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MASSTalent SWOT Analysis

Date post: 01-Nov-2014
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A SWOT analysis and assessment of an event I helped run called MASSTalent. Please note: The presentation is not a recap of the event and its success. Rather it’s an assessment of why interest in attending the event was so high among students.
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SWOT ANALYSIS Boston University Public Relations Student Society of America
Transcript
Page 1: MASSTalent SWOT Analysis

SWOT ANALYSIS

Boston University

Public Relations

Student Society of America

Page 2: MASSTalent SWOT Analysis

BU PRSSA

Strengths:Strong Alumni Network: Because we are in

a major city, many of graduates of our program stay in the area to work

High Membership Enrollment Weaknesses

Many students see the organization as only for PR students

Lack of Diversity in Events: We go most weeks with just a speaker and nothing more

Page 3: MASSTalent SWOT Analysis

BU PRSSA Opportunities

Diversity in school programs: Being in a school of communications, there are students of other similar fields we can work in conjunction with.

Proximity to other schools with marketing/communications programs: being in a city affords us the ability to work with students from other universities with similar programs.

Threats Inactive members: there are still students who don’t care

how amazing the event is.Budget: The amount of money we need to run a program

students would want to come to may exceed our allotted budget.

Page 4: MASSTalent SWOT Analysis

Boston Strengths

Major city with many large PR/Communications firms

Networking/Marketing events on a weekly basisMany universities in the area

WeaknessesWe’re not a college town, we’re more a city with

many collegesThe allure of the city’s events and internship

opportunities can sometimes overshadow the benefits and events available on campus

Page 5: MASSTalent SWOT Analysis

Boston Opportunities

The ability to work in conjunction with these major PR/Communications firms as well as our alumni still in the area.

The ability to work in conjunction with other universities in the Boston area

ThreatsThe chance of a Boston event occurring on the

same day as yoursLack of student interest because you’re in a big

city with better things to do

Page 6: MASSTalent SWOT Analysis

With this in mind, we created…

Page 7: MASSTalent SWOT Analysis

AN EVENT AT HILL HOLLIDAY

Page 8: MASSTalent SWOT Analysis

MassTalent: A Hybrid Event ½ Networking

between three schools

½ Speaking Panel from Top Companies

Page 9: MASSTalent SWOT Analysis

The event was a huge success. BU’s allotted number of seats (20) sold out in 7hrs (at 2am). By the next afternoon, there was a waiting list of 15 people hoping to attend.

Why the high interest?

Page 10: MASSTalent SWOT Analysis

We played to our strengths and took advantage of our opportunities.

Page 11: MASSTalent SWOT Analysis

Strengths and Opportunities:PRSSA

We had the help of a BU alumni who had been involved with PRSSA. Now working at Hill Holliday, he helped provide us with speakers and ensured event success.

We invited all of our members to come, but explained tickets were highly limited and would sell out fast.

Page 12: MASSTalent SWOT Analysis

Strengths and Opportunities:Boston We held the event at one of Boston’s largest

advertising agencies, Hill Holliday, and invited other firms in the area to have speakers as well.

We added a networking component so students would have the opportunity to meet others and hopefully gain an edge in acquiring an internship in the city.

We held the event between three schools, solidifying the idea of being the ultimate college town: Boston University, Northeastern University, and Emerson College.

Page 13: MASSTalent SWOT Analysis

We avoided our weaknesses and neutralized our threats.

Page 14: MASSTalent SWOT Analysis

Weaknesses and Threats: PRSSA

Because the event was held at an advertising agency instead of a PR firm and we had speakers from a number of different companies, we attracted a wide variety of students. Majors included PR, advertising, entrepreneurship and even finance.

Holding an event between three schools made it almost necessary to meet new people. We even created a Twitter list of all those attending.

Page 15: MASSTalent SWOT Analysis

Weaknesses and Threats:Boston

If you were a college student interested in digital marketing or entrepreneurship, this was the can’t miss event of the Fall semester. No matter what else was going on in the area, MassTalent was a priority for many.

We brought the employers to us.

Page 16: MASSTalent SWOT Analysis

Other small victories and some minor defeats.

Page 17: MASSTalent SWOT Analysis

Small Victories

By holding our event at a major advertising agency, our organization’s funds to help run the event were zero dollars.

We gained exposure with other organizations on campus.

Page 18: MASSTalent SWOT Analysis

Minor Losses

Although we sold out, interest from members of BU PRSSA could have been a lot higher.

Another entrepreneurial event in the city cut into our attendance numbers.

Page 19: MASSTalent SWOT Analysis

Attendance Rate: Over 70 Eager Students

Page 20: MASSTalent SWOT Analysis

If you have any questions or comments:

E-Mail: [email protected]: @mrahmey


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