Year of Graduation
Research of business models influence on steel and mining companies efficiency
Faculty of Management
After the global financial crisis 2008 profitability in steel and mining industry dropped sharply. Due to these conditions steel and mining companies’ agenda includes item about efficiency increase. Nowadays steel and mining companies are seeking ways to increase profitability and focus on improving its business model in order to realize these ways.The purpose of the study is to discover influence which is exerted by different business models on steel and mining companies’ efficiency. In order to achieve this purpose author set following research tasks which consist of conducting comparative analysis of strategies of steel and mining companies, investigating business models that support these strategies and identifying key profitability drivers.The object of the research is Russian steel and mining companies.The subject of the research is strategies and business models of steel and mining companies.Structure of the paper is determined by the purpose and tasks of research.The first chapter reveals the theoretical foundations of the strategy and the business model which are used in next chapters.The second chapter consists of analysis of Russian steel and mining industry and selection of steel and mining companies for further research. Comparative analysis of strategies and business models of Russian steel and mining companies is conducted in this chapter. The key elements of business models that influence on profitability factors of the companies are determined.The third chapter reveals factors which exert influence on profitability of steel and mining companies. Based on these factors author suggests the model of factor analysis of profit to be implemented. This model examines key points of steel and mining companies` efficiency. Taking into account these aspects will lead to improvement in business planning process.Research finding is confirmation of the impact of business models on steel and mining companies` efficiency by controlling profitability factors.