Showing posts with label educational services. Show all posts
Showing posts with label educational services. Show all posts

Thursday, January 9, 2014

British Report Highlights the Advantages of International Education


Education is going global and the economics are in place to make this happen. According to a study in 2013 by the British Government entitled International Education: Global Growth and Prosperity the field of international education is a growing trend that contributes significantly to the economic strength of the UK. Online education is a partner in ensuring that UK stays a leader in the educational market overseas.  

The educational sectors are expected to grow in the future. Growth in primary and secondary education internationally is also growing. A majority of emerging societies are focused on increasing students in higher education to improve their economies.  Universities will find their products in dire need in the future.

Exportation of the British educational system is worth about £17.5bn dollars annually. Such wealth is contributing to their economic development and now that financing is considered sustainable additional educational opportunities will be available. Britain exports higher education through bringing students to the country to study and exporting educational services.

Tuition paid by international students is around £3.9bn in tuition fees and £6.3bn in living expenses. The trend is expected to grow 15-20% over the next 5 years. This creates an incentive for them to continue improving upon their educational system.

They were able to find a balance in their visa system to help ensure that qualified applicants could make it into their educational systems while helping to ensure potential problems and visa abuse are reduced. The goal is to help qualified students come to the U.K. and stay to contribute to the economy.

Some of this growth is due to the fostering of educational technology. This includes the concept of distance education. The government will continue to support the development of educational technology and distance learning to help ensure that an adequate draw of students is available.

Britain appears to understand the concept of higher education as a potential system for not only increasing national wealth, exporting cultural norms but also raising poverty around the world. The American distance learning system could do the same and at a significantly higher level. This would help bypass the needs of visas and the gridlock revolving around immigration reform.

They have targeted China, India, Brazil, Saudi Arabia, Colombia, Turkey, Mexico, Indonesia and the Gulf as potential places where higher education has strong possibilities. Online education has the potential to go right into these areas without heavy outlays of campuses or sunk costs. Most of the students will be paying cash or findings alternative methods of financing that helps to create a ripe market without a heavy load on U.S. student loans.

The U.S. has an opportunity to hedge its traditional educational system with that of online distance learning. The demographics of the country are changing, people are in need of updating their skills, and developing countries are yearning for higher education. The potential advantages of online education are muted by traditionalist perspectives. This doesn’t mean the system can’t be improved or developed to a higher state but it does mean that many of the criticisms are counter-intuitive to the rising trends within the market. Online education has the potential to use new technologies to reach people from nearly every corner of the earth and thereby transform the learning process and potential strength of the American educational philosophy.

That still leaves the economic impact question open. Certainly online education doesn’t have residency requirements. However, it can act as a primer to encouraging students to immigrate to the U.S., conduct business with U.S. companies, or accept some of America’s most precious values of equality. Most importantly it provides international innovation opportunities and more willing participants in creating stronger global business opportunities.

You may find lots of interesting information in the report…HERE

Monday, September 16, 2013

Successful College Strategies for Marketing to International Students


A paper by Vik Naidoo and Terry Wu in the Journal of Marketing Management seeks to expand the discussion and understanding of college marketing geared toward international students.  Reviewing colleges in the U.S., UK, Australia and New Zealand they have been able to narrow down their understanding to implementation related outcome variables, commitment dimension, strategy, and role factors. The work adds to the body of literature on key concepts related higher education marketing and its success. 

The trend in global educational services appears to be growing. Educational services range from the actual education to textbooks. It also appears to be growing as an export trend making it an industry with huge future potential. Both traditional and non-traditional education has seen increases in exportation of services to full-paying foreign students due to declining governmental budgets.

Due to the changing nature of marketing from domestic to international education, organizations have been implementing new marketing strategies. Failure is associated more with implementation than with the actual strategy. Conceptually, organizations can find a marketing strategy but often fail to take into account details of the environment when implementing such a strategy. 

Like other marketing strategies the failure to align the internal operations within the organization to the marketing promises can create a misalignment between the message and the actuality. This problem can become even more apparent in large traditional universities where large bureaucratic structures with a large swath of competing interests can slow change. It is this large bureaucratic structure that continues to maintain strategies even though they may not be competitive.

The study used the four countries in their analysis as it represents around 45% of all international recruitment. A total of 570 mid level marketing managers were included in the study in order to assess overall strategy.  To be successful organizations must emphasis strategy, role commitment/performance, strategy implementation success, and fit vision with strategic initiatives. There should be an alignment between the strategy, the behaviors that are needed to achieve that strategy and the ability to implement that strategy within the organization’s vision. 

Marketing managers seemed to have difficulty understanding how the implementation of the marketing strategy fit within the overall vision of the organization. There should be a heavy amount of communication about how the marketing managers and their teams fulfill the strategy as well as how this strategy fits within the goals mission. It is an alignment between vision, strategy, role, and action. 

The overall strategy and vision should be well-known among the senior administrative and college leadership in order to ensure that actions are not obstructed by misunderstanding or poor activity alignment. Administrators may be able to encourage the implementation of the strategy through proper systematic adjustments while deans will be responsible for the fulfillment of the strategy when new students arrive. Without a clear understand actions can be wasted and counterproductive. 

The report does not indicate this concept but like in companies, a successful strategy and its implementation make systematic changes throughout the organization. It is not enough to work in silos as this creates haphazard service implementation. Those who make decisions within the organization should be fully aware of the strategy and how it fits within their operations. The alignment of all of the organizations parts creates a more efficient and consistent production that fulfills the needs of students.

Naidoo, V. & Wu, T. (2011). Marketing strategy implementation in higher education: a mixed approach for model development and testing. Journal of marketing Management, 27, (11/12).