LSST Business Development: Consulting Report on Recruitment Issues

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Added on  2023/06/07

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Case Study
AI Summary
This case study examines the business consulting challenges faced by the London School of Science & Technology (LSST), focusing on issues within its IT department and overall recruitment saturation. The report provides a background of the client, LSST, highlighting its student population and the problems it encounters, including shifting market trends and HR management inefficiencies. Segmentation, target customer market analysis, SWOT analysis, and competitor analysis are employed to understand LSST's position. The report identifies key factors contributing to the client's problems, such as pandemic impacts and a lack of e-learning knowledge. A PEST analysis is used to analyze the external factors affecting LSST. Recommendations are offered to address recruitment issues and improve business operations, emphasizing the use of technology and marketing strategies. The conclusion underscores the importance of business consulting in enhancing organizational performance and competitiveness.
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Business Consulting
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Executive Summary
Business consulting is an important aspect which is used for providing professional and
expert advice which is used for understanding and managing things in effective manner. The
business consultant services which makes advise to be give in terms of managing their working
operations that increases productivity. Thus main role of business consultant is based upon
optimizing and improving overall business model. The report is based over various aspects
related to business consulting with the help of case study on London School of Science &
Technology.
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Table of Contents
Executive Summary.........................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Background of the Client ................................................................................................................1
Segmentation ...................................................................................................................................2
Target customer market ..................................................................................................................2
SWOT Analysis ..............................................................................................................................2
Competitor analysis ........................................................................................................................3
Positioning ......................................................................................................................................3
Factors that relates to client's problem ............................................................................................3
Use of PEST analysis to analyze three factors ................................................................................3
Recommendation ............................................................................................................................4
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................6
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INTRODUCTION
Business Consulting means those practices which is based over planning and
implementing of various aspects within education business. This is important for an individual
which is used for developing and understanding skills based over particular aspects related to
topic that relates with management studies. Also, it makes business activities improved more
effectively within an organization for making its goals and objectives achieved effectively. This
makes organization improve overall business model helping in making business grow. The report
is related over case study of London School of Science & Technology that makes understanding
attained about market. In this issues that relates with recruiting students has been discussed. The
problem relates with HR management functions and activities. Further, outline report is analyzed
over information of clients, problems that us faced and solutions regarding it.
MAIN BODY
Background of the Client
This is based over developing understanding about understanding and capabilities related
to particular subject matter which impacts various activities of business. Business consulting
relates with exercise that relates upon connecting with mass record related to particular topic or
subject which directly impacts organization's growth(Basnyat and et. al., 2020). LSST refer as
London School of Science and Technology that operates as private education provider upon
various topics that enhances knowledge and skills of an individual. The main client that has been
operating within business by offering various kinds of learning opportunities. This college has
around 4000 students and they are reading regularly for making improvement done over topics
related to learning and managing business activities. The student in such college has taken part
within various courses and programs helping upon managing business activities.
The LSST client has been facing issues regarding IT department like recruitment of
students which become highly saturated overtime(Biryukov and et. al., 2019). It has been facing
shift within market related to teaching methods that impacts business negatively. The human
resource management of LSST requires to resolve issue by increasing recruitment opportunities
for students and developing business activities. This is important for HR and IT department
which makes skills and abilities over purpose for recruiting best employees by using various
marketing methods that can help in providing information and management of activities.
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Segmentation
Segmentation is the enterprise version that's utilized by organisation to divide the market
into special phase for the motive of assembly goal audience(Alkathiri and Soliman, 2020). This
is critical for an corporation and enterprise to evaluation the market and preserve performance.
LLST has been used segmentation to divide its recruitment hassle into Geographic, demographic,
psycho graphic, and behavioural.
Geographic – LSST can perform its campus at a couple of places in which it is able to
attraction and evaluation the marketplace to offer statistics.
Demographic – LSST goes to cognizance on age and schooling guides with the intention
to assist to persuade wide variety of college students and push them to take entrance.
Psycho graphic – To solve recruitment issue client has been using distance learning with
different marketing method through IT that makes change of students mind and helps
upon supporting them towards knowledge gaining.
Target customer market
A goal marketplace is described as organization of clients who pick out their wants and
needs in marketplace then offer sort of merchandise and services(Konovalova and et. al., 2018).
This is vital for an company to pick out who's their foremost clients and the way they could
expand their commercial enterprise performance. In context to London School of Science &
Technology, centered clients is scholar among that age of 18 to 30 years old. The college
students who desires to expand their mastering and competencies desires to participate in
university that aid to construct their destiny career. LSST requires to conduct events online
within the time period of pandemic. Also, students are invited for completing higher secondary
studies. This made them more enhanced towards developing approach of getting admissions in
best business school.
SWOT Analysis
By accomplishing the SWOT of LSST, Strength is fine popularity withinside the outside
community, top length and shape of campus, and pleasant and secure surroundings for college
students(Pencarelli, 2020). The weak point are loss of pupil recruitment, that affected the
enterprise. The possibilities are use of advertising and marketing channel and digital studying
which could assist to draws the quantity of college students and assist to boom enterprise
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performance. The chance of LSST is price range crisis, improvement of every other college in
area. Also, SWOT analysis helps LSST to work upon various factors that is responsible for
impacting internal working. LSST through this tool is able to form better and effective strategies
that make employees and staff satisfaction created. SWOT analysis makes LSST develop strong
framework for making opportunities of learning created for students in tough times.
Competitor analysis
This may be defined as framework that's utilized by enterprise subject to function their
enterprise. The researcher has carried out the studies in which its states primary competition of
LSST are Transactor Global Solutions Limited, Luntstone Limited, and FSB. This makes LSST
to stay ahead of its competitors which makes innovative ideas of studies developed within the
mind of teacher in relation to the topic that has been started within the class. In the time of
pandemic competition analysis become important as it made futuristic growth plans developed
within the mind of management department of LSST.
Positioning
By growing quantity of college students and fixing HRM problem selected customer hold
better function with inside the schooling marketplace(Siyambalapitiya, Zhang and Liu, 2018).
Through positioning LSST is able to position its services of learning in such way that makes
quality of studies improved for college going students. Thus makes market position of LSST
improved which made it best educational institute within educational sector.
Factors that relates to client's problem
LSST is the customer faces problem of IT branch that the marketplace for hiring of
college students has emerge as saturated overtime. In this other issue is based over pandemic
which has impacted learning of students and business of LSST drastically. Another factors which
is related to problem is lack of knowledge about e-learning. Lack of skills become another issue
which was solved through conducting training and development program by HR department of
LSST.
Use of PEST analysis to analyze three factors
Doing PESTLE analysis, adjustments in authorities policies and pandemic trouble may be
create the hassle for LSST to hold its operations in training sector. Increase in inflation charge of
UK can can be difficult for college students to take entrance(Tang and et. al., 2018). By thinking
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about social factors, shopping for conduct of college students and those is converting that create
trouble of recruiting capability college students. The technological thing includes new generation
and innovation that could assist to steer humans and run commercial enterprise. The IT branch of
LSST makes use of technological thing via way of means of introducing new gaining knowledge
of approach and advertising channel, it may have an effect on the wide variety of college
students that could assist to perform a commercial enterprise and control the better performance.
By thinking about felony thing, all policies when it comes to fitness and safety, training, and
recruitment observed via way of means of instruct for enhancing college students gaining
knowledge of and dealing with activities.
Recommendation
To run and effectively operation of commercial enterprise is critical element through
handling and organizing the activities. A character who've properly information and
competencies approximately specific subject matter have become possibility to set their personal
commercial enterprise and preserve better performance(Yang and Weng, 2019). To remedy the
recruitment problem human aid control, HR control desires to apply new generation at the side
of IT branch wherein it is able to offer new gaining knowledge of techniques to their college
students that could draws and make decision. To prepare and control the running there's want to
have properly communication, recruitment, and trouble fixing competencies which can assist to
clear up issues in terms of LSST and helps to organizational development. Use of latest
generation and advertising is powerful supply of fixing problem this is dealing with through
business enterprise and decreasing productivity.
CONCLUSION
From the report it has been marked out that business consulting is that area of research
which makes information regarding particular topic and management aspects of business covered
more effectively. This makes business organize performance which is needed to be focused upon
resources and functions which makes accuracy of profit developed more effectively. Recruitment
of students is most important for running LSST in changing environment where IT department
and human resource management is used for communication, technique and managing of time
that creates support for business operations in order to make overall development of business
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organization. Further, it helps upon making competition to be faced with better strategies that
increases productivity of business.
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REFERENCES
Books and Journals
Alkathiri, N.A. and Soliman, M., 2020. Examining foreign direct investment determinants of
tourism industry in Oman and Egypt: The moderating role of investment
environment. International Journal of Finance & Economics.
Basnyat, S and et. al., 2020. Domestic Tourism in Nepal: Issues and Challenges. Tourism
Review International, 24(1), pp.37-49.
Biryukov, V.A and et. al., 2019. Formation of a tourism entrepreneurial environment in the
conditions of competition. Journal of Environmental Management & Tourism, 10(8
(40)), pp.1779-1784.
Konovalova, E.E and et. al., 2018. Forming approaches to strategic management and
development of tourism and hospitality industry in the regions. Journal of
Environmental Management & Tourism, 9(2 (26)), pp.241-247.
Pencarelli, T., 2020. The digital revolution in the travel and tourism industry. Information
Technology & Tourism, 22(3), pp.455-476.
Siyambalapitiya, J., Zhang, X. and Liu, X., 2018. Green human resource management: A
proposed model in the context of Sri Lanka’s tourism industry. Journal of cleaner
production, 201, pp.542-555.
Tang, C and et. al., 2018. Ecological security evaluations of the tourism industry in Ecological
Conservation Development Areas: A case study of Beijing's ECDA. Journal of Cleaner
Production, 197, pp.999-1010.
Yang, X. and Weng, G., 2019. A review of studies on tourism environment carrying
capacity. Tourism Tribune, 34(4), pp.96-105.
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