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Increasing Business Value for Stability in the Need Private Schools amidst Pandemic

Author

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  • Edgardo S. Delmo

    (Polytechnic University of the Philippines – Quezon City Branch)

  • Sheryl R. Morales

    (Polytechnic University of the Philippines – Quezon City Branch)

Abstract

In 2020, the COVID-19 pandemic struck every part of the world, disrupting every government economic mantle and not sparing the private or non-state education sector. In the Philippines, the Department of Education (DepEd) announced in September 2020 that 864 private schools were closed for the S.Y. 2020-2021 due to declining family income along with a 107-year-old Catholic school. With the current government policy of free Basic and Higher Education, the business value of the private education sector has declined over time. As a way forward, this theoretical research paper aims to provide a possible approach for the private education sector to modify its business value creation in this increasingly demanding valuation environment. The recommendation is that the private-own or non-state education sector must forge partnerships with organizations providing free and open-source platforms. Reevaluate to migrate from face-to-face classroom to online learning institution on a post-COVID world. Finally, seek government support made available for the private or non-state education sector enacting legislation that would allow funding for a blended learning system.

Suggested Citation

  • Edgardo S. Delmo & Sheryl R. Morales, 2022. "Increasing Business Value for Stability in the Need Private Schools amidst Pandemic," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(1), pages 136-139, January.
    • Handle: RePEc:bcp:journl:v:6:y:2022:i:1:p:136-139
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