DATE AND TIME: | 17 December 2024 11:30am Afghanistan | 12:00pm Maldives, Pakistan | 12:30pm India, Sri Lanka | 12:45pm Nepal | 1:00pm Bangladesh, Bhutan | 1:30pm Myanmar | 2:00pm Thailand | 3:00pm China, Malaysia, Mongolia, Philippines, Singapore | 5:00pm Papua New Guinea | 7:00pm Fiji |
Background
Technical and Vocational Education and Training (TVET) plays a crucial role in developing the skills required by industries and economies worldwide. Majority of the TVET institutions across the globe operate in a dynamic environment where they must respond to the ever changing needs of students, industries, governments, and the broader economy. As industries embrace new technologies such as automation, generative artificial intelligence, and digital transformation, TVET programs must adapt quickly in order to stay relevant. Adopting a strategic management approach enables TVET institutions to remain relevant by updating their curricula with new skills and aligning with industry needs. This approach also offers a structured method for planning, decision-making, and resource allocation, which ensures the long-term sustainability and success of these institutions.
The importance of strategic management in the TVET domain can be understood from the aspect that strategic management ensures that TVET programs are aligned with current and emerging labor market demands. By systematically analyzing industry trends and engaging with stakeholders, TVET institutions can design and deliver training that meets employers' skill requirements. This alignment improves the employability of graduates and ensures that TVET institutions contribute effectively to workforce development. Further, strategic orientation helps TVET institutions to optimize the usage of the scarce resources at their disposal. By prioritizing their initiatives and allocating resources strategically, TVET institutions can ensure that their resources are utilized effectively. This reduces wastage, increases productivity, and ensures that training programs are delivered cost-effectively.
In a competitive educational environment, maintaining high-quality training standards is essential. Strategic management provides mechanisms for continuous improvement through regular evaluations, quality assurance frameworks, and feedback loops. Institutions can assess their performance, adapt to changing needs, and improve the quality of instruction, facilities, and student outcomes.
In this webinar, we will discuss how TVET institutions can benefit and stay relevant by adopting a strategic management approach. Through presentation and discussion, we will try to decode the application of the strategic management process in the TVET domain. Whether you are an administrator, a faculty member, a student, or a concerned citizen, this webinar offers a unique opportunity to deepen your understanding of the strategic management domain and explore the ways in which strategic orientation can contribute in keeping the TVET domain relevant and competitive to the ever changing and dynamic social and economic environment.
In conclusion, I invite you to join us on this journey via this webinar as we explore the role that strategic management plays in the growth and relevance of the TVET domain. This webinar aims to provide insights into how institutions remain adaptable to changes in technology, market trends, and policy environments, ensuring that they deliver high-quality, relevant education to students and foster strong partnerships with employers, government and other important stakeholders.
Objectives
- Elaborate Strategic Management Process
- Explain the basics of the strategic management process in the TVET context and the benefits accruing out of it.
- Conducting Environment Analysis
- Identify major trends and factors impacting the TVET domain for earmarking the areas of improvement and capitalizing on opportunities.
- Optimize Resource Usage
- Address the challenges faced by TVET institutions in optimizing resources and their usage.
Target Participants/Audience and Registration
- Practitioners from TVET and other related fields
- Academicians from different disciplines
Date and Time
The program is tentatively scheduled on December 17, 2024 from 3:00 to 5:00 PM (Philippine time) online through the CPSC Zoom platform and YouTube livestreaming.
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