BIS Data Analysis Report: Business Innovation and Skills Analysis

This report presents an analysis of Business Innovation and Skills (BIS) data, focusing on regional business performance and strategic growth opportunities. The study compares two regions, examining the need for external assistance, the impact of external information, and factors influencing business growth. Key themes explored include the benefits of external information on sales and marketing, strategies for increasing output and sales turnover, and the importance of market share growth and product diversification. The analysis reveals that a majority of respondents believe external assistance is beneficial, particularly in areas like sales and marketing. Furthermore, the report emphasizes the significance of increasing sales turnover, market share, and diversifying product offerings to achieve business objectives. The findings suggest that companies should leverage external resources and implement strategies focused on sales, marketing, and market expansion to enhance financial performance and brand image.

BIS DATA ANALYSIS

Table of Contents
INTRODUCTION......................................................................................................................2
MAIN BODY.............................................................................................................................2
CONCLUSION........................................................................................................................19

INTRODUCTION
Business Innovation and Skills is consider the growth department of the company
such that this department help the company to invest into the skills and education in order to
promote the business as well as boost the innovation within a business. In the same way,
current study main aim is to determine the ways through which the firm is able to meet the
define aim and by developing new and innovative business strategy, it is easily meet the
define aim as well. Thus, the current study is based upon the primary research through which
two regions are compare in order to determine the views of different respondents. Through
this study, company also determine the way through which the business may easily develop
at further level.
MAIN BODY
Theme 1:Business need any external assistance or information to run a business
Southeast Region:
Q4_3B_1 Total %
Yes, definitely describes 60 55%
Yes, describes to some extent 16 15%
No, does not describe 27 25%
Don't know 6 6%
Grand Total 109
Q4_3B_1 Yes, definitely
describes Yes, describes
to some extent No, does not
describe Don't know
0
10
20
30
40
50
60
70
0
60
16
27
6
Chart Title
Series1 Series2
Northwest Region

Q4_3B_1 Total %
Yes, definitely describes 42 60%
Yes, describes to some extent 14 20%
No, does not describe 13 19%
Don't know 1 1%
Grand Total 70
Yes, definitely
describes Yes, describes to
some extent No, does not
describe Don't know
0
5
10
15
20
25
30
35
40
45
42
14 13
1
Chart Title
Total %
Interpretation: In accordance with the above table, it is interpreted that majority of the
respondents are clearly state that external assistance will help the company to meet the define
aim and objectives. Such that in the Southeast region, respondents state that yes it helps to
run a business. Like, out of 100%, 55% of them are highly agree, while 15% of them state
that they describe to up to some extent. On the other side, 25% out of 100% state that no, it
doesnot describe such. On contrary, it is stated that in Northeast region, 60% of total
respondents are highly satisfied that external assistance will help to run a business while 20%
of them state it describe up to some extent, while only 1% of them state that they don’t know.
Overall, it is stated that in both region, the views are same, that is why, it is reflected
that when the company start new business, It must an information from the external
assistance in order to run a business and take a decision as well.
Theme 2: External information that assist business
Southeast Region:

Q4_5B
Tota
l
Developing
and growing
the business 12
100
%
Grand Total 12
5
Chart Title
Q4_5H Total
Northwest Region
Q4_5B
Tota
l
Developing
and growing
the business 5
100
%
Grand Total 5

5
Chart Title
Q4_5B Total
Interpretation: In accordance with the above table and graph, it is interpreted that majority
of the respondents are clearly stated that developing and growing a business is consider one
of the best way that help to grow a business. Such that in Southeast region, 100% of them are
agree while in Northeast region, most of the employees are highly agree. Thus, it is stated
that external information will help the business to meet the define goal and objectives such
that through effective research question, developing and growing the business is consider the
best way that help the company to run in effective manner.
Theme 3: Issue which benefitted the company from external information
Southeast Region:
Q4_5H
Tota
l
Sales and
Marketing 7
100
%
Grand Total 7

5
Chart Title
Q4_5H Total
Northwest Region
Q4_5H
Tota
l
Sales and
Marketing 5
100
%
Grand Total 5
5
Chart Title
Q4_5H Total
Interpretation: Through the above table, it is interpreted that majority of the respondents are
state that sales and marketing is consider an issue which benefitted the company from
external information such that in Southeast region, majority of the people state the same
while in Northeast region, the respondents are also state the same. Thus, it can be interpreted
that if the company wants to grow the business, they it has to collect information through

external which in turn assist to increase sales and marketing. Therefore, through the above
table, it is analyzed that in both region, the answer is same and that is why, it can be essential
for the firm to make sure that it uses the best and effective way that helps to grow the
business and also manages the business as well.
Theme 4: Ways that help to grow the business.
Southeast Region:
Q5_2A Total %
73
Output/ sales
turnover
100
Grand Total 73
Output/ sales turnover
0
10
20
30
40
50
60
70
80
73
Total
Northwest Region
Q5_2A
Tota
l
%
Output/ sales
turnover 28
100
%

Grand Total 28
Output/ sales turnover
0
5
10
15
20
25
30
28
Total
Interpretation:Through the above table it is easily analyzed that in order to grow the
business, there is a need to make sure that the sales turnover of the firm is also
increasesTherefore, it can be stated that majority of the respondents are highly agree that the
in order to grow the business, there is a need to make sure sales in high and this in turn assist
to increase the define aim and objective. As from the table of Southeast region, it is analyzed
that 100% of the respondents are highly agree while, in the Northwest region majority of the
respondents are highly agree with the same. Therefore, it is stated that company main aim is
to increase the output and sales market of the business which in turn help to meet the define
aim. Such that when the company’s sales is increases, it will help to enhance the financial
performance of the company in better manner and this in turn assist to increase the brand
image of the firm as well.
Theme 5: Ways to grow the business
Southeast Region:
Q5_2C
Tota
l
%
Market Share 23
100
%
Grand Total 23

Q5_2C Total
0
5
10
15
20
25 23
Chart Title
Series1 Series2
Northwest Region
Q5_2C
Tota
l
Market Share 28
Grand Total 28
Total
0
5
10
15
20
25
30
28
Market Share
Interpretation: In accordance with the primary research, it is analyzed that majority of the
respondents state that company main aim is to increase the market share which directly help
to enhance the market share as well. Further, in the Southeast region, it is interpreted that
majority of them state that market share is the main aim of the company, while on the other
side, in Northwest region, majority of the respondents I.e. out of 100%, 100% of them are

highly agree that increase the market share will assist to meet the define aim. Thus, as per the
views from both the side, it can be stated that majority of the respondents are highly agree
that the company’s main aim is to increase the market share and that is why, it is necessary
for the firm to make sure that it in order to increase market share there is a need to develop
best and effective strategy which assist to raise the brand image as well.
Theme 6: Ways that help to improve the business
Southeast Region:
Q5_2G
Tota
l
%
Diversify /
new products /
range /
services
1
100
%
Grand Total 1
1
Chart Title
1 2
Northwest Region
Q5_2G
Tota
l
%
Diversify /
new products /
range /
services
2
100
%

Grand Total 2
2
Diversify / new products / range / services
Total
Interpretation: In accordance with the above table, it is interpreted that most of the
employees are highly agree that the company main aim is to increase the market share and
along with this, it is quite necessary for the company to diversity its market by introducing
new product within its business area, so that it will attract the range of new customers.
Through the image and table, it is interpreted that in Southeast region, 100% respondents are
stated that diversifying the service andadding new product to the customers in consider the
best way to grow the business. On the other side, as per the Northwest region, it can be
interpreted that 100% of the respondents are highly agree that providing range of product and
services to the customers in consider one of the best way that help to meet the business aim
and objectives and this in turn assist to meet the demand of the company as well.
Overall it is examine that by offering new product and services to the customers, it
will be easy for the company to meet the range of customers and this in turn help to enhance
the financial position of the company as well. Therefore, this can be stated that majority of
the company should use this strategy in order to meet the define aim with the define deadline
and grow the business to further level of success as well
Theme 7: Majority of the respondents state that there is no need to obtain the external
assistance to obtain strategic advice for grow the business
Northwest region