Global Professional Development

Added on - 21 Feb 2021

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Global ProfessionalDevelopment Consultancy
Table of ContentsINTRODUCTION...........................................................................................................................1SECTION A : ANALYSIS OF IMC'S STRATEGIC POSITION.................................................1TECHNIQUES TO ANALYSE..................................................................................................1Analysis of IMC's strategic position should include...................................................................2Issues to be addressed by IMC....................................................................................................4SECTION 2 : SUGGESTIONS FOR THE FIRM........................................................................4Based on the analysis, 3 recommendation are given with justification.....................................4SECTION 3: IMPLEMENTATION OF THE SUGGESTIONS................................................5Leadership style.........................................................................................................................5Communicating the vision of the firm........................................................................................6Leadership strategy and its impact..............................................................................................6SECTION 4 : CRITICAL REFLECTION......................................................................................7Gibbs Reflective Cycle...............................................................................................................7CONCLUSION...............................................................................................................................7REFERENCES................................................................................................................................9
INTRODUCTIONProfessional Development refers to the specialized training, formal education or advancedprofessional learning that is helpful for administrators and teachers in improving theirprofessional knowledge, effectiveness and competence skills. There are different approaches toprofessional development like consultation, lesson study, coaching, mentoring, technicalassistance etc. International Management Consulting firm helps the leading companies and socialsector organization in UK. The firm has 30+ years of experience in London. The report includesstrategic analysis of company's position that includes internal and external environment,leadership, culture in company. Suggestions were given to address issues that are identified,further the implementation of those recommendations(Barac and et.al., 2016).SECTION A : ANALYSIS OF IMC'S STRATEGIC POSITIONTECHNIQUES TO ANALYSEa) Internal Environment – SWOT ANALYSISSTRENGTHS : IMC has highly skilled employeeswho areprovided with the chance to leaddifferent operations and activities of the business. The company's geographic reach is wide as itis known across the world. IMChas good valuable culture andhas maintained good relationshipswith the top management executives of various companies that has given strong brand loyalty toIMC. The firm provides management and environmental consulting and research paperpublication etc.WEAKNESSES : IMC is facing high competition by large industry consultants. As the companywork globally, the business is influenced by government policies and fluctuations in currencyetc. The firm is not good at forecasting demand for the product and thus increases the daysinventory and raise the investment and thus effect the growth of IMC.OPPORTUNITIES : IMC can diversify its strategiesusing macro trends such that it can organisea campaign which is focusing on the health and well-being of its employees and can increasefocus on the local ethics and agenda such as accountability etc. Firm should develop newenvironmental policies and up grade its technologies and capture big market share(Coe, 2018).THREATS :The biggest threat is where no. of private sectors are working with public sectorswhich is increasing challenges for the company meanwhile increasing itscompetitors in themarket. The firm can be accused for not complying with various laws and fluctuations in thequality of products.1
b) External Environment – PESTLE ANALYSISPOLITICAL : The changing policies with the changing government has influence the operationsof IMCas it develops a lot more pressure on the leaders which does not let them think about thegrowth strategies for the company.The firm has to be prepared for this eventuality as it cancause changes in the priority sector. The company was benefited from the lower taxation policiesand thus let the company earn higher profits and spend in research.ECONOMICAL : The IMC performance is correlated to the economic stability of the country.IMC can access financial market so that the firm can expand globally. The increasing inflationrate has impacted the firm's consumers. The increasing liberalization of the trade policies willhelp IMC to invest into the areas that are off the limits of the company(Boshyk, 2016).SOCIAL : IMC, after liberalization the attitude towards health and safety is increasing, so thecompany needs to work on them. Gender roles are emerging in the world. IMC should supportthese changes as well as accept them. The firm should build a team that understands the socialnorms and attitudes of customers to that can be served in a better way.TECHNOLOGICAL : Research and Development investment in organization is raising. Thetechnology is updating at the higher pace. The firm should invest in the technologicaladvancements so to enable them to capture bigger market share. The technological innovation ischanging the supply chain model of IMC as it provides access to information to partners.LEGAL : The firm should be complying with all the health and safety norms in the country andthe environmental lawsthat has to be followed by the IMC. The most important one is dataprotection laws that the firm has to comply with as to be away from the privacy issues and alsointellectual property rights.ENVIRONMENTAL : Recycling is emerging as a norm than a good thing to do. Theenvironmental norms are also emerging at high pace as now the products are developed on thebasis of environmental standards . IMC can invest in renewable technology to enhanceknowledge(Evans and et.al., 2017).Analysis of IMC's strategic position should includeLeadership and communication:Leadership is the process of influencing, guiding,directing and creating right climateto reach thegoals and objectives of the organisation so that it can maximise its profits with maintaining itsreputation and also govern the consultancy to compete with others in the market.2
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