Introduction
Initially known as I.V. Tech, Ivy Tech Community College was founded in Indiana in 1963 as Indiana Vocational College. Initial purpose of Ivy Tech was to provide technical and vocational education services to various Industries. In 2005, I.V Tech’s name was modified to Ivy Tech State College. Ivy Tech Community college system currently has 30 campuses in 14 regions and provides various educational services to 200,000 annual students.
Ivy Tech provides courses and services in education to its students and employees like career services in form of JobZone, Indiana Career Explorer and has campuses in Central Indiana, Bloomington, East Central, Southern Indiana; rest of the list is available at the college website http://www.ivytech.edu/career-services/.
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The majority of revenue in this industry and for Ivy Tech is generated from tuition fees or fee it gathers from the programs it offers.
This section examines the factors external to the organization and the industry that affect it. While an organization cannot control external factors, external factors create opportunities and threats to which the organization must respond. Common examples of external factors include: macroeconomic forces, socio-cultural forces, technology, global issues, demographics, political or legal forces, etc.
When community colleges are partnered with businesses, they play big role in providing applied learning and academics that are required to satisfy demands of skilled employees and requirement of knowledgeable citizenships (Soares) Similar to any industry or organization, education services and Ivy Tech in it, external environment and factors provide Ivy Tech necessary information it requires to shape its strategic intent and mission for community to prepare Indiana to learn, live and work in a globally competitive and diverse environment. External Environment have affect on organization growth and profits. Overall external factors that affect Ivy Tech’s strategy and services
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The education academe is always made aware of the demands of new initiatives and new curricula and to the general interests of the external social forces. Due to this, the educational institutes are now expanding and diversifying their curriculums to meet the social needs which have created and inevitable state of tension between pressure from society and the idea on which the education industry as well as Ivy Tech is formed- Ingraining autonomy in academic services (Thomas).
Technological Factors In last five years, technological advancements have reshaped how Ivy Tech College and other similar colleges use to provide educational services. The era of Internet, online learning, information sharing has made education services to reach vast areas of society. At the same time, with all technological advancements, educational institutes are now facing issue related to infrastructure enhancements and staffing to cope up to the changing needs of students because expertise is required to deal with integrating technology and instruction