Case Solution for Academy of National Economy

Complete Case details are given below :
Case Name :      Academy of National Economy
Authors :           Gevork Papiryan, Paul W. Beamish
Source :             Ivey Publishing
Case ID :            905M42
Discipline :        Strategy
Case Length :    25 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In 1989, the government of the USSR appointed academician Abel Aganbegyan to the Academy of National Economy as rector. Since its foundation by the Soviet government in 1977, this educational institution educated several top managers for the Soviet economy. Since 1992, after the collapse of the Soviet Union and the start of democratic reforms, the academy started its own transformation to the business university. The academy is in the process of finding a new strategy direction for its further evolution. The school’s leadership must resolve both internal and external problems and stand up to the challenge of a competitive Russian business education market. The most significant issue for the academy’s leadership is to redefine its mission and status quo. There are three basic alternatives: continue being affiliated with the government elite state educational and scientific center with a group of relatively independent business schools; separate from these independent schools and restate its mission as a state educational and research institution affiliated with the government; or encourage the separation of the business schools and try to transform it into a Western-style business school.
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