Education Business Strategy to Succeed in the Management of Private Vocational Colleges in the Lao People’s Democratic Republic
Keywords:
Private Vocational Colleges, Business Strategies of Private Vocational CollegeAbstract
Researcher concerned about Educational Business Strategic Management of Private Vocational Colleges in Laos and did this dissertation in order to following objectives. Firstly, study the achievements of Private Vocational College in Laos. Secondly, Study the factors influencing those achievements, and then, the researcher would study Business Strategic Management deeply in Private Vocational College in the Lao People’s Democratic Republic. Thirdly, define those strategies as key success factors. Population and Sample group used were executive level group and teachers getting involve in business administration of all 65 colleges in Laos. By using In-depth interviews and Questionnaires, the researcher then collected data and used statistic tools such as Frequency, Percentage, Mean, Standard Deviation and proofed the hypothesis by One-Way ANOVA, F- test with statistically significant difference at 0.05.
By setting 3 hypothesis congruence what the researcher had concerned, finally found that
(1) Private Vocational Colleges in the Lao People’s Democratic Republic that could achieve in management outstandingly consisted of 33 of 65 colleges. The measurement of achievement and success include; the student amounts, parent satisfactions in ethics, graduated student qualifications for labor market and increasing trends for employment.
(2) Key success factors of Private Vocational Colleges in the Lao People’s Democratic Republic derived from the followings; Curriculum had statistically significant difference at 0.382. Counseling had statistically significant difference at 0.326. Cooperation and management’s participation from teachers had statistically significant difference at 0.251. Parent satisfactions had statistically significant difference at 0.420.
(3) The researcher could end up with the strategies’ definitions for 3 perspectives include; Educational Quality Control, Educational Business Strategies, and, Capability in Business Management.
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