Fairfield School of Business: Business Consulting Analysis Report

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Added on  2023/06/07

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This report provides a business consulting analysis for Fairfield School of Business, a UK university facing challenges in digital transformation and competitive positioning. The report identifies key issues such as recruiting qualified professors, motivating student admissions, and retaining staff and students. A SWOT analysis highlights strengths like diversity and attractive courses, weaknesses in digital course offerings, opportunities in developing new digital programs, and threats from competitors. The analysis covers external factors like political, economic, social, technological, environmental, and legal influences. The report emphasizes the need for efficient management, strategic decision-making, and strong decision-making skills to enhance the university's framework, improve practices, and achieve sustainable growth in the competitive business environment. Desklib offers a range of similar solved assignments and study resources for students.
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BUSINESS CONSULTING
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EXECUTIVE SUMMARY
The main purpose of this report is to find who the client is and what the real issues
which are faced by them are. There are several areas which are broken such as
competitors, target market and factors from the external environment and the top issues
which are faced by the organization.
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Table of Contents
EXECUTIVE SUMMARY.............................................................................................................1
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................5
Research the client...................................................................................................................5
SWOT analysis..........................................................................................................................7
Findings......................................................................................................................................7
Solid links...................................................................................................................................8
CONCLUSION...............................................................................................................................8
REFERENCES..............................................................................................................................9
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INTRODUCTION
The current report will explain the different issues and challenges which are faced by
the Fairfield School of Business which is one of the most popular universities in the UK
having a significant image in the UK industry. Fairfield School of Business promotes a
positive learning environment for the students where they can grow and enhance their
understanding of various topics and concepts which are necessary for their overall
personal and professional development. This report will show the different aspects
which have a major impact on the client, problems faced, competitors, target audience
etc.
MAIN BODY
Research the client
Brief background of the client
Fairfield School of Business is a popular university which is offering admission to the
students who are applying from all over over the world for admission. The main aim of
the business is to share good community with the students and enhance their learning
experience (Haapakorpi, 2021).
Identify the project of the client/ Problem they are facing
The business has been facing the problem to digitalize their courses and provide better
learning experience to the students. The inappropriate knowledge with the university
about these varied aspects is a major concern. This online learning platforms, use of
technology classes schedule is a bit complex which is arising these issues in the
business environment.
Competitors
Rivals
The major competitors of the Fairfield School of Business are London School of Theology,
London School of Science and Technology, Asbury Theological Seminary etc. which have a
good image among the students.
New entries
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Several new colleges have been opened in the UK market which are offering new and
attractive courses and fees structures to these students which have a negative influence
on the organization.
Buyer power
The buying power of the customers is high as they have many options to explore and
negotiate their terms with in the industry (Nissen and et.al., 2019).
Supplier power
There are different suppliers in the industry from which the business can purchase from
which weakens the bargaining power of the suppliers in the industry.
Substitutes
The digital courses and offers which are offered by several digital platforms in the
industry may be one of the major substitutes which can have a negative impact on the
success of the business in the industry.
Target customer market
Target
The parents of the students in UK are the major target market of the Fairfield School of
Business. The business will provide better services to the customers and increases the overall
productivity of the organization in the industry.
Segmentation
The students of different age groups are targeted by the Fairfield School of Business in
order to enhance diversity in their school. They are also targeting different communities and
experienced teachers for increasing the overall success of the business in the industry.
Positioning
Different digital marketing strategies will be adopting buy the business in order to
develop an effective image of the organization among the students (Mihailović,
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Radosavljević and Popović, 2021). This will be beneficial for the business to grow and
enhance their position in the UK market.
External factors
Political factors
The public funding and government policies of the UK government has a major impact
on the overall success of the business in the industry. Instability in the government
decisions has a major influence on the overall effectiveness of the business in the
industry.
Economic factors
The economic stability of the country has a significant influence on the overall
productivity of the organization. Changes in the monetary policies, fiscal policies etc.
often create difficulties for the business to operate in the industry successfully.
Social factors
The popularity of social media platforms has been a positive factor for the organization
to promote an effective image of their brand and develop better relationships with the
customers effectively.
Technological factors
The advancements in the technological tools and techniques have facilitated the
opportunities for the Fairfield School of Business adapt better digital tools and enhance
their success in industry (Cullen, 2018).
Environmental factors
The waste management and carbon footprint which is left by the business has a
significant impact on the business in the industry. These may have an influence on the
image of the organization in the industry.
Legal factors
Legislative rules and procedures may create restrictions for the business to operate
freely in the business environment which may have a negative impact on Fairfield
School of Business.
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SWOT analysis
Strengths
The diversity in the business environment is a major factor which is a major strength for
the business to attract more people towards their organization. Attractive courses for the
students and unique curriculum makes it an ideal place for the students to have a good
experience.
Weaknesses
The inability of the business to enhance their digital courses is a major weakness which
restricts its growth in the industry. It further has a negative influence on the overall
success of the organization to achieve better results.
Opportunities
Developing new and attractive digital courses for the students is a major opportunity
which can be beneficial for the business to gain competitive advantage in the business
environment (Hoover and et.al., 2021).
Threats
The competitors in the industry are one of the major threats which have a significant
impact on its success in the business environment.
Findings
Discuss the first issue
Recruiting highly professional professors in the university is one of the major issues for
the Fairfield School of Business which may have a negative influence on the organization. The
inefficiency of the client to find competent employees for completing the job is a major concern
for the business to complete their business practices effectively. This aspect may reduce the
popularity of the organization among the students as the teachers in an organization are one of
the most integral part which represents the quality of education facilities which are provided in
the university.
Discuss the second issue
Motivating the students to take admissions in the college is a major issue which may
arise in front of the business significantly. It may reduce the overall success of the
business to create better quality of output and achieve efficiency in enhancing their
quality of output in the business environment. This aspect can be a major aspect for the
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business to motivate their staff members as well as the students to take interest in the
organizational practices effectively. It is necessary for increasing the interest of these
key stakeholders to increase their contribution in the overall development of the
organization in the learning environment.
Discuss the third Issue
Retaining the staff members or the students in the Fairfield School of Business is a major
issues which increases the turnover ration of the business having a negative influence on their
success in the industry. It has a majorly negative impact on the effectiveness of the business
which is crucial for the business to grow and enhance their quality of output which requires
proper emphasis by the organization. Retention of these stakeholders is necessary for the
organization to gain maximum benefit in the industry.
Solid links
Fairfield School of Business needs an efficient management of different areas and factors which
are reducing the overall productivity of the business in the industry. The identification of these
key factors is necessary by the organization for preparing effective strategies. These strategies
are beneficial for the business to mitigate the negative impact of these businesses on the
organizational success. This aspect may have a significant impact on the overall success of the
business in the industry which is required by the business to grow and achieve better success in
the overall industry (Detwiler, Lara and von Son, 2018). Strong decision making skills are
required by the organization in order to manage their different business operations and gain
advantage in the industry. With the help of several aspects, the business will be able to grow
and attract more students towards their university. Several changes may be made by people in
the industry which will be helpful in increasing the overall success of the business in the
competitive environment.
CONCLUSION
It has been concluded by the above report that the business has been able to grow and
achieve better success by identifying their key issues which have a negative impact on
their success in the industry. Several changes are required by the organization in order
to enhance their organizational framework and develop better practices for improvement
in the industry. Sound decision making and management skills are needed by the
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business to organize their work and enhance their overall growth opportunities in the
business environment.
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REFERENCES
Books and journals
Cullen, K., 2018. Development of Security Risk Assessment in an IT and Business
Consulting and Outsourcing Company.
Detwiler, C., Lara, M. and von Son, G., 2018. 360 Destination Group Business
Consulting Report.
Haapakorpi, A., 2021. Freedom but insecurity: The business consulting profession in
the post-industrial service society. Nordic journal of working life studies, 11(1).
Hoover, M.R. and et.al., 2021. Leveraging management engineering and business
consulting for rapid response, mitigation and recovery during a
pandemic. Management in Healthcare, 6(1), pp.32-44.
Mihailović, B., Radosavljević, K. and Popović, V., 2021. BUSINESS CONSULTING AS
A FACTOR OF KNOWLEDGE IMPROVEMENT IN HUMAN RESOURCES
MANAGEMENT. KNOWLEDGE-International Journal, 47(1), pp.31-36.
Nissen, V. and et.al., 2019. On the current state of digital transformation in the German
market for business consulting. In Advances in Consulting Research (pp. 317-
339). Springer, Cham.
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