Business Consulting Report: LSST College Online Market Analysis

This business consulting report focuses on the London School of Science and Technology (LSST) and its challenges in entering the online education market. The report analyzes LSST's current situation, target clients (working professionals seeking online courses), and the competitive landscape. It identifies key issues such as increased competition, new entrants, and customer concerns regarding course authenticity and affordability. The report employs STP analysis (segmentation, targeting, and positioning) and Porter's Five Forces to assess the external environment. It highlights the importance of business consulting in providing strategic guidance and solutions for LSST to achieve its goals. The report concludes by summarizing the key issues and offering recommendations for LSST to navigate the competitive online education market and enhance its market presence.

Business Consulting.

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Clarify about the who are the clients and what is actual problem is facing by LSST college?
................................................................................................................................................1
2. Using the research to better critically analysing and presenting areas and importance of
client such as competitors, target customer and influence factor of external environment.. .2
Porter Five Forces Analysis:............................................................................................................4
3. From above analysis what are three issues which clients are facing..................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Business consulting provides proper management of improvising to help organisations on
their performance and efficiency. The professionals role as business consultant is to analyse the
business and scrutinize challenges and opportunities as well as create solutions while also
helping companies to meet their goals effectively (Pang, He and Cai, 2019) . As it is important
for every organisation to having a business consultant because there is a need of guidance in
terms of investment with other venture or time introducing new products and services in market
and so on consult and getting valuable information reach potential customer and joining more
scope of profitability. This report is basically on LSST which is London School o Science and
Technology which was founded in 2003 by Mr. Sayed Zaid. It is one of highest college that enrol
4000 students on business and management. The discuss about their problem in new market to
enter and also facing by them is there not finding any proper solution how they enter into new
market as there is more competitive rivalry create barrier. The topics are highlighted on the basis
of external environment facing problem new market as well as issues identification of business
consulting.
MAIN BODY
Clarify about the who are the clients and what is actual problem is facing by LSST college?
In the situation of business consultancy as it is focus on major issues of organisation what
they are actually facing and what are the outcomes that can be generated to reduce all those
uncertainty that prevails organisation growth in competitive Marketplace. LSST offers a quality
learning and teaching. Currently, LSST offers qualifications at levels 3,4,5 and 6. The principal
vision at LSST is to support students of all backgrounds and nurture their abilities to fulfil their
aspirations. The main mission at LSST is to be recognized as a leading provider of further and
higher education. LSST objectives are developing and delivering academic and professional
qualifications at all levels, as well as to adopt best practices in leadership.. In perspective of
London School of Science and Technology they are facing certain issues in which they need a
business consultant to produce all those factors at the time of entering into new market.
Issues which London School of Science and Technology College faces:
The actual problem which their faces is last couple of years the market has been flooded by
entering of various competitive companies to the similar point of market and suddenly market
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becomes more competitive because of influence companies are competing with their product and
services effectively. The project of London School of Science and Technology College is having
the project B online learning and market presence wants to enter into online business activities to
provide classes and other educational credentials to students through online activities.
Target clients
As their target clients or audience are students who are over 18 years old and those who are work
and want to attend online sessions. London School of Science and Technology College also
focusing on undergraduate and postgraduate students who are well aware of spoken English and
who did not have enough time to attend offline courses (Campbell and Randhawa, 2019). From
this advantage they are providing some quality time online classes which it would prevent it
more positive outcomes and effectiveness easily attend online market classes. In simple terms
London School of Science and Technology college majorly determines to peoples who are
working in some organisation and they want some extra opportunity to find better job on
placement but they do not have enough time period to attend other classes and the college team
is providing then overall opportunity in their own choices of education professional field.
2. Using the research to better critically analysing and presenting areas and importance of client
such as competitors, target customer and influence factor of external environment.
Importance of business Consulting in any specific segment of business are:
in business expert provides Advisors acylation regarding with integration of problem office's
owner and management staff to identify the actual issues they are facing in causing damages to
the company. For implementing strategy and process of earning revenue brand development is
important that rectify certain opportunities that company can revoke problems easily.
After formulating strategy is the second phase where actually follows of the business advisor
find solutions and convert them into plans to gaining more opportunities to work business
outcomes.
Final stages follow up the strategy and make understand to employees as well as pros and cons
on which they can contribute the skills and knowledge to attend the task systematic manner. The
business consultant should have the ability to speak up on essential changes that will work on
interest of financial growth of company. The owner should be open minded and receive feedback
from the consultant in terms of positive as well as negative that will provide the actual Fact and
figure how is the company as well as the staff members are performing and practical situation.
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To identify environment factors and influence using of STP analysis and Porter 5 forces in
context of London School of Science and Technology College.
STP Analysis:
STP involves analysing which are the group of exist of market on which customer segment are
highlighted and focused for their best product provide satisfaction. By adding into STP
marketing focus and commercial effectiveness to selecting the most valuable segment for
business that would improvising the market mix and the product positioning strategy for
different segment. In following there is STP analysis for London School of Science and
Technology College to address their problem in competitive market along with their project B
plan:
 Segmentation: it is a process that is related on certain parameters yash's behaviour
demographic etc. On the basis of market segmentation that helps to define and understand
the target audience as well as potential customers who can buy their products and
services. In situation of London School of Science and Technology College segmentation
framing as their focus on student over 18 years old along with undergraduate sports
casuals and those who are well aware about spoken English (Tarnanen,, 2021) . As the
London School of Science and Technology e college online courses are low financial
resources where they can target customer to demographic factors like age Gender and
nationalities.
 Targeting: this usually refer to specific group of people who are most likely to want to
buy the services of product. As the London School of Science and Technology College is
majorly target to those people who are professionally working in some organisation and
want to learn some new opportunity for Pata jobs and enhance their skills and knowledge
from some that fit online courses as per their own choices of field.
 Positioning: the Spectre refers to activity of building and image of product and services
in customer mind. In perspective of London School of Science and Technology syllabus
professional qualification of mentors and teachers at all level off within United Kingdom.
In which day and roll qualified lecturer to offer a good education to their students.
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Porter Five Forces Analysis:
This method is a Framework for analyzation about competition in business along with what are
the behaviours of customers and suppliers in terms of bargaining five forces of competitive
intensity attractiveness of industry in terms of profitability. In context of London School of
Science and Technology College Porter five forces is determine about new project plan which
they want to come through online market quotes classes in new market. What are the challenges
which need to focus on:
 Competition in the industry: first of the five forces refers to the numbers of competitors
and their ability to undercut company as a large number of computers are along with
similar market where the produce product and services to better than other company offer
to customer. Similarly the situation for London School of Science and Technology
College they have high intensity of competition as many other Universities and schools
are providing online classes with multiple courses which create numerous competitive
intensity. Therefore there is a high competition in market that charges high prices to set
terms to deal achieve higher sales and profit.
 Threat of new entrants: A company power is also influenced by the force of you
entered into market with less time and money it cause a computer enter and effective
competitive in terms of position could be significant (Cerruti, Tavoletti and Grieco.,
2019). London School of Science and Technology College there is a high threat of new
entrants because past couple of years numerous Universities and colleges are entered in
to online market where they provide various courses and it creates more competition in
market.
 Power of suppliers: is the power of suppliers of London School of Science and
Technology college is low because there is high intensity of competitiveness. Services
which colleges are provided through online platforms including fees charges and internet
access.
 Power off customer: there is a moderate power of customer in terms of of London
School of Science and Technology provide online courses because they are offering in a
low financial resources and others are charging premium prices where customer might bi
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shift into to London School of Science and Technology online courses as per their
satisfaction level.
 Threat of substitute: For London School of Science and Technology they have low
threat of substitute because there are only providing online market courses classes two
students and people who are working on professional Sector want to learn some new
opportunities.
3. From above analysis what are three issues which clients are facing.
Issues which client are facing issues from above to question that:
 They are not clear about the objective and facing issues to making decisions on what
courses they can pursue that will benefit for their career as well as professional
development.
 There are many online courses provided by different organisations and students who
are referred client two companies who are focusing on there better positive
outcomes. In that the get confused of opting which company is course that would
authentic and quality online services to generate opportunity in jobs and other
education sector
 Many of clients are not able to afford premium online classes in which they are
facing less exposure of online education system along with its opportunity. London
School of Science and Technology College provides less natural resources of online
market class those people who are working and want to attain some good amount of
opportunity in their professional development.
CONCLUSION
From above report of business Consulting pte summarise about London School of Science
and Technology College is focusing on online market classes that provide education related with
business and generate more opportunity of jobs and placement. Issues are highlighted for then in
terms of their facing Hai competition due to entering numerous companies last couple of years
and market get more competitive intensity to pitch the product and services to customer.
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REFERENCES
Books and Journals
Pang, Y., He, Y. and Cai, H., 2019. Business model of distributed photovoltaic energy
integrating investment and consulting services in China. Journal of Cleaner Production, 218,
pp.943-965.
Campbell, J. and Randhawa, Y., 2019. Business Consulting Project. Group.
Tarnanen, E., 2021. PERCEPTION AND CHARACTERISTICS OF SOLUTIONS IN
BUSINESS CONSULTING.
Cerruti, C., Tavoletti, E. and Grieco, C., 2019. Management consulting: a review of fifty years of
scholarly research. Management Research Review.
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