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Write strategies to solve these problems relating the weakness and the threats. Weakness Limited Reputation and Recognition: Being a new university, it may lack
Write strategies to solve these problems relating the weakness and the threats.
- Weakness
- ➢ Limited Reputation and Recognition: Being a new university, it may lack the established reputation and recognition that older, more established universities enjoy. This can impact student enrollment, faculty recruitment, and collaborations with other institutions.
- ➢ Limited Infrastructure and Facilities: New universities often face challenges in terms of developing adequate infrastructure, such as buildings, classrooms, laboratories, libraries, and recreational facilities. Insufficient facilities can affect the quality of education and overall student experience.
- ➢ Limited Faculty Expertise: Attracting experienced and well-qualified faculty members can be a challenge for a new university. Established professors and researchers may prefer to join universities with a long-standing reputation and a track record of academic excellence.
- ➢ Limited Course Offerings: New universities may initially offer a limited range of academic programs and courses compared to well-established universities. This can restrict students' choices and may make it difficult to meet the diverse needs and interests of prospective students.
- ➢ Limited Research Opportunities: Research output is an important aspect of higher education institutions. However, new universities might face challenges in establishing research facilities, securing grants and funding, and building research collaborations. This can hinder the development of a vibrant research culture.
- ➢ Financial Constraints: Establishing and maintaining a new university requires substantial financial resources. Lack of funding can limit the ability to recruit qualified faculty, upgrade infrastructure, provide scholarships or financial aid to students, and invest in research and development. ➢ Limited Alumni Network: A new university will have a smaller alumni network compared to older institutions. This can affect students' access to a strong professional network, mentorship opportunities, and career prospects.
- ➢ Regulatory Challenges: Compliance with regulatory requirements and accreditation processes can be demanding for new universities. Meeting the standards set by regulatory bodies and obtaining necessary approvals can be time-consuming and resource-intensive.
- Threats
- ➢ High rivalry: Dhaka currently has several private universities and competition will only intensity in the future years. To attract students, Holy Cross College will need to provide something unique.
- ➢ Financial difficulties: establishing a new institution is costly, and Holy Cross College will need to raise a substantial amount of funds. They must be able to generate enough money to pay operational expense.
- ➢ Regulatory Changes: Changes in government regulations or higher education policies can impact the university's operations, funding, and accreditation.
- ➢ Public perception: it takes time and work hard to develop a good reputation and earn the communities trust.
- ➢ Political and Social Instability: Dhaka's political and social environment can affect the university's operations, student enrollment, and overall stability. ➢ Faculty recruitment: it may be challenging to find and keep bright faculty members because well-established university may already have robust faculty groups.
- ➢ Regulatory difficulties: completing regulatory and regulating procedures can be time consuming and difficult, which could delay the university’s opening.
- ➢ Competition: Many reputable universities’ in Dhaka is already highly competitive. It could be hard to stand out and draw students.
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Strategies to Address Weaknesses 1 Build Reputation through Excellence Focus on delivering highquality education research and student experiences to gradually build a strong reputation Engage in activ...Get Instant Access to Expert-Tailored Solutions
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