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Journal : International Journal of Economic Policy in Emerging Economies

The Strategic Formulation of Competitive Advantage on Private Higher Education Institution Using Participatory Prospective Analysis M. Yusuf Sulfarano Barusman
International Journal of Economic Policy in Emerging Economies Vol 11, No 1-2 (2016)
Publisher : International Journal of Economic Policy in Emerging Economies

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Abstract

This study emphasizes the participatory paradigm by using synthesis as a way of thinking in order to achieve its goal. The purposes of this study are to build future scenario of the external environmental dynamics that will be encountered by IPHEI, and to formulate a strategy that can be implemented by IPHEI through developing the organization's competitive advantage in the future. The research methodology used is Participatory Prospective Analysis (PPA). The results showed that the future scenario of external environmental conditions that will be encountered by IPHEI can be  described  in three  conditions, namely:  optimistic, moderate  and pessimistic  scenarios.  The strategic formulation from the research results is based on four internal factors as its foundation (the effectiveness of leadership, the  availability of funds and financing, the  effectiveness of human resource management strategy, and the relevance of curriculum).