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SWOT Analysis And Impact Of ERP In Organizations

   

Added on  2020-03-16

14 Pages3704 Words1246 Views
RUNNING HEAD: SWOT Analysis And impact of ERP In OrganizationsSWOT ANALYSIS AND ENTERPRISE RESOURCE PLANNINGNameInstitutionCourseDate
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SWOT Analysis And Impact Of ERP In Organizations 2Part ISWOT ANALYSIS OF ICT DEPARTMENT- REALEState.com.auSTRENGTHSWEAKNESSESWell dedicated and committed team of expertise who handle the operations in a rightful mannerA well-established financial resource provided by the organization to cater for the departmental emergencies and maintenanceEffective use of latest equipment to enable the adaptation of latest technology required forthe effective management of the organizational. Conduce location of the organization that favors network coverage, reliable and dependable power supply to avoid blackoutsPoor coordination with other departments of the organization for effective information flow (poor information flow among departments)Congestion of the ICT department leading to poor ventilation (can cause equipment breakdown)High costs of maintenance as a result of very expensive equipment and expertiseInadequate manpower/ experts to ensure effective management of all the operation executedPoor encryption/ weak encryption that makes company confidential information vulnerable to the third parties as a result of hackingOpportunitiesThreatsAdvanced training for ICT staffs and basic training on ICT for other staff members of the organizationPartnering with other advanced ICT organizations to realize best resultsIncreasing demand for ICT development and digital control access Ability of developing and inventing new applications and software to ease more task management in all aspects of the organizationHigh prevalence of virus attack which may cause system breakdown and data lossHigh risk of data insecurity due to internet hackers and cyber scamming.Third party attacks on the companywebsites as a result of ads and annoying pop-ups that may end up spoiling the company website reputationHigh competitive and dynamic
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SWOT Analysis And Impact Of ERP In Organizations 3innovation in technology by other competitor firms that may drive off available customers (E-business)Summary of the SWOT analysisStrengths; as indicated/ mention in the table, the company has an internal advantage of a well dedicated team who work in the ICT department to ensure there is effective and efficient operation of all the equipment. Given the fact that the company is well established, it also provides a specific financial reserve for the department to monitor and maintain its operations accordingly. As a result of a reliable financial base, the department is able to make use of the latest technological equipment and in turn, improves the output in terms of quality and efficiently. The company is also located in an urban area where reliable supply of power and strong network coverage (Nicolaou, 2004, p.92).Weaknesses; the organization does not have an effective linage of communication for thevarious departments. This affects the ICT department when it comes to relevant data needed for processing. The room provided for the ICT department is not large enough for free ventilation. The department is highly vulnerable to external attacks. Basing on the fact the machines and equipment being used are very expensive, the maintain ace costs are also high (Umble et al., 2003)Opportunities. The department takes advantage of the growing demand of ICT in the accomplishment of business and transaction tasks. The company can also partner with other advanced ICT organization to train its staffs and improve on the general operational effectiveness.
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SWOT Analysis And Impact Of ERP In Organizations 4Threats. High dynamic changes in ICT leaves the company at a high threat due to possibility of outdated technology that my drive away clients (E-business/ E-commerce clients) to other up to date websites. It is also most likely that that the confidential information may be attacked by malerwa/ virusPart IIEnterprise Resource Planning (ERP)
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