Strategies for a University and Strategies for an Organization free essay sample

It is important for representatives from all areas of college or university t9o identify and discuss alternative strategies that could be benefit faculty, students, alumni, staff and other constituencies. As you complete this exercise, notice the learning and understanding that occurs as a people express different opinions. Recall that the process of planning is more important than the document. STEP 1 Key External Factors of University Opportunities 1. Provide education to women 2. Offers a wide range of courses . New campus 4. Day care centre 5. Number of permanent faculty members 6. Offers online university degree Threats 1. Transportation 2. Technolgy advances required innovation 3. Lack of faculty 4. Increase in number of universities Key Internal Factor of University Strength: 1. First aid facility 2. Well Reputation 3. Many computer labs 4. Increasing Revenues 5. Construction of new departments 6. Mosque for student’s prayers 7. First women bank limited branch Weaknesse s 1. Administration is not efficient 2. Un availability of multimedia . Management not solves the problem of students. We will write a custom essay sample on Strategies for a University and Strategies for an Organization or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 4. Availability of class room. 5. Problem in submission of fee. 6. PCO (Public call office) does not provide full time service to students. STEP 2 Alternative Strategies that could benefit my university: 1. University should arrange their own busses and to provide pick and drop service to the students 2. Allow the students to submit their fee in other branch of first women bank limited located outside the university to over come the load and save the time of students and staff. 3. Construct separate new labs for all the departments with the availability of all required instruments. 4. Atleast one new campus of the university should be located in different provinces of Pakistan. 5. Increase in number of permanent faculty member to make the administration more efficient. 6. New interns should also provide with a facility to teach in the university with their new ideas and capabilities. 7. Make a separate department which not only listen the problems of student but also sort out these problems. 8. Introduce M. phil department with a wide range of courses. 9. To arrange all activities on time, management staff should give all necessary information according to their work. 10. Student should given a chance to participate in more events held outside the university. 11. Teachers should not allow taking classes after 4. 00 pm. 12. Every class has its own multimedia to teach the students in more efficient way. 13. New technology should introduce which help the administration to do their work in more efficient way. 14 Duties of workers on PCO should divide into two shifts which will help the student to take the benefit of full time service. Now a day’s educational institutions are using strategic management techniques and concepts more frequently. This process could enable them to enhance their performance. Through involvement in strategic management activities staff members of the university achieve a better understanding of university’s priorities. Strategic management allows organization to be efficient and allows them to be more effective the strategic planning does not guarantee organizational success it allows the organization to make proactive decision. It also needs the full cooperation and support of all the staff members working in the organization, this can represent a new beginning to a firm. I have share the class result with the administrator of our university and he say that this is a good procedure to identify those factors of university which has negative impact on our organization and they are working on some of those top scoring strategies and trying to implement them as soon as possible, and they’ll also think about the remaining strategies. This exercise focus on how risky various alternative strategies are for organization to pursue. Different degrees of risk are based largely on varying degrees of externality, defined as movement away from present business into new markets and products. In general, the greater the degree of externality, the greater the probability of loss resulting from Un expected events. High risk strategies generally are less attractive then low risk strategies   Number vertically from 1 to 10. DiversificationAdding new or un related products or services 2Horizontal diversificationAdding new or un related products or services for present customers. 3 Backward integrationSeeking ownership or increased control of a firm suppliers 4Product developmentSeeking increased sale by improving present products or services or developing new ones 5liquidationSelling all of company assets, in parts, for their angible worth 6Market penetrationSeeking increased market share for present products or services in present markets through great market efforts 7Market developmentIntroducing present products or service into new geographic area 8Joint ventureWhen two or more companies form temporary partnership for the purpose of capitalizing on some opportunity 9Forward integrationGaining ownership or increased control over distributors or retailers 10 Horizontal integrationSeeking owner ship or increased control over competitors