Leading Service Firms - Essay Example

Only on StudentShare

Extract of sample
Leading Service Firms

They rarely allow themselves the time to try to gain an understanding of the entire marketplace context in which they compete, this means sometimes while marketing a new service to gain competitive advantage, they often overlook the research part and just introduces the service, which sometimes gives loss (Suzzane, 2004:4).
Today every service firm tries to get a commanding position so that it can by having range of services, competitive distinctions, and innovations that can dictate the particular service industry in which it is competing. And it should become the future trendsetter (Suzzane, 2004:8).
Each of these looking out techniques serves to give a professional service firm a reliable sounding board on which to evaluate new opportunities or threats. Collectively, they help a professional service firm to develop concrete grounding for future business decisions and new strategies (Suzzane, 2004:15).
The professional service sector, whose very foundation is based on intellectual capital, has yet to apply its collective brainpower to truly dig into its marketplace. Put simply, digging deeper means doing the targeted organizational and analytical work it takes to compete more effectively. But today, despite the availability (and increasing affordability) of powerful software applications, few firms conduct formal data mining to discover the unmet needs of clients and prospects. ...Show more

Summary

Nearly all the professional service firms varying in nature from engineering firms to high tech and management consultants, advertisement agencies, accountancies, etc, compete by trying not to fail rather than by trying to win. They are engaged in a never-ending game of catch-up…
Author : kbins
Leading Service Firms essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Leading Service Firms"
with a personal 20% discount.
Grab the best paper

Related Essays

Why do firms exist
People today are engaged with a number of firms and businesses in their routine. The questions over the existence, advantages and disadvantages of firms have been answered by different researchers in different ways. The idea, however, lies in the understanding about the firms itself.
12 pages (3000 words) Essay
Costumer service
The quality of service provided by a firm is fundamental for both the private and public sectors. In the recent years, there has been growing importance in customer service and quality has become a major area of attention for businesses as it impacts on performance, return on investment, cost of operation, customer loyalty and profits (Pang 2007).
8 pages (2000 words) Essay
Leading
The report further focus on identifying leadership style of Jobs and analyze the fulfillment of the functions during his tenure. Discussion According to the critical observation of the cases i.e. “Steve Jobs' Magic Kingdom” and “Commentary: The Last Pitchman”, it has been clearly observed that the leadership style and functions of Jobs was unconventional that cannot be theoretically justified.
3 pages (750 words) Essay
Small Firms in UK
Entrepreneurship has provided the platform for individual investment that is the dominant driver for small business achievements. Currently, discourse and political debate focuses on structures to stimulate, support and evaluate enterprise through aid to overcome barriers to growth.
12 pages (3000 words) Essay
Capital Structure Evaluation of Sample Firms
Finally, the report attempts to understand how far the different models and theories affect the real life capital structure of these firms. A firm needs to deliver increasing returns every year to meet the return expectations of its investors, which can be ensured only by consistent growth in its revenue and profit.
8 pages (2000 words) Essay
Leading
The employees working under the leaders are more devoted to their leaders as compared to the organization because of the persuasive style of leadership of the leaders. Leadership can be defined as to show the way by going first, to direct, to
4 pages (1000 words) Essay
Why are some firms Born Global
These firms have been seen through these researches to have developed through a number of incremental stages. These firms that are regarded as born global have their operations spread far and wide to other countries
4 pages (1000 words) Essay
LEADING
se of humor; dedication, enthusiasm; concern for others; awareness; commitment; integrity; magnanimity; humility; openness; creativity; fairness; assertiveness and enthusiasm. According to (Jago,1982) leaders are not born, they are made. He said that leaders evolve
3 pages (750 words) Essay
Service firm Management
The CEO forum group tries to present to us the tactics to use in professional service firm management. Rose and Robinson in this article tells reveals the ways that CEOs employ to lead in particular service firms is important in mainly
3 pages (750 words) Essay
Leading in Service Neutrality' (Chick-fil-A)
The sole source of this golden aspect is conducting our business with utmost professional ethics. Some businesses have collapsed in the recent past. The reasons behind such failures have been pointed to lack of professional ethics among their employees. Subsequent
8 pages (2000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT