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MIT University, Shillong- SWOT Analysis for Strategic Management

MIT University is an institute that understands the current skills gap in the market and strives hard to reduce it. For this purpose, MIT University offers Executive MBA (EMBA) in Project Management course that covers the key concepts of Project Management through case study and an interactive approach. <br>

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MIT University, Shillong- SWOT Analysis for Strategic Management

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  1. MIT University, ShillongSWOT Analysis for Strategic Management

  2. What is SWOT Analysis? SWOT stands for Strengths, Weaknesses, Opportunities & Threats. SWOT analysis helps companies to look at the internal & external factors objectively and take the decision and plan the course of action accordingly. • Strength • Strength shows the tangible or intangible aspects of the organization or capabilities. These can include people, location, financial stability, a stronghold in the market, unique products or services, processes, or brand loyalty. • Weakness • Weakness displays the negative points within the organization that deter it from achieving its goals or objectives. It can be ill-maintained machinery, insufficient staffing, inadequate training, wastage of resources, etc. • Opportunities • Opportunities include new markets, new target audience, scope to increase production, diversification, expansion, new machinery or technology, Government norms, etc. These factors contribute greatly to deciding the future course of action for the company. • Threats • Threats describe the factors that can hamper an organization’s growth & profitability. They can be natural calamities, political unrest, restrictions on trade, redundancy of products, restricted FDIs or imports & exports, etc.

  3. Why SWOT is important? • SWOT analysis helps companies to look at the internal & external factors objectively and take the decision and plan the course of action accordingly. • It helps the company to fix realistic targets, prepare for impending threats and take policy decisions to increase profitability. • Past & present data are compared to measure the performance of the company and prepare for the future, making it a more practical way of analyzing the scope of the company. • A SWOT analysis is essentially a way to get the organization focused on specific goals, projects, and objectives. It’s an organized approach that helps businesses identify ways to improve efficiency and productivity.

  4. Learning Strategic Management Techniques A decision-maker must have a strong knowledge of strategy formation and the tools & techniques to be used. Hence one should undergo training and acquire the required skill set. MIT University is an institute that understands the current skills gap in the market and strives hard to reduce it. For this purpose, MIT University offers Executive MBA (EMBA) in Project Management course that covers the key concepts of Project Management through case study and an interactive approach. EMBA in Project Management imparts the skills required to successfully execute projects using the latest tools like Jira and Microsoft Project. It also teaches the important skills of people management, risk analysis, and project planning, monitoring & controlling.

  5. About MIT University, Shillong • Set in the laps of nature’s haven, North-East India, MIT University of Shillong, Meghalaya is an integral constituent of MIT Pune. • MIT University, Shillong offers Executive MBA programs across specializations such as Marketing, HR, Finance, Supply Chain, Operations & Project Management. In addition to the executive education, the University has matched the pace with the changing times, and hence it offers Certification programs in Innovation & User Experience Design and the most trending Digital Marketing. It also offers a unique program called the Post Graduate Program for Executive education (PGPEx) in Design Thinking & Digital Transformation

  6. Advantages of MIT University, Shillong • Industry experts as course faculty • Harappa Education certifications • Industry-relevant course offerings • Self-paced learning • Block pattern pedagogy • Continuous Assessment for long-term knowledge retention • Live sessions & Masterclass • Case study discussions (Cases from Harvard, IIMs, and other premium sources) • Dedicated student support team • State-of-the-art LMS (Canvas) • Regularly updated syllabus

  7. Contact Us Address: Nongshiliang, Shillong, Meghalaya 793014 Phone: +91 7385554599 Email id: admissions_executive@mitu.edu.in Website: mituniversityindia.edu.in

  8. Thank you

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