Established in 1999 by parents to run Ethio-Parents Schools(located at Gerji and Gullele areas of Addis Ababa)HoheteTibeb Share Company(HTSC) has focused on contributing its share to the development of the country through the provision of quality education to children and the youth. Ethio-Parents’ School[EPS] was established in 1995 by volunteer parents who have strong will power and commitment for their children’s education and future career. EPS, Up on its start up it was comprised of 54 Teachers,26 Administrative staffs and 300 Students.
To highlight the main achievements of EPS over the years, two big schools were opened in Gerji and Gullele campuses. Currently there are more than 3000 students learning from pre-school up to collage preparatory grades in the two schools. The number of academic staff has increased to more than 325 in all campuses and a new building that can accommodate about more than 1500 students was built at Gerji campus.
In the past years, the school conducted one evaluative study in year 2000E.C , on the effectiveness of the program for the sake of making improvement on the working conditions of the school. To enhance and promote quality education the company has prepared a five years strategic plan.
The basic aim of the Company’s strategic plan is to actively determine the nature and character of the company and to guide its direction. The strategic planning identifies the Vision, mission and mandates of the company, strategies for fulfilling its purpose.
The company’s strategic plan emphasis looking from the outside in, identifying and understanding conditions in the environment over which the company may have little control, but which may have an impact on its nature and utility. Since many of the challenges and changes experienced by the company was triggered by outside forces (demographic trends, government fiscal and educational policies, changing public attitudes, towards education) this emphasis on the external environment is a fundamental characteristics. Thus, the company’s strategic plan looks out word at the external environment, monitoring major demographic, social, economic political and technological trends for the institution while the strategic plan has also considered internal factors. It required that they be balanced by an assessment of external realities.
Because the External environment undergoes continuous and often rapid change and because it is impossible to predict future conditions with certainty, strategic planning is dynamic continuing process in which adaptation is required and should be expected. For this reason, the company considered to plan, review and update the strategic plan regularly.
Emphasis has also been given to comparative Environment; it stresses the importance of achieving a position for the company, as a whole, as well, for specific programs. Through the strategic plan, the company strives to distinguish itself from its competition so that people inside and outside the institution recognize its special, identity, character, and areas of expertise. First, the company seeks to identify and gain strengths, alone or in combination, that might give it a competitive advantage over other institutions with which it competes
Ultimately, to be effective, the strategic plan has been integrated with budgeting so that the allocation of resource reflects the priorities that have been established. This will move the company in the direction it has charted.
In general the company has done or designed its strategic plan in order to:-
- Establish a shared direction and focus ;
- Develop a coherent and defensible base for decision-making;
- Develop a renewed commitment to high performance team work;
- Take time to plan and … SAVES TIME!
- Highlights and addresses organizational needs and/or limitations;
- Sets more realistic objectives that are demanding, yet attainable ;
- Accelerate or improve growth;
- Identifies and investigate poor performing areas;
- Improve services;
- Develop better communications within and outside the company;
- Generate personal and group commitment;
- Provide a road map to show where the company is going and how to get there;
- Improve integration and coordination of internal activities ;
- Establish a sense of security among employees;
- Improve resource allocation;
- Create a culture of anticipation and innovation rather than one of reaction and defensiveness;