EdTech Insight – How to Manage: Executing Strategy

by | Jun 10, 2024 | Harvard Business Review, News & Insights

Executive Summary and Main Points

In the rapidly evolving field of education technology, key innovations and trends are shaping the future dynamics of global higher education. At the forefront is the digital transformation, bolstered by strategic planning and implementation efforts that are crucial for business growth and change management within educational institutions. Expert strategist Andrea Belk Olson illuminates the importance of organization-wide strategy development and effective change management, underscoring the necessity of inclusive strategic planning and addressing resistance to change.

Potential Impact in the Education Sector

As educational institutions navigate the landscape of Further Education, Higher Education, and Micro-credentials, the systematic approach emphasized by Olson can be critical for their success. By leveraging Olson’s insights, academia can foster strategic partnerships and promote digitalization initiatives that are more likely to secure employee buy-in and facilitate smooth organizational change. Furthermore, such strategies may enhance the offer and delivery of micro-credentials, which are becoming increasingly important in the global job market.

Potential Applicability in the Education Sector

Innovative applications of Andrea Belk Olson’s change management strategies can be found through the integration of AI and digital tools in higher education. AI-driven analytics can identify areas for strategic improvement, automate administrative tasks, and personalize learning experiences. The adoption of these digital tools can streamline the implementation of new strategic plans and make the process more transparent and adaptable to the needs of a diverse international student body.

Criticism and Potential Shortfalls

While Olson’s strategies are pivotal for driving change, criticisms arise from the possible disconnect between top-down strategy formulation and ground-level implementation, especially in diverse and multifaceted international education systems. This may lead to a lack of contextual sensitivity and overlook the ethical and cultural implications of standardized strategies. Comparative international case studies show that successful strategies often require localized adaptation to meet the unique needs of each institutional culture and student populace.

Actionable Recommendations

Educational leaders at the international level should consider the following actionable recommendations:

  • Engaging in active dialogue with all stakeholders when formulating and implementing new strategies to ensure that diversified viewpoints are included in the decision-making process.
  • Incorporating localized adjustments to overarching strategic plans to address cultural and ethical differences within the global education framework.
  • Leveraging AI and digital tools to assist in monitoring the effectiveness of implemented strategies and to facilitate flexible, real-time responses to feedback from the education community.

Such strategic insights are crucial for maintaining relevance and competitiveness in international higher education.

Source article: https://hbr.org/podcast/2024/06/how-to-manage-executing-strategy