External Analysis ( child care )

Children’s Nest is a preschool/daycare center with multiple locations. They specialize in child care that is both high quality and affordable for families. The daycare and preschool industry is a place whether that be someone’s home or an establishment that provides early education for children. These establishments provide education, extracurriculars, and fun activities that help children to develop their minds. The industry can be divided into two types of child care, center-based care and family child care. The following sections discuss many characteristics of the daycare/preschool industry.

KSF 1 - Quality of teachers

Consistency and Fairness:

Your pupils should know what to expect each day in order to establish a healthy learning

environment. Students thrive in environments that are consistent and predictable, allowing them

to feel anchored while still allowing them to explore. Instead of adjusting to disorienting

changes, they should be utilizing their brainpower to learn. Routines help you stay on track and

make school life simpler. (Kelly, Melissa, 2019)

Flexibility and Responsiveness:

One of the foundations of teaching should be that a classroom should function smoothly even

though things are changing all the time. Interruptions are inevitable, but a

teacher must handle them without jeopardizing their pupils’ learning environment (much).

Maintaining calm and taking charge of every circumstance necessitates a flexible approach.

Both flexibility and responsiveness allude to a teacher#39;s capacity to make real-time modifications and succeed. When a class doesn’t go as planned or a day gets derailed, even the most experienced instructors feel panicked, but they know that changing, persevering, and reteaching are all part of the job. (Kelly, Melissa, 2019)

Know Your Learners:

Knowing your students is one of the most critical elements for a great teacher, yet it's often

overlooked in favor of providing information on time. Some instructors assume that developing

close relationships with each of their pupils is unimportant, if not irrelevant, in the great scheme

of things, but this is not the case. (Kelly, Melissa, 2019)

Threat of Substitutes:

Industry profitability decreases when a new product or service satisfies comparable client wants in different ways. If a replacement product or service delivers a value proposition that is significantly different from the industry#39;s current offerings, it poses a significant threat. Such as storage hardware drives replaced with Google Drive and Dropbox. Non-profit organizations, churches, and employer-sponsored childcare facilities are examples of substitute products. These sorts of facilities are usually found in larger organizations or in locations that are heavily industrialized. Established child care facilities, personal babysitters, and stay-at-home parents are all direct competitors. (2017)

Technology:

Low levels of innovation limit the threat to incumbent operators from new technologies

disrupting their operations. However, a low rate of growth in technology can also create

exposure for incumbents as the trajectory of innovation in other markets could lead to unforeseen

competitive disadvantages. Operators in this industry face a low rate of new entrants and

moderate entry barriers. This confluence of circumstances produces an atmosphere in which

Entrance patterns aren't a major source of disruption. This industrys principal markets are extremely concentrated, implying that the market is focused on certain consumer categories. This gives a chance for strategic entry into lower-end or unserved sectors, allowing disruptive ideas to emerge. ( Kennedy, Kevin, 2021) The Day Care business has seen little technological disruption; nonetheless, some organizations have used digital platforms to optimize operations. As a consequence, technology is unlikely to disrupt the business to the point where it displaces present providers. As are taxi drivers and ride-sharing applications. Nonetheless, technology has the potential to improve specific job tasks for childcare providers and change business norms in the future. Education documentation applications allow childcare providers and parents to communicate on a variety of topics, including activities, meals, naps, potty training, attendance, and requests for extra supplies. These apps also allow you to share videos and photos. Moreover, industry operators manage enterprises in the simplification of information and organize administrative information ,such as enrollment schedules and waitlists, medical history and immunization information, automated invoicing, mobile registration, staffing, and a variety of other aspects. (Kennedy, Kevin, 2021)

Key success factors 13/15 points

Quality of teachers: I like that you broke this into three different sections, however they all seem like things that are nice to have rather than are must haves for success. That is partially because you describe very generally each category (for example look at my notes on consistency and fairness, which apply to all three). To strengthen this KSF, add some sentences before you go into your 3 subcategories that describe the importance of quality teachers overall – like how they really drive profit or create loss – then the three subcategories will be support for your argument.

Consistency and fairness: you explain that this is good for students to be in an environment that is consistent and fair, but you do not really emphasize why this is critical for a company to survive in the long run. Put another way, if a company does not have consistency and fairness, what would happen that would threaten their survival? - Try to weave this in to all three subcategories.

Porter’s 5 Forces observations Comment by Ashley Salaiz: Number of buyers are small Products sold to buyers are undifferentiated Products sold to buyers are a significant percentage of a buyer’s final cost Buyers are not earning significant economic profits

Poorly done from start to finish – specifics mentioned below.

Threat of substitutes - this section needs to be rewritten beyond the first sentence or so where you explain what a substitute is.