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ISSN: 1649-3877
Listed by: Cabells and EBSCO
Frequency: 1 online Volume per year
Strategic Alliances in the Marketing of Higher Education: A Framework for Enduring and Successful Outcomes
JSME Vol 10: 2014
Author(s): Mark Thomas (Grenoble Ecole de Management, France)
Abstract:
The article will describe how a consortium of business schools, based in one European country, and essentially direct competitors, have successfully worked together over the past 5 years on a strategic marketing alliance for the recruitment of international students. The number of strategic alliances has grown considerably in industry over the past 25 years (Meier, 2011) and they may be one of the primary sources of future growth (Elmuti et al, 2012). However, they are not always easy to manage. They are multifaceted agreements (Arino et Reuer, 2004) that are highly dependent on trust between the major stakeholders (Vlaar et al, 2007). Such cooperative competition or 'cooptition' may lead to opportunistic behaviour (Arino et al, 2001).
However, development partnerships in Higher Education Institutions (HEI’s) have many benefits such as bringing greater diversity to the classroom and responding to ranking and accreditation requirements. As the budgets of HEI’s come under increasing pressure managing such alliances will thus become an important competence for their survival. Drawing from a case study and industry best practices this article offer guidelines that can be applied to similar alliances to enhance the possibility of successful outcomes.
Keywords: strategic alliances, business schools, international students, marketing, cooperative competition, diversity
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