International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 3 (May-June 2025) Submit your research before last 3 days of June to publish your research paper in the issue of May-June.
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Five-year Strategic Development Framework for a Family-owned Educational Institution in the Province of Albay

Author(s) Ms. Bernadette Casim Begornia
Country Philippines
Abstract This study presents a five-year strategic development plan for Tanchuling College, Inc. (TCI), a family-owned educational institution in Albay, Philippines, which has provided quality education for nearly five decades. The research examines TCI’s history, achievements, challenges, and expansion in infrastructure, personnel, and programs. It evaluated the internal and external factors affecting the institution through a SWOT analysis and proposes a strategic plan to ensure its sustainability. Using a descriptive-exploratory approach, the study involved 229 respondents, including students, faculty, staff, and administrators, through surveys and interviews. The historical analysis highlighted the roles of key figures and documented milestones like program expansion and leadership transitions. The SWOT analysis identified strengths such as academic excellence and branding, weaknesses like financial constraints, opportunities including community engagement and technology, and threats related to economic factors and technological disruptions. The study utilized Resource-Based Theory, Lewin’s Change Management Model, and SWOT Analysis to guide institutional transformation. The resulting strategic plan focuses on faculty development, research, enrollment growth, external linkages, financial sustainability, infrastructure upgrades, and program quality. This research contributes to the literature on strategic planning in family-owned educational institutions and provides a model for colleges addressing modernization and sustainability challenges. The plan serves as a framework for TCI’s long-term viability and community impact.
Keywords strategic planning, SWOT analysis, family-owned, institutional sustainability
Field Business Administration
Published In Volume 7, Issue 3, May-June 2025
Published On 2025-05-31
DOI https://doi.org/10.36948/ijfmr.2025.v07i03.46718
Short DOI https://doi.org/g9m2dq
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