Strategic direction for financial planning in international educational institutions
Abstract
This research presents an analysis of the role of the Directing Council in the financial planning of a bicultural educational institution in Mexico. The objective is to be able to define the fundamental elements that in relation to the decision making of the Directing Council favor the success and the competitiveness of an institution with these characteristics. A case study was prepared in the city of Querétaro. This institution is constituted as a civil association, not for profit, and with an organizational composition headed by a General Assembly and chaired by the Board of Directors, which assumes leadership roles for 2 years And make the institution's strategic decisions focused on its long-term survival and success, this includes financial planning, which defines the strength and platform of the institution and the way in which such planning is based is decisive for Allow the development of other operational, academic and administrative activities to which it is subject. The work done leaves a very important decision-making tool for both the Institution in question and for all those institutions in the country that are developed with characteristics similar to those mentioned. It also allows a shared professional experience of high value for all those interested in the theme.
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References
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