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Emerging Trends in Hospitality Industry | Essay
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Added on 2020-01-07
Emerging Trends in Hospitality Industry | Essay
Added on 2020-01-07
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Emerging trends in hospitality industryUniversityEMERGING TRENDS IN HOSPITALITY INDUSTRYName:Lecturer’s name:Page 1 of 12
Emerging trends in hospitality industryTable of ContentsIntroduction......................................................................................................................................3Corporate management responsibility:............................................................................................3Protecting human rights:..................................................................................................................4Philanthropic and community Investment.......................................................................................6Approach to the Environmental stewardship...................................................................................7References......................................................................................................................................10Page 2 of 12
Emerging trends in hospitality industryIntroductionCorporate management is a vast things that incorporates the protecting human rights,philanthropy and community investment along with that there is certain responsibilitiesregarding the social aspect (Chenget al. 2014). Within a hospitality organization the managementfaces various problems and that industry needs to strategically solve those issues to achievegrowth in the global market and achieve profitability. In this study, the essay will concentrate onmanagement of the entire organizational process by the help of the corporate responsibilities andstrategies with the insight of basic corporate principles. Furthermore the study will also cover thesocial responsibilities along with the approach towards the environmental stewardship with theconsideration of the human rights. Corporate management responsibility: For the achievement of strategic performance in the corporate sector it is very essential toseparate work within the employees in consideration to their role and designation in thehospitality industry. The responsibilities of the corporate manager include planning, coordinatingand implementing things with regards to the organization so that it can fetch possible growth andsuccess in the global market (Asifet al. 2013). The entire work of the organization gets assignedto the higher level employee to the lower level employees. The top responsibility of themanagers is to coordinate and plan top executive corporate meetings so they can maintain thework flow of the organization. They also arrange for Board of Director’s meetings, InvestorRelations Meeting, Annual Shareholders Meeting and different executive level events. They puttheir insight to perform closely with Executive Event Manager with respect to coordinate travelof Corning’s Executives and Board of Directors to events. Arrange and manage to and from anevent travel as key contact point working closely with other organizations. The managementbased people in the organization will follow the basic cooperative principles which create thebackground for people in cooperation with procedural guidelines for implementing thecooperative values (Korschun et al. 2014).With the help of the recent management concepts the idea of the management strategies willprovide the clear advantages for actual cooperative format in the business environment. ThePage 3 of 12
Emerging trends in hospitality industrymanagement needs to follow the correct control panel and select the relevant indicators to get thebest results from the organization and the organization itself will gain profit from the same. Thecorporate management responsibility will comprises with suitable mechanisms and createchannels for participation of the other employees, clients as well as the customers. They providethe transparent information concerning the performance of the basic management. Theconsultation of negation with the other employees and the social representatives within theorganization to maintain economic, organizational and labor decisions is notified. It must betaken into consideration for the long term growth of the organization (Morgesonet al. 2013). Thecorporate social responsibility holds value for the systematic application of social andprofessional training plans for members. The internal and external coordination of workprolonged by the corporate managers has been identified. To meet with the goals and objectivesof the organizations the corporate managers bring harmony to the entire organizational processby implementing the operational objectives that pertain to the achievement of basic missions of adepartment and the effectiveness and efficiency of its operations, including the performancestandards and resource allocation. Other than that by the help of the operation manager thefinancial reporting objectives and compliance objectives will achieve. Finally the corporatemanagement responsibility incorporates with some of the department mission, department goalsand objectives, activities to achieve goals and objectives along with that activity level goals andobjectivities to fulfill the industrial criteria in a bigger aspect. Protecting human rights:In any organization it is very necessary to take care about the employees and in this contexthuman rights and freedoms to which human beings are entitled including the right to life, liberty,and freedom of thought, expression and equality in the work place are very important(Morgesonet al. 2013). These rights represent entitlements of the individual or groups as well asresponsibilities of the individual along with the government authorities. These rights are oftenadvanced as legal rights and protected by the rule of law and this rule in the organization use forstandardized for formulating the law adopted by each employee. It is typically believed that theconduct of government will follow by the rules and will behave accordingly. Human rights in theorganization are ascribed naturally that means they can’t deny the law on the basis of race, creed,gender and ethnicity. However human rights are not always interpreted similarly across societies,Page 4 of 12
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