Business Consulting Report: Analysis of LSST Institute Problems

This business consulting report examines the challenges faced by LSST Institute, a technology and teaching school in England. The report begins with an introduction to business consulting and client management, followed by an analysis of LSST's current situation. The main body of the report clarifies the client's identity and the problems they face, including safety standards and government guidelines. It then delves into a detailed analysis of the external environment using the PESTLE framework, assessing political, economic, social, technological, legal, and environmental factors. The report also applies Porter's Five Forces to analyze competition and examines market segmentation to understand LSST's target market. Finally, the report identifies the top three issues LSST is facing: economic crisis due to the global pandemic, intense market competition, and the impact of political changes related to Brexit. The report concludes by emphasizing the need for LSST to be adaptable and assertive in order to overcome these challenges.

Business Consulting

Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
1. Clarify who your client is, and what is the problem they are facing?..................................................3
2. Using research, break the problem down by critically analysing and presenting areas of importance
to the client such as competitors, target customer market and influencing factors from the external
environment.............................................................................................................................................3
3. From your above analysis, what are the top three issues that the client is facing?...............................6
CONCLUSION...........................................................................................................................................7
REFERENCES............................................................................................................................................8

INTRODUCTION
Business consulting and client management is a concept that facilitates essential assistance to the
business enterprises with a detailed analysis and evaluation of the existing customer
environment. Business consulting provides the appropriate guidance to the firms in order to lead
their reforms and alteration in the current line of strategies so as to meet the requirements of the
market in a more advanced and sustainable manner (Benazic, 2021). The proposed project report
provides a detailed discussion about the client institute LSST and the issues and challenges faced
by the same within the market. It also critically assesses the significant factors that impact upon
the profitability and performance of the institute such as target market, external forces,
competition etc. The major objective of the report is to highlight three prominent issues or
challenges faced by the institute.
MAIN BODY
1. Clarify who your client is, and what is the problem they are facing?
LSST is a prior academy which is formally formerly Lincoln school of science and technology is
a co-educational partially academic school teaching school which is situated in England. It is
specialise in technology and teaching which is leading member of priory federation of
academics. It is one of most subscribed schools in England which is a largest school single site in
Nations and other popular kind of country it is only school which is UK based in on digital
planetarium (Quispe Torre Torre, et.al, 2021). This institute is facing severe management issues
relating to maintaining the safety standards and guidelines set by the government as well.
2. Using research, break the problem down by critically analysing and presenting areas of
importance to the client such as competitors, target customer market and influencing factors from
the external environment.
Analysis of External Environment
In order to gain insights about the existing external environment of LSST, Pestle framework will
be taken into consideration. The respective framework assists in the identification of potential
factors in the external environment that can impose severe implications on the business
functioning of LSST.

 Political
The prevailing immigration restriction within the United Kingdom is impacting upon the
employee retention of LSST as well as other institute within the respective industry (Simões,
2020) . The institute have also make sure to follow their specific rules and regulation on various
nations related to tax are to be paid by employment rules and other aspects.
 Economical
The current market situation reflects that the global economy is facing extreme recession. In
United Kingdom, the economic environment is suffering due lack of stability with the business
domain. It is one of most essential factor for this institute has to be economically practicable for
their students and teachers. This has also increasing inflation for an excess tax in respective
market and has a good return of Investments.
 Social
It does also determine their environment of sector culture, population demographics and physical
advancement of technology for all nations. Hence, the institute is required to capitalise upon a
mega-variety of services in order to satisfy the students and meet up to the ongoing trend within
the sector in a more successful manner.
 Technological
In institute for science and technology, the role of technology is quite vital and significant for the
organisation. The existence of high-tech advancements and latest technology helps to increase
operational efficiency to the maximum which in turn helps to enhance the visitors satisfaction
(Tarnanen,, 2021). The school is required to optimise upon the upgraded technical advancement
within its operations so as to enhance its overall efficiency and productivity to a greater extent
 Legal
The need and requirement for the incorporation of health and safety laws and legislations issued
by the governing legal body has increased a lot lately. The reason for the same can be stated as
the existing pandemic situation and the need for the institute to incorporate appropriate health
and safety measures in order to reduce the chances of virus spread.

 Environmental
The need for involvement in environmental initiatives and sustainable operations helps to create
a positive and impactful image of the institute within the sector environment. This would be
directly impacted there institute environment where less materials are required used in all aspects
of learning and make sure that their impact on the environment are minimised the lowest level.
Analysis of Competition
In order to analyse and interpret the degree of competition faced by LSST, Porters five forces
framework can be applied to the business practises of the institute.
 The entrance of new institute within the education sector of the United Kingdom is very
easy as the entry barriers are very low within the concerned industry. Hence, LSST needs
to showcase its top game in the industry so as to reduce the implications and threats led
by new education or institute sector in the market.
 Suppliers can demand high margins for their services from the education sector. This can
impact upon the profit margins facilitate by the institute (Adelakun, 2020). In context to
LSST, the availability of suppliers is very high for the company because supply is high in
institute technology demand is high. It is a popular institute within UK and has the
suitable networking and communication with various potential suppliers.
 The bargaining capability of customers can impose complications for the profitability of
education sector. There is also a possibility that customers switch on to another institute
of background and environment is not good in this institute of technology that is
providing reasonable.
 It is very essential for the institute that they should provide a wide variety of services to
the clients line-up. The inability of the customers to find the appropriate preferences can
lead the customers to capitalise upon substitute goods and services.
 Various competitors are in this institute which can directly impact which are numerous
position and equal in size education sector will be growth is low if competitors and
rivalries are highly committed to their sectors. They have a different goals diverse
approaches or dissimilar competing lack of a familiarity with one another.

Analysis of market segment
Analysis of Marketing segmentation is one of analysis which helps organisation to Segment total
market and target a specific group and create positioning in minds of customers (Campos Longa,
et.al, 2021). It provides clarity to organisation as they prepare marketing strategies in accordance
with their target market. It helps LSST organisation to attract mor customer and reduce risk in
their operation. It also helps business to effectively serve their customers by dividing them in
small groups. It also increases efficiency of organisation to satisfy customers needs and
preference. LSST also segments its market in order leverage from the advantages associated
with the same. The market segmentation for organisation of LSST company are as follows:
 Segmentation: Segmentation refers to a process of dividing total market into small
segment on basis of demographic factors, behavioural factors, geographic factors. LSST
organisation is dividing customers on basis of educational level.
 Targeting: Targeting refers to a process which helps enterprise to focus on particular
group of customers. LSST organisation is targeting on basis on concentrate targeting as
company is focusing on people who are graduating of taking education.
 Positioning: Positioning is process of creating a distinct image for organisation and its
products. It helps LSST to differentiate their products and service form those of
competitors. Company is creating distinct image in terms of technology and innovation.
3. From your above analysis, what are the top three issues that the client is facing?
From the above conducted assessment, it can be stated that there are several complications and
challenges experienced LSST currently within its market domain. The respective challenges are
serving restrictions for the company to facilitate their operation in a smooth and effective
manner. The three most impactful and serious issues faced by the company within the current
market scenario are mentioned below:
 Due to global pandemic country is facing economic crisis which create negative impact
on purchasing power of people. This affect sales of company and also create negative
impact on revenue of organisation.
 There are various market player working in this industry. This create problems for
company as their market share is divided among various market players. LSST company

is facing huge competition in market and does not effective marketing strategies to
overcome of this competition.
 Political market of UK is also creating problems for business as due to changes in rules
and regulation of government due to Brexit company need to face various issues in
market of UK.
CONCLUSION
From the above discussion, it can be evaluated that delivers market position has been impacted
due to economic crisis. The unpredictable business environment of United Kingdom can emerge
as a prominent challenge for the functioning of enterprise within its concerned industry. The
respective company is required to be highly adaptable, flexible and assertive in order to
overcome these challenges in an effective manner.

REFERENCES
Books and Journal
Benazic, D., 2021. THE ROLE OF SERVICE QUALITY IN SELECTING BUSINESS
CONSULTING PROVIDERS. Economic and Social Development: Book of Proceedings, pp.24-
32.
Quispe Torre Torre, et.al, 2021. Business consulting para la empresa Polindustria SA.
Campos Longa, et.al, 2021. Business Consulting-J&W Cía. SA.
Tarnanen, E., 2021. PERCEPTION AND CHARACTERISTICS OF SOLUTIONS IN
BUSINESS CONSULTING.
Woźniak, M., 2021. Sustainable Approach in IT Project Management—Methodology Choice vs.
Client Satisfaction. Sustainability, 13(3), p.1466.
Simões, E.N., 2020. A decision support system application module-for PESTLE analysis-
competitive intelligence algorithm (Doctoral dissertation).
Adelakun, A., 2020. Should Porters Five Forces have value in Businesses today. Computing for
Business (BSC) Aston University Birmingham.