Business Strategy for Bain and Company: PESTEL Analysis, SWOT Analysis, Porter's Five Forces, Competitive Advantage, and Organisational Tactics

Business Strategy

Table of Contents
INTRODUCTION...........................................................................................................................3
PART-A...........................................................................................................................................3
Pestel Analysis.............................................................................................................................3
Porters five forces........................................................................................................................6
Competitive advantage................................................................................................................7
Organisational tactics...................................................................................................................8
PART- B..........................................................................................................................................8
Strategic directions available to the organisation........................................................................8
Recommendations........................................................................................................................9
Monitoring strategies.................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES................................................................................................................................1

INTRODUCTION
Strategic business atmosphere consists of an environment that is portrayed over circumstances in
an organisation. In order to move ahead with a strategic business atmosphere in the organisation
it is first necessary to engage into the objects that will simplify the prospect of the business
atmosphere. This can also be one of the formats where the development is initiated. The
integration of thought as well as ideas would eventually measure the strategic orientation that is
put forth with respect to the important that is garnered over a business criterion with the major
components that are inculcated (Grab and et.al, 2019). To acquire greater pace of development it
is always essential to identify the internal as well as external factors such that they can stand as
an orientation towards which one can eventually accept the flaws and can also get in the midst of
deriving their needs. This entire report will focus upon the objective methodology of strategic
orientation that is to build a probable formulation and a vision that is expected to be inherited.
This can also be a saviour in times where one might seriously not be able to deal with the
extravagant and can also move in terms of multidimensional strategic orientation. The
organisation that is chosen in this regard is Bain and company. This is known to be one of the
best consultation companies while dealing with the operations and also strategic orientation there
for a probable deriving factor in the marketplace would bring about successful results that are put
forth into operations. The entire purpose of development that is oriented with Bain and company
is highlighted in this report.
PART-A
Pestel Analysis
While dealing with the strategic business environment it is always necessary to go in terms of
variable choices that would pertain to the internal as well as external basis. The predominant
factors that are to be dealt on an internal and external basis will therefore have to be identified by
a consultation firm basically because it is not until when these are identified and nurtured that the
results will be extravagant. In this regard to deal with the external factors and to analyse the
prominence of external analysis the organisation Bain and company chooses Pestel analysis as
one of the tools to deal with the extravagance of external factors. The Pestel analysis stands for
political economic social technological environmental and legal factors that are known to be one
of those a barrier which of an act in terms of organisational upliftment. The evaluation of these
factors is as follows:

Political factors: political factors are regarded to be the most prominent out of which an event
shall mechanism that is brought forth with respect to regulations and rules that are enacted by the
government is highlighted. Since the organisation is put forth into operation in the United
Kingdom therefore it will have to undergo several regulations like that of abiding by the taxation
policies and the sudden change of government policies.
Economic factors: there are several economic factors that would obviously contribute towards
being the barriers for organisation. In this regard taxation and rate of exchange are also the
variable criteria that would often deal with the organisation policy. Since the company is a
consultation form for it to run on a safe and secured basis it will have to undergo several taxation
policies like that of minimal and major entities of organisational operation (Khaustova and et.al,
2020).
Social factors: several believes and the identifiable measures that are portrayed upon the
community and circumstances would often come under the social factors. These social factors of
the pace of the organisation because it is the businesses and the customers that are often
important for a consultation firm to be characterized. Dealing with the possibility of consultation
the ethical considerations would often fall in regard to the organisation and these formulations
will have to be developed on a strategic orientation such that the privacy of people will not go in
vain.
Technological factors: technologies for ever in the verge of development and therefore it is
always essential for the organisations to go in terms of profitable means by inculcating
technology. It is also one of the digital formats that helps several issues to be solved in the
society and therefore the presence of the company can be known to many people around. The
organisation Bain and company eventually deals with the mechanism that will help organisations
to maintain profitable standards and therefore in this regard its presence will have to be known to
people around (Straková and et.al, 2018). This can also be an added benefit and therefore the
organisation will have to nurture over technological factors by not just having them as barriers
but also the factors of growth.
Environmental factors: since the organisation is not into manufacturing or the product orientation
therefore there is no record of the damage that is created to environment. This is one of the
identifiable factors for the organisation upon stressing over dealing with the environmental
prospect by not getting subjected to issues related to it.