Business Consulting: Analyzing Issues at Fairfield School of Business

This business consulting report delves into the challenges faced by Fairfield School of Business, particularly focusing on recruitment issues impacting the institution's ability to offer new courses in accounting and finance management. Through a competitive analysis using Porter's Five Forces, the report identifies the school's position relative to new entrants, substitutes, customer bargaining power, supplier power, and competitive rivalry within the UK education market. An STP analysis further segments, targets, and positions the school to attract international students and maintain a competitive edge. Additionally, a PEST analysis evaluates the political, economic, social, and technological factors influencing the business. The report concludes by highlighting the main issues stemming from the lack of suitable employees, which affects the school's ability to deliver quality education and leverage supplier power effectively. Desklib provides access to this and other solved assignments for students.

Business Consulting

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Overview of Fairfield...................................................................................................................3
Issue — Recruitment of suitable employee.................................................................................3
Competitive analysis....................................................................................................................4
Porter five forces..........................................................................................................................4
STP analysis.................................................................................................................................5
Pest analysis.................................................................................................................................5
Main issues of the client..............................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
A business consulting determines the concept in which it provides a valid and well-
defined advise and suggestion to build a business at successful position. In every business
occupation they are required to keep the focus on the planning and designing of the management,
security, human resource and much more (Schmuck, 2020). In this report, will perform the issues
which is faced by the Fairfield school of business and will also provide the information about the
main issues and obstacles of the client by conducting the different analysis including
competitive, external and STP analysis.
MAIN BODY
Overview of Fairfield
The Fairfield school of business is providing the vocational educational courses to an
individual or learner which will makes them to graduate and entrepreneur in the future existence.
The school of business is located at the Croydon in London. Fairfield mainly focus on the
education of the people and their cultural environment so that they can experience better results.
The organization provided a service where the learner or students fee were paid by the
government sources or the student can also take the education loan for the betterment of their
future (Puente, and Schneider, 2020). The school business have the aim and purpose to provide
the effective education to the people so that they can be able to achieve a valid eligibility and
employability along wit the affordable amount.
Issue — Recruitment of suitable employee
The Fairfield educational business have their focus to provide the new course to the
people so that they can improve their knowledge effectively. The organization has decided to
implement and start their new courses by the next year definitely but the development of new
courses such as accounting and finance management they are dealing with an obstacle of
recruiting the employee for this particular purpose. A client has discussed that they are having an
issue while the recruitment as they are not able to find the suitable employee and workers for the
school business and provide the students a quality education (Semenova, and Dacenko, 2021).
The decrease of employee in the Fairfield is increasing of the competition in this industry which
is making them to lose their growth and development and suffering from difficulties to hire the
suitable employee for their business school.

Competitive analysis
Porter five forces
The porter five force model is a tool to analyse and recognize the competition n the
specific market which definitely helps them to grow their business in the effective manner. The
model helps to determine the strength and weakness of the rivalry organization and their unique
strategy from which an organization can understand and put their best efforts in the industry.
Applying this model the mentioned business Fairfield can be able to identify their competitive
organization in the market and can increase their productivity (Capuder, Sprčić, Zoričić, and
et.al., 2020). Regard to this concept, here performing a five force model to evaluate the Fairfield
competition.
New entrants : The first element is describing the concept in which the organization has a
competition of the new entrants or new launched organization in the market. In research, it has
been studied that people who launch their new business in any market have unique ideas related
to the business development which helps them to increase their growth in the market. The
Fairfield organization have a barrier of new entrants such as brand loyalty, cost structure,
government guidelines which makes the new organization to grow effectively. Along with this,
the new organization provides the new and effective services to the consumer so that they can
approach the maximum number of people in their school business.
Threat of substitute : The threat of substitution of the education company in the UK is
comparatively low from other business occupation. As the education occupation can only be
substituted by the online platforms where this function is not yet able to provide effective results.
Bargaining power of customer : Looking at the power of consumer then it has been ensured that
consumer have the high power of bargaining the cost and prices in the education courses. This
act has been done because the consumer have the variety of option such as online courses and
private institution.
Power of supplier : The power of supplier refers that organization keep the prices and cost of
the particular service and products higher from which they have the power to obtain more
economy and growth (Allen, Pearn, Villeneuve, and et.al., 2019). For example, considering the
Fairfield organization which is keeping their services and course price at the higher rates and no
other organization providing the similar facility like the Fairfield then the consumer have to take
the courses from the organization even at higher prices.

Competitive rivalry : The competition in the education business in the United Kingdom is
majorly high as nowadays there are rapid increase of new entrants in the market such as private
institution.
STP analysis
The STP analysis has been performed by the organization to understand and identity the effective
and different techniques to attract the consumer in highly manner.
Segmentation : The first factor is describing the segmentation which includes the demographics,
behavioural and such elements. The Fairfield organization focus on the international students and
providing the vocational courses geographically by the online platform and digital courses. They
provide the distance learning very effectively which makes them to grow.
Targeting Audience : The Fairfield organization target their potential consumers which is the
most profitable part of the businesses. They provide the education courses worldwide and mostly
getting the profit from the international students. The Fairfield focus and be aware of the cultural
environment for the student from which they are able to attract the more internation students in
their vocational organization.
Positioning : The final step is determining the position element where the Fairfield organization
can be able to balance and maintain their position in the market (Liu, Dang, Chen, Wu, and et.al.,
2018). The function which was adopted the school business by providing the effective services
and target audience the consumer will be able to obtain good results and also promote their
education business to each other which will makes the company position and reputation in the
definite manner.
Pest analysis
Pest analysis is a tool from which an organization can be able to evaluate the external
environment performance by which they can be able to grow and develop their business in the
effective manner. The term PEST consist of four sectors which includes political, economic,
social and technology which influences the particular business organization. Regard to this, the
school business Fairfield can also obtain and enhance their occupation by keeping the focus on
the pest factors and drive them to achieve a successful position in the business market. Let's
perform a pest analysis of Fairfield business below:

Political : The term political factor includes all the rules, laws and regulations under the
government. This function can influence positively and negatively both for the organization
growth. By following all the government implications with the accurate and definite manner
which will drive the company growth at successful position (Kamal, Bowman, and et.al., 2019).
It includes the different segments such as tax regulation, trade tariffs, conflict and fiscal policies.
On negative side, the school business mostly affected after the Brexit in the UK and introduced
new guidelines related to recruitment. Accordingly, the school business of Fairfield also can
improve their growth my maintaining the political functions.
Economic : The second factor analysis the economic function of the school business
organization which contributes their importance and efforts to give the success to the occupation.
Similarly, the mentioned school business is powerful for providing the education services more
effectively which increase the consumer scale but on the side decrease of economy will make
lower number of consumers to obtain masters education.
Social : The social factor include the demographic, health, media, education and more. The main
purpose of this social function is to provide the awareness of these mentioned function which
helps the company to grow and develop. The Fairfield school organization are required to
provide the healthy and diverse community to an individual which can affect them into excellent
result.
Technology: The technology includes the development of the innovations, information
technology, research development etc. The Fairfield business should provide and utilize the
different technologies in their business such as providing online course by which they will be
able to obtain higher growth and productivity (Muhammad, Khurram, and Muhammad, 2018).
In addition, it can be harmful as the online feature can increase the concern of cyber security.
Main issues of the client
 The Fairfield company is not obtaining the high loses due to lack of labour and employee
the organization and not able to provide the education of finance and accounting.
 The lack of employee availability is supporting the power of suppliers from which they
are trying to rise the effectiveness in the company and ensuring the employment in every
vocational courses.

CONCLUSION
The report has concluded the importance of business consulting. The various departments and
business advisors play an important and effective role on an individual organization. included the
different and major obstacle of the business school. The report has researched and analyses the
different tools and techniques for evaluating the school business issues, competition, external
environment.

REFERENCES
Books and Journals
Schmuck, R., 2020, November. The Quality Assurance of Strategic Management Consulting
Firms. In International Scientific Conference Strategic Management and Decision
Support Systems in Strategic Management.
Puente, I. and Schneider, B.R., 2020. Business and development: how organization, ownership
and networks matter. Review of International Political Economy.27(6).pp.1354-1377.
Semenova, L. and Dacenko, V., 2021. FEATURES OF MODERN MARKETING. Збірник
наукових праць ΛΌГOΣ.
Capuder, T., Sprčić, D.M., Zoričić, D. and et.al., 2020. Review of challenges and assessment of
electric vehicles integration policy goals: Integrated risk analysis
approach. International Journal of Electrical Power & Energy Systems.119.p.105894.
Allen, M., Pearn, K., Villeneuve, E., and et.al., 2019. Planning and providing acute stroke care in
England: the effect of planning footprint size. Frontiers in neurology.10.p.150.
Liu, Q., Dang, H., Chen, Z., Wu, and et.al., 2018. Genome-wide identification, expression, and
functional analysis of the sugar transporter gene family in cassava (Manihot
esculenta). International journal of molecular sciences.19(4).p.987.
Kamal, A.H., Bowman, B. and et.al., 2019. Identifying palliative care champions to promote
high‐quality care to those with serious illness. Journal of the American Geriatrics
Society.67(S2).pp.S461-S467.
Muhammad, U., Khurram, S. and Muhammad, S., 2018. International Business. PSU Research
Review.