3. Discuss how the two primary value-chain activities below could create value for both the Ryanair Holdings business and its customers:
a) Operation
Operations include all activities associated with transforming input into the final product. In order to create value for both the Ryanair Holdings business and its customers are to keep it operation efficient and to remain focus on low cost.
Ryanair must hire skilled employee in order to ensure the operation was done efficiently without any issues arise. For example, flight attendance should have good communication since their job is to ensure the passengers’ needs are fulfill. If the flight attendance does not have good communication or skill in handling the passengers, this issue arise such give bad impact on the Ryanair image according to unsatisfied customers on the services provided. Other than that, Ryanair also should send their employee to go under training so they can enhance their skills and knowledge especially to the newbie. Besides having skill employee to make operation efficienlyt,
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The faster the better has made the customer satisfied. Ryanair should ensure to punctual in the flight schedule and avoid any flight delay that can cause the customers dissatisfied with the services except something unavoidable such bad weather. Furthermore, Ryanair also could create a sense of place in order to make the customers anticipation about their destination and help them reminisce about a place they were in. By doing this will create customer loyalty and associate Ryanair with positive emotion experience as well as improve customer satisfaction. Other than that, Ryanair also should build close relationship with their customer by using social media to get their feedback and also opinion. The management could improve on what area that needed in order to fulfill customer
Mother, whoever can get 25% off most John Lewis products and 15% in Waitrose and there are half price theatre, concert tickets, subsidies for whatever educational or leisure course they want to follow and a raft of sabbatical and extended leaves possibilities. It is not easy to find an unhappy John Lewis partner, despite the fact that they stay with the company twice as long as the industry average, because if anyone is unhappy about something, they have a responsibility to do something about it. Which brings to the man who invented the John Lewis model, Born in 1885,John Spedan Lewis was a radical with the means to do something about it, there were plenty in the early 20th century (and for that matter, now) who believed. Like him that the
Having a good customer satisfaction will help increase their customer base, which will increase revenue and allow more profit and this will give the business a good name and reputation. Customer satisfaction means the level of how pleased your customers are. Tesco ensures they have great customer satisfaction by training their employees to the best
However, in the recent years, Ryanair keep changes and make a development on its brand image and made a lot of efforts to attract more customers and use the past bad experienced to teach them to become better in future. After Ryanair faced all the challenges in the airline business for many years, it is managed to become a biggest low-fares airline in the Europe and use the low fares as a competitive advantage of Ryanair. In this report, we are required to perform a SWOT analysis, evaluate four criteria of sustainable competitive advantage, discuss the two primary value chain activities which are operation and sales and marketing, and finally we need to discuss the impact of two external environmental factors that challenge Ryanair company to remain competitive in the airline industry. 1.
Decentralization and the expansion of a larger portfolio through its proposed partnership will improve branding awareness and customer satisfaction. Competition from various airlines offering less generous terms and conditions of employment will be a tough challenge as it may arouse with several negative reactions from employees. Green technology investment is another huge challenge due to current financial instability. The organization will need the execution of change to set aside budget to compete in technological investment. 2.2 Internal drivers of
Delta's mission is the " Worldwide Airline of Choice" and their strengths lies in their competitive edge of Delta's people, customer service as the cornerstone of their company, a strong route system, outstanding operations and fleet and ethical actions. Delta's vision builds on Delta's in sustained profitability comes to the opportunity for growth with advancement and the pride with an exceptional business organisation. Delta has a Success Through Service training of this competitive advantage. Delta had led the industry with customer satisfaction ratings, providing passengers with consistent, high-quality flying experience. Since 1971, Delta has maintained the best overall record of passenger satisfaction of any major U.S airline per 100,000 customers
During the 2011, Ryanair have decided to decrease the airfare rate as a lower cost airline, but the controversy started when they started charging passengers for various reasons that are not necessary. The passengers concluded it as the cheaper but not cheerful airline. Ryanair charged extra for the name change on the passengers boarding pass, a boarding pass fees, excessive luggage fees per kilo, credit card use fees of the total amount, a checked musical instrument fees, a reserved seat fees, and the charges for a water bottle that requested by the passengers. Besides that, Ryanair also happened very often in poor customer service, hidden credit card charges, frequent delays the flights, and extra payments for fees or taxes. Nevertheless, the main controversy was caused by the charges where happened inside the cabin of the plane.
The teams processing the information for the customers for the service provided were contacted by the customers to assist them in making payments. Knowledge The knowledge about the buying criteria of the consumer and that there was greater opportunity for the differentiation strategy implemented based on the quality and the services offered for customers. Mike was also able to establish the fact that his relationship was not too smooth with the managers of the
One of the fundamental points of interest of the balanced scorecard is capacity for representatives and supervisors to see the relationship between their own execution assessment and money related measures identified with the authoritative objectives. Activity based costing system: To be fruitful in business operations, each organization needs to synchronize its exercises and forms with the corporate statement of purpose, being steady in conveying the item. Southwest Airlines advances itself as an on-time, ease supplier of air travel, conveying the guaranteed essential services to the clients. Organization successfully adjusts its authoritative structure and every single related operation on giving these purchaser services on the reported mission and objectives. Therefore, Southwest Airlines is the best minimal effort supplier of air travel in the United States.
It would aim at establishing a strong customer lifetime value. It would also search for new markets in other
One of their key strategies in meeting this goal is a focus on customer service in order to create an experience for its consumers. Another one of their strategies is to ignite their emotional attachment with consumers. They also have
The value chain analysis indicates the firms that strive to create superior products or services through focused differentiation strategy. To ensure the activities are tailor to the strategy Value Chain is used. How each activity generates value and linked to the strategy in UFS? Table 4: Value Chain Analysis Primary Activities
Superior quality and innovation are important to achieving superior customer responsiveness. The ability to satisfy the needs of your customers will allow for your company to stay ahead of your rivals. Customers will be more likely to choose a company if they feel like their voice or opinion is being heard. Another part of this building block is the customer response time. Customers want their products quickly, so ability to deliver the product or service at a quicker rate is important.
To be sucessful in this industry we need a lot of and loyal customers. The loyal customers will keep coming back to the same place if they satisfied through the place they have visited. Customer loyalty give the most important impact towards hospitality and tourism industry. “Hospitality refers
Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka. It was started in the year 2007. In its formative days Flipkart mainly dealt with books but now, it has expanded to electronic goods and a variety of other products. Primary categories of products sold at Flipkart are: • Books • Mobiles & Accessories • Computers • Home and Kitchen • Personal and Health Care • Gaming • Watches and Fragrances • Music and Movies • Stationery Some other facts about Flipkart are • It has 2,000,000 registered users • 8,000,000 customer visits every month.
Consequently, Ryanair in order to efficiently handle thousands of passengers daily it is necessary to use highly standardised services (Barnes, 2008, p.189). Additionally, Ryanair chooses to operate mass services process aiming to achieve economies of scale in order to maximise the margins. Figure 1 – The Service Process