The future of work requires human resources to evolve, shifting from a siloed function to a boundaryless discipline integrated with the people, businesses, and community it serves.
Employees are the biggest value creators and value destroyers for most organizations. Here?s how to identify and enhance the role your employees play in the value creation process.
Franchise businesses are an essential and growing part of the U.S. economy, accounting for nearly 800,000 establishments, 9 million jobs, and $800 billion in output annually. The importance of franchising is particularly evident in hospitality. Hotel and restaurant companies often use franchising to expand faster than would be possible through company ownership alone.
A June 2013 Local Consumer Review Study reveals that 79 percent of consumers trust online reviews as much as personal recommendations. Findings from the study suggest 'more consumers are reading reviews as part of their pre-purchase research before selecting a local business to use.'
Benchmarking is the process of comparing one's business processes and performance metrics to industry bests and/or best practices from other industries. Dimensions typically measured are quality, time and cost. Improvements from learning mean doing things better, faster, and cheaper.
As companies carefully watched their budgets in 2010, many were reluctant to send their employees on planes, trains and automobiles.
Studies of three successful human resources strategies show the importance of a consistent application of human resources innovations.
Recognizing the growing demands of the hospitality professional and their need to develop new skill sets, Hospitality Financial and Technology Professionals (HFTP®) is once again hosting the HFTP Development Conference. The conference, held March 14-15 at the Green Valley Ranch Resort in Las Vegas, Nev., offers quality education and networking that emphasizes technology, human resources and leadership development.
As earlier mentioned in other articles, the Experiential Hospitality is becoming more and more one of the tools which mostly influence the differentiation and positioning of hotels in the international market. The number of tourists traveling in search of experiences that make them live emotional, unique and unforgettable moments is growing every day.
With the ongoing turbulence facing our industry and global economies, the responsibility to find the time to 'think' has become even more critical. The regrettable propensity for knee jerk responses is evident if one watches the daily rise and fall of global stock market prices, as companies and industries are substantially devalued for reasons that have little to do with the actual company's quality or performance.