The strategy "Advancing knowledge and developing employable graduates" aims to align academic offerings with real-world demands to better prepare students for the job market. One approach involves enhancing curriculum relevance by consulting with industry leaders to identify current skills gaps. This ensures graduates are equipped with up-to-date knowledge and practical experience, such as using case studies and securing internships. For example, economics students might work on projects involving data analytics to solve real economic issues.
In fostering innovation and diversity, the strategy includes establishing an ideas lab and supporting diverse student participation through scholarships and mentoring. This promotes varied perspectives, essential in today's interlinked global economy. By organizing hackathons and innovation challenges, students are encouraged to think creatively to solve complex economic problems. Engaging with the community and businesses further bridges the gap between academia and society. This includes conducting outreach programs, developing partnerships with local industries, and offering consultation services to startups, thus ensuring that academic research contributes to regional economic advancement.
The strategies
⛳️ Strategy 1: Enhance curriculum relevance
- Consult with industry leaders to identify skills gaps in current graduates
- Incorporate real-world case studies and projects into course modules
- Regularly update course content to reflect changes in economic theories and practices
- Introduce interdisciplinary courses that combine economics with technology and innovation
- Develop partnerships with businesses for student internships and placements
- Organise guest lectures and seminars with industry professionals
- Facilitate student access to economic data and analytics tools
- Encourage student research projects aimed at solving current economic issues
- Develop workshops focusing on soft skills such as communication and teamwork
- Implement periodic reviews and feedback sessions with alumni to update course effectiveness
⛳️ Strategy 2: Foster innovation and diversity
- Promote a culture of innovation by establishing an ideas lab or innovation hub
- Encourage participation in national and international economics competitions
- Organise hackathons and innovation challenges relevant to economic problems
- Create scholarships and support systems for underrepresented groups in economics
- Include diverse perspectives and case studies in curricula
- Develop mentoring programmes linking diverse students with alumni
- Host cultural awareness workshops and diversity training sessions
- Encourage collaborative projects with diverse teams in class assignments
- Establish partnerships with international universities for student exchanges
- Promote language learning as a means to enhance global economic understanding
⛳️ Strategy 3: Engage with the community and businesses
- Conduct community outreach programmes to share economic knowledge
- Establish a community advisory board to guide curriculum development
- Organise economic forums and public lectures open to the public
- Partner with local businesses for co-operative educational programmes
- Run annual economic impact reports assessing regional economic challenges
- Develop community-focused economic research projects for students
- Collaborate with government and NGOs on economic policy discussions
- Launch a newsletter showcasing academic and student achievements
- Offer consultation services to local startups and businesses
- Promote participation in local economic development initiatives
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
