Risk and Opportunity

1. AN ENTERPRISE DECISION
APPLYING
RISK MANAGEMENT

2. An Information Technology
Education University in Vietnam
create a new plan for
development

3. they want to provide a new
education product
to take more benefits
for the enterprise

4. After a marketing research
they decide
to provide more narrow majors with
high quality education systems,
beside these majors have existed
it entail costly investment
at the beginning

5. Doing this plan is an uncertainty
both have large idiosyncratic
risks and opportunities
And system best placed to manage a
large idiosyncratic are enterprise
sector and financial system

6. The first they have to do
- The first of everything -

7. Identify Risk and Opportunity
01

8.  Student can not find a right major job after
graduated, or work in difference required jobs.
Risk
This risk will decrease the trust in
job opportunities

9.  Not have enough students (consumers)
• Targeted consumers don't know these majors and
the university
• Targeted consumer don't trust in
- The quality of these education program
- Job opportunities after the educatiton
Risk

10.  Difficult to find targeted consumers matched
the academic requirement of new narrow
majors
Risk

11.  Take more benefit to develop the enterprise
Opportunity

12. Solution to reduce Risks
and take Opportunities

13. Knowledge
02

14. Because Knowledge is the cheapest tool, so
we will prefer this tool as we can
Building the output standards which used
widely recognized references
Announce the education process

15. Insurance
03

16. Building a job network for students, choose
trusted company, instruct students to
introduce themselves
Organizing small workshops at places which
have most targeted consumers of new
narrow majors lives on

17. Signing long period contracts with lecturers
Appealing workers invest in enterprise
Avoiding changing human

18. Protecting
04

19. This is the highest cost
Advertising on Internet, because almost
general targeted consumers in Vietnam can
connect on Internet.
Organizing big workshops to introduce job
opportunities for all major at the university
in places which have general targeted
consumers focus on

20. Writing introduction of job opportunities for
all major at the university
Creating free education tools for general
targeted consumers.
Creating job advising forum.

21. Coping
05

22. Combining classes
Reducing tuition
Requesting prepaid purchase
from consumer

23. Reducing salaries and working times of worker
together
Deferring worker salaries
Selling education equipment,
layoff employees.