BM561: Research Report on Regent College London's Challenges

This research report critically analyzes the challenges faced by Regent College London, a higher education institution, focusing on the context of business consulting. The report begins by identifying Regent College London as the client and clarifying their problem: adapting to modern campuses through advanced technology. The main body delves into the client's challenges, including competition from other institutions like Gordon-Conwell Theological Seminary, the importance of understanding the target customer market, and the influence of external factors. The report utilizes a PEST analysis to examine political, economic, social, and technological factors impacting Regent College London. The analysis identifies the top three issues: advancing technology, increased competition, and government policies. The conclusion summarizes the key findings, emphasizing the importance of addressing these challenges for the institution's success. The report is supported by references to relevant books and journal articles, and it provides a comprehensive overview of the client's situation and the complexities of the higher education landscape.

RESEARCH PROJECT

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Clarify who your client is, and what is the problem they are facing...........................................1
Using research, break the problem down by critically analysing and presenting areas of
importance to the client such as competitors, target customer market and influencing factors
from the external environment ....................................................................................................1
From your above analysis, what are the top three issues that the client is facing?.....................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Education sector is considered as the group of institutions whose fundamental intent is to
render the education to children as well as younger individuals within educational settings.
Additionally, this is the crucial part of an economy so that they should be involved into unity
assembly, unity legislation and others. For this report, the chosen company is Regent College
London, which is one of the growing facilitator of industry related higher education. Its key
intent is to render a stimulating as well as assisting learning atmosphere which enables their
students for interacting, sharing stories and supporting one other into collective community. The
aim of this project is to critically analyse a range of secondary business research sources along
with application towards the business of client’s. For this, some points are highlighted in this
project that are about the chosen client and the problems they are facing, presenting areas of
importance to the client such as competitors, target customer market and influencing factors from
the external environment. Apart from this, the top three issues that client is facing are discussed
in this report.
MAIN BODY
Clarify who your client is, and what is the problem they are facing.
Client is undertaken as receiving end of services or requestor of facilities into a customer
model system type. In respect of this project, the selected company is Regent College London,
which is one of the growing facilitator of industry related higher education. Its key intent is to
render a stimulating as well as assisting learning atmosphere which enables their students for
interacting, sharing stories and supporting one other into collective community. Additionally,
they are developed to improve the employability of students as well as maximise its prospects of
career. In addition to this, their life long dedication for developing their student’s competencies
which is vital for its success as a college. The problem which they are facing is forming the
modern campuses through advance technology.
Using research, break the problem down by critically analysing and presenting areas of
importance to the client such as competitors, target customer market and influencing
factors from the external environment .
As the Regent College London which is a growing institutions by assistance of modern
campuses. So, for that the various problems are facing by them.
1

Competitors
Competitors are regarded to be the other businesses who may offer the similar or likewise
items and services to their clients. Additionally, this is crucial to its business as this enables them
in identifying its particular as well as innovative traits which are appealing to consumers. In
respect of Regent College London, while developing as the modern campuses they have to deal
with various competitors such as Gordon-Conwell Theological Seminary, Tyndale University,
Western Seminary and others. As they all are providing same kind of services so it would impact
respective organisation adversely as it reduces their market share, shrinks the available base of
consumers, mainly in case demand is limited.
Target customer market
Target market is considered as the group of consumers along with shared demographics
that have been determined as the much likely purchasers of entity’s items or services. In respect
of Regent College London, as they are moving towards modern campuses development and
performing effective campaign for their business so, it is important for them to target the
customer market. The key reason is that this enable marketers to concentrates upon those much
likely to buy items or avail services, bounding population funnels study and budget to clients
with higher profitability potential.
Influencing factors from external environment.
External environment is undertaken as the group of factors or situations which are outside
the firm but impacts it into few extents. Within business, the particular term is commonly uses to
components associated with out of control dimensions like economy, regulation, political system
and society etc. Additionally, these are crucial as they may cause indirect and direct impacts
upon revenues, operations and personnel of the business. For instance, Regent College London
may apply PEST analysis which is discussed below:
Political factors
Various higher education institutions within UK such as Regent College London receive
few forms of public funding. So, through this, government become competent to partially
subsidizing the education costs for end students. At present, the government is slow but slowly
cutting down upon their education budget that might be the crucial issues for them in future.
Economical factors
2

Various students within UK mainly in England are forced to undertake upon huge
amount off student debt for paying its degrees. So, it become issues for Regent College London
since various students initiate off its careers with severe monetary setback.
Social factors
Higher education have longer been a must for those seeking for succeeding into modern
world. Additionally, times are changing, though and various believe that effectiveness for further
education is slowly minimising.
Technological factors
As technology is growing so this is becoming the issues for Regent College London to
adopt advance technology within their operations such as moving to modern classes and other.
From your above analysis, what are the top three issues that the client is facing?
Based upon the above analysis, it has analysed that Regent College London re going through
several issues but most prior one are advancing technology, more number of competitors and
political policy formed by government of UK for higher education.
CONCLUSION
As per the above report, it has been concluded that this is the crucial part of an economy so
that they should be involved into unity assembly, unity legislation and others. Moreover, it is
crucial for present time that developing advanced such as modern classes and others.
Additionally, while performing this some issues organisation have to face like threats of
competitors, effective customer market and external environmental factors such as political,
economical, social, technological and so on.
3

REFERENCES
Books and Journal
Bishop, S., 2020. Book Review: Review of Charles E. Cotherman: To Think Christianly: A
History of L'Abri, Regent College, and the Christian Study Center Movement.
Dillenburg, E., 2020. In Darkest London: The Manuscript Journal of Joseph Oppenheimer, City
Missionary. By Donald M. Lewis. Vancouver: Regent College Publishing, 2018. xxvii+
304 pp. $24.95 paper. Church History, 89(1), pp.204-206.
Lanman, M., “Psychoanalysis and Ethics”: British Psychoanalytic Council Annual Lecture, 14
November 2014, Regent's College, London.
PACKER, J., Sangwoo Youtong Chee Professor of Theology Regent College.
4