HR Digest

JANUARY 19, 2023

Malaika Myers: Our industry has evolved and experienced rapid change over the last few years and I’m incredibly proud of the way Hyatt has successfully adapted to this dynamic environment. I have held many Human Resources roles across industries at global companies. What skills do the global HR managers of the future need to acquire?

Diversity 69

Diversity Human Resources Globalization Commitment 69

Strategy Driven

MARCH 20, 2017

People running businesses in the hospitality industry have to work hard to ensure they maintain standards. For the purpose of this post, we’re going to focus on the management of hotels. Use technology to your advantage. Firstly, all hotel managers can make their lives easier by using the latest technology.

Hotels 51

Hotels Reputation Software Advice 51

Marshall Goldsmith

FEBRUARY 8, 2018

Thinkers50 – World’s Most Influential Management Thinkers. Called ‘The Academy Awards of Leadership’ by the Economist, Thinkers50 is the world’s most reliable resource for identifying, ranking and sharing the leading management ideas of our age. Authority on new technology and communication. Non-profit CEOs.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Skip Prichard

JULY 22, 2019

Whether you have invented an amazing new technology or product, you could still fail. He died virtually penniless in a hotel room in New York. and Musk’s approach works well when there is a lot of technological uncertainty (can we build it?). “I I think it’s very helpful to cross-fertilize ideas from different industries.”

Innovation 82

Innovation Social Capital Reputation How To 82

Harvard Business Review

JUNE 13, 2014

It’s used to design and develop just about any product you can think of, from consumer goods to industrial equipment – or any service or experience ranging from retail customer service interactions to luxury hotel stays. But have you thought about the implications of this trend for management practices?

Software 8

Software Industry Productivity Products 8

Skip Prichard

JUNE 18, 2020

Whether you run a solo business out of your home, are the night receptionist at a hotel, or are president of the company, innovation is your competitive advantage. In the age of digital disruption, technology, and dizzying speed of change, the key to success is simply to be more human.” Tamara Ghandour. Tamara Ghandour.

Innovation 101

Innovation How To Competitive Advantage Diversity 101

LDRLB

MAY 26, 2014

I think our principal observation was that what was happening was that disruptive innovations driven by largely information technology but lots of other technologies on the fringe here that are getting ready to exhibit the same kind of characteristics were entering the market in kind of this better and cheaper way.

Early Adopters 60

Early Adopters Rogers Disruptive Innovation Innovation 60

Sales Wolf Blog

AUGUST 30, 2010

SHRM - Society for Human Resource Managment Indispensible for the HR Professional! Maximize Possibility Blog Home Archives Subscribe The Rainmaker Group About The Rainmaker Group Chris Young Biography Contact The Rainmaker Group Get Daily Inspirational Quotes Maximize Possibility Blog The Rainmaker Group Homepage Alltop. License.

Blog 124

Blog Maslow Talent Management Human Resources 124

Strategy Driven

JULY 13, 2011

While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Examines ways to maintain and grow value through mergers, acquisitions, and portfolio management.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

APRIL 18, 2017

Especially in the tech industry. I started a boutique hotel company when I was 26 and, after 24 years as CEO, sold it at the bottom of the Great Recession, not knowing what was next. But I was an “old-school” hotel guy and had never used Airbnb. Management theorist Peter Drucker was famously curious.

Industry 15

Industry Library Hotels Human Resources 15

Harvard Business Review

JULY 10, 2018

There is a crying need for companies to enlist their supply chain management departments in the fight against cyberattackers. If one cannot meet sufficient levels of performance, supply managers should be empowered to end the relationship. Any supplier hoping to conduct business with the industry leaders would have to comply with them.

Supply Chain 8

Supply Chain Management Metrics Hotels 8

Harvard Business Review

SEPTEMBER 21, 2018

Although directors in certain industries are more aware of the threat of disruption, the widespread lack of board-level engagement in innovation processes could be a major blind spot and a potential liability. Still, it’s telling that board members rate their boards better on risk management than on innovation.

Innovation 8

Innovation Short-term Telecommunications Long-term 8

Frank Sonnenberg Online

JUNE 21, 2021

The truth is that many change-management efforts fail simply because the vital human component is underappreciated, when in fact it is at the heart of change. The enemy is poor management of change.” For each of our various stops along the way, we reserved a room at a Howard Johnson hotel. The enemy is poor management of change.

Hotels 125

Hotels Stress Resistance Restructuring 125

Harvard Business Review

JUNE 19, 2017

As more and more companies face disruption from globalization, new technology, and startups that have more capital than the incumbents, the continuing cry from Wall Street investors is, “Why can’t companies be as innovative as startups?” None of the renters pay hotel or tourist taxes.

Company 8

Company Hotels Business Model Drucker 8

Harvard Business Review

SEPTEMBER 3, 2014

That’s bad news and worse management. In pre-Big Data days, for example, a hotel chain used some pretty sophisticated mathematics, data mining, and time series analysis to coordinate its yield management pricing and promotion efforts. Were competing hotels running unusual promotions that screwed up the model?

Hotels 8

Hotels Yield Management Discount Price 8

Strategy Driven

JANUARY 26, 2011

This book will show you, as an employee, customer or partner, how to use new social technologies, make yourself heard, and produce better products and services. As a leader and manager, you’ll learn how to use these tools to harness social interactions to improve your business and to create your own social nation.

Media 67

Media Learning-by-Doing Open-book Company 67

Harvard Business Review

MAY 29, 2017

It wasn’t long ago and, yet, in technology terms, it’s almost an eternity — ride- or hotel-sharing companies didn’t exist yet and the first generation of social media platforms were just hitting the mainstream. Consumer technology and its potential went largely ignored in the enterprise. A young U.S.

CIO 9

CIO Survey Strategic Planning Technology 9

Harvard Business Review

MAY 20, 2016

Before I became general manager of The Beverly Hills Hotel, I held the same position at another luxury hotel up the coast. Later, he privately told me he was thinking of leaving the hotel. The technologies and processes that are transforming companies. And something was wrong. Insight Center.

Operations 8

Operations Hotels Finance Process 8

The Horizons Tracker

JULY 20, 2020

Similarly, some retailers have begun experimenting with Amazon’s Just Walk Out technology, which allows customers to collect and pay for items without requiring a checkout service. Digital transformation of healthcare. It’s a process that has almost vanished during the pandemic. “Much of that is by sheer necessity. .”

Innovation 103

Innovation Govindarajan Short-term Banking 103

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry?

Venture Capitalist 15

Venture Capitalist Software Entrepreneur Engineering 15

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Ever thought air mattresses in living rooms would grow into a billion dollar company that would take on the vacation rental market and the hotel industry?

Venture Capitalist 15

Venture Capitalist Software Entrepreneur Engineering 15

Harvard Business Review

JUNE 22, 2016

Different industries and different business models have always maintained different percentages of these asset types. But all assets are not created equal, especially as the technological landscape changes. Even when these firms rely on physical assets, like cars for Uber, they own the technology, not the physical asset.

Intangible Assets 8

Intangible Assets Business Model How To Intellectual Capital 8

Harvard Business Review

NOVEMBER 22, 2010

Each morning at my hotel I received the China Daily , the countrys main English-language newspaper. Throughout the news and business coverage, the feeling that sustainability is crucial to the future of the country and its industries is palpable. This last article is the one that really grabbed my attention. And on and on. In the U.S.

NGO 14

NGO Chemicals Guidelines Telecommunications 14

Harvard Business Review

OCTOBER 13, 2014

Sharing economy firms are disrupting traditional industries across the globe. For proof , look no further than Airbnb which, at $10 billion, can boast a higher valuation than the Hyatt hotel chain. chain restaurant industry. Uber is currently valued at $18.2 billion relative to Hertz at $12.5 billion and Avis at $5.2

Business Model 8

Business Model Hotels Venture Capitalist Transportation 8

Harvard Business Review

JANUARY 31, 2017

Since their founding less than a decade ago, Uber and Airbnb have wrangled with regulators, challenged the taxi and hotel industries, earned extraordinary valuations from venture capital investors — and fundamentally transformed the way people think about urban transportation and travel. These companies had to do something.

CEO 8

CEO Hotels Venture Capitalist Storytelling 8

Harvard Business Review

JULY 16, 2013

Then it created a model containing the dimensions critical to a high-performing board, from functional and industry expertise to behavioral attributes. Directors named industry knowledge, strategy, and financial-audit expertise as their strongest skill sets. We also looked at results by industry and region.

Telecommunications 8

Telecommunications Biotechnology Health Care Real Estate 8

Harvard Business Review

JUNE 8, 2015

Indeed, through any one airline, customers can have access to thousands of organizations across a spectrum of businesses such as hotels, rental cars, vacation resorts, cruises, and restaurants. The management of shared assets and activities (mostly through human interactions) can be complex. Insight Center. The Future of Operations.

Airlines 8

Airlines Hotels Operations Open-book 8

Harvard Business Review

NOVEMBER 30, 2011

Who has the best technology? London-based OMK makes "prison-worthy" seating, the industry's highest standard, using self-sealing polyurethane that can withstand a stabbing without showing the knife scar. If there is no "best" airport seat, now think about all of the industries in the economy. Which one is the best? The Kindle?

Porter 16

Porter Sports Price Benchmarking 16

Harvard Business Review

OCTOBER 20, 2015

During a recent stay at the Disney Swan hotel in Florida, I confess I did something in the bathroom I have done many times before. It’s not something I’ve thought much about before: I leave the hotel and who’s to know? Drucker Forum 2015: Managing in the Digital Age.

Drucker 8

Drucker Hotels Decentralization Reputation 8

Harvard Business Review

NOVEMBER 10, 2016

.” There, in the shadow of Google’s global headquarters, the audience laughed on cue, quickly grokking the embarrassing point: it’s 2016 and this $3 trillion industry that our lives depend upon still relies on faxes, clipboards, and isolated instances of legacy software locked away in hospital basements.

Health Care 8

Health Care Power Hotels Transportation 8

Harvard Business Review

DECEMBER 8, 2015

More than once you’ve probably looked at some new digital or technological development and asked yourself, “How did we miss that?” Such trends are more than shiny objects; they’re manifestations of sustained changes within an industry sector, society, or human behavior. Here are eight to note for 2016.

Trends 8

Trends Film Technology Software 8

Harvard Business Review

MAY 13, 2013

As I''ve written in my previous two blog posts, our first inclination is usually to play down the potential impact of a new technology. Let''s think about the travel industry. Let''s say the Apple innovation merely takes $50 billion out of the industry. million people who now work in the industry. [ Have you flown lately?)

Disintermediation 8

Disintermediation Hotels Airlines Travel 8

Harvard Business Review

AUGUST 15, 2013

For a brief period, as they were being built into the infrastructure of commerce, all these technologies opened opportunities for forward-looking companies to gain real advantages. Nor do they understand the CIO''s role or, typically, the technologies that the company deploys. million passwords), LinkedIn (6.5 million records).

CEO 8

CEO CIO Technology CFO 8

Harvard Business Review

AUGUST 2, 2017

Today Dubai also boasts the world’s tallest building, artificial islands, the first hotel with a rain forest, and the largest indoor theme park on earth. Sponsored by DXC Technology. Since cloud-based systems are modular and scalable, they are fundamentally easier to manage. Insight Center. Crossing the Digital Divide.

Planning 8

Planning Agility System Retail 8

Harvard Business Review

MAY 8, 2017

We recruited a panel of expert judges (see the list below), who evaluated the companies through the lens of their own expertise and gauged which transformations were most durable and had the highest impact in their industries. We see an interesting pattern across the professionally managed companies, those whose CEOs were hired by the board.

Franchising 13

Franchising CEO Business Model Strategy 13

Harvard Business Review

FEBRUARY 9, 2012

In my consulting work with large, multinational companies, I see a pervasive anxiety among managers who have trouble finding people for skilled positions, no matter what industry or region. As a result, they tend to focus narrowly on technology skills, the Accenture survey reports.

Skills 14

Skills Survey Human Resources Document 14

Harvard Business Review

FEBRUARY 1, 2017

Today GE has once again reinvented itself, as “the digital industrial company” — not bad for an organization founded in 1892. Westin, the hotel chain, awards its top innovators a five-day exotic trip each quarter. As mysterious as it can sound, creating a culture of innovation isn’t rocket science.

Innovation 8

Innovation Business Model Incubator Industry 8