Assume that the management team has hired you to advise them on their overall ri

Question

Assume that the management team has hired you to advise them on their overall risk profile and has asked you to prepare a SWOT analysis for their review and as input to the upcoming strategic planning session. What would you put into your analysis? Additionally, how does your analysis affect the risk management strategies that Kilgore might choose to utilize?

Required:

Provide an initial posting of at least 300 words by Thursday 11:30 pm.

Provide a minimum of two substantive responses that extend or provide alternate views for other entries in this discussion by Sunday 11:30 pm.

Use formal writing using the technical language of Risk Management.

Respond by extending the discussion by adding new insights, different examples from your experience, or from other sources.

Explanation / Answer

SWOT is an acronym for strength, Weakness , Opportunities and threats.

SWOT analysis for Kilgore from Managerial aspect are as follows.

Strength

To measure the overall strength and strong points of the company/organization SWOT analysis is carried out. Strength section provide information about the strong parts and operating sections of the company which is beneficial to learn for creating a competitive advantage.
In this specific condition learning about the possibility of expansion as well as there possible strength of accommodation for students as well as service provision would be the most appropriate way of implementation in SWOT analysis.

Weaknesses

By determining a company's weaknesses we can easily improve the same which would definitely help in maintaining the competitive advantage for the company. Successful assessment of the weaknesses of a company directly increases you are a level of strategy design to improve the situation.
Limited diversity implementation as well as less availability of information over the internet would be the most appropriate criteria that could be assessed in terms of weaknesses for kilgore university.

Oppertunities.

Assessment of the opportunities is very essential for any organization to determine the future availability of the future possibilities of the different aspects of the development for the organization.
University has a very wide availability of expansion to the international scale. University can Offer Exchange programs which would implement its serviceability in international education environment as well as provide positive support to its brand image and increase its availability of operational capabilities.

Threats

Knowing threats for any organization is important as its the only way an organization can improve its situation in the market and can develop their future strategies accordingly.
Consistently growing competition as well as online resources has developed a major threat in operation for the university where availability of different sources and alternatives are also creating an effect on the overall availability of attracting the students towards the university.

P.S.- please leave a comment if any explanation is needed.

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