A visit to Bursa Malaysia : 4TH BCAR GENERATION

Assalamualaikum..

Sejak dah lama tinggalkan blog ni sendirian dan usang. Semalam belek belek entry lama. Seribu macam perasaan ada. Apa taknya, kenangan yang dah lama sangat berlalu, zaman zaman muda remaja dan bila kita abadikan ia dalam bentuk sebuah penulisan, ia akan tetap segar. Tak tipu. Diri sendiri pun tergamam ehh rupanya aku buat benda ni masa ni. Oh oh. And then I decide to write out some things that happen in the past. Because when I’m down, I’ll look at that again and gained my strengths sebabnya nanti kita akan ingat masa ni kita happy happy je. Kenapa pilih untuk berduka ye dok.

“I choose to write because it's perfect for me. It's an escape, a place I can go to hide. It's a friend, when I feel out casted from everyone else. It's a journal, when the only story I can tell is my own. It's a book, when I need to be somewhere else. It's control, when I feel so out of control. It's healing, when everything seems pretty messed up. And it's fun, when life is just flat-out boring.” So yelah, sekarang midsem break, I got a plenty of times to update my blog.

Jadi, nak mulakan episode throwback ni dengan gambar gambar masa lawatan ke BURSA MALAYSIA semester lepas. Kami pergi ke sana di bawah Subjek Public Relation. Semestinyalah, nak memulakan sesuatu program. Persediaan adalah yang paling utama. Jadi 3 kelas BCAR Third year yang terlibat dipecahkan untuk melakukan tugas tugas tertentu. Kelas TMD3 ditugaskan untuk menyiapkan kertas kerja dan membuat notis pemberitahuan kepada Pihak Bursa Malaysia atas kehadiran kami.  So here we go !

Life will give you whatever experience. That is most helpful for the evolution of your consciousness. How do you know this is the experience you need? Because this is the experience you are having at the moment.  If we can just let go and trust, that things will work out the way they're supposed to, without trying to control the outcome, then we can begin to enjoy the moment more fully. The joy of the freedom it brings becomes more pleasurable than the experience itself.”  -  Quotes

Alhamdulillah it was so enjoy full with all the course mates. Wassalam.

semester 6 bcar usim

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currently I'm keeping an eye on one person, but I'm not a nutty as a fruitcake. saranghae.

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What I have learned this week : SWOT analysis

Assalamualaikum and have a good day ;) 

When we long for life without difficulties, remind us that oaks grow strong in contrary winds and diamonds are made under pressure. Some of us think holding on makes us strong, but sometimes it is about letting go. Yes, life never makes it easy for us to go through. 

Alhamdulillah. I’m here. Regards all the things that happen, I am bless with the love from everyone. So, this is my third post regarding the lesson that I have learned in Strategic management and operation subject. For the last 2 weeks, we are learning about SWOT analysis. 

What is SWOT analysis?

It is a tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, straightforward model that assesses what an organization can and cannot do. The method of SWOT analysis is to take the information from an environmental analysis and separate it into internal (strengths and weaknesses) and external issues (opportunities and threats). Once this is completed, SWOT analysis determines what may assist the firm in accomplishing its objectives, and what obstacles must be overcome or minimized to achieve desired results.

On that day, we are being separated into 4 groups and Miss Ummi was asking us to do an analysis about our upcoming final year project, an ICEPS10.

The Faculty of Economics and Muamalat , USIM will continue the tradition of organizing the Islamic Entrepreneurship Convention (iCEPS) for the tenth time. This program is a continuation of the policy of academic FEM in organizing the Islamic Entrepreneurship Convention (iCEPS ) for a final year students. Therefore, the continuation of the Tenth Islamic Entrepreneurship Convention 2014 (iCEPS10 2014) to be held on 13 November to 16 November 2014 at the Great Hall of the Convocation of Universiti Sains Islam Malaysia (USIM) will continue. The theme of the convention was "Entrepreneurship-based Internationalisation and reviving Islamic Sunnah of the Prophet".

 

In some ways a SWOT analysis pushes us to think "inside the box". It does help us in analyses how ICEPS10 is going. Knowing what the positives and negatives of our program are puts us in a better position for action. While a SWOT analysis is not in itself action, it can be great tools to help us. First and foremost, identify the issues or problems you intend to change and then set or reaffirm goals as well as create an action plan. We can use SWOT to justify a course that has already been decided upon, but if our goal is to grow or improve, we will want to use it differently. 

The purpose of SWOT analysis is to analyse and evaluate information and identify strategic at a given time. SWOT Analysis is a very effective way of identifying strengths and weaknesses, and of examining the opportunities and threats one tends to face. Carrying out an analysis using the SWOT framework helps to focus activities into areas where one is strong and where the greatest opportunities lie. This knowledge is then used to develop a plan of action. 

An individual person also can develop their level of understanding themselves by doing a SWOT analysis. So have fun and do yours now !

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currently I'm keeping an eye on one person, but I'm not a nutty as a fruitcake. saranghae.

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What I have learned this week : External Environmental Factors

Assalamualaikum..

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time”

Today, I would like to continue another posting relate with Strategic management and Operation subject. For the past few weeks, we are learning about Strategic Planning Process: The External Environmental Analysis. An external environment factor is referring to the factors that are beyond the control of an organization. Which means, these factors are influenced the organizations in decision making process.  In external environment factors, it is divided into two categories which are general environment and industry environment. 

PESTEL is simple acronyms that are included in General environment factor.

P : Political factors

Employment laws and Consumer protection laws

E : Economic factors

Unemployment rates and Inflation rates

S : Socio-cultural factors

Demographic factors

T : Technological factors

Rate of technology transfer and Energy use and cost

E : Ecological factors

Global Warming and sustainable Economic Growth

L : Legal factors

Minimum wages and price control act

So, these 6 factors are taking into consideration when a company making a decision. While, the industry environment refers to the factors that directly affect the firm and its competitive responses. These factors have the ability to affect the firm’s probability.  Michael Porte’s 5 Forces Model is one of best known conceptual framework to assess the industry environment. These are the elements in Porter’s 5 Forces Model:

Bargaining power of Buyers

Buyer groups have the power because they are the main industry’s output. We have large buyers and they could switch to another product in anytime because they did not involve in any significant switching cost.

Bargaining power of Suppliers

A group of supplier also has their power. The suppliers’ goods are critical to the buyers’ marketplace success.

Threat of new Entrants

For your information, new entrants to an industry could raise the level of competition between the organizations.

Substitute Power

Substitute product can be a threat when the buyers group are price sensitive and customer do have a little brand loyalty. It also happens when the product itself is undifferentiated and customer can easily switch away from one supplier to another supplier.

Rival among Competitors

The competitions between companies cannot be avoided in the industry. If rivalry among the competitors is intense, companies may earn less profit. Intense situation may happen if the products offered by companies are undifferentiated and are viewed by customers as commodities.

It is not an easy task in building a successful company. We have to take many things into consideration. Obstacles are those frightful things you see when you take your eyes off your goals. The successful leader must plan his work and work his plan.

This is what I have learned in Strategic management and operations subject for week 3.

Thank you for reading and till then, wassalam.

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currently I'm keeping an eye on one person, but I'm not a nutty as a fruitcake. saranghae.

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