Issue: 2023/Vol.33/No.1, Pages 93-111
THE USE OF RANK AND OPTIMISATION METHODS IN STRATEGIC MANAGEMENT IN HIGHER EDUCATION
Radosław Ryńca
, Natalia Piórkowska
Cite as: R. Ryńca, N. Piórkowska. The use of rank and optimisation methods in strategic management in higher education. Operations Research and Decisions 2023: 33(1), 93-111. DOI 10.37190/ord230107
Abstract
The article presents proposals for a university management model supporting the process of strategic management at a university. The proposed model is based on the use of multi-criteria methods such as the 0–10 technique, object ranking, and optimisation methods – linear programming. The proposed solution integrates ranking and optimisation methods, the use of which may be helpful in the hands of managers in making management decisions. The proposed approach may also be helpful in developing a strategic scorecard, especially in the stage of formulating goals. It also enables the optimal selection of goals with the existing time constraints for the implementation of the strategy. The article presents a proposal for the use of the strategy implementation model and an example of its use. The strengths and weaknesses of the model were also indicated.
Keywords: higher education institution, strategic management, strategy implementation, linear programming
Received: 15 April 2022 Accepted: 8 February 2023
Published online: 16 April 2023