Business Consulting Research Report for LSST and FSB

BM561 Business Consulting

Table of Contents
Introduction.................................................................................................................................................3
Main Body...................................................................................................................................................3
1. Clarify who your client is, and what is the problem they are facing....................................................3
Client 1: LSST London School of Science and Technology........................................................................3
2. Using research, break the problem down by critically analyzing and presenting areas of importance
to the client such as competitors, target customer market and influencing factors from the external
environment.................................................................................................................................................4
Client 1 : LSST London School of Science and Technology.......................................................................4
3. From your above analysis, what are the top three issues that the client is facing?...............................6
Client 1 : LSST London School of Science and Technology.......................................................................6
Conclusion...................................................................................................................................................7
References...................................................................................................................................................8

Introduction
In this fasting running world, competition is taking a wider place so in that situation,
business consulting requirement improve effectiveness. Basically business consulting is helpful
to detect the problems and solving the existing problems which are experiencing by the
organization. Through business consultants, companies can protect from the threats, provide
innovative ideas in order to improve their performance and productivity level (Anbarasan, 2018).
This report is based on the two organizations like London School of Science and Technology and
Fairfield School of Business, both colleges situated in United Kingdom and providing good
effective knowledge to their students. The prime motive of this report is to identify the problems
which are facing by these clients, determine the influence of the external environment factors.
Moreover, this report will analyze top 3 issues which are experiencing by both clients.
Main Body
1. Clarify who your client is, and what is the problem they are facing
There are two clients are involved in this report which are facing some specific problems
that are discussed below -
Client 1: LSST London School of Science and Technology
LSST university is a private college founded in 2003, this college offering various
courses related with the management, IT, computing , business and social care. The main
concern of this college is to improve the strength of the students so that college can earn more
revenue. In this time, LSST is facing problem is their HR department. The main problem
employee’s retention, because of covid-19 pandemic, the situation of the education sector disturb
a lot. After the pandemic situation, the financial system of college and other institutions became
low so employee retention problem occurred because employees want high salary but because of
financial situations colleges are not able to pay more money to their staff. Employee turnover
rate is increasing day by day that is affecting the performance of the college (Anwar and
et.al.,2020).