Business Consulting for Desklib: Building a Hospital and Introducing a Sports Business
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This presentation explores business consulting for Desklib, focusing on building a hospital and introducing a sports business. It covers strategies for competitor analysis, segmentation, targeting, and positioning, as well as the skills and expertise needed for success. The presentation includes references and a conclusion.
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Table of Contents Introduction PART- A (Building new construction hospital) Business problem Competitor analysis Segmentation Targeting Positioning Skills, expertise and experience of a team PART- B (Introducing new sports business) Business problem Competitor analysis Segmentation Targeting Positioning
Introduction Consulting is the act of providing solutions in context with any issues which the individual is facing. In similar way, business consulting is the frameworkto provide solution or an idea to a given business in order to improve their performance. Every business hires a consultant who can provide them the ways by which they can meet their business objectives.
PART- A (Building new construction hospital) Business Problem- Construction of a hospital is not a easy task as with that it brings several other problems and the main problem which has been faced by client is to bring funds for making construction. The construction of hospitals requires adequate amount of funds and that covers all the assets and machinery. In many cases it has been identified that the fixed budget goes over budget which creates problem to the owners.
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Competitor Analysis(Porter Five Forces) Threat of new entrants-The threat of new entrants in hospitals is less because it needs huge amount of investment. Also, it takes time to build the goodwill in healthcare business as people will trust that which are providing quality in their medical facilities. Bargainingpowerofsuppliers-Thepowerofsuppliersin healthcare business is high because this sector is dependent upon the instruments which will be provided by suppliers only. There are also less number of suppliers the hospitals have less choice in making the purchases.
Segmentation Segmentation is the process in which market gets divided into different groups. These groups have the similar type of characteristics which makes it easy for the business to target the right group. Segmentationhelpsthehospitalclientstogetthe insight about the consumers because in the present time people are becoming more aware about the plans which are offered in this healthcare business.
Targeting Targetingistomaketheselectionofthatgroupof customers to whom they want to sell their products and to whom the client have to focus on. In the hospitals business it is important that they are providing their services to the right market and also to the right people. Targeting plays a major role in this because all the business operations are decided on that basis only.
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Positioning Despite of different problems which the hospital clients have to face it but with this if they have made good strategies for making positioning in the market thentherearechancesthattheycangainthe goodwill. For the new establishments it is very important that they make the positioning of their business in a great way. This will be helpful for the client to differentiate their hospital with that of others as they will bring more people.
Skills, expertise and experience of the team Skills- Team work-When any of the construction project has to be made then at that time it is important to work as a team. But it requires that the team-member is having that skill to work in co-ordinated and co-operative way as the taskofworkingforaconstructionofhospitalisa difficult thing. Attention to detail-It is very important that the team member are having the skill of making attention to not only to big things but also to the small things.
Project B (Introducing new sports business) Business Problem- For establishing a business of sports clothes there are several problems which the client will have to face and that covers the increasing and changing demands of consumers. This is the main and the most problematic issue which has to be faced by the owners of a business. As the fashion is rising and with that fashion only the demands of consumers are also increasing.
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Competitor Analysis (Porter Five Forces) Threat of new entrants-The threat of new business in the apparel business is high as the cost of making investment is not high. It is very easy for the small business to make the entrance in a market as they can enter in small niche. Bargaining power of suppliers-The bargaining power of the suppliers in this is high as they reduce the prices of the raw material only to those companies which are taking it in bulk. But usually the availability of suppliers is large as buyers can make changes according to their preference.
Segmentation Segmentationistheprocessinwhichmarketis divided into several parts to form a group and in that group it covers all the people which are having similar characteristics. Fortheclientitwillbeimportanttomakethe analysis as to whom they have to chose which means there criteria of selecting the customers.
Targeting When the segmentation process is done by the client the other process is to target the right segment of customers. The reason for this is that in the segmentation process the owner will identify the best group with whom they have to target. It is important to reach to the customers at right time and at right way which will can be done with the help of targeting the customers in a right way.
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Positioning Positioning means to make the place of brand in the eyes of customers which is the most important and useful one. Asthecompetitionisatlargerscalesoitisvery importanttomakethecompanyproductsina differentiated manner. It can be the price by which they are positioning their products in the market because consumers will make the preference of that company only which are providing them the products at an affordable and reasonable prices.
Skills, Expertise of the team Skills- Communication skills-It is important that the team is having good communication skills because with that only they would be able to speak up their unique ideas. It is important that every team member is having this skill as without this it would be difficult for them to achieve the objectives. Creativity-This is also the most important skills which is requiredin ateamas creativitywillbethebest approach which will be useful to make the business differentiated.
Conclusion From the above report it can be concluded that it is important to have business consultant because they help the business in growing and increasing their potential. They do not focus on maintaining the business to be either small scale or medium scale business. They are helpful to business in making improvements in their performance and to increase their efficiency by providing them the best solution which will helpful in achieving their agenda. Business appoints the consultant because they want to have full knowledge about any specific market or either want to make some changes in the organisation.
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References De Haan, E., Donner, C. and Swaan, N., 2018.The consulting process as drama: learning from King Lear. Routledge. Ian, S., 2018.The Ultimate Route to Market: How Technology Professionals Can Work Successfully with Global Systems Integrators, Outsourcers and Consulting Firms. Routledge. Magalhaes, G. and Roseira, C., 2020. Open government data and the private sector: An empiricalviewonbusinessmodelsandvaluecreation.GovernmentInformation Quarterly.37(3). p.101248. Rengifurwarin, Z.A., Akib, H. and Salam, R., 2018. Snapshot of public service quality in the center for integrated business service (CIBS), cooperative micro small and mediumenterprises(CMSME),MalukuProvince,Indonesia.Journalof Entrepreneurship Education.21(3). pp.1-12.