The Business Consultancy Project
INTRODUCTION
Business refers to organizations where people work to produce valuable goods or services and sell them in exchange for money. Similarly, business consultancy involves entities that provide professional and expert services to potential clients (Cameron, 2016). Through various business models, consultants offer valuable advice to key client entities to help them save time, effort, revenue, and resources. This assignment focuses on Parents Paradise, a UK-based education center that provides soft play education to children up to the age of 11. It includes information about the organization, the application of analysis tools, and recommendations for addressing issues.
MAIN BODY
Summary
Parents Paradise is one of the soft play institutes for children up to 11 years old. It offers lots of fun as well as activities to the children (Parents Paradise. 2019). The center is located in Watford, United Kingdom. The vision of the center is to provide high education quality with fun activities to develop small children. It keeps little ones buzzed as well as entertained with excitement so that they remember their soft play experiences.
Analysis
Parents Paradise is presently facing obstacles while performing activities. These issues are no proper organization structure, non-routinized activities, low motivation within the workforce and so on. In order to ascertain the reasons for the obstacles, various tools are used for analyzing situations (Cope, 2010). Analysis tools are characterized as frameworks which break a problem into various parts so to search for easier solutions for issue resolution. With these tools, internal together with external issues are properly analysed. Some of the tools for external and internal analysis are underneath:
PEST Analysis:
This tool is primarily used to analyze the external environment. It is a strategic tool that organizations use to discover, measure, organise as well as track the factors residing within the macro environment and have the potentiality to impact the business in the present era as well as in upcoming duration. Herein, PEST Analysis is chosen to observe, evaluate, and organize along with tracking all the macro-environmental factors due to which issues are faced at Parents Paradise. The PEST Analysis for such context is as explained:
Political: As Parents Paradise is soft play centre which is not much influenced by political factors. The UK's political system makes various rules so to protect the children. When new rules are governed or some modifications are done by the political system then the institute also have to make changes in their existing practices then impacts on their operations at great manner. For example, when there are chances in the season, the political authorities changes school timings. In this, some children comes to soft play centre early while some gets late which is the main reason for the no proper timings.
Economic: Economic factors are related to variables in the economy, but they do not directly impact the workings of Parents Paradise, as the institute is a self-managed organization with its own rules and regulations. However, there are situations where parents' ability to raise funds for the organization's activities can affect various operational aspects. For example, when parents are unable to pay fees on time or when minimal funds are received from outsiders, delays in staff salaries can occur, leading to demotivation and dissatisfaction, which can result in issues of mismanagement. For those seeking economics assignment help, understanding these dynamics can be crucial.
Social: Social factors are basically concerned with the consumer groups that causes reasons in hurdles within Parents Paradise. When local residents shifts to other cities, then some of the authorities or managers also shifts due to which there are changes within organisational authorities as well as manages too (Johnson and Et. Al., 2017). In addition, when demographic preferences for education of small children changes, it creates pressure on current management team and with this they leaves the soft play schools and it becomes reason for changes in the management team.
Technology: Technological factors are connected with advancement of technology or innovation in technology. within Parents Paradise, technology have limited role. For example, technology is used at such premises so to make small children learn with the help of E-book readers as well as uses software so to manage IT systems are some activities that can hamper workings of such soft play centre.
SWOT analysis
The internal environment is analysed with the help of SWOT analysis tool. It is chosen for analysing the internal environment of Parents Paradise so to develop understanding about pertaining circumstances. The SWOT Analysis for selected soft play centre is as follows:
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Strength |
Weaknesses |
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Stakeholders analysis:
The tool is used to identify potential changes within key internal parties that are known as stakeholders. The tool is used for assessing behaviours of potential parties in context to Parents Paradise. Following is the stakeholders analysis in context to Parents Paradise:
High power and low interest: In this stakeholder type, government authorities are considered. In context to Parents Paradise, government have low interest but high power as they changes timings of the soft school considering the variations in the seasons that causes problem of late coming as well as early going of little ones.
High interest and high power: The managers of Parents Paradise falls in this category as they holds supreme powers to make decisions for the entity. Managers restricts involvement of others while decision making that causes issues in the centre (Lynch, 2018).
Low power and low interest: In this category, staff members are considered as they do not have any power to devise decisions and have low interest on profits of Parents Paradise.
Low power and high interest: In relevance with Parents Paradise, parents of small children are considered as they have low power in decisions taken at school but have high interest in education for their little ones.
Related Samples: SH4003 Culture, Society & Ethics
Ideas for action
According to the results gained from analysis, Parents Paradise is recommended to include parent also while making decisions in order to resolve the issues concerned with timings as parents are generally strict for timings of the schools in which their little one goes. In addition, while hiring school managers, Parents Paradise' owners should make contractual agreement of 1 year such that issues concerned with changes in management are resolved promptly.
CONCLUSION
The above assignment concluded that in the present era, business consultancy entities provide assistance to clients to help them operate activities and operations more efficiently. By using a grammar checker, businesses can ensure that their communications are clear and professional. SWOT analysis helps organizations understand their key strengths, weaknesses, and the threats and opportunities they face. Additionally, PEST analysis is used to assess external factors, while stakeholder analysis examines the involvement of stakeholders in the institution.
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