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Environmental Factors and Leadership in the Hotel Industry

   

Added on  2019-09-23

12 Pages2428 Words413 Views
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ContentsIntroduction......................................................................................................................................2Ethical Issues...................................................................................................................................3Environmental Issues.......................................................................................................................5Leadership issues.............................................................................................................................6Competitive advantage....................................................................................................................8Conclusion.......................................................................................................................................9References......................................................................................................................................101
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Introduction This report outlines the different types of organizational issues faced by the company at the timeof investing strategic human capital with the alliances in the luxury hotel industry. This report isbased on the case study given by the Micheal Ferrary and in this case study, he explained aboutthe issues that are facing by at the time of doing investment in the hotel industry. In this report,all the ethical, leadership issues, environmental issues and the competitive advantages problemsare going to be discussed. The purpose of this report is to explore the organizational designs andthe issues that allow the other firms to invest in the company. The capital requires investmentsfor the training of employees and employment opportunities.When it comes to analyzing variouscomplex problems in an organization, be it social or political or any other problem, we comeacross many methodological problems. It is very difficult to quantify a lot of factors as a lot ofdimensions are involved in it that is political, social etc. the strategic human capital is basicallystands for the human resource management and physical capital refers to the real estatemanagement.2
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Ethical IssuesThe Ethical issues arise at the time of doing analysis and research work since the study isfocused on the use of secondary sources, the key concern for ethical issues would be related tothe use of copyright, due to the adoption of the material of another researcher. Besides this, theresearcher would also on the issues of plagiarism that is common when secondary sources areused. In order to avoid these issues and problems of copyright and plagiarism, the researcherwould initially be paraphrasing the material and citing the sources used. This would allow theresearcher to minimize the issues of copyright. On the other hand, for plagiarism, the researcherwould paraphrase the material and use plagiarism checker software to minimize these issues[ CITATION GBe75 \l 1033 ]. The author intends to use the secondary sources in order to conduct thestudy. It has been observed from the existing literature that accessibility of the secondary sourcewould be difficult since the research is not concerned with a general concept but on a specificorganization. In terms of this issue, it has been observed that the researcher would have toanalyze whatever material is available. Besides this, in case the researcher fails to acquire thedata, the author would be focusing on contacting the organization in order to gain first-handinformation from their reports and other documents. The other ethical issue which was found inthe case study is that the authorities do not want to throw out the old employees from theorganization blatantly. Instead, they want to create a situation where they leave the organizationthemselves at the time of doing alliance with the hotel industry. The ethics say that all theemployees should be retained, especially the talented and experienced people [ CITATION Blu99 \l1033 ]. 3
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In recent years, many new incentives have been introduced by the organization and authors inthis article mention a few of them which are:1.Learning activities2.Verbal praise3.Flexible working hours4.Increased authority5.Time with manager6.Autonomy7.Public praise8.Time off from work9.Choice of assignment10.Written praiseA very interesting fact which is notable here is that the authors mention in this article that cashrewards comes down to number 15 in importance on the list of incentives for retention ofemployees in an organization. The concept of modern reward management breaks the confines of money rewards and brings itambit the other types of rewards as discussed above. The main focus is only to retain theemployees by whatsoever mode. It is important to maintain a strong connection betweenenjoyment of incentives and the output. The reward is a kind of compensation which theindividuals receive on performing well in the organization. For employee to perform better, it isnecessary to motivate them. It varies from individual to individual. Some are motivated bymonetary incentives; on the other hand, some are motivated by using non-monetary techniques.4
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