Study on Strategies for Improving the Core Competitiveness of Beijing VANKE Pension Apartment in China

Last modified: September 3, 2022
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Project Title: Study on Strategies for Improving the Core Competitiveness of Beijing VANKE Pension Apartment in China
Author: Ms. Liu Ningning
Advisor: Dr. Zhang Li
Degree: Master of Business Administration (International Program)
Major: International Business Management
Faculty: Graduate Schools
Academic year: 2022
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Published:

Conference
Conference Proceedings
National and International Academic Conference “Empowering Innovtion and Sustainability in the Next Normal” 27 November 2021

Citation

Liu, Ningning. (2022). Study on strategies for improving the core competitiveness of Beijing VANKE Pension Apartment in China. (Master’s independent study). Bangkok: Siam University.


Abstract

Aging population has become a health problem that cannot be ignored in China. The imbalance of the supply and demand structure of the elderly service market and the uneven distribution of medical resources affect the quality of life of the elderly in the new era. A single pension institution or medical institution can no longer solve these problems, and now a new pension model has emerged, a combination of medical care and nursing. With rapid transformation of pension institutions and the aging population market in China, these institutions need to actively explore and improve their core competitiveness in order to maintain a competitive advantage in the changing market, and provide better services to the market. This paper used Porter’s Five Forces model and PEST analysis method to analyze the core competitiveness of Beijing VANKE Pension Apartment in China. The presented strategies to effectively improve the competitiveness were: 1. Optimize the industry culture system, enhance the consistency and cohesion of enterprise services; 2. Improve enterprise leadership and core team professionalism; 3. Improve customer satisfaction by improving and perfecting the evaluation system; 4. Pay attention to corporate image, strengthen brand promotion; 5. Focus on innovation and establish an ecological elderly care service system.

Keywords: elderly service, core competitiveness, nursing, Pension Apartments.


Study on Strategies for Improving the Core Competitiveness of Beijing VANKE Pension Apartment in China

Master of Business Administration (International Program), Siam University, Bangkok, Thailand

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