Implementing Innovative Financial Strategies: Integration of the Foundation Plan Model in Contemporary Education Dynamics
DOI:
https://doi.org/10.71392/jrem.v2i2.25Keywords:
Model Foundation Plan, Innovative Financial Strategy, Management EffectivenessAbstract
This study examines how the integration of the Foundation Plan Model into educational financial management can enhance the effectiveness, transparency, and accountability of fund allocation. Employing a qualitative approach, data were collected through in-depth interviews with school principals, educators, and education managers, complemented by observations of financial management practices across educational institutions. The findings indicate that the implementation of the Foundation Plan Model strengthens financial management by improving systematic planning, prioritizing institutional needs, and ensuring more efficient and targeted fund allocation. The study further reveals that adapting the model to the institutional and local context contributes positively to the improvement of educational facilities and stakeholder satisfaction. Nevertheless, several challenges remain, particularly in adapting the model to diverse institutional conditions and integrating new financial management elements without disrupting existing practices. These findings suggest that the effectiveness of the Foundation Plan Model depends not only on its implementation but also on contextual adaptation, stakeholder involvement, and consistent financial governance. The study concludes that a contextually adapted Foundation Plan Model can strengthen educational financial strategies, promote greater transparency and accountability, and support more equitable, efficient, and sustainable financial management in educational institutions.
References
Ariff, F. F. (2023). Gaming Approach as an Introduction to Programming Language : A Case Study at Kolej GENIUS@Pintar Negara UKM. September. https://www.researchgate.net/publication/374371992
Arnaiz-Sánchez, P., De Haro-Rodríguez, R., Caballero, C. M., & Martínez-Abellán, R. (2023). Barriers to Educational Inclusion in Initial Teacher Training. Societies, 13(2), 1–13. https://doi.org/10.3390/soc13020031
Author, N., Dwi L, R. S., Sukmana, R., & Abduh, M. (2023). Optimizing Productive Waqf Empowerment on the Development of Sustainable Halal Tourism in Indonesia. Ekonomi Islam, 14(1), 32–43. https://doi.org/10.22236/jei.v14i1.11093
Damerau, K., Beudels, M. M., Börtitz, C., Balti, N. El, Funk, L., Westerholt, D., Cohnen, J., & Preisfeld, A. (2022). The Effect of Teaching with Anatomical Models in Science Education on Primary School Children’s Understanding of Human Organs. International Electronic Journal of Elementary Education, 14(4), 539–555. https://doi.org/10.26822/iejee.2022.262
Farr, M. B., Lawford, H., Hull, K., Stowe, S., Jensen, M., & Ross, K. T. (2020). The Impact of a Bookend Think-Pair-Share Intervention on Anxiety and Student Collaboration in a Community College Human Physiology Course. HAPS Educator, 24(1), 551–560. https://doi.org/10.21692/haps.2019.030
Friendly, C., Aziz, T., & Nabila, D. R. (n.d.). Implementation of Transformative Learning in Fostering the Spirit of Early Childhood. 1–19. https://doi.org/10.19105/kiddo.v5i1.12781
Gray, B. C. (2023). Digital detox: One strategy for establishing a more ethical relationship to educational technologies on campus. Collected Essays on Learning and Teaching, 14(1), 1–11. https://celt.uwindsor.ca/index.php/CELT/article/view/7162
H. Iksan, Z. (2023). Science Teachers’ Perspectives on the Integration of the Quran in Science Learning. Islamiyyat, 45(1), 253–262. https://doi.org/10.17576/islamiyyat-2023-4501-21
Hidayati, R., Rachman, N. M., & Agustina, S. (2023). Integrating Workplace Learning Concept in the Ministry of Trade Officials Competency Development: a Business Canvas Model of Trade Negotiator Training. Cendekia Niaga, 7(2), 142–152. https://doi.org/10.52391/jcn.v7i2.748
Judul, H. (n.d.). Inovasi Pendidikan : Transformasi Pembelajaran di Era Digital.
Junusi, R. El, Musahadi, & Yuningrum, H. (2019). Balanced Scorecard: Strategi Menuju World Class University. Jurnal UIN Walisongo, Vol 10, No(3), 57–88.
McCarthy, R. N. E., Donkoh, E. T., Arthur, D. D. G., Dassah, E. T., Boadu, K. O., Otoo, J. E., Boadu, I. W. O., & Gyasi, S. F. (2023). Public relations strategies employed by the Ghana Health Service to address COVID-19 vaccine hesitancy: a qualitative inquiry. Tropical Medicine and Health, 51(1). https://doi.org/10.1186/s41182-023-00519-7
Meri, M., Sofyan, S., & Yanto, Y. (2023). Evaluation of the School Literacy Movement in Primary Schools. Edunesia: Jurnal Ilmiah Pendidikan, 4(3), 1259–1274. https://doi.org/10.51276/edu.v4i3.480
Moffett, J., & Cassidy, D. (2023). Building a Digital Educational Escape Room Using an Online Design-Thinking Process. Online Learning Journal, 27(2), 223–244. https://doi.org/10.24059/olj.v27i2.3279
Nurnaningsih, A., Norrahman, R. A., Muhammadong, & Wibowo, T. S. (2023). Pemberdayaan Sumber Daya Manusia dalam Konteks Manajemen Pendidikan. Journal Of International Multidisciplinary Research, 1(2), 221–235. https://journal.banjaresepacific.com/index.php/jimr
Osias Kit T. Kilag, Jackelyn B.Yamson, Manilyn T. Bocao, Nelson A. Cordova Jr, & John Michael Sasan. (2023). Anger and Stress Management Techniques for Successful Educational Leadership. International Journal of Scientific Multidisciplinary Research, 1(9), 1103–1118. https://doi.org/10.55927/ijsmr.v1i9.3578
Pendidikan Ekonomi, J., Akuntansi, dan, Kurniaji Aljero, R., & Fadillah Fidhyallah, N. (2023). Factors Impacting Entrepreneurial Competence of Vocational School Students: a Literature Review Approach. 4(2), 159–170.
Praja, W. K., Hermawan, F., & Hatmoko, J. U. D. (2023). Penerapan Evaluasi Building Information Modelling Maturity di salah satu Kontraktor BUMN Indonesia. Journal of Civil Engineering and Vocational Education, 10(2), 693–708. http://ejournal.unp.ac.id/index.php/cived/index
Risdwiyanto, A., Dwiyanto, B. S., Jemadi, J., Wijono, D., & Hertini, E. S. (2023). The Impact of Marketing Education Integration with Industry in Improving Student Career Readiness. Indo-MathEdu Intellectuals Journal, 4(2), 509–523. https://doi.org/10.54373/imeij.v4i2.232
Rosyada, D., & Sujai, A. (2016). the Life Skills Curriculum At Ma Technonatura in Terms of Hard Skills Is Based on Stem Education Which Refers To 21St Century Skills. 6(1), 1–23.
Salim, N. A., Handayani, L., Eka, ), Handayani, S., Khairunnisa, R., Oktaviani, S., Universitas, ), Gama, W., Samarinda, M., & Kunci, K. (2024). Navigating Excellence: Optimizing Academic Risk Management through Strategic Planning in Private Universities. Nidhomul Haq: Jurnal Manajemen Pendidikan Islam, 9(1), 193–211. https://doi.org/10.31538/ndh.v9i1.4531
Setyaningsih, A., Handayani, E. S., Solissa, E. M., & Sapulete, H. (2023). The Instrumental Role of Principal Leadership in Efforts to Improve The Quality of. Jurnal Pendidikan Dan Konseling, 5, 1954–1961.
Suskawationo, M., Lian, B., & Eddy, S. (2021). The Effect of Principal Leadership and Teacher Motivation on Teacher Performance. Proceedings of the International Conference on Education Universitas PGRI Palembang (INCoEPP 2021), 565(1), 18–25. https://doi.org/10.2991/assehr.k.210716.207
Wahid, M. E., & Ain, R. (2023). Theoritical Implementation As Folklore Digital Reconstruction In Malay Literature Education. Idealogy Journal, 8(2), 37–47. https://doi.org/10.24191/idealogy.v8i2.447
Yusuf, R., Sanusi, S., Maimun, M., & ... (2023). Actualization of Islamic-Based Curriculum In The Country of Serambi Mekah, Indonesia. Edukasi Islami …, c, 101–118. https://upgrade.coreidjournal.com/index.php/ei/article/view/4458
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Dinda Febrianti Putri, Izzatul Munawwaroh, Yusuff Olatunji Abimbowo
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
