THEORETICAL FOUNDATIONS OF COMPETITIVE DEVELOPMENT MANAGEMENT DESIGN IN THE RESTAURANT BUSINESS
DOI:
https://doi.org/10.31891/mdes/2022-6-33Keywords:
competitive development, restaurant business, management mechanism, strategic planning, resource optimization, model-based frameworkAbstract
This article explores the formation of a model-based framework for managing the competitive development of restaurant enterprises. The relevance of this study is driven by the necessity to formalize managerial decision-making processes in the restaurant business, which operates in a highly competitive environment characterized by dynamic shifts in consumer preferences. The research methodology is founded on a systems approach to managing competitive development and incorporates mathematical modeling, multi-criteria optimization, time series forecasting, and scenario analysis. The study proposes an integrated system of interrelated mathematical models encompassing competitive environment analysis, demand forecasting, assortment and pricing optimization, efficient resource and personnel allocation, and strategic planning. The model-based framework consists of five key components. The first component involves a competitive position assessment model based on an integral indicator that accounts for pricing policy, service quality, reputation, and establishment location. The second component provides demand forecasting that considers seasonality and multi-channel sales dynamics using time series models. The third component optimizes the assortment and pricing strategy by incorporating dish complementarity to maximize profitability. The fourth component focuses on the optimal allocation of resources and personnel in alignment with projected demand. The fifth component facilitates a multi-criteria selection of strategic development scenarios. The study considers the restaurant business's specific characteristics, including the impact of seasonality, reputation factors, the simultaneous presence of multiple sales channels, and the diverse reactions of competitors. The developed models enable the formalization of management processes while ensuring adaptability to market fluctuations. The proposed model-based framework creates a comprehensive decision-making mechanism that enhances competitiveness and fosters the sustainable development of restaurant enterprises. The suggested models facilitate resource optimization, improve service quality, and strengthen the competitive positioning of establishments.
References
Voronkova A. E., Kalyuzhna N. G., Otenko V. I. (2008) Upravlinski rishennya v zabezpechenni konkurentospromozhnosti pidpryyemstva: organizatsiynyy aspekt [Managerial decisions in ensuring the competitiveness of an enterprise: organizational aspect]. Kharkiv: VD "INZHEK". (in Ukrainian)
Ivanov Yu. B., Pylypenko A. A. (2012) Integratsiynyy rozvytok sub’yektiv hospodaryuvannya: teoretychne obґruntuvannya ta organizatsiya upravlinnya [Integration development of economic entities: theoretical justification and management organization]. Kharkiv: VD INZHEK. (in Ukrainian)
Konkurentospromozhnist pidpryyemstva: otsinka rivnya ta napryamy pidvyshchennya [Competitiveness of an enterprise: assessment of the level and directions for improvement]. (2013) Ed. O. G. Yankova. Odesa: Atlant. (in Ukrainian)
Konkurentospromozhnist pidpryyemstva: otsinky ta stratehiya zabezpechennya [Competitiveness of an enterprise: assessment and strategy of ensuring]. (2006) Ed. V. A. Pavlova. Donetsk: Vydavnytstvo DUEP. (in Ukrainian)
Nechayuk L. I., Telesh N. O. (2003) Hotelno-restorannyy biznes: menedzhment [Hotel and restaurant business: management]. Kyiv: Tsentr navchalnoyi literatury. (in Ukrainian)
Potyomkin D. M. (2017) Formuvannya napryamiv innovatsiynoho rozvytku pidpryyemstv hostynno-restorannoho hospodarstva [Formation of innovative development directions of hospitality and restaurant enterprises]. Ekonomika ta pidpryyemnytstvo, no. 4–5(97–98), pp. 25–29. (in Ukrainian)
Rayevneva O. V. (2006) Upravlinnya rozvytkom pidpryyemstva: metodolohiya, mekhanizmy, modeli [Enterprise development management: methodology, mechanisms, models]. Kharkiv: VD "INZHEK". (in Ukrainian)
Ivkov M., Blesic I., Simart K., Demirovic D., Stefanovic V. (2016) Innovations in the restaurant industry – an exploratory study. Economics of Agriculture, no. 4, pp. 1169–1186. (in English)
Kuo N. T., Chang K. C., Cheng Y. S., Lai C. H. (2011) The impact of service quality, customer satisfaction and loyalty in the restaurant industry: moderating effect of perceived value. International Conference on Quality and Reliability, Bangkok, pp. 551–555. (in English)
Porter M. E. (1998) Competitive Advantage. Creating and Sustaining Superior Performance. New York: The Free Press. (in English)
Prahalad C. K., Ramaswamy V. (2004) The Future of Competition: Co-creating Unique Value with Customers. Brighton: Harvard Business Press. (in English)
Sanchez J., Gutierrez A., Gaytan J., Garcia E. (2011) Corporate social responsibility and competitiveness in the restaurant industry in Guadalajara. Competition Forum, no. 9(1), pp. 138–143. (in English)
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Олексій КОТОВ

This work is licensed under a Creative Commons Attribution 4.0 International License.