It is on records that 95% of businesses fail in the first
five yeas and another 4% fail in the next five years. In other words, 99% of
businesses fail within 10 years of existence.
‘’The school business
is getting ever competitive by the day and the basis of the competition is to
make: Students, Parents, School consultants, Stationary suppliers and the government
really enjoy from the struggle of the school owners’’.
When Schools fail it means that the schools are not able to
meet up with the demand of operational efficiency and does not necessarily have
to be their inability to make profit, revenue and generate cash flow.
The chances of schools failing are higher than an average
business failing because of competition. This mad competition as we call it
will push many schools down the drain, causing forceful closures or failure and
this will make schools fail.
The school business is not as simplified as it were decades
ago. Owning a school with an average building, nice school uniform are now obsolete and cannot
stand the test of time as to having competitive advantage. Therefore many of
the schools fail because, the school owners refuse to:
1.
Set A Structural Condition: in which an organization operates.
This is because most of the school owners are trained teachers and not business
managers. Therefore, they build their structures on teaching methods instead of
strategies. Setting a structural condition implies the capacity to maintain
order, because maintaining orders is the function of a manager. And the few
that try to maintain orders are so rigid, that they have refuse to change from
the mundane obsolete thinking and hence cannot meet the advances in the
competitive show down.
These are schools without
organizational structure and culture. There are no philosophies laid to
champion the operation of the school. In these schools, anything goes. They just
fire-fight every challenge and live for survival.
To be failure proof, you must create
systems, culture and structure. And if you can’t, call on www.edupreneurng.blogspot.com/home
to get it done for you!
2.
Organizational Resources and Capacity
Re-Engineering:
They
refuse to adapt to modern innovative changes and strategic mindset using
different constructionist approach.
School fails when the schools have
not method approach to solving their
problems. There must
be board room strategies to meet the challenges of the school business. School fail
when there are no boards, no business plan to give direction and command to the
existence of the school
3. Unprepared and un-teachable: many small school owners
today caught the entrepreneur seizure. They are unprepared to be business
owners and leaders. Though they have built a pedigree as good teachers, they
have not undergone any formal training (theoretical or otherwise) to see the
business in the school. This school failure is better referred to as poor
planning.
Business and schools fail because of these above stated
reasons and more. Meeting up operational efficiency implies that schools must
have appraisal mechanism to assess and evaluate the efficiency of school works,
teachers’ capacity and proficiency.
Its never an easy task, but its always worth it