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    Vi. Strategic Directions: Vii. Financial Implications

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    JAY MARK TANO
    The document outlines strategic directions and financial implications for La Salle University during the COVID-19 pandemic. It recommends investing in training faculty on new teaching methods, maximizing the online learning platform, achieving accreditation for programs, providing competitive pay and benefits to retain employees, strengthening marketing to emphasize benefits over free data plans from other schools, and limiting projects that lose money. The pandemic has greatly affected La Salle's finances by prohibiting face-to-face classes and events, threatening fewer enrollments and lower income, while preparing for online learning requires additional costs.

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    Vi. Strategic Directions: Vii. Financial Implications

    Uploaded by

    JAY MARK TANO
    13 views1 page
    The document outlines strategic directions and financial implications for La Salle University during the COVID-19 pandemic. It recommends investing in training faculty on new teaching methods, maximizing the online learning platform, achieving accreditation for programs, providing competitive pay and benefits to retain employees, strengthening marketing to emphasize benefits over free data plans from other schools, and limiting projects that lose money. The pandemic has greatly affected La Salle's finances by prohibiting face-to-face classes and events, threatening fewer enrollments and lower income, while preparing for online learning requires additional costs.

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    Strategic DIrections.docx

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    The document outlines strategic directions and financial implications for La Salle University during the COVID-19 pandemic. It recommends investing in training faculty on new teaching methods, maximizing the online learning platform, achieving accreditation for programs, providing competitive pay and benefits to retain employees, strengthening marketing to emphasize benefits over free data plans from other schools, and limiting projects that lose money. The pandemic has greatly affected La Salle's finances by prohibiting face-to-face classes and events, threatening fewer enrollments and lower income, while preparing for online learning requires additional costs.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    13 views1 page

    Vi. Strategic Directions: Vii. Financial Implications

    Uploaded by

    JAY MARK TANO
    The document outlines strategic directions and financial implications for La Salle University during the COVID-19 pandemic. It recommends investing in training faculty on new teaching methods, maximizing the online learning platform, achieving accreditation for programs, providing competitive pay and benefits to retain employees, strengthening marketing to emphasize benefits over free data plans from other schools, and limiting projects that lose money. The pandemic has greatly affected La Salle's finances by prohibiting face-to-face classes and events, threatening fewer enrollments and lower income, while preparing for online learning requires additional costs.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    of 1

    VI.

    STRATEGIC DIRECTIONS

    ❏ Invest in human resource development programs especially in transitioning to the new


    normal. Faculties should be trained comprehensively on the different modes of delivery
    of the lessons. A technical working group should be formed to support the teachers and
    address their questions.

    ❏ Maximize use of the online learning platform. Ensure its effectiveness and expand its
    target market and include working professionals and students from far places who want
    to experience the Lasallian education.

    ❏ Aim to achieve the Center of Development and Center of Excellence accreditation for its
    programs and attain an autonomous status from the Commission on Higher Education

    ❏ Provide competitive salary and benefits packages to its faculty and staff in congruence
    with public schools in order to encourage retention of competent employees.

    ❏ Strengthen the marketing strategy of the school. It should be emphasized that the no
    increase in tuition fees and reduction of miscellaneous expenses will be of greater benefit
    than having free data plans from other schools.

    ❏ Consider limiting/stopping the operations of idle projects that generate net loss during the
    new normal.

    VII. FINANCIAL IMPLICATIONS

    The COVID-19 pandemic greatly affected La Salle University in the same way it
    has affected other educational institutions. The strict regulations of the government
    prohibited the conduct of face-to-face classes and mass gatherings. Thus, these lead to the
    threat of having fewer enrollees for the incoming semester and having lower income
    generation. Preparing for the new normal means added cost for the University such as the
    integration of the online learning platform, delivery of learning materials, and additional
    training for the faculty and staff. If the marketing strategy of the University has been
    strengthened, this will increase the number of enrollees and lead to higher revenue.

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