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Question: Discuss About The Managing People Organizations Management? Answer: Introduction Industry analysis can be defined as a marketing assessment tool which is designed in order to provide an understanding of a companys position in contrast with other companies producing similar services and products. Understanding the overall workforces of an industry is regarded as a major component for strategic planning in a more effective way. It involves reviewing of the economic, market and political factors, which influence the development of any industry (E. Dobbs 2014). The report highlights the concept of industrial analysis taking Time out Caf into consideration. Industrial development can get highly influenced by the suppliers and buyers power, the competitors condition and the new entrants in the market (Rothaermel 2015). The report throws light on the detailed analysis of industrial rivalry, barriers, bargaining power of the consumers and suppliers and substitute products. It further includes the strategies and processes to gain competitive advantages, including cost leadership, differentiation strategy, e business, sustainability strategy and others, which influence the industrial growth and progress. Industry analysis Industry analysis includes Porters five forces analysis which is an important tool for the business strategists. It is basically based on certain observations of the varying profit margins between the industries which influences the industrial structure. It determines an industrys attractiveness. It also gives a brief idea how a company operates and what are its strategies. This section of the report describes the competitive forces of any industry (Dobbs 2012). Industry rivalry It denotes the degree of the competition among industries and existing firms. The intensity of the rivalry among various competitors of any company refers to an extent through which the firms within a company pressurize one another; as a result, it limits there profit potential. Competitors often try to steal market and profit share from each other. This, in turn, reduces the potential of profit for all the firms within an industry. As far as Porters five forces framework is concerned, the rivalrys intensity shapes the industrys competitive structure, as it influences the existing firms ability to achieve profit (Lee, Kim and Park 2012). High rivalry intensity means the competitors are targeting the markets of each other and pricing the products aggressively. The strengths of Time out Caf is its packaging, food quality, price, situated at a suitable place and its delivery service. It encourages diversity and is equipped with high technology which is loved by people. It provides a fri endly environment to its customers and staffs. Moreover, it is expanding its strategies through online delivery and building loyalty among the consumers. It is lowering the prices of its products indirectly via more deals and combos which will lure them to buy more products (Perdana, Roshetko and Kurniawan 2012). Barriers to entry It refers to some obstacles or high startup costs which prevent the new competitors to enter the industry easily or the business area. It is beneficial for the firms that already exists and operating as it protects the companies being affected from new entrants. The common barriers are special benefits of tax, patents, customer loyalty, brand identity and high switching costs of the customers. The Time out Caf has strong customer base and well brand recognition. The caf has a strong presence in the social media, which helps it compete with the new entrants in the marketing (Grandori 2012). Bargaining power of consumers According to Porters Forces the power of the buyer can directly shape the structure of competition of an industry. It refers to the consumers pressure on getting them high quality products at lower prices. Strong buyers pressurize the sellers to lower the prices of the products and offer them better and more services at a lower price. It hampers the competitiveness of an industry and the profit making potential. The Time out Caf has a strategy of attracting the consumers while gaining profit at the same time. It created various deals like combo packs and others which lure the consumers to purchase items from them. It will also save the consumers money and lessen their bargaining power (Zhao et al. 2016). Bargaining power of suppliers The strong presence of the powerful suppliers lessens the profit of any industry. It increases competition within the industries by indirectly threatening them to raise the prices or reduce the products and services quality. It reduces the profitability where the companies cannot recover the increase of costs. The Time out Caf is controlled by the market and thus, in order to mitigate the risks must reduce the suppliers power by making and designing their own products. It can also take over its retail distribution power (Grandori 2012). Substitute Products The industrial threats of substitute product refer to the competitors product which the consumers can buy instead of their own industrial product. It basically refers to the substitute product which offers the same benefits to the customers. In many cases, the substitute products prices are cheaper which increases the risk factor of the industrial product. The competitor of Time out Caf lowered their prices which ultimately dropped the cafs sale. Their strategy was different, as they didnt raise their products prices; rather they introduced new deals and combos over their products to entice their customers. This increased their sales and customer base. Moreover, the caf provides fast broadband internet for their staffs and customers, which helps them compete with the substitute market products (Dobbs 2012). Strategies and Process to Gain Competitive Advantage: Focused Differentiation Strategy: According to Porter, there are two of the basic management market competition theories that can be directed to the new entry business. He has identified three nonspecific business strategies. These are: Cost Differentiation Leadership Focus Differentiation According to Porter, focused differentiation strategy can be defined as the process of targeting small group of customers who are differentiated in terms of behavior, demography and other segments. This is closely associated to market segmentation. Focused differentiation strategy comprises of the understandings of customers loyalty, high margins, limited competition and customer awareness. As a matter of fact, this needs to be taken into certain consideration pertaining to the effective understanding of the process that would focus on the generic conceptualization of how business is performed in a new market through profound understanding of the customers buying nature. In this context, it can be stated that the caf has created a product or service that is perceived by the customers as being unique in the industry. In this case the basic advantage lies in this fact that in most of the cases there has been a proper understanding of the case that would focus on the entire understandin g with its effective nature. As a matter of fact, the most interesting fact pertaining to the creation of unique product has been dependent on the quality it was supposed to provide to the customers. In terms of focused differentiation it can be stated that it has focused on the limited part of the market. The caf did not focus on broader understanding of the market in huge margin; rather it has only concentrated into the local market where it could become a solid threat to the other competitors. Focused cost Leadership Strategy: As discussed by Porter, focused cost leadership strategy needs competition that is based on the price of the product offered in the market. As a matter of fact, this has been taken into certain consideration, pertaining to the effective cost management of the products or services the caf offers in the market. From the SWOT analysis, it has been identified that in most of the cases there has been a thorough understanding of the process that was highly effective in terms of creating the basic focus with the entire case such as the basic understanding of the issues. In this case a narrow market is focused and the cost is delivered and structured on the basis of that particular narrow market. The caf has maintained moderate price in the market thus attracting greater number of the local customers. Cost Leadership Energy: In this context an effective and succinct definition needs to be developed. Since this has been taken into certain consideration pertaining to the effective understanding of the process, it needs to be focused on the entire case. Cost leadership is a term that is defined through the conception of the company that projects itself as the cheapest manufacturing without compromising the quality of the product or service it provides in the market. The cost leadership energy is derived from the procurement of resources that the caf has developed through maintaining strong contract with the local suppliers thus cutting the cost behind production. Total Quality Management: According to the scholars, total quality management confirms the consistency of a company in the product or services offered by the company. With its four components such as planning, quality assurance, quality control and quality improvement the companies strategize their business performance for capturing the market. the caf does not only focus on the improvement in the quality of the service and product it provides to the customers, but it also strives to maintain quality management through proper communication channel between the company and the external stakeholders. E-Business strategy: Big-commerce has become an important stage in the maintaining process of the business. In terms of new entry technological intervention plays an important role for the success of the business. As a matter of fact, this has been taken into certain consideration pertaining to the effective understanding that there is a clear chance for the entire understanding of the process. E-business ensure competitive advantage through the ease of the customer dealing and accounting quantification process. Sustainability: Business sustainability such as community build-up and environmental sustainability is one of the key strengths for a business to excel in the future business. Corporate social responsibility becomes obligations for the new entry business. As a matter of fact, this has been taken into certain consideration pertaining to the effective understanding of the cases pertaining to the entire case that was highly motivating in terms of maintain balance. Conclusion: From the aforementioned discussion it can be concluded that new business entry needs a focus that is channelized through the conceptual understanding of the industry. With the help of the industrial analysis it needs to be taken into certain consideration pertaining to the effective understanding of the process that would create an effective mindset in the focus leadership and quality management lessons. References Dobbs, M., 2014. Guidelines for applying Porter's five forces framework: a set of industry analysis templates.Competitiveness Review,24(1), pp.32-45. Rothaermel, F.T., 2015.Strategic management. McGraw-Hill Education. Lee, H., Kim, M.S. and Park, Y., 2012. An analytic network process approach to operationalization of five forces model.Applied Mathematical Modelling,36(4), pp.1783-1795. Perdana, A., Roshetko, J.M. and Kurniawan, I., 2012. Forces of competition: smallholding teak producers in Indonesia.International Forestry Review,14(2), pp.238-248. Grandori, A. ed., 2012.Interfirm networks: organization and industrial competitiveness. Management. Zhao, Z.Y., Zuo, J., Wu, P.H., Yan, H. and Zillante, G., 2016. Competitiveness assessment of the biomass power generation industry in China: A five forces model study.Renewable Energy,89, pp.144-153. Dobbs, M.E., 2012, January. Porter's five forces in practice: Templates for firm and case analysis. InCompetition Forum(Vol. 10, No. 1, p. 22). 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