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21
Jan
2022
SKOLKOVO’s 10-year Strategy: Become One of the World’s Top 20 Business Schools
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  • Members
SKOLKOVO School of Management has revealed its long-term Strategic Business Plan, which includes becoming one of the top 20 business schools in the world. The strategic goals will be achieved by tackling three main areas: Intellectual Leadership, Customer Centricity and Life-long Learning, and Sustainability, Growth and Experimentation.

The Intellectual Leadership block of the business plan includes goals for building world-class faculty, taking part in the international scientific agenda, and opening research centers on digital transformation and sustainable development. By 2030, more than thirty leading academics from around the world will have joined the School and the quantity of publications in FT-50 and Category-A journals will grow to more than fifteen per year.

The Customer Centricity and Life-long Learning block (continuous learning throughout lifetime) provides for systematic work to increase satisfaction of students covering their full educational life cycle at SKOLKOVO. This will be possible by building personalised learning journey for clients, creating a recommendation system, and launching a loyalty program, among other things. A unified standard for developing and implementing educational solutions will also be set forth, which will be used as the basis for transiting to the modular architecture of our portfolio.

The Sustainability, Growth and Experimentation block involves ensuring financial stability and designing fundraising mechanisms as well as establishing a special Endowment Fund for long-term financing of the School's strategic initiatives. This will allow SKOLKOVO School of Management to become a leading provider of technology-enabled education in management and business in Russia: 80% of revenue will come from programs in digital or hybrid formats. As per the plan, in the 2024 fiscal year, revenues will have reached $200 million and, over 10 years, the endowment fund will be $150 million.

Read more at: https://www.skolkovo.ru/en/news/skolkovo-s-10-year-strategy-become-one-of-the-world-s-top-20-business-schools/
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