Strategic Planning for the Hospitality Industry

Strategic Planning for the
Hospitality Industry

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
1. Different factors which affects the successful implementation of the strategies on the
business functions........................................................................................................................4
2. Different metrics of performance which affects the success of business strategies in Hilton. 6
3. Important factors which in managing the strategic change and types of strategic change......8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Strategic planning is the effective practices and process of the company which helps to
determine their direction, strategy and the company make the decision to identify the resources
to use the strategy. This kind of planning will provides the record of the mission, vision, values
and long term objectives of the organisation. It is important to achieve the goals and objectives
of the organisation in the different conditions of the market. This file evaluate the strategic
planning of the Hilton hotel which is the multinational brand provides the best services to their
customer. The headquarter of the Hilton is at the Virginia, U.S. There are various factors which
affects the successful implementation of the strategies in the operation of the business. By using
the key performance indicators, balance scorecard and CSF organisation analysis their various
level of performance which influences the effectiveness of the strategies of business.
MAIN BODY
1. Different factors which affects the successful implementation of the strategies on the business
functions.
Leadership:
The process of leadership states that the senior will direct, guide and affects the
behaviour of the other people in the company which helps to reach the goals. It refers to the
ability and capability of the leader so that the members of the team will works with the full
confidence. In the Hilton hotel when their business strategies are successfully implemented then
the leader will effectively inspire and encourage the people to make the business profitable. The
leader of the Hilton uses the transformational leadership style in all the department of the hotel.
The leader motives their employees towards the success and growth of the hotel by changing the
ways in the business operations. Transformational leadership involves the four types which is
possible only when the strategies are effectively used by the company. This model of
transformational leadership will mka the positive changes in the employees and these leader will
also helps the people of the Hilton (Smith, 2017). This will increase the strength and capability
of the sub ordinates by the leader. In the business of Hilton leader inspire the employees to
identify new ways to do the things and grab the new opportunities to make the business more
creativity.
Structural design: