Business Consulting Services for Fairfield School of Management
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Added on 2023/01/11
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This report provides business consulting services to Fairfield School of Management in regards to marketing and information technology. It discusses the client's business issues, requirements, and the combined skills, expertise, and experience of the consulting team.
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Contents INTRODUCTION...............................................................................................................................3 PROJECT A........................................................................................................................................3 Client’s business issue (Information Technology).............................................................................3 Client’s requirements and the combined skills, expertise and experience of the team.......................3 PROJECT B.........................................................................................................................................4 Client’s business issue (Marketing)...................................................................................................4 Client’s requirements and the combined skills, expertise and experience of the team.......................4 CONCLUSION....................................................................................................................................4 REFERENCES....................................................................................................................................6
INTRODUCTION A business consultant is someone who involved in the planning, monitoring, suggesting and implementing activities of a business (Aronoff and Ward, 2016). They basically work directly with the owner of business in order to initiating business planning after identifying marketing needs in order to developing necessary skills for business growth and developments. This report is based on Fairfield School of Management which is community based learning provider located in the heart of Croydon and a client company of business consultant team. This report is about to providing business consulting services to Fairfield SchoolofManagementin regards marketing and information technology. PROJECT A Client’s business issue (Information Technology) Fairfield School of Management is an independent, private higher education institution that offering a diverse and multicultural experience to its students. This institution developed its own presence by offering quality of educational services as vocational education for those with an entrepreneurial flair. Now the organisation facing numerous challenges and in between them one major challenge is new entrants as competition in the UK which is the target segment of the college. All these institution are enter in the market with same product portfolio as Fairfield School of Management have. Thus it can be a major threat for Fairfield School of Management because their competition can lead to their students. Therefore, now the institution seeking for some new options through which they can create own recognition as a leading college at global level. In this regard, senior management of them has decided to introduce same course through online learning in order to expand their market as well as to leave competition from UK. Now the another challenge in front of Fairfield School of Management is to enter into the new digital market segment as well as to identify which market segment have minimum barriers to entry and potential for maximum profitability. All these activities are required relevant market research and potential competitor analysis (Canziani and Tullar, 2017). Furthermore, an analysis of most suitable strategy to choose one specific option for market entry by implementing information technology. Client’s requirements and the combined skills, expertise and experience of the team Fairfield School of Management assessing one major business problem as the entrants of new competition in UK. Thus, the senior management of institution has decide to enter into the new market segment with the help of information technology instead of continuing competition within their existing market. In this regard, major requirement of Fairfield School of Management is to offer online studying or distance learning programme in the new market. Thus, they wants to enter into the new digital marketsegment. In this procedure, an expert advices can be helpful for them before
going into new business. The consultancy team comprises some skilled advisors who can provide advice to Fairfield School of Management that how they can implement digital strategy for their new offerings. These consultant are skilled and experienced in their profession which is information technology. Therefore, the team can review the issue of Fairfield School of Management and can provide them strategic direction. They can conduct market research programme in order to analyse number of competitors who are available in specific market. These kind of approaches can be helpful for Fairfield School of Management in order to gather appropriate data introducing their new distance and online learning programme. The team has expertise in the specific field which can fulfil the requirement of their client Fairfield School of Management. The consultant of the team can also help them in planning process for their new strategy so that new idea can be implemented by the institution in effective and efficient manner. PROJECT B Client’s business issue (Marketing) Fairfield School of Management is a leading institution in UK that provide a supportive learning experience to their students. They also provide skill development opportunity to learner’s who needs to progress into further study and employment. In order to attain maximum competitive advantages, firm want to increase their product portfolio and introduce in the upcoming academic year’s professional qualifications. For this process organisation has adequate internal capabilities but a major requirement is professionals in the specialist qualifications as ACCA or CIMA that may be adopted by them. Fairfield School of Management also wants to. introduce such professional courses because in the last couple of years there have been numerous new entrants who are entered in the market and that could be a major threat for the firm. In respect of introducing new professional courses major issue in front of firm is of getting proper market research report, some clear strategies to grow market awareness as well as increase student applications (Sheingate and Sheingate, 2016). Client’s requirements and the combined skills, expertise and experience of the team Fairfield School of Management is leading institution that wants to increase their product portfolio therefore they can implement some strategic marketing options by which they can create its awareness in the market. In this regard firm can take advice from consulting group because some of experts of the team are working in market research activities who can provide suggestion to them that how Fairfield School of Management can adopt and develop professional qualifications which are their competitors do not offer. Some team consultant are market expert who can suggest best promotional approaches to firm by which they can increase student’s application and can raise own professional image. Some skilled and experienced team members can also provide suggestion that how firm can enhance human resources and manpower for their professional courses.
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CONCLUSION From the above report it has been summarised that business consultancy is an advisory procedure in which experts provide different ideas after analysing issues and requirements of their client. These kind of consultant also assist in render some strategic direction to a business that can aid to desired targets easily. Thus, on timely basis each and every organisation have to consult with marketorbusinessexpertsinordertoimplementchangesintheirfirm.Theseconsultancy programmes are based on planning, monitoring, controlling and implementing practices in order to provide strategic direction to firm through which they can grab several opportunities.
REFERENCES Books & Journals Kim, M. J. and Chang, S. I., 2016. A Study on the Effect of Business Consulting Performance on Organizational Performance-Focusing on Moderating Effect by Organizational Support.Management & Information Systems Review. 35(2). pp.185-203. Aronoff, C. and Ward, J., 2016.Family business governance: Maximizing family and business potential. Springer. Canziani, B. and Tullar, W. L., 2017. Developing critical thinking through student consulting projects.Journal of Education for Business. 92(6). pp.271-279. Sheingate, A. and Sheingate, A. D., 2016.Building a business of politics: The rise of political consulting and the transformation of American democracy. Oxford University Press.