The EnglishUK MBA: Management Concepts & Models Educational Managers Need To Know

Similar documents
The Entrepreneurial Way

Human Resources 101. Human Resources Series. Agenda - HR s Strategic Role. Module 1: HR s Strategic Role

Graduate Diploma in. Management. (Grad.Dip.Mgmt)

Young Enterprise Company Programme and the Business Administration and Finance Diploma

Developing an Organisational Vision

Company Profile sananet

GENERAL GUIDELINES FOR DEVELOPING A BUSINESS PLAN

METRICS TO HELP IMPROVE YOUR WORKFORCE PRODUCTIVITY

The Value of Knowledge

GROUP 3 Individuals and Societies

BUSINESS MANAGEMENT. Overview. Choice of topic

Edwards Jones 2006 Case Analysis. Next Step Consulting

Strategic Plan ( ) Computer Engineering Department College of Computer and Information Systems

Cambridge International Diploma in Business at Advanced Level Marketing

Management Principles and the RIM Program

Marketing Plan Template

Developing the Strategy: Vision, Value Gaps, and Analysis

THE CHANGING ROLE OF HUMAN RESOURCES IN THE 21ST CENTURY AND THE HR SCORECARD

Class Objectives. Total Quality Management. TQM Definitions. TQM Definitions. TQM Definitions. TQM Definitions. Basic concepts on TQM

Applied Marketing Strategy MKTG 806

Change Management. Developed by NHS South East Coast in conjunction with the Department of Health

SAMPLE QUESTIONS EXAM EXEMPLAR QUESTIONS. AD1 - Management in procurement and supply. Level 5 Advanced Diploma in Procurement and Supply

Advanced Diploma in Purchasing and Supply. Marketing for Purchasers. L5-10/May-08 LEVEL 5 MARKING SCHEME. May Carrington

A Balanced Scorecard for a Professional Services Business

SWOT ANALYSIS WORKBOOK. For Annie s Project

Strategic Elements of Competitive Advantage. PPT 6 (First ppt slides after the mid-term) Assist. Prof. Dr. Ayşen Akyüz

HOW TO PREPARE A BUSINESS PLAN

Basic Management Principles. Author: Jack E. Fincham, PhD, RPh Dean & Professor University of Kansas School of Pharmacy

Financial Ratio Analysis A GUIDE TO USEFUL RATIOS FOR UNDERSTANDING YOUR SOCIAL ENTERPRISE S FINANCIAL PERFORMANCE

9707 BUSINESS STUDIES

Unit guide for Unit 1-Introduction to Small Business

"/0,&(00$"-0,10$-&+$2,&-&1(!"#$%&'()*(+,-'($!.-)+$

BUSINESS. Unit 15 Change management Suite. Cambridge TECHNICALS LEVEL 3. K/507/8162 Guided learning hours: 60. ocr.org.

E3- Strategic Management Practice Test Answers

VPQ Level 6 Business, Management and Enterprise

Organisation and Management Theories: An African Focus

Business Plan Guide for a Small Business

Availability of substitute products places limits on the prices market leaders can charge High prices induce buyers to switch to the substitute

A guide to using the business plan template

THE EDITOR S COLUMN Deeksha Jawa

BUSINESS PLAN TEMPLATE

Strategy & Planning Manager Executive Office Location: London Closing date: 27 September 2015

International Business Communications (IBC) 30/20 and 30 Plus

Making business simple...

Unit aim and purpose. Quality Management in an Organisation OCR unit number: 11. Level: 6 Credit value: 5 Guided learning hours: 30

MICPA Conversion Programme. Module Outline Business Strategy and Financial Management

Total Quality Management. Chapter 6. Leadership and Strategic planning For TQM. Chapter6 1

THE HIGHER DIPLOMA IN SMALL BUSINESS MANAGEMENT

Associated Files: Ratios worksheet

Basic Business Plan Outline

LEVEL & SALARY Level 9 up to (Inclusive of 2% pay award effective 1 st April 2014)

company mission organisational objectives business objectives/business strategy marketing objectives marketing strategy operational objectives

THE HIGHER DIPLOMA IN BUSINESS ADMINISTRATION (HDBA)


UNDERSTANDING INTERNAL AND EXTERNAL ENVIRONMENT FOR A FLEXIBLE PRODUCTION APPROACH

Your business plan. helping you with your business planning and forecasting. Name of business. Date when completed

Time is Money: Justifying the Switch to Automated Time Collection

STRATEGIC DEVELOPMENT PLAN

Subject: Business Studies.

Approaches to Managing Organizational Change

SENIOR MANAGEMENT PROGRAM MINI- MBA

Strategic Marketing is a 15-credit mandatory module which sits within the suite of Level 6 modules.

The Body of Quality Knowledge

Organizational Change: Case Study of General Motors

Become a Cambridge English School

Organizational change: Case study of GM (General Motor)

Strategic Planning. Credit value: 15 Guided learning hours: 45. Unit aim. Unit introduction

Strategic Marketing is a 15-credit mandatory module which sits within the suite of Level 6 modules.

"Hoshin Kanri A Strategy Implementation Engine

Shaping. Business Strategy. Through. Competitive Intelligence. Strategic Use of. Intellectual Property Information

STRATEGIC ALIGNMENT AND CAPACITY BUILDING FOR THE HR COMMUNITY

Management, Leadership and People Development Skills

Eight Leadership Principles for a Winning Organization. Principle 1 Customer Focus

Case Study Interviewing Best Practices to Ace the Case

International Business Communications (IBC)

Level 3 Certificate in Business Principles and Practice

Leadership Case Study: Babcock University New Department Chair Leaders Dilemma. by, Brandon Garber, BS. Submitted to. Robert Dibie, PhD.

Level 4 Diploma in Advanced Hospitality and Tourism Management (VRQ) Qualification Syllabus

From Brand Management to Global Business Management in Market-Driven Companies *

BUSINESS PLAN TEMPLATE

Marketing (Marketing Principles)

3C, Internet Dynamics and Retail: Towards a new market segmentation?

THE IMPACT OF EMPLOYEE BEHAVIOUR ON ORGANIZATIONAL PERFORMANCE

MARKETING MANAGEMENT & STRATEGY

Specimen 2016 Morning Time allowed: 1 hour 45 minutes

YOUR MARKETING CHECKLIST

IDP Education Position Description

Leading Change. Hans Fritz at Novartis Thailand

Business Analytics and Data Warehousing in Higher Education

Transcription:

The EnglishUK MBA: Management Concepts & Models Educational Managers Need To Know Michael Carrier Cambridge English Language Assessment EnglishUK Management Conference, York 2015

Contents 1 What do staff need to know? 2 Organisational models 3 Leadership models 4 Strategy models 5 Marketing models 6 Finance 7 - Customer service 8 Quality management 9 People & change 10 Evaluation & KPIs Why? Help staff understand business imperatives Develop Business Literacy Build personal & professional development Train academic managers Improve service to customers Empower staff to take better, more informed decisions

2 x 2 matrix

Student Satisfaction 2 x 2 matrix: student vs teacher satisfaction Happy students, unhappy teachers Unhappy students, Happy teachers Teacher Satisfaction

2 - Organisational models Vision, Values, Mission

Matrix management model Task Director DOS ADOS Teacher Admin Marketing Hiring Placement Complaints x x x x x x x x x Coursebook Selection x x x Timetabling.. x x

3 Leadership models Theories of organisation: Charismatic leadership Patriarchal leadership Bureaucracy (Weber) Scientific management (Taylor) Human relations approach

Leadership styles The world is full of managers and desperately short of leaders The old proverb says that leadership is doing the right thing; management is doing things right.

Management Competence model Making Decisions Consulting & delegating Planning & organizing Problem-solving Influencing People Motivating Recognizing and rewarding Building relationships Supporting Networking Managing conflict & team building Giving & seeking information Monitoring Clarifying Informing Yukl (1989)

SWOT PESTEL

4 Strategic models

Porter s Competitive Strategies matrix

Competitive advantage key ELT forces Innovation Teacher development Current competitors Quality perception Technology

Building competitive advantage - Porter s 5 forces New entrants Suppliers Current Competitors Buyers Substitutes

Boston Matrix

Innovation components

Innovation strategy

Disruptive innovation model

5 Marketing: perceptual model The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself. Peter Drucker

Positioning Commodities Goods Services Experiences Coffee Nescafe McDonalds Starbucks Value brand Low Margin Premium brand High Margin Added Value Task: What is your positioning in the school market? Value or premium brand? Specify which USPs of your school might determine this.

Ansoff Matrix

6 Finance: ratios & KPIs Simple Ratios: Gross margin = income less variable costs of providing sales Net profit = income less total costs ROI = (y1+y2+y3+y4) /investment x100 Revenue per employee = Turnover/no.employees EBITDA = (turnover fixed & variable costs) = earnings School-specific KPIs: Teacher cost as % of tuition income Admin staff as % of teaching FTE staff Teacher hours delivered as % of paid Teacher hours lost to absence as % of paid Class average - actual & % of goal Cost per student per lesson over the school

Teacher Post Costs Annual salary: 25,000 On-costs: National insurance 13.8% Pension contribution 5.2% Actual annual post cost = 29,750 If Workload=25x60m lessons per week 52 weeks - 8 weeks holiday - 1 week public holidays = 43 working weeks 43 weeks x 25 lessons = 1075 lessons capacity Post cost of 29,750 divided by 1075 lessons = 27.68 per lesson Admin cost: divide by 215 working days = 138.38 per day Task: What s your teacher post cost? Per lesson cost? Per admin day cost? Task: What s the cost of timetable leakage? 20 teachers x 1 hour/wk underscheduled x 40 weeks = 800 hours =800/1075 = 75% of a teacher

Costing a course Fixed Costs OPTION A OPTION B OPTION C hours in course 100 100 100 teacher post cost/hour 20.00 20.00 20.00 fixed cost of teaching 2,000.00 2,000.00 2,000.00 Getting to breakeven: Raise tuition fees to match current costs Lower costs to match current fees Include more students in group size overhead share 0.75 0.75 0.75 Total F 3,500.00 3,500.00 3,500.00 Variable Costs number of students enrolled 8 10 12 coursebook per student 15.00 15.00 15.00 photocopying per student 5.00 5.00 5.00 binder & pad & pen per student 5.00 5.00 5.00 Total V 200.00 250.00 300.00 Total Costs (F+V)=C 3,700.00 3,750.00 3,800.00 Income tuition fee per student 400.00 400.00 500.00 Total Income=I 3,200.00 4,000.00 6,000.00 Profit/Loss (I-C) - 500.00 250.00 2,200.00 KPIs Cost per student 462.50 375.00 316.67 Net Income per student - 62.50 25.00 183.33 Teacher cost as % of tuition income 63% 50% 33% Breakeven no. of students 9.3 9.4 7.6

7 Customer service: touchpoints Task: list the touchpoints your students have with the school Smith & Wheeler, Managing the customer experience

8 - Quality management: Deming s TQM cycle PDCA: PLAN: DO: CHECK: ACT: plan ahead for change - analyze and predict the results. execute the plan, taking small steps check, study the results. take action to standardize or improve the process.

Force Field Analysis: What forces affect quality in your school? Driving forces Customer expectation Restraining forces Market price level Teacher creativity Teacher non-teaching time

Ishikawa fishbone model

9 HR & People: RACI Teacher DOS Director Concept R A C Design R A C Budget I I A Writing R A I

Belbin Free variant at: www.123test.com/ team-roles-test/

Change Management models Lewin s Model: Concept: Unfreezing Moving Re-freezing Kotter s model: burning platform

10 Evaluation: RAG analysis

Balanced scorecard

Bs & Cs What were the Benefits of this workshop? Any Concerns or questions left unanswered? Contacts: International Diploma in Language Teaching Management www.idltm.org Cambridge English sites: www.teachers.cambridgeenglish.org www.cambridgeenglishteacher.org Comments: Carrier.m@cambridgeenglish.org If you would like copy of the presentation & references: www.michaelcarrier.com