Managing the Professional Practice

Managing the Professional Practice

Is it better to offer one professional service in terms of discipline or an interdisciplinary service? Discuss.

Assess the strengths and weaknesses of the two strategic options.

Assume you are assessing these options for a current SME (small and medium enterprise) professional practice that is operating in a single discipline of your choice.

Present your analysis in the form of a Report to the founders and senior management team.

3000 words

•    Support your Report with references.
•    Apply enterprise or business reasoning throughout.
•    Use academic analytical justification where necessary from the literature.
•    This should not be extensive but should be based on a thorough understanding of the theoretical and conceptual issues.

Structure of this term paper
First part
•    Analysis what is one discipline professional services and what is an interdisciplinary professional services
•    The advantages and disadvantages of one discipline professional services
•    The advantages and disadvantages of one interdisciplinary professional services
•    Critical analyse and compare the two options benefits and weakness; at the same time, analyse the two different professional services should be better applied

in what size of firms
•    And then focus on talking about the influences of these two options on the SME firms.
•    Explain why SME firm needs professional management
•    The benefits reflected in which aspects to apply professional management in SME companies.

Second part
•    After analysis the benefits and weakness of the above two options, you choose the better one professional management services to apply in SME firm and also

give some business resons.
•    Analyse the benefits and changes for SME company if apply one of the professional services
•    What the business benefits and further development bring to the SME firm apply the professional services you chosen before.
•    The benefits for clients and founders apply the professional management
•    Summary why the professional services you choose is suit for SME firm.  It should be talk about from employers, market competitive, build environment.

Besides, the introduction and conclusion should be around 300 words. The conclusion can exceed 300 words and should make further and deeper understand of this topic.

This term paper should be focus on these aspects

1.    To focus on the professional firm
2.    To develop operational understanding of the market position of firms
3.    To understand the human asset base of the professional firm now and in the future
4.    Address issues of size and competitiveness of professional firms in and constrained by the market over time
5.    Apply the concepts and theories for establishing market position in developing the management capacity of the firm in its particular markets
6.    To apply management principles to professional consultancies in practice
7.    Understood and interpreted the importance of expertise and human capital   to the effectiveness and competitive position

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3000 words


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