20.10.2010
Today, Mr. Sen wanted us to work in groups. The class’s assignment was to determine the opportunities and threats for a non-business company; The Koc School. Every group was assigned a different part of STEEPLE to analyze. Our group had the first “E”, which is economic, and worked towards that. Below is what we have done.
Opportunities | Threats |
· It is supported by Vehbi Koc Vakfı. · The students are wealthy. · Dormitories. | · High energy and supply expenses. · Quality teachers. · Lots of departments. |
Strategies;
ü The school can convince the foundation to build new buildings, libraries, sports fields for the school, so that the school will be a better place. It will become more appealing for both possible student and teacher candidates, which will improve school’s reputation and economy.
ü The school admits students from all over Turkey since it is also a boarding school. This may effect the decision of a student living in Mardin. For example, if the school did not provide dormitories, cafeterias, etc. for a student living at a different city, then the student would not consider The Koc School as an option. So, having more dormitories and providing better service will bring more students, and as a result, more money.
ü The school should decrease it’s energy usage by environmental friendly equipment. For instance, the school could replace all the light bulbs in school with energy saving ones to lessen the electricity expenses. The current sinks may all be replaced with sensored taps to prevent the unnecessary usage of water.
ü For better education, the school hires more talented teachers. This may be a good thing for students and for the school’s reputation, but it costs a lot. Scouting for talented teachers with more reasonable salary expectations may be more suitable for the school; saving the finance.
Now that you have seen the 7-S matrix elements, can you see what is wrong with your analysis? For instance, do students and dormitories belong to the external factors or internal factors? Are all the threats you have listed external or internal? Are they threats or weaknesses?
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