BM561 Business Consulting Report on London School of Science & Tech

This report provides a business consulting analysis of the London School of Science and Technology, a private education institute founded in 2003. It identifies challenges the institution faces, including increased competition for qualified staff and attracting talented individuals. The report utilizes Porter’s Five Forces to analyze the competitive environment, revealing a low bargaining power of suppliers, high bargaining power of customers, a high threat of new entrants, and significant competition among existing rivals. The STP model segments the student base by courses offered, targeting students seeking success in technology, management, and healthcare. A PEST analysis examines political, economic, social, and technological factors impacting the university, including government support for migrant student education and the influence of digital courses. The report concludes that universities must provide quality education, motivate students, examine their competitive environment, and update policies according to new trends.

Business consulting

Table of Contents
INTRODUCTION...........................................................................................................................2
MAIN BODY...................................................................................................................................3
Client Overview and Problems it is facing.............................................................................3
Porter’s Five Forces................................................................................................................4
STP.........................................................................................................................................5
PEST analysis.........................................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
INTRODUCTION
Higher education is considered as a sector in education industry where various

universities provide quality education and training to students. For providing outstanding
education to students it is very essential for universities or schools to employ qualified as well as
talented workforce who could put their maximum efforts in providing best knowledge to
them(Quispe Torre Torre and et. al., 2021). In the following report the institution which has been
taken is London School of science and technology which was founded in the year 2003 and is
based in London. This report mainly focus on detailed information about respective university
and issues it has been facing. Furthermore the report also contains explanation about competition
environment through executing Porter’s five forces and target audience of the selected university
has been analysed through stop model. This report also explain external environment of the
respective university by applying PEST model. Lastly from the application of these models some
problems has been identified that the university is experiencing.
MAIN BODY
Client Overview and Problems it is facing
London School of science and technology was established in the year 2003 and is a
private education institute (London School of Science and Technology, 2021). This university
offers several types of courses to its students which are related to health, it, business
management and social care sector. This university has several campus which includes prime
locations such as Birmingham, Luton and London. The head office of this private institute is
located in London slash Wembley. Every campus of this institute is supervised by Dean and
consist of administrative department along with academic staff who are responsible to deliver
quality education to the students. The respective institute follow the values which mainly
involves integrity, excellence, transparency, accountability and professionalism. This educational
institute has developed its new approach of learning that mainly focus on welcoming those
people who wants to pursue high quality education for their career. The respective university
practice learning environment and quality teaching which results in Academy qualification and
professional environment (London School of Science and Technology, 2021).
Vision
The vision of this private institute is too provide students a quality educational platform
which welcomes all the people from diverse background, aspiration and capabilities. The

institute follows these visions because it wants that all the students could meet there
achievement, learning and progression (London School of Science and Technology, 2021).
Mission
The main aim of this institute is to become a leading educational university which tries to
provide quality education to people and motivate them to learn while overcoming all their
barriers (London School of Science and Technology, 2021).
Problems London School of Science and Technology is facing
The main problem which the selected organization is experiencing consist of entrance of
various new institute in the market which has increased the pressure of recruiting qualified staff
in the institute so that quality education could be provided to students. This results in appointing
from decreasing group of qualified candidates, since applicants good search for jobs with other
institute in the same sector(Kancharla, 2021). The institute is facing main problem which
includes how to recruit qualified and talented professor who could deliver exceptional education.
Then another issue which is face by the institute is to how to attract talented people into higher
education with knowledge and skill along with how to create positive working environment. The
institute wants to achieve competitive advantage in the market by analysing working of other
institutes.
Porter’s Five Forces
Bargaining Power of Suppliers: This element of the model assist in explaining how
actions of various suppliers could influence business operations off companies. In case of
London School of science and technology, it has been observed that bargaining power of
suppliers is comparatively low because of the presence of large number of suppliers in the
market.
Bargaining Power of Customers: This component of the framework assist in
determining how behaviour and trading patterns of customers could impact on business functions
(Hoffer and Wieszt, 2018). In terms of selected institute, the bargaining power of customers is
high because students are the only one on which the functions of university depends upon.

Threat of New Entrants: This factor of the model helps companies in evaluating how
entry of new firm’s could influence their market position. In case of their respective
organization, the threat of new entrants is high because of increasing demand of high quality
education in the market which becomes motivating factor for entrepreneurs to establish new
universities.
Competition among existing rivals: This factor of the model assist in determining how
presence of present companies could impact on the market share of each other (Kilburg, 2019).
In context to respective university, presence of several competitors in the market such as
Kingsway teaching limited, South London College UK and many other could influence its
functions.
Threat of Substitute products: This component of the model assist companies in
determining how presence of secondary products could influence performance of there items. In
terms of respective organization, the threat of substitute product is low because students need
quality education which could not be replaced by any other substitute.
STP
Segmentation
In case of London School of science and technology, it is segmenting its student base on the
basis of courses offered by it. The university has designed its courses according to the needs of
students which could benefit them in career and provide them high quality education.
Target
The respective university is targeting those students who want to achieve success in their life by
pursuing quality education in technology, management in healthcare sector (Moni, 2019).
Positioning
In terms of the selected organization, it has been evaluated that through implementing

promotional activities on several online and offline platforms the firm has placed itself in strong
position.
PEST analysis
Political Factors: These components of the respective model are related to the rules and
regulations executed by government authorities of various countries which must be followed by
institutes. In terms of London School of Science and Technology, the government authorities of
the UK supports education of migrant students and motivate universities to give them proper
guidance. This further encourage the selected university to expand its support to provide quality
education for large number of students.
Economic Factors: These elements of the model helps companies in evaluating financial
situations that could impact their business functions (Cerruti, Tavoletti and Grieco, 2019). In
terms of the respective university, the employment of the nation is competitively high from other
countries which further provide it opportunity to employ people for its various courses.
Social Factors: These components of the model is utilised by companies to identify
different buying patterns and new market trends that could influence their position among
people. In case of the respective university, it has been evaluate that students mainly get
influenced by new educational trends such as digital courses which could divert their attention
from the respective University. It is very important for it to appoint skilful and knowledgeable
employees to provide quality education to students.
Technological Factors: These factors are related to advanced technologies which could
impact on business operations (Oliver Puerta, 2018). In case of selected University, it is focusing
on developing new technology by introducing online courses and offering subjects related to
technology sector.
CONCLUSION
From the above discussion it has been evaluated that universities are liable to provide quality
education to the students. The institute must be accountable to motivate students so that they
could enhance their knowledge and skills which could provide them success in professional life.
It has also been concluded that universities must examine their competitive environment so that
they could improve their weaknesses. It is also very essential for them to conduct macro-

environment evaluation so that they could update their policies according to new trends.
Furthermore, it could also be said that universities must examine their target audience in order to
provide them quality service.

REFERENCES
Books and Journals
Cerruti, C., Tavoletti, E. and Grieco, C., 2019. Management consulting: a review of fifty years of
scholarly research. Management Research Review.
Hoffer, I. and Wieszt, A., 2018. Application of the FAST diagram in model-building-the case of
family business consulting process.
Kancharla, M., 2021. Design Thinking in Consulting: How to Sustain Your Success in the IT
Consulting Space. Notion Press.
Kilburg, R.R., 2019. The anatomy of a longitudinal, embedded consulting and coaching
engagement: Case study and conceptual issues. Consulting Psychology Journal:
Practice and Research, 71(3), p.184.
Moni, P., 2019. SWOT analysis of PMTech Consulting Bangladesh.
Oliver Puerta, I., 2018. Pricing of consulting in Vaasa: Exploratory case studdy research.
Quispe Torre Torre, J. and et. al., 2021. Business consulting para la empresa Polindustria SA.
[Online]
London School of Science and Technology, 2021. Online Available Through:
<https://www.lsst.ac/>
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