Analysis of Mental Wealth Global Enterprise: Consulting Project Report

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Added on  2023/06/09

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This project report provides a comprehensive analysis of Mental Wealth Global Enterprise and Seven Life coaching, focusing on its business operations and market position. The report begins with an overview of the company, including its structure and global presence. It then delves into an industry analysis using Porter's Five Forces, evaluating the strengths, weaknesses, opportunities, and threats (SWOT) faced by the company. The project also examines the company's objectives and identifies key problems, such as supply chain issues and confidentiality concerns. The report concludes with recommendations aimed at improving the company's performance, including leveraging AI and machine learning, and adapting to the changing market conditions. The project schedule and team profiles are also included, providing a complete overview of the project's execution.
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Mental wealth global
enterprise and
consultancy
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Table of Contents
A Project Schedule...........................................................................................................................3
Consulting project report.................................................................................................................4
INTRODUCTION...........................................................................................................................5
TASK...............................................................................................................................................5
Company overview.................................................................................................................5
Company analysis...................................................................................................................5
Industry Analysis....................................................................................................................5
Objectives...............................................................................................................................7
Problems of Seven Life coaching...........................................................................................7
Recommendation....................................................................................................................9
CONCLUSION................................................................................................................................9
Team Profile...................................................................................................................................10
Refection report.............................................................................................................................10
REFERENCES..............................................................................................................................11
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A Project Schedule
Week 2-3:
-Team formation
Completion of information sheet
Week 4-5:
Creating Ms team groups
Looking at client request
Team role decisions
Posting minutes and log for team
Initiating contact with client
Preparing for team meetings
Preparing for listening and coordinating
Clarification on aim of the project
Week 6:
-Review possible questions for analysis
-Development of a project plan
Distribution of project task
Emailing the client for coordination
Week 7-8:
Discussion on feedback
Working on the project
Maintaining logbook
Working on reflection
Week 9-10:
-Preparation of transcript related to the presentation
Working on the project
Maintaining logbook
Communication with client
Weeks 11:
Working on the project
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Maintaining activity log
Weeks 12:
Presenting the file to client and taking their feedback
Preparation of final report
Consulting project report
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INTRODUCTION
Profit maximisation is the core aim for any business organisation and they apply varius tactics in
order to became competitive in market. It is needed to formulate effective strategy so that
company can take advantage of ita nfd remain competitive in dynamic business environment.
Every business organisation have objectives and goals which they wants to accomplish within
time frame period. There are various frameworks which helps companies to assess their strengths
and weaknesses so th6ta corrective action can be taken in order to attain organisational goals.
This project report is based on Seven Life coaching , a multinational grocery and merchandise
company, headquartered in Welwyn Garden city, UK. This project report will cover company's
objectives and SWOT analysis, industry analysis and problems faced by company while
operating business. At last, it will cover recommendation in order to eliminate issues which
promotes in smooth functioning of company's operations.
TASK
Company overview
Seven life coaching is headquartered in London and New York. The company is made up of a
team of dynamic, fresh, innovative experts in career coaching, executive coaching, life coaching,
leadership and management training, facilitation, as well as personal branding. Our hand-picked
team of Coaches have diverse backgrounds across the creative industries, education and HR,
finance, banking, learning and development, entertainment and media.
Company analysis
The seven life coaching brand is active globally offering life coaching advice to consumers
across the globe. The company has framed action plan in order to expand its business operations.
This makes company successful and maintains a competitive position in market (Baines, Fill and
Rosengren, 2017).
Industry Analysis
Porter's five forces model is a framework to understand the marketing system and how the
market operates so that the team can effectively approach the market (Ferrell, Hartline and
Hochstein, 2021). It is a valuable and strategic tool by which the existing and new entity can use
for improve the profitability In order to better understand industry analysis, it is needed to
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perform porter's five forces in order to get right insight of industry analysis. Following are the
elements of Porter's Five Forces .
Strengths:
Seven Life coaching serve their customers in a unique way that it becomes the champion
for their customers.
Their quality of product and good services has become major attraction for personnels
and develop the loyalty in customers.
Weaknesses:
Seven Life coaching 's face issues of supply chain distribution and labour shortage in Covid 19
lockdowns.
It becomes a confidentiality issue that Seven Life coaching involves privacy and security of
customer information.
Opportunities:
Using machine learning and AI to predict and deliver street level requirement and it will be a
game changer to Seven Life coaching .
Seven Life coaching can release the guidelines to prevent people from stepping out because of
Covid 19 and encourage them to buy more groceries online. It should be great opportunity
for Seven Life coaching
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REFERENCES
Books and Journals
Baines, P., Fill, C. and Rosengren, S., 2017. Marketing. Oxford University Press.
Chaffey, D. and Smith, P.R., 2017. Digital marketing excellence: planning, optimizing and
integrating online marketing. Routledge.
Ferrell, O.C., Hartline, M. and Hochstein, B.W., 2021. Marketing strategy. Cengage Learning.
Fotiadis, A., Mombeuil, C. and Valek, N.S., 2018. Designing and implementing a marketing
plan. In The Emerald Handbook of Entrepreneurship in Tourism, Travel and Hospitality.
Emerald Publishing Limited.
Kishi, N., 2017. Management analysis for the business industry. Business Policy, 39, pp.1-6.
Rust, R.T., 2020. Outside-in marketing: Why, when and how?. Industrial Marketing
Management, 89, pp.102-104.
Stevens, R.E., Loudon, D.L., Wrenn, B. and Warren, W.E., 2021. Marketing planning guide.
CRC Press.
Teoli, D., Sanvictores, T. and An, J., 2019. SWOT analysis.
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