Issues Faced by Fairfield School of Business: A Business Consulting Report
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This report discusses the issues faced by Fairfield School of Business and provides solutions to resolve them. It includes a PEST analysis, analysis of external surroundings, competitors, target market, and issues resolution.
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CW1 Research Report INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 Who the client is what problems they are facing -.................................................................1 PEST Analysis -.....................................................................................................................2 External surroundings -..........................................................................................................2 Competitors...........................................................................................................................2 Target market -.......................................................................................................................2
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INTRODUCTION A business consultant is anindividualist whooperatesintimately withconcerndirectors andownerstodevelops activityandratio. thisincludesassistingtodetermines,code, andcope uphindrancetoreachingabusiness aims.These personcanhelpinaboutanyrequirements businessmayhave. There areindividualconsultants thatprofessionalinparticular company, whereasothers take a morewidetheory.during particularservices vary,certainof the most basicones areexplainedin report.selectinga business consultant cangive various advantages to abusiness.variousof the mostcrucial considerstakingbenefitsof anexternalposition,using insight andexpertness picked up fromanother customersandbusiness,attaining assistance makingstrategyas well as thesourcestoproducethemoccursand more.In this report will cover the issues faced by the client while running business. MAIN BODY Business consulting services provide specialized expertise in business matters. Business consulting firms will work with clients, usually on a contractual basis, to determine ways to improve the client's business performance. Many business consulting firms specialize in one specific area of expertise, while others offer a much wider range of services. The size of a business consulting firm can range from one employee that operates locally to thousands of employees that operate globally. When selecting a business consulting firm, it is important for the client to consider the size of the organization as well as its core competencies. Who the client is what problems they are facing - Fairfield school is the business school which is located in London UK. It hasestablisheda secondlocation in Brigham. As per theschool studentsthe needspersonallyand business skillsto thrivein the dynamicsbusiness managementwhich theymight assist in improving Fairfieldlinksis an additionale learningexperienceof scholars and theefficiency of mentors and business details health and well being and social care. Some issues that are faced by an institution which is listed in below - 1.Lack of human resources- Fair-field school of business is striving to source appropriate applicants for the institution. One cause id raised rivalry and other explanation is they can’t inventthe appropriateemployedby the company in order to assess.If experimentation facultymembers presentlyemployedby theorganizationdon,tprovidetheir all, top level 1
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intellectual improvement can never by warrant. School of business is unable of developing can is enable of improving a rewarding scheme that encouragethem. 2.Positioning in the correctmarket segment-the abovediscussionmakes it clearthat there exist a lot of rivalry in this business. So school of business must not marked the total market with a impartially lower bio. Rather than must select one or two selling on the basis of the skills where they can designation in regards of instructor capability. 3.External surrounding-outsidedevicejust aspandemic are a adherein thisscene. There aretravelrestrictionson many countriesfromwhere scholarsutilizedto cometo study. These scholarsare unable to apply instantly.Due to instructors are now faced with the another issuesof creatingtheir classesmore involving to manageparticularare concern regarding their transparency and thus do not implied. PEST Analysis - It is the analysis that helps in understanding the external factors that impact the business - 1.Political factor-it is the factors included governing policies and other norms that impact business . in extent of fair-field schoolof business,its considerationmeasuresa variedof authoritypolicies andinitiativesthat mightimpact thebusiness economy. The UK government is a divided analyses pf higher education all of there ministry initiativessupport particularstoproceededucation.Thus thepoliticalclimateimpact is supportive while it imposes restrictions or various European scholars. 2.Economical factor-it includesthe factors likeclimatic changes andother effect the company. In relation of Fair-fieldschool of business,they must have totake care of economical factors that effect the climate and effect the business activity another factors . 3.Social factor-it includes the trends andpreferencesthat is liked by the users and others and ones that impact the business the company fair-field school of business they have to take care of students requirements andneeds . and also . the FSB mustanalysisand appreciate social elements to have a favorable influence on sources presently, people place a huge on educationalintegrationareprocessinghugeeducationand theinternationalscholarsfrom Britishcolleges is raising . 4.Technological factor-as technology is changing rapidly and alsoit includes thenew technology and smart technology that impacts the business operations also it effects the company activity. In extent offair-field school , they mustuse the new technology anduses 2
the social media ad smart technology to secure the data of the students that is mut not share with anyone easily. External surroundings - It is important to allcompany while e directlyor indirectlyattracts it.Yet manyof the time a company has restricted management over exterior situations when external components are affirmative they assist the company when they are in negative situation. It also carry up to the companyexactpolicyand activity to deal withexternal sources , thusan institution reasonshere isto attracts thestudents.Hence university contently practice and providesa quality services to the students as they have a good and brilliant teachers they have the good and new technology that impresses the students or help them to get more knowledge. The fair- field has a goodopportunities to makea good future as they providea better options of placements. competitors - It is the aim of the school is to finish with all of them one of the major aim is to address is competitors . rivals of the companiesarein the industrythat offers thesimilaruser baseor sell nearly determined services. Rivals is an principle the business of conducting business for ownersof all the sizes.It is ancrucialpart ofthe business surroundingsand it uscertain timesthought to beinescapable . rivalscan offer assurance whenusers come backto that company rather than presence of some other business of the similar kind. Rivals can assist the business to growof thebrand valueby usersin order to grow the business in other nations. There are few competitors like Brently school of science and management and many other they all are counted intop brand of institutions in UK and other nations. The competitors name are listed inprevious discussion they give competition to the Fair-fielduniversity as they are providing avaried courses that are trendingand also they are located at prime location. Those universities provides some other facilities like hostel and andcanteenservicesthey provides thequality food inthatcanteen. Thesecompetitorsbrandhave thegood and brilliant professors that give thegood advice andknowledge to thestudents that makes their future more bright. 3
Target market - As been discussed and analysis of rivalry must target users from different segments. Due to the huge and nobody can reach all this due to nobody can reach this designation easily it is crucial to target the accurateusers. In this situationcompanymake decisionson the basis of their own capability andweak points as well asthe actionsof competitors . institutions is located in the London where there are various young ones excited to process higher education also year by year students come to proceed higher education. FSB outcomes both regional and international students for completing there education from the institution . they are specifically involved in international scholars and their guardians as a outcome they requires agents from Asia and Africa FSB match the participationof expertise andadvanced educators , teaching students andacademics.For brand target audience are thestudents from global regionbut majorly the students that go across the border to havea professionalgrowth they target the students that are looking forcompletingfurther studiesplan out of there country like In Asiatic region most of the studentsafter completing thereschooling they plantoaccomplish further studies from top rateduniversity in UK and many other places. Issues resolution - The company and institution must use the smart technology to reach the new students and influence them to have a studies from them and also they must offer the super offer through the social media. They uses the various tactics to reach the students also they uses an instruments andtechnique tobe connected with theparents . Theyprovidesan expertiseand other teachers that givesa proper convectiontoscholars sothat they cabget a good remarks and results . This increases the confidencewith inthe students to present themselves.The issues facedwhile running is listed inabove but among all of them business have faced a issue of positioning brand in appropriate market segment it states that brand has an issue in segmenting market in an accurate manner they have not a proper analysis of the marketplace also it faces issue in understandingclients taste and preferences as inuniversity they havetounderstand the needs and wants of the students so this is an big issues for company to resolve. In order to resolve this major issue they have to understand the mindset of the clients and according to that they must divide them and suggest them offers so that they get attracted towards the brand and plan to join school. 4
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CONCLUSION It is concluded from above report thatBusiness consulting is a very rewarding career that can help take businesses to the next level. Consultants have specific experiences that assist businesses code and cope up issues they face in contacting company goals. In instance to the education and expertness they can have , powerful business consulting software can make you an even more priceless asset. Learn more about how institution can gather with there current tools and enhance management consulting concern with a free practices . References: Books and Journals Nissen,V.andSeifert,H.,2018.Digitaltransformationinbusinessconsulting—statusquoinGermany. InDigital Transformation of the Consulting Industry(pp.153-190).Springer,Cham. Asadi,A.,2022.Theroleofthemindsetsofsmallbusinessownersinusingbusinessconsulting services.Journal of the International Council for Small Business,pp.1-12. Alza,B.A.B.,Risco,C.E.A.,Graus,E.L.R.andMoreno,J.N.C.,2021.Business Consulting-Cía. De Minas Buenaventura SAA Unidad Uchucchacua(Doctoraldissertation,PontificiaUniversidadCatolicadelPeru- CENTRUMCatolica(Peru)). Song,G.E.,You,Y.Y.andLee,K.H.,2018.TheInfluenceofthePurchasingFactorsofProfessionalServices onPurchasingSatisfaction:BasedontheSupplyChoicesofSmall/MediumManagementConsulting Companies.Indian Journal of Public Health Research & Development,9(8). Hoof,F.,2020.Angels of efficiency: A media history of consulting.OxfordUniversityPress,USA. Arndt,K.,Wegener,G.,Koval,N.,Hill,K.andPetersen,H.,2022.CollegeofBusinessHonorsAcademyNelnet ConsultingProject. Cerruti,C.,Tavoletti,E.andGrieco,C.,2019.Managementconsulting:areviewoffiftyyearsofscholarly research.Management Research Review. 5