Innovation And Design - Stay Cation

Innovation And Design - Stay Cation

Introduction

With the increase in globalization, the competition around the world has been increased. The businesses are spread all around the world and the increased in competition has lowered the profit margins of the companies. There are number of companies operating in the same industry and thus giving the tough competition and the tough challenges to each other companies in the industry. The increased in competition has given the rise to the need of doing something innovative and creative in the industries that can give the concerned companies the greater competitive advantage and the largest profits margins (Dodds W. B., 1999). The customers in the market environment require something new that can benefits them and can satisfy their needs and requirements in better way (Schneider, B. and Bowen, D.E., 1999). The increase in competition has decreased the quality of services being provided by the companies. The decreased in qualities has made the customers unsatisfied with the products and services, therefore there is the need to create something innovative and new for the customers (Martin Z., 2010). This will provide the initiative companies the great benefits and the competitive advantage as well as the competitive advantages in the industries.

To create innovation, the company requires designing various types of models. These models allow the companies to design the innovative designs; it allows the companies to analyze the costs that will be associated with the serving of innovative thing, the implementation of the systems in order to develop the innovative things (Parasuraman, A., Zeithaml, V.A. and Berry, L.L., 1985). The innovation of the product or service requires the companies to develop the distinctive processes and the management strategies and policies for the implementation of better technologies and models that results in the innovative and creative production of the product or services (Phipps, S., 2001). The following section aims at discussing the innovative service to clients as well as the development of the innovative designs and models for the serving of unique service to the clients in the markets.

Discussion

The unique and innovative idea for the serving of the unique service considers the people who spent their time of vacation in their homes. Vacations are for the people to make them relax and stress free from their daily routines. Most of the people go to outside the state or countries for spending their vacations in better way, whereas some people cannot go due to many reasons. The financial factor is one of the major reasons behind this (Graeme K., Linda W., Javier H. and Francisco D., 2005). The other reasons involve the management of the house during the vacations etc. Some people like to give their home proper time in order to re-manage the things that are disturb in their homes during the working time periods. The spots are usually not available near the homes of the people therefore the people usually prefer to spend their vacations in their ...