BM562: Consultancy in Practice

BM562: Consultancy in Practice
CW1: Portfolio papers and Report
Students

Executive summary
This report is about solving business challenges and coming up with efficient, accurate,
and efficient solutions that will assist the client's firm in progressing from a luxury market
to one that is in the high-end market, among other things. Having evaluative
methodologies will assist the client in dealing with all of the unanticipated business
challenges that may arise as a result of the epidemic. The purpose of this essay is to
illustrate how one can be a productive member of a consulting group. During the
pandemic, the customer has been provided with innovative solutions to provide them a
competitive advantage in a highly competitive business environment. Finally, the
advisory group has developed business communication abilities that are successful and
efficient for the client's firm in a competitive business environment.

Introduction
A consultant's efforts are directed toward assisting other professions in resolving their
business issues. As defined in practice, consulting is the process of providing advice to
an organization's owners. During this Sars-Cov2 virus pandemic, our consulting
company, Victory Group Consulting, is dedicated to assisting businesses in navigating
the unpredictable situations that arise. Thousands of organizations have been brought
to their knees by the pandemic, many of which were dependent on the physical
interaction between customers to generate sufficient revenue within a competitive
business environment. As a fashion company with its headquarters in London, our client
relies entirely on face-to-face interaction with customers. The report will evaluate
various approaches and come up with solutions as well as communication skills that will
allow the fashion company to effectively continue operations even in the face of a
pandemic situation.

Evaluative Approach
To successfully complete the consulting project, an evaluation approach must be
applied to many different practical business information and data sources. Using
evaluative approaches can help the problem and clarify existing approaches that a
company's business already employs (Pucci, 2019). There are seven ways to evaluate.
These are formative, process, outcome, economic, impact, and summative evaluation.
The goal-driven evaluative strategy is the seventh type. Business data and information
sources are useful in both cases. Business information can be considered an electronic
asset by the organization. Strategies, decision-making processes, personal information
about employees, investors, private contractors, and customers are included. The
company can use information from social media, journal articles, the website, and even
fabricated objects. It will help the client make better choices and give them a
competitive advantage over other beauty businesses in the market.
Solution
To provide the optimal answer, a client must carefully review the advice of a consulting
team. Various evaluative methods Tips for designing solutions for a client's firm. The
first mode is considered evaluability assessment. For consultant monitoring, this method
is used before the acceptance and program development phases. A systematic
methodology identifies the client's flaws and strengths while offering strategic advice. In
terms of advertising, the company's fashion brand should use social media more
effectively. Rather than a physical store, the customer can create an online platform
with virtual fashion displays. Online payments are more convenient and secure. This
approach will help the customer exploit private business data on the biggest and most
popular source for information.
And after the implementation stage, the process's effectiveness will be evaluated. It is
used to evaluate the previous technique's results. As a result, more knowledge about
the system is available for evaluation. The name implies it is a method for evaluating the
operation's outcomes. During the implementation stage, the company's costs are
evaluated. In other words, a client would not pay more for some items and just enough
for
The evaluation process is simply a reflection in that it looks at the whole process. This
method evaluates the client's long-term goals. A summative assessment completes the
curriculum. Finally, evaluate the project's success, the target audiences' benefits, and
the client's business.
The program ends with a goal evaluation. Clever goals are those that are smart,
measurable, useful, and time-limited. Using the above strategies will help make the
client's issues more tangible (Toma, 2010).
Keep your team informed. Transparency is required to collaborate. Always eager to
assist other members by providing helpful and distinctive solutions to specific issues.