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Financing Public Universities in Ghana Through Strategic Agility: Lessons from Ghana Institute of Management and Public Administration (GIMPA)

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  • Philip Ebow Bondzi–Simpson

    (Ghana Institute of Management and Public Administration)

  • Kingsley S. Agomor

    (Ghana Institute of Management and Public Administration)

Abstract

In the turbulent environment in which organizations operate, strategic flexibility is crucial for building the capacities of universities to withstand turbulence, remains more competitive, sustainable and relevant to address national development needs. This paper applied the agility theory to examine how the GIMPA responded to its financial crisis to remain a financially self-sustaining public university in Ghana. Data were collected through interviews with former rectors, faculty members, administrative staff, alumni, and officials of stakeholder institutions of tertiary education. In response to cut in government funding, the paper found that the management of GIMPA was flexible enough to adopt an entrepreneurial approach that enabled the commercialization of academic services to generate resources for sustainable funding. The findings suggest that flexibility as a top management practice is able to help manage the trade-offs between stability and flexibility during crises.

Suggested Citation

  • Philip Ebow Bondzi–Simpson & Kingsley S. Agomor, 2021. "Financing Public Universities in Ghana Through Strategic Agility: Lessons from Ghana Institute of Management and Public Administration (GIMPA)," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 22(1), pages 1-15, March.
    • Handle: RePEc:spr:gjofsm:v:22:y:2021:i:1:d:10.1007_s40171-020-00254-6
    DOI: 10.1007/s40171-020-00254-6
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    References listed on IDEAS

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    Cited by:

    1. Nagamani Subramanian & M. Suresh, 2022. "Assessment Framework for Agile HRM Practices," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 23(1), pages 135-149, March.
    2. Ibrahim Rashed AlTaweel & Sulieman Ibraheem Al-Hawary, 2021. "The Mediating Role of Innovation Capability on the Relationship between Strategic Agility and Organizational Performance," Sustainability, MDPI, vol. 13(14), pages 1-14, July.
    3. Abdulkareem Salameh Awwad & Omar Mohammed Ali Ababneh & Mahmoud Karasneh, 2022. "The Mediating Impact of IT Capabilities on the Association between Dynamic Capabilities and Organizational Agility: The Case of the Jordanian IT Sector," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 23(3), pages 315-330, September.
    4. Manoj Kumar Sharma & R. C. Sharma, 2021. "Innovation Framework for Excellence in Higher Education Institutions," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 22(2), pages 141-155, June.

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