Sustainability in Career: Hospitality Business Development Report

This report provides a detailed analysis of career development within the hospitality industry, emphasizing the importance of sustainability. It explores the individual's strengths, interests, and values that drive their career choice as a business manager in hospitality. The report identifies growth oppor...Read More

Sustainability in
Career Development

Table of Contents
INTRODUCTION...........................................................................................................................1
STEP 1: Knowing why....................................................................................................................1
STEP 2: Knowing what...................................................................................................................2
STEP 3: Knowing how....................................................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Career development refers to the enhancement or movement of an individual towards their
chosen career, job and academics. The following report will be demonstrating the career
development of an individual in the hospitality business as a business manager. The report will
be providing an explanation of the reason for choosing the career, opportunities in that career and
what an individual needs to achieve success in this career.
STEP 1: Knowing why
The main reason behind the movement of an individual towards a career is the values,
strengths (skills) and interests that they possess (Elshaer, 2019). Secondly, it is their choice and
academics which take them towards their career, and in the last is the opportunities present in the
market. The main reason behind choosing to establish career as a businessman in hospitality
industry are my strengths, interest and values that inspire me towards choosing my career which
are as follows-
My strengths:
 Innovative thinking
 Risk taking abilities
 Facing the challenges and uncertainties with concrete will
 Determined to work hard
 Excellent Management of money and people
 Team leader
 Problem solving and critical analysis
My interests:
 Consistent learning of new things
 Cooking and tasting new dishes
 Innovating or rejuvenating things
 Interacting with new people
 Cooking food
 Baking and Cake designing
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 Book reading and listening podcasts
My values:
 Open Minded and supportive
 Helpful in nature
 Completing things on time
 Belief to be consistent in what I do
 Light-hearted
 Disciplined
STEP 2: Knowing what
I chose to become a businessman in the hospitality industry which is rapidly growing
across the world and have many opportunities for growth. Hospitality business refers to an
organisation that is involved in any such activities of restaurant, café, travel and tourism,
beverages, hotels, bars, etc. Businessmen are very important within every industry or sector that
may be in primary, secondary or tertiary sector because they are involved in the activities of
running a business (Goryushkina and et. al., 2019). Business management is all pervasive
function and applies in all forms of industries and there is always the need for business activities
to convert the raw materials into money. Without the business activities the creation of finances
will stop that would lead to inability of the economies to generate finances. Therefore, due to the
pervasive and never stopping demand of businessmen exists in all economies that would give me
a chance to become a businessman for hospitality industry.
Hospitality businesses are never ending activities due to the consistently increasing
demand for new tastes and flavours among people across the globe. Due to the rising income of
people and liberalisation of the global economies more and more people are willing to spend on
and trying new things. As per the estimates of World Economic Forum (WEF) the incomes of
people in today’s world is at least ten times more as compared to the income of people in the
year 2000. It is also estimated that the world is going to see the income rise of at least 20 times in
the upcoming year 2035. The consistent rise in the busy schedules has forced people to eat
outside their homes and most of them seek for reasonably prised snacks and products for
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themselves (Lei and et. al., 2021). This has raised the demand for opening a bakery for the
people to provide them with quality snacks and dishes.
The SWOT analysis is provided in order to identify the critical strengths and weaknesses
and opportunities and threats of the Hospitality business which is as follows-
Strengths Weaknesses
 The unique products of the bakery such
as kalakukko, cornbread, pretzels,
sourdough, soda bread, pedestal,
crackers, pita and biscuits.
 Art design and quality of these unique
products.
 Use of latest technology and equipment.
 Skilled staff members and employees
with professional training.
 The investment and lack of finances to
start the business.
 New market and need to gain customer
trust.
 There are available substitutes.
 Conformity of loss in the initial phase of
starting the business.
 Wastage of energy and resources in the
initial phase of the start.
Opportunities Threats
 Expansion of the company and its
products.
 Changing trends and desire of people to
taste new things.
 The opportunity to gain larger market
segment.
 Rise in the food industries which will
require the new products.
 The competition from the existing
market.
 Availability of the social media trend.
 Economic recessions and downfall due to
pandemic.
 Safety and health regulations.
 Unpredictable conditions of war and
terror attacks.
STEP 3: Knowing how
The main steps to get success in getting success in my career are as follows:
Mastering the Skills:
There are certain technical and soft skills that I think could be developed at any point of
time in my life, therefore I will focus on enhancing my skills to become successful in my career
(McGinley, Mattila and Self, 2020). The hospitality industry is changing and growing rapidly
which requires individuals with qualities such as flexibility, resiliency, problem solving, critical
thinking, communication, team building, hardworking, leadership, etc.
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Enrolling into Future Education:
The next step for getting success in my career is taking a professional step towards the
education about the hospitality business. There are many ways to get and involve myself in the
hospitality business but with the help of relevant qualification I could make a better chance for
getting success. I would pursue post-graduation degree in Hospitality Resource Management to
gain better understanding and knowledge about the industry to become successful in the career.
Undertaking industry specific Internship and experience:
The last step would be gaining experience in the industry to understand and gain practical
knowledge of the field work (Riley, 2018). This will provide insight about the processes,
equipment, resources, supply chain, competition, legalities, finances, etc. so that chances of
mistakes can be reduced while operating the similar business. This would also help to network
and effectively communicate with the people who could be beneficial and resourceful for the
business.
CONCLUSION
The above report has been elaborating and critical evaluation of a career undertaken by an
individual for the business manager in Hospitality industry. The report had been demonstrating
the skills, abilities, interests and values of an individual that motivates them towards this career.
Moreover, it has been demonstrating the possible growth opportunities, future development and
market opportunities in conducting this form of a business. Along with this, it has been
elaborating three steps with the help of three steps which are skill development, enrolling for
future education and experience in that industry to achieve success in the career.
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REFERENCES
Books and Journals
Elshaer, A.M., 2019. Labor in the tourism and hospitality industry: skills, ethics, issues, and
rights. CRC Press.
Goryushkina, N. and et. al., 2019. Theoretical aspects of entrepreneurial education for hospitality
industry. Journal of Environmental Management & Tourism, 10(4 (36)). pp.835-841.
Lei, C. and et. al., 2021. Factors determining employee career success in the Chinese hotel
industry: A perspective of Job-Demand Resources theory. Journal of Hospitality and
Tourism Management, 48. pp.301-311.
McGinley, S., Mattila, A.S. and Self, T.T., 2020. Deciding to stay: A study in hospitality
managerial grit. Journal of Hospitality & Tourism Research, 44(5). pp.858-869.
Riley, M., 2018. Managing People in the Hospitality Industry. Routledge.
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