Hospitality Business Toolkit Part B: HR Lifecycle, Roles, and Methods
VerifiedAdded on 2023/01/12
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Report
AI Summary
This report analyzes the Hospitality Business Toolkit, focusing on key aspects of the hospitality industry. It begins with an introduction to the broad nature of the hospitality business and its importance in increasing productivity and profitability. The report then delves into the HR lifecycle for talent management, using the Ritz hotel as a case study, covering recruitment, onboarding, and exit strategies. It highlights the importance of HR in selecting the right candidates and retaining talent. Performance planning is discussed, with an emphasis on monitoring and reviewing staff performance, particularly for waiting staff. The report also explores various functional roles within a hotel, such as HRM, research, and finance, and their interrelationships. Finally, it analyzes communication, coordination, and monitoring methods, including text messages, emails, and group meetings. The conclusion summarizes the key takeaways, emphasizing the importance of financial transactions and HR lifecycle stages in managing a successful hospitality business. The report concludes with a list of relevant references.
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