Introduction - Regent College London: Strategic Analysis
Part A
Background
The Regent College London has been formed in the year 2010, which is part of the regent group, in the sectors for the education, training and investment which was founded by the Pankaj family. The college was initially opened in the Wembley; The College is offering Higher National Diplomas and offer students progression routes. In the year 2013, the college has opened the admissions for the public to commit about the participation and widening access. The college is delivering the programs related to the HND business by the validated person. Now, institution is also expanding the higher education provision with the help of university partners and delivers with the foundation year routes. The main objective of college is to offer the best learning environment to the each student where they can learn effectually.
SWOT analysis
Strengths:
The College is offering the wide range of courses and facilities to the students and has strong image in the sector of education.
The college has strong investors and financial resources.
The college has educators which are efficient in the various subjects.
This has been built in the wide range of land which can be used for the numerous activities and functions.
The organization is offering the wide range of online classes.
The area which is used by the college is the familiar for the locals.
The college is adopting the latest and emerging technology to boost the knowledge of the students and as well as educators (Muslim et.al, 2023).
The university has the reputation in the community which is external
The students experienced positive learning within the campus.
The university is focusing on the learning and faculty interaction for the students.
The Facilities are included with the attractive building structure and grounds, well maintained.
The every staff member and student support the campus mission
The college has partnership with the other well-known universities.
The campus has the strong and external board and also offers healthy shared governance.
The environment is healthy and safe for the students and educators.
Weaknesses:
The College is having poor management due to it the students has to face difficulties.
After the Covid-19 pandemic the college is offering the online classes which are difficult for the students to personal and educational work together.
The university has lack of training and development opportunities for the educators.
Within the college the operational structure is not well.
The educator has issues related to the unequal work load.
Lack of qualification in the faculty and staff
Fiscal uncertainty
Lack of traditional classes for the students
The students face the issues related to the assessment
Opportunity:
The college can expand diverse kinds of courses for the students
This can focus on the higher education completions.
The college can boost the interest in the initiatives on the global level
The university can focus on partnership to the support the initiatives of the university.
The college has to work with large student pool
Threats:
The numerous of university is offering such kinds of courses.
The college can face State budget crisis
Increasing in rivals in the area
Negative impacts of the public perceptions
Competitor analysis
Based on comparison
University of Oxford
The Regent college of London
University of Leeds
Courses
It is offering the wide range of subjects such as Anthropology and archaeology. The courses which is the university is offering such as Bachelor of Civil Law (BCL), Bachelor of philosophy (Bphil), Executive master of business Administration (EMBA), MBA, MFA, MJur, MPP, MTh (University of Oxford, 2023).
The Regent college is offering the wide range of courses such as BA, BSc, BA Hons, BEng Hons, FdSc, Higher national diplomas, foundation degrees.
The university of Leeds is providing numerous of courses which includes Accounting and Finance BSc(Hons), Advanced Psychology MPsyc, Aeronautical and Aerospace Engineering BEng(Hons), Ancient History and English BA(Hons), Ancient History and History BA (Hons).
Facilities
Every student gets the same facilities which are having by the students who are enrolled full time.
The campus is providing the higher education suite for students, Comfortable lounge area, IT lab, some shops and food, drink outlets as well.
The university has wide range of facilities such as IT, cafes and bars, Libraries, Security services.
Professional with qualification
The university hires the educators with the highest qualification and skills.
The college has numerous educators with the high qualification in the different sectors (Regent college London, 2023).
The university has educators with the qualification in the specific areas and subjects (University of Leeds, 2023).
Ranked
The University has the 5th rank on the global level for the best university and schools.
The college is the 4th best university for the student in the learning community and ranked the 6th for the best for the student satisfaction.
On the global level the university is having the 75th rank on the global level.
Number of institution
The oxford has 43 university’s college.
The regent college has five campuses within the London.
The university has four main universities in the Leeds.
Problem statement 1: The College has issues related to the training and development which is needed for the educators and their development.
Problem statement 2 The regent college of London has the issues related to the operation management due to which it is facing challenges.
PESTEL analysis
Political factors:
The increase in the taxes can put the impact on the funds of the university which put the negative impact on the college.
The main potential risk in the policies and legislation changes
The funding bodies can downturn can change the policies which put the impacts on the funds from the public sectors.
Economic factors:
The downturn in the regular economy can put negative impact on the investment of the initiatives which are related to the sustainable practices.
Regular increase in the taxation can help in reducing the funds for the Regent College of London.
It is difficult for return on the investment, which can lead to the management.
The changes in the government policies can allow the university to charge higher fees for the education.
Social factors:
Lack of sustainable development in the responsibilities can put negative impact on the reputation of the university (Annan and Sharma 2023).
Lack of engagement with the society can reduce the effectiveness of the regent college of London.
Due to the lack expectation front the society can risk the environmental responsibility.
Technological factors:
The on-going development in the technology can increase the reputation of the college.
The online classes which is offered by the college can allow the student to have the further development
Legal factors:
The significant changes in the education filed related to the regulations and laws.
The new laws can hinder the college and educational field.
Environmental factors:
The College is focusing on the sustainable and environmental friendly practices.
Increase the consumption of the energy.
Porter’s five force
Supplier power: The tutor and educator are having the main power of the supplier because they are essential part of the College.
Buyer power: The students are having the highest power because they are the main source of the education field.
Competitive Rivalry: The education field has numerous of competitors and offer the numerous kinds of courses (Torre 2019).
Threats of substitution: There are numerous of the colleges which are offering the same kind of courses and there is availability of the alternative.
Threat of new Entrants: The numerous of colleges are developing and offering the numerous of courses with the highest qualified educators.
Target market of the Problem 1
Segmentation: The College is focusing on the demographic that is emphasising on the age group 18+ and there are no restrictions about the region and background (Syzdykova et.al, 2021).
Targeting: The main target of the Regent College London is young aged students whose age is above 18.
Positioning: On the new courses and highly qualified professor Regent College will create distinct position at marketplace.
Target market of the Problem 2
Segmentation: The main age group which is the focusing the demographic segment the age group 18 to 35.
Targeting: The main target of the college is to target highly qualified professor who have degree in at least 3 areas.
Positioning: The College is having good reputation in the education field and positions among the all colleges and university.
Key issues and problems
Problem 1 – The issues related to the training and development within the staffs
The college is facing the issues related to the training and development in the educators. For the courses and emerging technology, it requires the training sessions to increase the skills of the educators so they can teach the students in the way better manner.
Problem 2- The challenge related to the poor operation management.
The issues related to the poor operation management within the regent college London. This can decrease the productivity and decrease the morale of staff members. The poor operation management can decrease the profit.
Conclusion
By concluding the report it delves into the two major challenges which are the regent college is facing such as lack of operation management and lack of training and development. The report delves into the SWOT analysis of the Regent College which showcase the factors about the strengths, weaknesses, opportunities and threats. The report emphasises on the PESTEL and porter’s five force which is related to the Regent College. The key issues which is related to the operation management and training.
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References
Books and Journals
Annan, D. and Sharma, R.K., 2023. Analyzing Currencies and Foreign Markets Indices on Indian It Stocks Using Ensemble Ml: An Impact Perspective. European Economic Letters (EEL), 13(5), pp.850-861.
Muslim, S., Atika, M., Ilyas, M.N. and Kurniawan, T., 2023. Tourism Destination Competitiveness; SWOT Perspective, Aik Bual Central Lombok, Indonesia. JMET: Journal of Management Entrepreneurship and Tourism, 1(1), pp.63-73.
Syzdykova, Z., Koblandin, K., Mikhaylova, N. and Akinina, O., 2021. Assessment of E-portfolio in higher education. International Journal of Emerging Technologies in Learning (iJET), 16(2), pp.120-134.
Torre, E.M., 2019. Training University Teachers on the Use of the ePortfolio in Teaching and Assessment. International Journal of Eportfolio, 9(2), pp.97-110.
Online
Regent college London, 2023. Online. Available through https://www.rcl.ac.uk/courses/
University of Leeds, 2023. Online. Available through <https://www.leeds.ac.uk/>
University of Oxford, 2023. Online. Available through https://www.ox.ac.uk/news/2024-01-17-vice-chancellors-inaugural-cross-curricular-programme-begins
