Strategic Planning At The Newly Established Private Higher Education Institution With Full Scholarship Program (Case Study Of Stidki Ar Rahmah Surabaya)

STIDKI Ar Rahmah was established in 2015 focusing on creating mosque managers having comprehensive skills: mosque management, fully Quran memorizing, and deep religion understanding. In its educational system, it provides full scholarship to the students funded by a number of institutional donors and individual ones. As a newly operating organization, STIDKI Ar Rahmah has not had clear plan of development and strategic iniciatives in reaching the established vision. Therefore, this study was aimed to perform strategic planning process of STIDKI Ar Rahmah development based on Balanced Scorecard model as a strategic planning model for other newly established private higher education institutions with full scholarship program. Qualitative research approach and case study method were used in this study. It started from examining the mission and vision statement of STIDKI Ar Rahmah. The step continued with identifying stakeholders’ values proposition, SWOT analysis, identifying strategic issues, and finally developing strategies through formulating strategic objectives clustered in strategic themes, measures, next five years targets, and strategic initiatives for reaching the targets. This study resulted the recommended statement of mission and vision, three strategic issues to overcome, 16 strategic objectives with their measures clustred in 4 strategic themes, targets, and initiatives.