliances in Higher Education

MAJOR ISSUES FOR PARTNERSHIP.Quality in addition to volume of businessFinancial viabilityCourse should be accepted globally.Quality corporate networking.Value addition

Page 8: International Business: Strategic Alliances in Higher Education

STRATEGIES Joint recruitment and programme deliveryStructured strategic alliances with quality

institutions.Virtual class rooms with some

international exposureJoint ventures Joint Research and publicationsExchange programs between institutions.Seminars and workshops with foreign

universities.

Page 9: International Business: Strategic Alliances in Higher Education

Well- structured selection procedures.Franchising abroad.Simplifying the procedures for enrolling

students with foreign universities.Scholarship programs.Research Funding- win win strategy

Page 10: International Business: Strategic Alliances in Higher Education

INDIA - A CASE STUDY.Every year 100,000 students from India go

for higher education to US, UK & Europe.

Another 40,000 students go for higher education in other countries.

Page 11: International Business: Strategic Alliances in Higher Education

OPTIONS AVAILABLE…A CASE STUDYTo have strategic alliances with qualitative

institutions in India, where a part of the curriculum can be delivered in the country and the remaining part abroad.

Successful case in IndiaAdvance Entry ModelVirtual Model : Pan African ProjectFranchise Model

Page 12: International Business: Strategic Alliances in Higher Education

BRAND BUILDING…..Value addition for students.International exposure.Successful international marketing

operations.Placement to students.Promotional program by institutions.Workshops and seminars by institutions.

Page 13: International Business: Strategic Alliances in Higher Education

Accessibility of service depends upon…...The number and skills of the persons

associated with providing the core, facilitating and supporting services.

Office hours, class and seminars schedules, time used for other services.

Ambience.

Page 14: International Business: Strategic Alliances in Higher Education

`Tools and equipment used.Number, quality and aptitude of students.Interaction between the students,

environment of the institute and other sub-systems.

Page 15: International Business: Strategic Alliances in Higher Education

Guidelines for effective promotion...Create clear and simple messages.Emphasize service benefits.Make realistic and attainable promises.Build on word of mouth communication and

referrals.Provide tangible clues in terms of

certification, records, etc.

Page 16: International Business: Strategic Alliances in Higher Education

Placing decision of educational services...Major factors affecting are:what is the market demand? Will the

purchase of service be negated if the institution is not conveniently located?

What are the competitive alternatives available?

How effective are the supportive services(transportation, health centers,

food joints etc.) located with the institution?

Page 17: International Business: Strategic Alliances in Higher Education

BARRIERS TO USE PROMOTIONAL TOOLS FOR EDUCATION EFFECTIVELY

           Most educational institutions are product oriented rather than market or student oriented.

         Professional and ethical considerations may prevent the use of certain forms of promotion.

              The nature of competition               The nature of consumer

attitudes 

Page 18: International Business: Strategic Alliances in Higher Education

 GUIDELINES                  Create Clear Simple

Messages                 Emphasize Service Benefits              Make Realistic, Attainable

Promises  Build on Word of Mouth

Communication and Referrals                        Provide Tangible Clues                        Develop Continuity in

Advertising