This report discusses the current strategies, environmental forces, and proposed strategies for Langham Melbourne Hotel. It also explores different leadership styles that can be implemented.
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Running Head: Management1 Strategy, change and leadership Student Date Institution
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Management2 Executive summary The Langham Melbourne extends intuitive customer service thus aiming to anticipate customer needs and surpass their expectation. With this kind of strategy, Langham Melbourne is able to outshine its competitors in the hotel industry hence achieving its long and short term goals. In 2006voters travel and leisure magazinevoted in and Langham Melbourne won as the best hotel in the city in both New Zealand and Australia. As a result, the hotel is renowned and recommended for offering to its customers an unparalleled level of services which are unavailable in any other place in Melbourne. In addition, Langham, Melbourne is committed to being a sustainable organization by engaging its stakeholders in all matters concerning the development of the company. However, the operations of the company are greatly influenced by environmental forces that have an impact on the performance of the business. The organization can handle these forces by implementing new strategies in the organization or use of the existing strategies.
Management3 Introduction This report will be based on Langham Melbourne, which is among the city’s luxurious hotel with top-notch customers' services and focused to deliver the best to its customer(THE LANGHAM HOTELS & RESORTS, 2019).This will be well illustrated in the organization’s current strategy. Also, the study will discuss the environmental forces such as technology, political, economy among others that are likely to have an impact on the organization. The report will also propose new strategies that will aid in improving the performance of Langham, Melbourne and different types of leadership such as democratic that will enable implementation of these strategies. Current strategic overview of Langham, Melbourne Langham, Melbourne strongly believes that in order for the organization to succeed in the competitive market there must be a strong sense of community involvement within the market it operates. The hotel also embraces corporate social responsibility with the same enthusiasm and high level of customer service that enables the organization to be on a winning momentum. The Langham Melbourne continues to make firm progress towards its goals while handling its shortcomings along the way. The hotel is guided by its long term mission that isWe extend intuitive service with poise and Langham luxury which builds lasting Melbourne memories. As a result, the hotel was awarded the best hotel in both Australia and New Zealand. Besides, the input of all stakeholders in Langham, Melbourne has been immeasurable in enhancing the organization’s annual sustainability efforts and continuous success(THE LANGHAM HOTELS & RESORTS, 2019).Langham, Melbourne is committed to being a sustainable organization through engaging its stakeholders in all matters concerning the development of the company.
Management4 Besides, with reference to the industry benchmark, international standards and internal consultation the organization has prioritized four areas of concern which form the basis to address the most important corporate social responsibility issues to its business(The Art of Business Travel., 2016).These four areas include governance, community, environment, and colleague. They are also connected to the achievement of sustainable development of the business. Langham, Melbourne has a vision in each of the prioritized areas which comprise of: Governance:the firm's vision for this area is to have an ethically oriented business in the hotel industry. Environment:theLangham Melbourne vision is to focus on minimizing its impacts on the environment. Colleague:it is the vision of the company to provide a safe, fair, healthy and happy working environment for every stakeholder of the business. Community:it is the vision of Langham, Melbourne Company to contribute to the surrounding community that it operates in. Overview of the Environmental Forces and Their Likely Impact Langham, Melbourne Businesses in the hotel industry are affected by many environmental factors such as 1.Economic Economic impacts Langham, Melbourne through paying taxes, employing people and accommodating rooms. The revenue the organization gets from its suppliers, partners, guests, and the employee has a great impact on the economy of the firm and supports the society at large. It prompts the firm's expenses, enhances great opportunities in the business and creates good jobs hence the aiding the surrounding society in development(Zervas & Proserpio, 2017).
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Management5 2.Technology With advanced technology, Langham, Melbournehas come up with WeChat app that helps in building a learning platform in order to support its colleagues to be familiar with the firm’s operation policies and general knowledge of Langham Melbourne(Staff Writers, 2017). 3.Political Increasing legislation increases drawbacks on businesses this is due to constant amendments of the laws by the Australian government. Business legislation is implemented in order to protect firms, customers and the interest of the society at large. This becomes a challenge to the organization because it will have to abide by any law implemented by the government (Fernando, 2011). 4.Environmental The hospitality industry is criticized for polluting the surrounding environment where businesses operates in. for instance, Langham Melbourne is contributing a significant amount towards the emission of carbon with negative insinuations to the subject of global warming. New Strategy to Improve theCurrent Performance of the Langham Melbourne With a clue of the current and future needs of Langham Melbourne hotel, I can propose the following strategies that will improve the overall performance of the company. These strategies include: Strategic approaches:this will make a roadmap for the firm that will guarantee success in planning and application and will support the improvement of stakeholders of Langham Melbourne working together. These strategic approaches include collaboration and partnership that involves the firm working together with other organization who share common goals, vision,
Management6 resources, and outcome. Another approach will be harnessing modern technology in order to become more productive and support the implementation of new programs and evaluation. Besides, policy change and development is another approach that the business can adopt that encourages the use of existing or new lessons obtained to update the correction of existing or development of new policies. Capacity building is another strategic approach that Langham Melbourne can adopt to strengthen the ability, knowledge, and skills of individual and enhance the company's structures and processes more effectively hence meeting the needs of the surrounding community in a sustainable manner(Pisano, Rieple, & Pironti, 2017). Human resource practices:according to Martin & Whiting, (2016),these are set of HRM procedures and actions that work globally and support organizations in attaining a competitive advantage without considering the business setting or industry. There are various human resource practices that Langham Melbourne can practice in order to improve the company’s performance. If Langham Melbourne HR will execute these practices suitably, they will definitely add substantial impact to the company and its goals. Some of these practices include providing security to personnel, selecting and hiring the right people with the required skills and experience, fairly compensation based on the performance, making organization’s information easily available to those in need of it among others. Organization culture:this is vital in every business as affect the way groups and people relate with one another, with stakeholders and with customers. Nikpour, (2017), defines organization culture as underlying beliefs, morals, assumption, and way of intermingling that enhance the distinctive social and psychological setting of business. this includes the business expectation, philosophy, experience together with ethics that guide a person's behavior and is expressed in a person's self-image, future expectations, inner working and interaction with the society.
Management7 Langham Melbourne hotel leaders should understand their role in evolving or maintaining the business culture. A well established and embedded culture clearly indicates how people in business should behave in order for them to achieve their goals. In return, this behavioral framework can enhance high job satisfaction and productivity. Value:Edward Bono is a famous author who illustrated the importance of core value in the business by quoting "effectiveness without values is tool without purpose." This analog clearly shows that a company without culture that is shaped on the basis of core values is of no value (PODBEAN, 2018).This core values should guide all the stakeholders of Langham Melbourne Hotel in attaining their mutual objective in a way that is based on the ideological and ethical framework. Some of these core values that the business should have include integrity and ethics, respect to its customers and employees, being innovative (not imitating its competitors) and self- driven motivation. Goals:These are strategic objectives that any firm’s management establishes to delineate expected outcomes and direct workers’ efforts. They help the business to define its purpose and aid the company to grow and accomplish its financial objectives. Besides, Langham Melbourne should have a set of goals that will help it to measure its progress and be able to determine various areas that need be improved for it to achieve its goals. Langham Melbourne should set goals that are achievable, specific, timely and measurable that will aid the company increase profitability, productivity, and efficiency(Bjerke & Renger, 2017). Operations: Peinado, Graeml, & Vianna, (2018) define operations as the business function accountable supervising the process of manufacturing goods and services in an organization. It entails organizing, coordinating, planning and controlling all the available resource needed to produce goods and services for the company. Langham Melbourne should have operation
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Management8 management because it executes a transformation role in the procedure of changing inputs to outputs, for instance, raw materials to products and services. These inputs include facilities and processes such as equipment and buildings, human resources such as manager, staff and workers, also materials, information, and technology are included. Leadership Style and Behaviors This is the approach of implementing plans, providing direction, and motivating people in an organization. As perceived by the employees, it involves the total pattern of implicit and explicit acts carried out by their leader. In order for Langham Melbourne to implement the proposed strategies above, the organization should implement different types of leader styles such as Democratic or Participative style –decisions are made based on the productivity of each employee by their leader although he or she has the final decision, every employee has an equal opinion on the direction of the project. This is one of the most effective methods of leading people in an organization because it gives a chance to lower personnel to exercise the power they will need to use in a future position that they are capable of holding(qbal, Anwar, & Haider, 2015). Laissez-Faire Leadership –this is another leadership style that can helpLangham Melbourne implement the proposed strategies. In this type of leadership, the company's leader will allow all the workers to make decisions; however, the leader is accountable for the decisions made by the employees(Barling, 2014). Conclusion Langham Melbourne is grand and sternly hotel that is guided by its current strategies to deliver the best to its customers and the society at large. However, there are several environmental forces that impact the operations of the company in both positive and negative way. The research
Management9 has recommended several strategies that can help the company handle these environmental forces and be productive. Besides, for the organization to stand in the competitive market, it must involve all the stakeholders of the company by practicing bothLaissez-Faire and participatory leadership styles. Reference Barling, J. (2014).The science of leadership : lessons from research for organizational leaders. Oxford ; New York : Oxford University Press. Bjerke, M., & Renger, R. (2017). Being smart about writing SMART objective.Evaluation and program planning, 125-127. Fernando, A. C. (2011).Business environment.New Delhi: Pearson. Martin, M., & Whiting, F. (2016).Human resource practice.London : Chartered Institute of Personnel and Development,. Nikpour, A. (2017).). The impact of organizational culture on organizational performance: The mediating role of employee’s organizational commitment.International Journal of Organizational Leadership, 65-72.
Management10 Peinado, J., Graeml, A., & Vianna, F. (2018). Operations management body of knowledge and its relevance to manufacturing and service organizations.Revista de Gestão, 373-389. Pisano, P., Rieple, A., & Pironti, M. (2017). Strategic approaches. Strategic Human Resource Managemen.An International Perspective, 37. PODBEAN . (2018, october 11).Rocky Romanella: Define and Build Your Core Company Values. Retrieved from Hire Power Radio: https://hirepower.podbean.com/e/rocky- romanella-define-and-build-your-core-company-values/ qbal, N., Anwar, S., & Haider, N. (2015). Effect of leadership style on employee performance. Arabian Journal of Business and Management Review, 1-6. Staff Writers. (2017, AUGUST).Melbourne creates a WeChat account. Retrieved from GovNews: https://www.govnews.com.au/melbourne-creates-a-wechat-account/ The Art of Business Travel. (2016, MARCH 2).Hotel Review: The Langham Melbourne. Retrieved from The Art of Business Travel.: http://www.theartofbusinesstravel.com/mile- high-club/hotel-review-the-langham-melbourne/ THE LANGHAM HOTELS & RESORTS. (2019, MAY 14).WHAT'S ON AT THE LANGHAM, MELBOURNE. Retrieved from LANGHAM, MELBOURNE: http://www.langhamhotels.com/en/the-langham/melbourne/ Zervas, G., & Proserpio, D. (2017). The rise of the sharing economy: Estimating the impact of Airbnb on the hotel industry.Journal of marketing research, 687-705.