Management Report on Q-Bot: Analysis of Resources, Capabilities, and Macro Environment

This management report provides an analysis of Q-Bot's resources, capabilities, and macro environment. It discusses the company's vision, core business, and the impact of political, economic, social, and technological factors. The report also includes a Porter's Five Forces analysis.

Management report

Table of Contents
INTRODUCTION...........................................................................................................................1
Main Body .....................................................................................................................................1
Company's vision, its main product/ services and company operates in (Covered in PPT).......1
Identification of company's resources and capabilities (Covered in PPT).................................1
Company's core business and analysis of its macro environment ..............................................1
CONCLUSION................................................................................................................................3
REFERENCE ..................................................................................................................................4

INTRODUCTION
Every organisation is required to manage the activities and business performance in order
to increase profitability. The aim of company is to manage activities and operations effectively
so goals can be achieved effectively. There is needed to have good command on vision and
mission so objectives can be performed effectively. To understand about how to manage and
operate a business successfully and environmental factors that occurs in business q-bot has been
selected that is technology based company provides robotics underfloor insulation services to
homeowners and landlords (Gifford and et. al., 2019). This organisation uses new technology by
applying insulation with minimal disruption which reduces heat losses. This organisation is
operation its business successfully by understanding demand of people and provide them kind of
products. Report discusses about focus on industry which is relevant to the company's core
business and identification of company's resources and capabilities.
Main Body
Company's vision, its main product/ services and company operates in (Covered in PPT)
Identification of company's resources and capabilities (Covered in PPT)
Company's core business and analysis of its macro environment
The core business means area or activity which is founded by a company in order to
focusses on its business operations. The core business of q-bot is to use robotics and AI for
inspecting, monitor and maintaining the health of buildings and infrastructure. To use new
technology for addressing the opportunity that can see in the built environment. This helps to
make journey good by doing underfloor insulation.
Macro environment – This is consider as a condition that exists in economy as a whole
rather than a particular region. It involves various factors that has impacted on business whether
positively and negatively. The macro environment analysis in context to q-bot business are as
defined:
Political- This factor is related to political stability, government regulations, stability and
tax rates in a nation that can affect a business. Q-bot is managing and operating a business
successfully because UK's government is stable who maintain constant tax rates that helps to run
a business and adopting technology effectively.
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Economical - The economical factor involves inflation rates, interest rates, employment
rates, GDP and exchange rates that affects the business. The interest rate in UK is less and
constant which helped q-bot business to get loan from institution at low interest and run their
business.
Social- It involves cultural trend, attitudes, lifestyle, demographic factors and income
group of people that needed to focus by organisation for operating business effectively. This
factor might be a challenge for q-bot organisation as demand of people are changing day by day
where other companies also try to provide insulation services according to customers. By
considering this factor operation of chosen organisation can be a challenges that can reduce
profits.
Technological - The needs and wants of people are changing in market who are
demanding new products and services. Herein, q-bot has taken a good place to introduce robotics
and artificial intelligence that helped to operate a business independently. With the help of new
technology organisation becoming able and automating to perform well in competitive
environment.
Therefore, from the above discussion it has analysed that, this is important for q-bot to
focus on macro environmental factors that can help to understand which factor can affects
operation and management negatively. Wit the help of this managers be able to face challenges
and run all activities effectively.
Porter's five forces: This model identifies the opportunities and weakness of
organisation by using forces that helps to maintain the profitability and productivity. This model
is using by q-bot organisation in order to analyse environment and getting competitive
advantages by operating business such as:
Competitive rivalry: This means competitive organisation are available in market that
create competition and reduces profitability. In context to q-bot has many competitor such as
Fetch Robotics, Rethink Robotics, Savioke etc, are providing technical services. This can be
threat for q-bot to face the competition. Therefore, manager of such organisation is require to
focus more on technical services and should increase productivity.
Threat of new entrants: q-bot is robotics company that uses robots to spray insulation
under floor with minimal disruption to people's life. In UK, there is no threat of new entrants
because to adopt this technology organisation need to invest huge amounts, time, resources and
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capital which may be success or failed. So this is risky for new entrants that limits them to enter
in to new market (Maduna and et. al., 2019).
Power of suppliers: In context to q-bot the bargaining power of suppliers is high
because in UK there are less suppliers who are providing raw material to run business. So such
suppliers charge high amounts that can be threat of organisation and it reduces profits.
Power of buyers: People are demanding variety of services while constructing their
building which create an opportunity for q-bot to provide them underfloor insulation services.
This organisation is providing different services that attracts customers and they pay extra
amount also (Ko, Liu and Chen, 2019).
Threat of substitutes: In UK, there is low threat of substitution because q-bot is
providing attractive services to the customers which are underfloor insulation which helps to
reduce the heal and provide energy.
Therefore, from the above it has defined that q-bot is using all resources and capabilities
in order to manage and operate business successfully. This organisation is taking competitive
advantages by offering best quality of technical services and increasing performance (Biz and et.
al., 2019).
CONCLUSION
From the report it can be concluded that organisation needed to operate their business
successfully by adopting various techniques and skills. All activities should be manage and
maintain effectively by implementing plans and actions. Moreover, macro environment should
be analysed by using PESTLE analysis. Moreover, Porter's five forces is used to get the
competitive advantages.
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REFERENCE
Books and Journal
Gifford, K.L., and et. al., 2019. IMI–clinical management guidelines report. Investigative
ophthalmology & visual science. 60(3). pp.M184-M203.
Uphoff, N., 2019. Improving international irrigation management with farmer participation:
Getting the process right. Routledge.
Stephenson, R. L., and et. al., 2019. Report of Workshops on integrated management of marine
activities.
Maduna, L. D., and et. al., 2019. Failure of syndromic management due to drug-resistant
Mycoplasma genitalium infection in South Africa: a case report. International journal
of STD & AIDS. 30(5). pp.519-521.
Ko, C. Y., Liu, P.Y. and Chen, P. W., 2019. Successful management of severe acute respiratory
distress syndrome caused by sodium polystyrene sulfonate aspiration: A case
report. Medicine. 98(30).
Biz, C., and et. al., 2019. Conservative management of isolated medial subtalar joint dislocations
in volleyball players: a report of three cases and literature review. The Journal of sports
medicine and physical fitness. 59(10). pp.1739-1746.
Online
About q-bot. 2020. [Online]. Available through:
<https://q-bot.co/about>
(Gifford and et. al., 2019)(Uphoff, 2019)(Stephenson and et. al., 2019)(Maduna and et.
al., 2019)(Ko, Liu and Chen, 2019)(Biz and et. al., 2019)(About q-bot, 2020)
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