Thailand HR Strategy Playbook 2024

Higher Educational Institutes

Venturing

Expanding

Maintaining

Establishing

Downsizing

Restructuring

What does it mean?

Attained stability, delivering consistent services through optimized operations, engaged

Actively pursuing growth opportunities, possibly by increasing enrollment, adding programs, or expanding facilities.. This includes forming strategic partnerships with other institutions

Strategically adjusting operations, possibly reducing reliance on government subsidies and exploring revenue generation. This includes changing ownership/investors

In the initial phase of formation, setting up structures and operations for educational services..

exploring and engaging in additional business activities beyond traditional educational services..

Strategically reducing size or scope, often due to financial considerations or shifting priorities..

faculty, and responsive administrative

practices, ensuring sustained quality.

Key indication

Streamlining academic programs. Adjusting faculty and staff numbers. Optimize

Maintaining steady enrollment, though declining occasionally

Developing mission, vision, model.

Increasing student enrollment. Expanding academic offerings. Investing in infrastructure development.. Sharing academic resources. Engaging in cross- institutional programs.

Diversifying revenue streams. Exploring partnerships with industry. Offering non- traditional educational services..

Shifting from heavy reliance on subsidies.. Developing alternative revenue streams. Transitioning to new leadership. Adapting to changes in strategic direction.

Establishing academic programs.

Refining academic offerings.

operational efficiency..

Recruiting initial faculty and staff.

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