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Unicanvas: Exploring a tool for strategic management.

Authors :
Segundo J
Fernandez-Alles M
Velez M
Sanchez JM
Source :
Open research Europe [Open Res Eur] 2024 Apr 11; Vol. 4, pp. 64. Date of Electronic Publication: 2024 Apr 11 (Print Publication: 2024).
Publication Year :
2024

Abstract

Purpose: This research proposes an adapted version of Business Model Canvas (BMC) as a strategic instrument for Higher Education Institutions (HEIs). University-Model Canvas (Unicanvas) is intended to be a critical visual and dynamic tool for addressing the challenges faced by entrepreneurial universities in their quintuple helix model.<br />Research Methods/approach: Considering the new challenges facing HEIs, transfer knowledge, corporate social responsibility, internationalization, digitalization, sustainability, and the critical role of universities in innovation and regional development, we adapt the strategic building blocks of the BMC in the context of universities.<br />Findings and Implications: Departing from BMC, we propose 10 strategic building blocks against the nine BMCs, including an achievement box. The new challenges HEIs face, the expansion of university outputs, and new societal demands highlight the opportunity to use this tool instead of traditional and static strategic planning models to discuss and concretise their differentiated way of competing. The use of this participative, dynamic, intuitive, and flexible strategic tool will facilitate the holistic strategic management of these institutions in their current new challenges.<br />Competing Interests: No competing interests were disclosed.<br /> (Copyright: © 2024 Segundo J et al.)

Details

Language :
English
ISSN :
2732-5121
Volume :
4
Database :
MEDLINE
Journal :
Open research Europe
Publication Type :
Academic Journal
Accession number :
38883263
Full Text :
https://doi.org/10.12688/openreseurope.17233.1