SPACE ANALYSIS AS A TOOL FOR STRATEGIC DEVELOPMENT IN HIGHER EDUCATION INSTITUTIONS

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DOI:

https://doi.org/10.31713/ve3202410

Keywords:

SPACE-analysis, higher education institutions (HEIs), infrastructure of education, financial stability, quality of education

Abstract

This research provides a comprehensive analysis of strategic recommendations for higher education institutions (HEIs) in response to contemporary challenges and opportunities in the educational landscape. It emphasizes the importance of ensuring financial stability through cost optimization and diversification of funding sources, while enhancing education quality by investing in faculty development and modernizing programs to align with labor market needs. The study also highlights the necessity of infrastructure support, focusing on technical modernization and the adoption of digital technologies to increase accessibility. In addition, the research outlines strategies for enhancing the reputation and brand of HEIs through effective communication, alumni engagement, and compliance with accreditation standards. Aggressive strategies are proposed for innovation in educational programs, international market expansion, and active participation in research activities to foster growth and competitiveness.

Author Biography

Yelyzaveta Mykhailova, National University of Water and Environmental Engineering, Rivne

Candidate of Economics (Ph.D.), Associate Professor

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Published

2024-09-27

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