Consultancy briefing on business environment and technology for selected company

Assessment criteria and guidance

Changes such as those in politics and information and communication technology (ICT) have transformed business. In this dynamic environment, companies must be sensitive to those changes. As part of their planning process, the companies listed below have asked for advice to determine their future business strategy and improve management decision making.

They are inviting contributions from business advisors to help them gain a better understanding of the environment in which they operate and the effect of technological change on aspects of their organisations. Choose one of the companies listed below and present the following consultancy briefing:

1. Assess the general environment of the company to identify the major opportunities and constraints it is facing. Use any three of the following six variables of the environment for your analysis: political, economic, socio-cultural, technological, legal or ethical.
2. Assess the effects of ICT issues such as technological change on the company and its overall technology strategy as a source of competitive advantage.

Companies:

• Revolut
• Spire healthcare group plc
• Jd sports fashion plc
• Rolls-royce holdings plc
• Rightmove plc

Assessment criteria and guidance

This is a practical assignment and must be completed individually. You are to act as a business advisor giving a boardroom presentation. You are not expected to define any business theories/models, but rather to apply those theories/models to explain the environment your chosen company is operating in and the extent to which the company’s technology strategy can be seen as a source of competitive advantage.

To deliver a successful consultancy briefing, use the key topics from the relevant lectures on the business environment and technology and their corresponding explanations in Chapters of the module textbook Business in Context (Needle, D and Burns, J, 2019). For further reading and academic sources, see below.

With real-world company data and examples, use the key lecture and chapter topics as well as your own independent academic research to explain and assess

the general environment the company is operating in. Using PESTLE, assess any three of the following six variables: political, economic, socio-cultural, technological, legal, or ethical. Based on your environmental analysis, advise on major opportunities and constraints faced by the company.

In addition, research and critically assess the effect of technological change, particularly changes in information and communication technology (ICT) on the company. With real-world company data and examples, select one business function and assess the extent to which technology has improved the company’s financial performance thanks to improvements in productivity, quality, or cost reduction. Based on your findings, assess the company’s overall technology strategy as a source of competitive advantage.