This document discusses the Competing Values Framework (CVF) and its significance in developing managerial competencies in the hospitality and tourism industry. It explores the four quadrants of the CVF - collaborate, create, compete, and control - and analyzes the author's survey results in each quadrant. The document also highlights the importance of understanding the external environment in the industry and provides examples of how political instability can impact the tourism sector. Additionally, it discusses the role of mentoring, goal-setting, and creativity in enhancing management competencies. References to relevant articles and studies are included.