Tag Archives: Strategic Plans

Competitive Advantage Comes From Internal Capabilities

In a nutshell, over my past 10 posts, I have advocated that most private colleges and universities should pursue a focused differentiation strategy based on a unique mission and vision that solves a significant problem for its target customers. My … Continue reading

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The Limitations of the “Comprehensive” University

There is a prevalent sense among academics that a university is meant to be “comprehensive” i.e. provide a full range of programs and degrees at the undergraduate and graduate level. In fact, the dictionary definition of a university is a … Continue reading

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Why Should I Go To Your School Instead of a Cheaper One?

The first half of most Strategic Management textbooks are often filled with the various models of Michael Porter. Around Chapter 4, the Strategic Positioning model is usually introduced: Like many of Porter’s models, Strategic Positioning is easy to grasp, but … Continue reading

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Can Private Universities Compete on Price?

When I began teaching Strategic Management in 2003, Southwest Airlines was just entering the Philadelphia market. This proved to be very disruptive for the dominant incumbent, US Air. Whenever Southwest enters a market, the first impact is that overall fares … Continue reading

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Good Intentions, Bad Outcomes

There is an acronym that every undergraduate business student knows (or should know). That acronym is SMART, and it is used to determine whether a goal or objective is effective. There is some variation of wording, but the acronym stands … Continue reading

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Why Universities Need Strong, Meaningful Mission Statements

In my previous post, I argued that one reason universities are running into problems is that they have failed to master basic strategic management. Chapter 2 of virtually every Strategic Management text is about Mission and Vision statements, and the … Continue reading

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