Abstract
This chapter outlines reasons why many strategic plans fail. A strategic thinking methodology, grounded in philosopher Bernard Lonergan’s Generalized Empirical Method, is introduced as a way of developing a strategic plan that avoids pitfalls that prevent success. Lonergan’s experientially based epistemology is ideal for assessing the current reality and developing unique solutions that make sense for at-risk universities, in particular. The overall objective of the methodology is innovation that constitutes a transformative moment for these institutions.
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Dumestre, M.J. (2016). Strategic Thinking for Transformation. In: Financial Sustainability in US Higher Education. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-349-94983-0_8
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DOI: https://doi.org/10.1057/978-1-349-94983-0_8
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Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-94982-3
Online ISBN: 978-1-349-94983-0
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