4 CARNIVAL UK DrCash a/cCr DateParticulars L/ FAmountDateParticulars L/ F Amoun t 3- FebTo sales beverage1120317-FebBy Harry29552 3- FebTo sales food182428-FebBy Balance19778 10- FebTo sales beverage8966 10- FebTo sales food1687 17- FebTo sales beverage11710 17- FebTo sales food1611 24- FebTo sales beverage1715 24- FebTo sales food10614 4933049330 Trial Balance In the books of Carnival UK, Trial Balance Particularsl/fDebitCredit Purchases a/c34553 Cash a/c19778 Harry a/c Kate a/c Bank a/c2993 Catering a/c2008 Sales beverage42493 Sales food6837 5433154331
5 CARNIVAL UK *All figures are in£ Activity 2 The Key performance indicators form a critical part of the firm and help in assessing the overall operational performance of the organization. This means that, in order to ensure that, the organization is able to measure the overall progress of the firm, the key performance indicators are made use of. The key performance indicators provides real time information to the different employees as present in a firm and assist them in undertaking critical decision making. Hence, the different key performance indicators which can be made use of by the different organizations can be stated to be as follows: Total seats The total seats can be rightfully described as the total number of seats which will be served in a restaurant on a particular day as present. This measurement provides a useful indicator to the restaurant manager and goes a long way in ensuring that, he is able to predict and forecast the future total number of seats which will be required to be filled in order to attain a certain level of sales (Wheelen et al. 2017). Once this measure is achieved, the cost of the food served to each seat can be rightfully estimated in addition to the estimation of the profits earned from each seat. Food costs The food costs serve as a secondary key performance indicator with respect to which, the firm can easily measure the overall performance of the firm and measure it against the food sales. This means that, the food cost per head can be understood to be a measure which will
6 CARNIVAL UK assist in determining the profits which are engaged in by the firm and also assist in maintaining a trigger which can be used to measure the costs incurred by the organization. However, it has to be noted that various organizations which are the restaurants find it very difficult to make use of this indicator because of the issue of tracking down the cost of each food element in order to understand the exact ingredient which can be used. Figure 1: The Restaurant KPI (Source:Brewster and Hegewisch 2017). Activity 3 HR Life cycle of Food and Beverage manager on Cruise Ship
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7 CARNIVAL UK The HR life cycle of a manager in a Food and beverage department might follow the general life cycle of HR manager who is employed in a firm. According toWheelen et al. (2017), all organizations would require to ensure that all their employees undergo a specific cycle and that it is during this cycle that they are briefed upon the overall responsibilities which the employees will be required to follow and in addition to this, their future career progression path is defined in a similar manner: Recruiting and on boarding: This forms the first stage of the employee life cycle with respect to which, the manager gets recruited with the firm and is taken on board. In this phase the employee is made to undergo a difficult interview round which will assess the skills of the employees and in a similar manner, help them to adjust in the work environment(Wheelen et al. 2017). Orientation and Career Planning: In the second stage of the orientation and career planning, the different employees would be required to be briefed upon by the manager and they need to be shown their future post in the firm as this goes a long way in motivating the different staff as present and allows the firm to ensure that it is able to present a tentative offer. Career development: This is the latter stage of the employee life cycle whereby the employees undergo a considerable promotional phase and they undergo an appraisal stage as well. In a similar manner, the firm will be able to see to it that the employee is motivated to perform considerably well.
8 CARNIVAL UK Figure 2: The HR lifecycle (Source:Brewster and Hegewisch 2017) Termination or transition: The termination and the transition stage is often known as the last stage of the organization whereby either the organization chooses to leave the employee on his own or the employee leaves it as per his own will (Noe et al.2017). Importance of HR Life Cycles for Strategic Talent Management The Human resource lifecycle has a crucial role to play in the strategic management of talent in the organization as it tends to identify the talent existing in the organization and in a similar manner it is also able to encourage the different employees to perform considerably well.
9 CARNIVAL UK This means that, when the employees are required to perform for the overall welfare of the firm then they will be required to see to it that, they are successfully able to strengthen their overall relationship with the firm on a long term basis. Recommendations for improved documentation To improve the overall documentation of the organization, the firm needs to digitalize its operations. This means that, if they are successful in maintaining a digital record of the different operations of the firm then they may be successful in retrieving these digital documents in the times of the need. These documents then come in useful for the firm in times of needs like documents required during the procedure of appraisal and related goals. Activity 4 Performance management Plan Goals desired: 1.To convert the negative behaviour of the staff into a positive behaviour. 2.To reduce the issues related to the employee turnover. Actions to be adopted To improve the particular scenario, the overall goals which are required to be adopted by the firm can be stated to be as follows: 1.To work upon the negative staff behaviour, the restaurant may choose to put the decision making of the firm in the hands of the employees(Lasserre 2017).This means that the employees will be allowed to undertake autonomous decisions which will provide them with a sense of comfort and in addition to this, these employees would also be required to
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10 CARNIVAL UK engage in the actions which may make the working environment of the firm a positive one. All the doubts and queries of the employees need to be resolved well. 2.Moreover, to improve upon the staff turnover ratio of the organization, the firm needs to provide benefits and incentives so as to motivate them and encourage them to perform well. The overall pay of the employees also tends to improve through this particular step and in this manner, the firm would be successfully able to ensure long term success for the same(David and David 2016). In this manner, the different staff members may feel motivated to perform for the overall benefit of the firm. Figure 3: The performance management cycle (Source: Bratton and Gold 2017) Measurement of improvement
11 CARNIVAL UK The different measurement indicators for better performance of the firm can be calculated as follows: Staff turnover rate Customer satisfaction Importance of HR Life cycle for overcoming the issues of staff retention The human resource lifecycle has a key role to play in overcoming the different issues related to staff turnover as well because it goes a long way in ensuring that the firm is able to guide the employees and assist the different employees in achieving their overall objectives. Once they are able to do so, the organization shall be successful in improving the issue related to the staff retention and hence, the HR lifecycle can bring about positive outcomes for the firm. Activity 5 Specific legislation of the firm All the business organizations competing in the dynamic business environment would be required to ensure that they are successfully able to abide by the different laws as well as the rules which tend to exist. The different laws and legislatives go a long way in ensuring that the business is successfully able to meet by these legislations and that they are able to perform well. In the United Kingdom there exists a certain set of laws which go a long way in ensuring that the business is successfully able to meet up with the legal requirements and the society can benefit from the overall operations of the company at large. In addition to this, the different businesses like Carnival UK would be required to follow certain important legislatives, for the travel segment and these laws are as follows (Carnivalcorp.com(2) 2018). The law ofPackage Travel,PackageHolidaysandPackageTours(Amendment)Regulations 1992and Civil Aviation (Air Travel Organizer’s Licensing) Regulations 2012 are
12 CARNIVAL UK some of the laws which are required to be followed by the different businesses in order to ensure that the society is able to carry out the different operations and the needs of the consumers are protected. Impact of company, employment and contract law on the firm The different legislatives laws and other contracts have a strong impact on the overall operations of the firm as it assists in ensuring that the operations which are carried out by the firm are legal in nature and are able to follow all ethical principles(Carnival UK (1) 2018). The company law states down certain requirements regarding the overall operational structure of the firm and in addition to this, they define the overall operations law of the firm which would go a long way in ensuring that the business is successfully able to attain its goals and meet overall objectives. The employment laws are given to protect the different needs of the employees. In this manner, the firm can ensure that it protects the overall needs of the employees as well. However, it needs to be noted that maintaining the ethicality of the business and taking decisions adequately can be stated to be crucial as it helps to improve the overall image of the brand in the eyes of the different customers. Activity 6 The different ethical principles, regulations as well as the legislations tend to have a long term impact on the different operations of the firm as mentioned earlier. However, it needs to be noted that, ethicality forms a critical aspect of the firm and any firm operating in the business environment needs to ensure that it is successfully able to indulge these activities in the different operations of the firm. It has a strong impact on the different operations and the manner in which these operations carry out their daily processes (Brewster, Chung and Sparrow 2016). It assists the firm in avoiding the different confusions which may be present for the employers as well as
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13 CARNIVAL UK the employees. For example, if an employment law states that, the employees will be working for only 40 hours in a week then, they will be able to ensure that, the firm is successfully able to make the employees work for those limited hours and they are not exploited beyond that particular limit. This way, the limitations and conditions are set for different operations and hence, this assists them in ensuring that the firm is able to perform accordingly. Activity 7 The different operations of the organization are linked together, all the departmental heads will be required to ensure that they are successfully able to communicate with one another and ensure that the customer is served well. In addition to this, this integration should in a manner such that, the customer is not able to find any loopholes in the service (Brewster and Hegewisch 2017). There are various departments as present in a hospitality sector like the room service, kitchen, laundry, cleaning, help desk and the accounts department. Any operation relating to one of the departments is bound to have an impact on the operations of the other department.For instance, if a customer wants to ensure that he receives clean and fresh services, then the help desk shall be alerted. This will then be followed by the alertness to the cleaning department, then the room service shall conduct the operations, the store shall replace the items and the accounts department will make a note of it. Hence, through this example it can be largely understood that if a firm wants to ensure success in the long run hen, its different departments would require to integrate its operations with one another so that the customer service can be fulfilled at large. Activity 8 As seen from the previous example, the different departments of the hospitality industry are largely related and with respect to this the communication and coordination among the
14 CARNIVAL UK different employees plays a great role in ensuring that the firm is able to attain success. Hence, with special reference to a restaurant, the different departments like the kitchen and the management would be required to coordinate with one another and in a similar manner, they would be required to be in touch with one another constantly (Bratton and Gold 2017). For this reason, the different departments will be required to remain in constant touch with one another through modes like email messages, walky talkies, text messages and other related mediums. This will help them in communicating with each other. According toAnsoff et al. (2019),there exists a restaurant data base management system, which allows the different operational members to remain in touch with one another. The system begins one a customer enters a restaurant and then leaves the restaurant at the end. This way of communication, helps in uplifting the value chain and assists in ensuring that, the overall operational efficiency of the firm increases considerably. Once they are able to monitor the system, the performance improves. A recommendation can be given in this regard is ensuring that, the restaurant must take up a data base management system of their choice and needs to ensure that it is able to adjust it within the operations of the firm.
15 CARNIVAL UK References Ansoff, H.I., Kipley, D., Lewis, A.O., Helm-Stevens, R. and Ansoff, R., 2019.Implanting strategic management. Springer. Bratton, J. and Gold, J., 2017.Human resource management: theory and practice. Palgrave. Brewster, C. and Hegewisch, A. eds., 2017.Policy and practice in European human resource management: The Price Waterhouse Cranfield survey. Taylor & Francis. Brewster, C., Chung, C. and Sparrow, P., 2016.Globalizing human resource management. Routledge. Carnival UK (1), 2018,Who We Are, viewed onhttps://carnivalukcareers.co.uk/who-we-are,last accessed 06 February 2019 CarnivalUK(2),2018,ExploreOurCareers,viewedon https://carnivalukcareers.co.uk/careers/#graduates,last accessed 06 February 2019 Carnivalcorp.com(1),2018,CorporateInformation,availableat http://phx.corporate-ir.net/phoenix.zhtml?c=200767&p=irol-prlanding,last accessed 06 February 2019. Carnivalcorp.com(2), 2018,Carnival Corporation & PLC Form 10-K for the Fiscal Year ended November30,2018,availableasCarnivalCorporationplc_10K_20180129.pdf,on http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-reportsother2,lastaccessed06 February 2019. David, F.R. and David, F.R., 2016.Strategic management: A competitive advantage approach, concepts and cases. Pearson.
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16 CARNIVAL UK Lasserre, P., 2017.Global strategic management. Macmillan International Higher Education. Noe, R.A., Hollenbeck, J.R., Gerhart, B. and Wright, P.M., 2017.Human resource management: Gaining a competitive advantage. New York, NY: McGraw-Hill Education. Wheelen, T.L., Hunger, J.D., Hoffman, A.N. and Bamford, C.E., 2017.Strategic management and business policy(p. 55). Boston: pearson.