Onadebi_swot analysis

xlsx

School

Fanshawe College *

*We aren’t endorsed by this school

Course

6011

Subject

Information Systems

Date

Oct 30, 2023

Type

xlsx

Pages

Uploaded by DrKangaroo3560

SWOT Analysis for Hotel and Tourist Complexes BI Reporting System INTERNAL FACTORS BI Business Intelligence STRENGTHS (+) WEAKNESSES (–) EIS Executive Information System 1 Our existing data would leverage on the BI system to provide intelligent reports to guide decision making. 1 Possibility of not meeting the allocated time of BI implementation AI Artificial Intelligence 2 Hotes Fanshawe established reputation for quality and service excellence. 2 Planned cost/budget being exceeded PIPEDA 3 Our unique selling point of ultimate satisfaction with premier service for peace and pride 3 All staffs who would use the new system, would need to undergo training. 4 Strategically located in Ontario, the province with the largest population in Canada. 4 5 Hotels Fanshawe amnagements board, industry knowledge due to many years of experience in the business 5 Staff morale and commitment to learn the new system has to be considered and may possibly need incentivising. 6 6 System compatibility and integration with legacy systems is important. 7 7 EXTERNAL FACTORS OPPORTUNITIES (+) THREATS (–) 1 1 Weak economic condition in the U.S. 2 The BI System would be empower our clients ability to create customized reports for quick insights and deceision making. 2 Possible foreign currency exchange rate fluctuations can affect project implementation costs 3 The propoed system would allow for planned timely statistical reports , and also on demand, brief analytical information. 3 Natural unwanted events, like key resource persons falling sick 4 4 Competitors implementing similar systems before us, thereby 5 Implementation of the proposed BI system would pave way for the adoption of AI and Machine learning 5 Unexpected government regulations that don't favour the growth of our business. 6 6 7 7 8 8 Protection and Electronic Documents Act Out IT team would, which would evenutally be responsible for overseeing the maintainance of the BI system, would need time and resource (e.g. manuals, laptops of possibly higher specifications) allocation for extensive training to effectively main the system. Our overall employee track record of giving their best despite the many systems they have to work with, would have morale boosted with introduction of the BI The proposed BI system would simpllify clients of Hotel Fanshwe, data operations, by reducing to a single system, the workflow of gathering, processing and reporting hotels data. Reports produced by the System, would enable us have deeper insight about our customers, thereby empowering us create customized experiences for all/select clients With modern insights gathered and presented from the BI, instituting partnerships and convincing potentail investors, for company expansion would be easier.

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