Remove Ethics Remove Loyalty Remove Operations Remove Report
article thumbnail

The Factors That Influence Acceptance Of AI In Hospitality

The Horizons Tracker

In recent years, artificial intelligence (AI) has made significant strides in enhancing hotel operations and streamlining efficiency. “And the most important factors were perceived ethics, followed by benefits. “And now, based on what it knows about you, the AI has already made a dinner reservation for you.”

Hotels 102
article thumbnail

Leading With Purpose

Lead Change Blog

And continuing using the metaphor of head and heart, whilst the head gets things done (20 th century leadership) it is the heart that is essential to pump blood around the body, and so enable the head to operate. Buyers Reward You – 80% of the general population would rather pay more for products and services produced ethically.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Without Clear Values, You Are Probably Losing Business

Jesse Lyn Stoner Blog

There is a direct relationship between clear values and success in terms of employee retention, customer loyalty, and long-term profitability. If your team is responsible for financial reporting, accuracy needs to be a core value. If your team operates a cruise ship, safety needs to be a core value.

article thumbnail

Why Mission Statements Fail

LDRLB

We know purpose-driven companies have a lower cost of customer acquisition, longer tenure of customer loyalty, and higher net promoter scores. It may have started out with that intent, but somehow the mission statement turned into this meaningless word salad that’s better suited for a 10-K report than for a plaque at the company entrance.

article thumbnail

Why Mission Statements Fail

LDRLB

We know purpose-driven companies have a lower cost of customer acquisition, longer tenure of customer loyalty, and higher net promoter scores. It may have started out with that intent, but somehow the mission statement turned into this meaningless word salad that’s better suited for a 10-K report than for a plaque at the company entrance.

article thumbnail

What You Can Do to Improve Ethics at Your Company

Harvard Business Review

It’s hard for good, ethical people to imagine how these meltdowns could possibly happen. many of us face an endless stream of ethical dilemmas at work. We were surprised that 30 leaders in the study recalled a total of 87 “major” ethical dilemmas from their career histories. Wells Fargo. Volkswagen.

Ethics 11
article thumbnail

Followership : Blog | Executive Coaching | CO2 Partners

CO2

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc.