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More to Success than Money and Metrics

Lead Change Blog

Her moonshot goal is achieving what the Nishiyama Onsen Keiunkan Hotel in Japan has done. The hotel opened in 705 AD and is still operating. Professor Makoto Kanda from Meiji Gakuin University studied the Nishiyama Onsen Keiunkan Hotel and other long-term operating businesses to understand their longevity.

Metrics 370
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Today’s Organizations Are Outward Bound

Leading Blog

T HE TERM “outward bound” was originally used to describe ships departing their home port for foreign destinations. Some outsourcing has been around for a long time. And contractors in the construction industry have long used an extensive form of outsourcing. Now it needs a third use, for organizations.

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How to Hold onto Your Customers in a Crisis

Leading Blog

I’ve observed companies panicking and doing anything they can to manage short-term cash—and destroying hard-earned relationships at lightning speed. They are letting short-term financial objectives become the North Star in an effort to keep the lights on. If you don’t have a forever promise, you’re sunk.

Crisis 326
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Leadership Lessons in Southwest Airline’s Fall From Grace

Modern Servant Leader

In servant-leadership terms, this is a failure of the principle, THOROUGHNESS. To be thorough means putting long-term results ahead of short-term gains. In their case, the desire to remain profitable every year was a short-term gain leadership chose over the long-term benefits of upgrading their technology.

Airlines 188
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First Look: Leadership Books for March 2019

Leading Blog

As the co-founder and former president of Ritz-Carlton Hotel Co., Morey will guide you across 11 concrete and pragmatic steps that unlock and drive day-to-day innovation in your business and help you gain a long-term competitive advantage in your marketplace. Don't miss out on other great new and future releases.

Books 219
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HP Headed to Hotel California?

Women on Business

The HP Board of Directors has to be focused on prevention and good business practices to build a long term strategy. Having a reactive board is not good enough for a company as recognizable as HP. that focuses on customers and innovation. HP Has Decreasing Product Quality.

Hotels 150
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Brand Integrity in Business Cycles: Navigating the Trade-Off Between Quality and Convenience

CO2

However, this short-term gain can lead to long-term brand damage, as witnessed in my Surefoot experience. A Dining Experience: Struggling to Balance Two Worlds Another incident that highlights this struggle involved an upscale hotel restaurant trying to merge high-end dining with a more casual grill experience.

Brand 78