Topic: Business Transformation Consulting- Post pandemic era

Ques 1. Sir what differences do you see in Businesses pre and post covid???
Ques 2. How HR is playing a role in this post covid Business Environment???
Ques 3. What is the role of HR Consultants with Businesses and how it has changed???
Ques 4. What are the difficulties you're facing post Covid as an HR Consultant???
Ques 5. With work from home conditions, do you think that productivity of employees has declined???
Ques 6. What are the steps businesses should take to cope with the post covid environment???

Do you think Covid 19 has changed the Business Environment for HR? *
Do you think productivity got affected during Covid Pandemic? *
How did you deal with the effects of lockdown/covid in your organization? *
Do you think the Role of HR Consultancy has changed in recent times? *
What are some of the measures businesses should take to get on with the new normal? *
How according to you HR Consultancy can help these businesses to achieve productivity in
future? *
There have been instances of layoffs or salary cuts during the pandemic time. How do you
think companies can avoid such situations? *

1. Executive Summary – A summary of the project, of maximum 2, A4 size pages are

required. This should briefly cover the following
 Genesis of the study
 Exact scope
 Organizational areas covered
 Research Methodology
 Findings and conclusions

During this pandemic era a lot of industries hit badly particularly those industries on
which more restrictions were imposed like aviation and hotel industries. The
main challenge for them were to survive and retain the talent. Industries many
times switched to alternative business model just to survive. This study has tried
to see the impact of COVID-19 and role of Business Transformation consulting
firms.
Scope of this study is that how HR Consultancy can help these businesses to achieve
productivity in future.
We covered mainly the organizations related to management consultancy.
We adopted the Questionnaires methodology and those were of multiple choice questions
and open-ended questions. That enable people to take their time, think about it and
come back to the questionnaire later. Participants c ould state their views or feelings
privately without worrying about the possible reaction of the researcher.
This study revealed the effects of lockdown/covid on organization, how it changed the Business Environment
for HR, productivity of the organization, role of HR consultancy and what measures businesses should
take to get on with the new normal.
Do you think Covid 19 has changed the Business Environment for HR? *
Do you think productivity got affected during Covid Pandemic?
How did you deal with the effects of lockdown/covid in your organization? *
Do you think the Role of HR Consultancy has changed in recent times? *
What are some of the measures businesses should take to get on with the new normal? *
How according to you HR Consultancy can help these businesses to achieve productivity in
future? *
There have been instances of layoffs or salary cuts during the pandemic time. How do you
think companies can avoid such situations? *

1. Introduction – Discussion of the Concept, Problem & related Issues and Technique on
which the project is based.
COVID pandemic impacted many industries. The main challenges of the organizations
are how to survive, grow & retain the skilled employee. Industries many times switched
to alternative business model just to survive. This study has tried to see the impact of
COVID-19 and role of Business Transformation consulting firms.
We adopted the Questionnaires methodology and those were of multiple-choice questions
and open-ended questions. That enable people to take their time, think about it and come
back to the questionnaire later. Participants c ould state their views or feelings privately
without worrying about the possible reaction of the researcher.
2. This study revealed the effects of lockdown/covid on organization, how it changed the Business
Environment for HR, productivity of the organization, role of HR consultancy and what measures
businesses should take to get on with the new normal.

Business Transformation Consulting- Post pandemic era

SWOT Analysis for a Consulting Firm

Consulting firms provide professional services to businesses. There is a lot of
competition among consulting firms to secure and maintain clients, and
many factors that lead a client to select one consulting firm over another.
 As such, it is helpful for consulting firms to regularly assess the
marketplace and their competitiveness in the market.
. Internal factors would include processes, products, supplier relationships or
employee retention.
External factors include competitors, consumer attitudes, new technologies or
industry standards.

 Human resources - staff, volunteers, board members, target population

 Physical resources - your location, building, equipment
 Financial - grants, funding agencies, other sources of income
 Activities and processes - programs you run, systems you employ
 Past experiences - building blocks for learning and success, your reputation in
the community

Strengths: Strengths are the internal things your consulting firm does well. This can
include financial, customer, internal and growth areas that are particularly strong at
your company.

Weaknesses: Weaknesses are internal things your company can improve upon.

These also include financial, customer, internal and growth areas that can be
improved.

What Are the External Factors of a SWOT Analysis?

 Future trends in your field or the culture.

 The economy - local, national, or international.
 Funding sources - foundations, donors, legislature.
 Demographics - changes in the age, race, gender, culture of those you serve or
in your area.
 The physical environment (Is your building in a growing part of town? Is the
bus company cutting routes?)..
 Legislation (Do new federal requirements make your job harder...or easier?).
 Local, national or international events.

Opportunities: Opportunities are often external areas where you see the highest
potential for the future. Examine financial, customer, internal and growth opportunities.
Imagine the areas where you can see meaningful possibilities.

Threats: Threats are typically external factors that can damage or negatively impact
your business. It is important to give consideration to financial, customer, internal and
growth threats. Threats are often external, but sometimes threats can originate from
within a company.
SWOT analysis of management consultancy firm

 Strength:

Their core strength lies in the power of their team, workforce. They have a team that
can go all the way to give their clients value for their money. They are well positioned,
and they know will attract loads of clients from the first day they open their doors for
business.

 Weakness:

As a business consulting firm, it might take some time for our organization to break
into the market; that is perhaps their major weakness.

 Opportunities:

The opportunities in the consulting industry are massive and we are ready to take
advantage of any opportunity that comes their way. New Industries are coming with the
ease of doing business in India so training will be required and there will be further
employee development.

 Threat:

Some of the threats that they are likely going to face as a consulting firm operating in
India are unfavorable government policies, the arrival of a competitor within their
location of operations and global economic downturn which usually affects purchasing
power. There is hardly anything they could do as regards these threats other than to be
optimistic that things will continue to work for their good. Larger Competitors are there
so having to read that threat as well.

Porter's five forces of the consulting firms are:

1. Competition in the industry

 High Firm Rivalry - Bigger consulting firms competing for the same Fortune 500
clients, smaller niche consulting firms pursuing business with clients in respective
verticals all lead to high competitive rivalry within groups.

2. Potential of new entrants into the industry

Low customer switching costs, low initial capital investment but the factors of an
experienced knowledgeable workforce and a success track record dictate the success of
the firms.

3. Power of suppliers

Low Power of Suppliers - This force is defined by the easy availability of MBA
graduates and experienced consultants. Other suppliers like the software product
vendors often seek integration of their products within consulting firms' suite.

4. Power of customers

High Power of Buyers - The clients of consulting companies always have an option
of in-housing experienced professionals from the market or maintaining the status quo
unless change is inevitable.

5. Threat of substitute products

Medium Threat of Substitutes - in-line with the buyer power, the threat of substitute is
relatively medium.

Objectives & Methodology of Project