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Strengths, Weaknesses, Opportunities and Threats Analysis for Research and Innovative Partnerships Legislative Affairs, Research and Innovation Committee August 17, 2017

Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

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Page 1: Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

Strengths, Weaknesses, Opportunities and Threats Analysis for

Research and Innovative Partnerships

Legislative Affairs, Research and Innovation Committee August 17, 2017

Page 2: Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

SWOT Definitions

• Analysis of research and innovation program strengths, weakness, opportunities and threats (SWOT) provides an initial framework for evaluating the potential for future programs.

• Strengths = positive attributes, tangible and intangible, internal to NIU, within institution control.

• Weaknesses = circumstances that detract from the institution value proposition or place the institution at a competitive disadvantage.

• Opportunities = external factors which, when leveraged, will enhance programs at NIU.

• Threats - external factors beyond institutional control that place research and innovations programs at risk

Page 3: Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

• Broadly speaking our primary institutional strengths are associated with:– Faculty and their scholarship– Student engagement and outreach programs – Administrative efforts to strengthen and invest in

programs

Strengths

Page 4: Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

• Institutional weaknesses also can be assigned to three categories:– Cultural– Key missing programs– Broad lack of resources

Weaknesses

Page 5: Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

• Two general types of opportunities:– Those evolving– Those related to location

Opportunities

Page 6: Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

• Threats have origins at local, state and national levels.– Strong competition locally – At the state and national levels we encounter

competition as well but also changing funding dynamics

Threats

Page 7: Strengths, Weaknesses, Opportunities and Threats Analysis for … · 2017. 8. 13. · SWOT Definitions • Analysis of research and innovation program strengths, weakness, opportunities

Closing Comments

Through partnerships with the Divisions and Colleges, RIPS is activity working to capitalize on institutional strengths and opportunities while trying to correct our weaknesses and mitigate threats.

We are making significant progress; however, our primary impediments, often traced to limited resources, lessen our ability to be fully responsive. Resolving these issues will increase our value proposition.