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Strategic Planning for The Hospitality Industry Assignment - Hilton, UK

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Added on  2020-10-22

Strategic Planning for The Hospitality Industry Assignment - Hilton, UK

   Added on 2020-10-22

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STRATEGIC PLANNING FOR THEHOSPITALITY INDUSTRY
Strategic Planning for The Hospitality Industry Assignment - Hilton, UK_1
Table of ContentsINTRODUCTION...........................................................................................................................11. Define the knowledge and understanding about the popular strategic options. .....................12. Critical analysis on the factors affecting the implementation of the strategies.......................33. Description on the evaluation on the differ performance metrics of the enterprise................4CONCLUSION...............................................................................................................................6REFERENCES................................................................................................................................7
Strategic Planning for The Hospitality Industry Assignment - Hilton, UK_2
INTRODUCTIONStrategic planning is process that organisational works as to define the strategy, directionand management decision so that there can be possibility in terms to proper allocating theresources to pursue the one effective strategy (Kerai and Saleh, A., 2017). Thus, organizationalleaders work as to determine the vision for future as well identify the goals and objectives of theenterprise. The present report is based on Hospitality industry as Hilton, UK. It is global leadingenterprise and engaged in terms to provide effective services to the customers. This is the entitythat provides effective accommodation facilities to its customers. With help of conducting theorganisation activities with the qualified services the all things can be undertaken in bettermanner. In addition to this, present report will be inclusive of the following things as criticalanalyse the factors affecting implementation of strategies and evaluation of differentperformance matrix. Furthermore, the main aim of this report is to have the knowledge andunderstanding about the strategies option of the enterprise. With help of successful planning, theoverall objectives of the enterprise can be achieved. 1. Define the knowledge and understanding about the popular strategic options. The term strategic options are creative and one of the most alternative actions oriented tothe external situation in the enterprise. Thus, it can be said that it is identification, selection,implementation of the firm long term goals and objectives. Franchising- It is form of business in which the owner of the product obtains distributionfrom the affiliated dealers. In this enterprise, operates its business function at various places. Inaddition to this, it can be said that the Hotel Hilton is the part of portfolios of brands at Hotelworldwide (Bergeron, 2017.). With help of it, they can successfully expand their operationactivities at the various place. This is also useful in terms to having expansion in the profitabilityand productivity to the quoted enterprise. The one of core disadvantage of franchising is thatinflexible nature of franchise can restrict ability to introduce changes to business enterprise.Furthermore, Franchises offers the independence of the small ownership supports by thebeneficial aspects of big business networks. In this, it can be said that they provide the certainlevel of the independence where they can operate their business function in systematic manner.The main source of Hotel Hilton is that this enterprise is operating their business functions1
Strategic Planning for The Hospitality Industry Assignment - Hilton, UK_3

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