Business Consulting for Regent College London: Identifying and Addressing Key Issues
Verified
Added on  2023/06/11
|7
|2070
|186
AI Summary
This report provides a detailed analysis of the issues faced by Regent College London, including increasing costs, limited faculty, and building brand image. The report offers recommendations to overcome these issues, such as conducting market research, hiring well-qualified faculty, and introducing marketing campaigns.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
BM561 Business Consulting
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TABLE OF CONTENT INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Clarify who your client is, and what is the problem they are facing...........................................3 Using research, breaking problem down and presenting areas of importance............................4 Analysing the top three issues that the regent college is facing..................................................5 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION All the consulting enterprises compriseprofessionalsthat provide various advices for the growth of the company. Further, present report is based on theRegent College London that is known as hub of excellence that provides the best quality education to the students and education support in various fields.Also, the study will explain detailed description of this college and also describe the problems that are currently faced by this university. Further, the research will help in critically break down the problem on the basis of various factors. Lastly, the study will explain aboutthetopthreeissuesthatisfacedbyRegentCollegeandwillprovidethebest recommendations for gaining success in the future. MAIN BODY Clarifying the client and there problem faced The current client is regent college situated in London and is known for delivering the best of services to the students that are aiming to achieve something better in the future. Moreover, the college is concern with the well-being and level of education that is been delivered to each student so that better brand image might be maintained in the market. Furthermore, the college is providing variety of courses that students might avail depending upon their choices and the future goals and objectives (Fulfill your potential with Regent College London,2022). In the current times when all the services are been provided digitally and there is little scope of traditional classrooms the college is struggling and facing the issue of making people aware about the course and attract more number of students to the college. However, it can be said that all the college facilities have been well-equipped with the latest technologies and efficient enough to deliver the best regent services digitally. Moreover,increased number of
competitionin UK market had shifted the college students to other universities thus decreasing the revenues for the college. Though the college is well-known among most of the people in the country in spite of it due to upcoming of various new colleges and new facilities option the market had been decreasedonthelargescale(Grubbs,2020).Moreover,throughincreasednumberof competition in the market students are more selective in choosing the colleges and university and mostly look for those areas where maximum opportunities might be gained in the future. Furthermore, work that is carried out in university is mostly digital so that all the services and resources might be made easily accessible to all the students. However, tocope up with the latest technologyevery-time is difficult for the regent college as there need to have availability of the funds on large scale so that latest technology and equipment’s might be installed at the workplace. Using research, breaking problem down and presenting areas of importance For the above problems that is been faced by regent college in recent times it can be said that it need to closely analyse the role of certain factors so that better solutions might be derived in the due course of time. Also, for problems of handling increased number of competition and use of technology these are some factors that need to be taken care by regent college Competitors:Regent college have number of competitors in the market such asBiola University in U.S.A , Calvin College in U.S.A,Grand Canyon University,Earlham College, TyndaleUniversity,LondonSchoolofTheologyandmuchmorethatfollowsvarious educational policies and systems so that students are able to get best out of it. However, to drive more students regent college need to ensure that detailed market research analysis is conducted in timely manner (Yang and Robinson, 2018). Thus, through such analysis various changes in current system education system and organizational structure might be made in the in well- defined manner. Furthermore, identifying the competitors move will also give idea to the cited college to devise the best strategies so that more students are interested in getting enrolled within the college.Moreover, in conducting complete analysis of competitors, regent college would be able to install new facilities within the college campus that will attract more number of students for advance learning. Target customer market:Another important factor that will help in improving the current problems of the regent college is analysing the target market so that based on that better
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
servicestothestudentsmightbeprovided(Rujira,NilsookandWannapiroon,2020.). Furthermore, with clear identification of market certain students’ needs and preferences might be met in best of manner. Moreover, to analysis target market the college need to conduct various surveys so that student’s needs, wants and interest in getting higher education qualifications are closely analysed. Thus, based on this regent college would introduce new streams of courses and also make necessary changes in the infrastructure if required to maintain competitive advantage for the longer time.Also, college could use the STP analysis so that it is able to segment, target and position its brand image and students in systematic manner in various targets markets. Political factors:In the recent times of the pandemic where most of the work was carried out online, most of the universities were forced to provide training and education to the students on the digital platforms and opt for virtual platforms. Hence, regent college need to closely analyse the ways in which educational materials and resources might be provided in most the easiest manner(Xie and Karan, 2019).Thus, having such type of factors also affects working of the college and also the professionals of regent college need to be made well ware before in advance to bring changes in teaching style and methods of delivering various lectures within the online classrooms. Analysing the top three issues that the regent college is facing Based on research and detail analysis it can be said that the current issues that are faced by the college might be overcome through undertaking systematic measures and creating more awarenesssothatgoodwillismaintainedwithinthetargetmarketforlongerduration. Furthermore, the three issues that have been analysed are as follows: Increasing cost:In current era where various digital facilities are coming up in market, regent college is facing problem of rise in the operating cost and increased college expense while working in various regions (Martini and et.al., 2021). Moreover, with increased cost the college is not able to fulfil certain requirements of the students in most effective manner in comparison to the competitors. Also, due to this reason there is impact on the learning environment too as students are not able to have additional benefits from college that is located in different regions. Although such issue of the firm would be overcome through finding the right amount of investors so that funds requirement needs might be fulfilled in the fastest manner. Also, it would help the college to build the strong relationship with the students so that potential students who wish to gain higher degree might be attracted towards the college for the same.
Limited faculty:It is also seen that regent college is one that is created for all the ages and mind of people and thus to fulfil certain educational needs of each students in various regions is creating problems for college currently due to limited availability of staff and well qualified teachers that are able to handle the virtual classrooms in the best possible manner (Sebastian and et.al., 2020).Furthermore, the total of the Academic staff in UK is approx. 150 in UK and Administrative staff is 189 which is quite limited with growing expectation of students to apply for various bachelor and master degree courses.Also, another major issue with cited collegeis hiring and retainingwell skilledprofessionalsasdemand greatersalariesand incentives form the college that might be difficult for the college especially after the times of the Covid when the earning was very less or minimum. However, this might be overcome through collecting internal references from other professionals who would provide the best faculty to college to deliver the highest degree of knowledge to diverse number of students in various parts. Buildingbrandimage:Fromtheoverallscenarioidentifieditcanbesaidthat maintaining the brand image of the college in various target market is another problem for the college as it requires lot of marketing and the brand awareness measures and this involves lot of fund for the same (JAIN, 2021). Moreover, the brand image once build have to be maintained to assure students that college is best in terms of excellence. However, with the virtual classrooms the feedback process is slow and hence the regent college is not able to identify the areas of improvement in faster manner. However, introduction of the marketing campaigns relating to the technology and other employment benefit after completion of the course would help the college to overcome the current brand image issue. CONCLUSION From above study it had been summarized that, role of business consulting is mainly to achieve certain client objectives in limited time frame and funds.Furthermore, the current study had describedabout working of the regent college and had also discussed the issues that are currently faced by university in carrying out several daily tasks in target markets.Moreover, the report had helped in addressing all problems and had also identified significant areas of so that the success might be achieved in best possible way in due course of time .Lastly, detail analysis of issues along with the best possible solutions to overcome such issues had also been described under this report in detail.
REFERENCES Books and Journals Grubbs, S. J., 2020. The American community college: History, policies and issues.Journal of Educational Administration and History.52(2). pp.193-210. JAIN, D. M., 2021. A Survey in Analysing Increased Business Profitability by Instagram. Journal of Contemporary Issues in Business and Government| Vol, 27(3). p.820. Martini, A. and et.al., 2021. Increasing College Going by Incentivizing Savings: Evidence from a Randomized Controlled Trial in Italy. Journal of Policy Analysis and Management. 40(3). pp.814-840. Rujira, T., Nilsook, P. and Wannapiroon, P., 2020. Synthesis of vocational education college transformation process toward high-performance digital organization. International Journal of Information and Education Technology. 10(11). pp.832-837. Sebastian, L. R. and et.al., 2020. Energy Audit and Management of a College. In Emerging Technologies for Sustainability (pp. 337-346). CRC Press. Xie, W. and Karan, K., 2019. Consumers’ privacy concern and privacy protection on social network sites in the era of big data: empirical evidence from college students.Journal of Interactive Advertising.19(3). pp.187-201. Yang, C. C. and Robinson, A., 2018. Not necessarily detrimental: Two social comparison orientations and their associations with social media use and college social adjustment. Computers in human behaviour. 84. pp.49-57. online FulfillyourpotentialwithRegentCollegeLondon.2022.[Online].Available through:<https://www.rcl.ac.uk/>.