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Improving Food Service Management Practices in Hyatt: A Business Development Plan

   

Added on  2023-06-13

6 Pages1262 Words378 Views
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Food Service Management
Improving Food Service Management Practices in Hyatt: A Business Development Plan_1

TABLE OF CONTENTS
BUSINESS DEVELOPMENT PLAN.............................................................................................1
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Management practice within Hyatt operations using performance review techniques..............1
Recommendations for management alternatives to improve performance including implement
plan..............................................................................................................................................2
Explaining solutions to address shortcomings with Hyatt food service operations via using
management tools and performance review techniques..............................................................3
Justifying recommendations to resolve organizational challenge...............................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4
Improving Food Service Management Practices in Hyatt: A Business Development Plan_2

BUSINESS DEVELOPMENT PLAN
INTRODUCTION
Business development refers to the process of creation of long term value for business
by focusing on different aspects such as customers, market and relationships. In the present
environment, business need to focus on having appropriate business development strategy to get
competitiveness. The current report is based on Hyatt which multinational firm operating in
hospitality sector. It will emphasis on assessing management practices with specific food service
using range of techniques, recommending alternatives to improve performance and justification
in current study.
MAIN BODY
Management practice within Hyatt operations using performance review techniques
There are different form of management practices that are executed by business in order
to get obtain higher profitability & sustainability. The management practices which are executed
in Hyatt involves planning, human resource management by training & development and
motivational strategy, leading operational actions, etc (McKenzie, 2021). These practices can be
reviewed by demand forecasting, bench marking, variance analysis, etc.
Planing & forecasting is one of the crucial management strategy that is executed for
ascertaining data for activities like allocating, analyzing and monitoring resources so that
optimization can become possible. Training & development provides assistance to Hyatt to
ensure that needed set of tactics are possessed by staff in turn offering greater quality
performance that can permit getting higher customer satisfaction. Motivational management
practice in Hyatt allows increasing morale of employees so that attaining roles & responsibilities
via aligning with standards set. This helps in having higher effectiveness in meeting goals of
operations. Bench marking & variance analysis provides assistance in achieving identification of
lacking areas so that improved performance can become possible. Having effective
communication in Hyatt can permit receiving essential information in respect to executive
suitable course of action. On the basis of this, it can be interpreted that there are different kinds
of management practices which are implemented in Hyatt that are required by methods such as
bench marking, variance analysis, planing & forecasting, etc. It has been recognized that there is
lack of effectiveness in meeting quality measures due to ineffectiveness in communication plan
1
Improving Food Service Management Practices in Hyatt: A Business Development Plan_3

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