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IndustyAnalysisreport2.doc

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Industry Analysis Report

A systematic approach is one of the surprisingly fruitful intellectual inventions of humanity without which successful professional activity is unthinkable in almost any field. Possession of a systematic analysis of business processes, systemic modeling and design, systematic practical activity are the highest characteristics of mental culture of any specialists. In this case, companies get an opportunity to obtain recommendations to make their activity more productive and profitable. The creation of well-thought-out industry research and the need to interview a contact can become a foundation for the development and improvement of such industries as car service station, mobile fast food station, and hairdressing salon.

Systems theory is a scientific field related to the development of a set of philosophical, methodological, concrete scientific and applied problems of analysis and synthesis of complex systems of arbitrary shape. Car service station is a system that includes a wide range of factors of the impact. This kind of business has appeared many years ago with the elegances of cars that require maintenance and repairs (Sailekar, Panda & Chauhan, 2018). At the same time, this business requires continuous improvement due to the presence of high level of competition and the need to constantly master new technologies to provide highly qualified diagnostics and repair of cars. In this case, these specialists have a huge responsibility for their actions when faulty car can cause the death of the passengers and the driver. The industry competitors are based on the constant appearance of small car service stations that use customer base as the primary industry’s business model. Consequently, this organization should pay special attention to the needs of the clients by trying to provide related services including sale of accessories for cars, washing and even tuning for clients who want to have unique appearance of cars.

The meeting with the specialist of car service station will take no more than 2 hours. In this case, the first part of the interview will include gathering information and questions about specific business issues that require solution for the improvement of all business processes. Such type of the interview will involve questions about the level of income, customer base and competitive advantages. The second part of the meeting will consist of the questions related to the selection of necessary vectors for development and ways to get competitive advantages.

Mobile fast food station is one more industry that is popular in most of the countries. It has appeared not so long ago due to the absence of the need to save time on meals. Nowadays, residents of big cities make every effort to save time that they have to spend to satisfy their hunger (Buxel, Esenduran & Griffin, 2015). At the same time, this type of food industry has turned into an entertainment for friends to enjoy. The main industry competitors include the need to create bright image and the right pricing policy that will become crucial competitive advantage. In this case, the industry’s business models are based on financing and products that are especially important on the first stage of the area’s development.

This interview will include general discussion about the way to increase competitiveness and introduce methods that will become a foundation to get a higher profit level. This meeting should not exceed an hour in time not to lose objective perception of problems that is especially significant during the process of the creation of new approaches to find unique system for obtaining competitive advantages. However, the process of analysis and counseling has to involve several interviews during a month to monitor the innovation productivity. Such approach will allow the owners of mobile fast food station to achieve the desired results in the short period.

Hairdressing is one of the oldest industries for business development by having roots that go back several centuries. At the same time, the hairdressing salon that will be discussed has no any network and well-known brand. Therefore, it has to develop consumer base as the primary way to overcome industry competitors. The presence of regular customers satisfied with the quality of services is the first step to develop and open network of hairdressing salons to improve this direction of business (Effendi, 2017). The industry’s business models involve special attention to consumer base and well-thought-out methods to attract new sponsors and approach for additional financing. The interview should include questions dedicated to the formation of new business image that will become the primary way to attract attention of the possible customers. At the same time, this meeting should not be time limited to avoid forcible introduction of erroneous strategies that will not find positive response from the creators of this business.

The need for the constant innovations and the creation of new strategies is the prerequisite for increased competitiveness. The development of productive industry research and the need to interview a contact can become a basis for the improvement of such industries as car service station, mobile fast food station, and hairdressing salon. In this case, analysts and consultants should take into account all nuance of business to introduce a better model for customer relationships. Such approach can increase brand awareness and profit in general by taking companies to the next level in the service sales industry.

References

Buxel, H., Esenduran, G., & Griffin, S. (2015). Strategic sustainability: Creating business value with life cycle analysis. Business Horizons58(1), 109-122. doi: 10.1016/j.bushor.2014.09.004

Effendi, K. (2017). The Optimization of Capital Structure in Maximizing Profit and Corporate Value. Binus Business Review8(1), 41. doi: 10.21512/bbr.v8i1.1678

Sailekar, S., Panda, M., & Chauhan, C. (2018). Employee Overseer Attendance Management and Business Analysis System. International Journal of Trend in Scientific Research and DevelopmentVolume-2(Issue-3), 2300-2305. doi: 10.31142/ijtsrd11564

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