Turner Education
Portfolio Management
Education institutions face major challenges: declining enrollment, budget cuts, and a changing job market. Professional portfolio management helps vocational schools, colleges, and universities ensure their educational portfolio remains relevant and organize a future-proof educational program.
Portfolio Management in Education: The Issue Is More Pressing Than Ever
Vocational secondary education and higher education are under pressure due to demographic decline, falling student enrollment, budget cuts, and a changing labor market. This is forcing institutions to revamp their educational portfolios in order to continue offering affordable and relevant education. In the coming years, major revisions to the educational portfolios of vocational, higher vocational, and university institutions will be necessary. Professional portfolio management helps you tackle this challenge in a structured, step-by-step manner and continue to develop your portfolio.
Three Building Blocks for Successful Portfolio Management
The following three pillars form the foundation for successful and sustainable portfolio management:
- Operationalizing strategy. Translate your institution’s strategic plan into concrete guiding principles for academic programs. This ensures clarity on how academic programs can best contribute to the institution’s future-readiness.
- Gaining insights. Get a clear picture of where your programs stand in relation to strategic objectives. Use Profolio to gain a comprehensive view of program performance and relevance, enriched with institution-specific data and analysis of current trends.
- Dialogue and Decision-Making. Facilitate a thorough dialogue among degree programs, faculties, and strategic decision-makers. Jointly explore the strategic urgency for each program and determine the options for launching, improving, renewing, restructuring, or phasing out programs. Make joint decisions regarding short- and long-term priorities. Be transparent and communicate carefully.
Conditions for Success
Institutions that excel at portfolio management base their approach on the following principles. They:
- Foster a sense of shared ownership and approach matters from the perspective of the region’s and the institution’s best interests.
- View portfolio management as a cyclical strategic process and structure it as a recurring process with defined steps.
- View portfolio management as organizational development and develop skills, processes, systems, and behaviors. Build expertise and foster Ownership.
- Apply a pragmatic analysis and combine pragmatism with thorough analysis.
Want to make a breakthrough in integrated portfolio management? Join the Portfolio Management in Education masterclass. We host this event several times a year and explore portfolio management based on both research and practical experience.
Our Projects and Insights
Optimize Your Educational Portfolio
Turner offers a variety of options to provide targeted support to institutions in professional portfolio management, tailored to their specific needs and challenges.
Profolio: An information product that provides a comprehensive overview of the performance and relevance of the educational portfolio. Based on >, it draws on 25 sources and benchmarks from comparable programs. This provides an objective starting point for a professional portfolio process.
Professionalizing Portfolio Management: Implementing a sustainable process for portfolio development based on collaborative design, demonstration, collaboration, and self-direction.
Strategic Portfolio Dialogue: Guiding decision-makers in setting priorities for the ongoing development of the education portfolio, all in one day.
Prioritization of Strategic Options: Analysis of Portfolio opportunities and challenges—such as market contraction and partnerships—based on quantitative and qualitative insights. Includes clear options for interventions.
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Insights
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