swot analysis final

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Strengths Foundation:- One of the largest colleges in the valley with recent acquisition of KIST college and NCIT college as well as operating Shreya Saving & Credit Co-operative Limited and others Reputation:- Positive reputation in the external community Affordability:-Provides affordable Training & Education Faculty & Staff:-Well Qualified Staffs with Variety of skills Student-Centered:-Provides Easy Access and strong academic preparation for students. Open welcome atmosphere, dedicated faculty and staff, comfortable classes and excellent tutoring centers Diversity:-Provides training in various educational Level as BBS, BSCIT,A-level, plus-2 science, management, humanities Extra Curricular Activities (ECA):- Artistic and cultural Performances (seminars/exhibits), sport events as cricket tournament, basketball tournament etc. Weakness Work burden:- High and unequal workloads faculty & staffs Staff coordination:- lack of coordination between the staffs Organizational/ operational structure:- not defined properly Administrative and Management Supervision Financial Policies:- Not defined properly Internal Control Policies:-Not defined properly Software integration: - not integrated. While integrating billing and accounting software of MIDAS actual data of billing software is integrated (modification of data in billing software may result in loss of data) but the management is hesitant to show the actual data of billing software for tax purpose. Staff & Faculty Development and Training:- Lack Of time and resources including training for teaching online courses Opportunities Growth Of organization:- a. With recent acquisition of NCIT and KIST college, there’s a possibility of increasing revenue by increasing no. of students through implementation of various programs b. Implementation of various Internal control policies over receipt, payment and others c. Centralized accounting system d. Centralized Reporting Sharing

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Page 1: SWOT Analysis Final

Strengths Foundation:- One of the largest colleges in the valley with recent acquisition of KIST college

and NCIT college as well as operating Shreya Saving & Credit Co-operative Limited and others Reputation:- Positive reputation in the external community Affordability:-Provides affordable Training & Education Faculty & Staff:-Well Qualified Staffs with Variety of skills Student-Centered:-Provides Easy Access and strong academic preparation for students. Open

welcome atmosphere, dedicated faculty and staff, comfortable classes and excellent tutoring centers

Diversity:-Provides training in various educational Level as BBS, BSCIT,A-level, plus-2 science, management, humanities

Extra Curricular Activities (ECA):- Artistic and cultural Performances (seminars/exhibits), sport events as cricket tournament, basketball tournament etc.

Weakness

Work burden:- High and unequal workloads faculty & staffs Staff coordination:- lack of coordination between the staffs Organizational/ operational structure:- not defined properly Administrative and Management Supervision Financial Policies:- Not defined properly Internal Control Policies:-Not defined properly Software integration: - not integrated. While integrating billing and accounting software of

MIDAS actual data of billing software is integrated (modification of data in billing software may result in loss of data) but the management is hesitant to show the actual data of billing software for tax purpose.

Staff & Faculty Development and Training:- Lack Of time and resources including training for teaching online courses

Opportunities Growth Of organization:-

a. With recent acquisition of NCIT and KIST college, there’s a possibility of increasing revenue by increasing no. of students through implementation of various programs

b. Implementation of various Internal control policies over receipt, payment and othersc. Centralized accounting systemd. Centralized Reporting Sharing

Distant Education:-By growing online courses and programs Workforce Training:-Focus on specific careers that lead to professional development and

advancement. Create new jobs and opportunities through improved relationship with employees.

Attracting high School Students:-Revisit right program and activities for attracting High school Students

Alternative Funding :-Seek new funding sources , including grants, and expanded facilities, use agreements for additional revenues

Page 2: SWOT Analysis Final

Growth potential:- through merger, acquisition or new-construction Technological advancements:- in teaching methodologies

Threats Competition:- Growing competition with public and private institutions Pending Retirements:-Faculty/staff with unique skills and special knowledge and many years

of experience retiring in upcoming years and will be difficult to replace Growth of Organization: - Though our organization is expanding with recent acquisition of

NCIT and KIST following problems may arise.a. Implementation of Group Culture:- which may vary with organizationb. Merging Reports:- Reporting style of an individual organization varies from other,

merging such reports may be hecticc. Centralized Accounting systemd. Coordination between staffs

Audit Report:-not representing actual financial positions in audit report and the possible risks Increase in Reporting expected by government and Society Financial Crisis