Friday, February 28, 2020

Hilton world wild Assignment Example | Topics and Well Written Essays - 1000 words

Hilton world wild - Assignment Example The rich history and success of the Hilton worldwide makes it a preferred choice by travelers, employees, developers and investors. This hospitality giant offers wide range of top class hospitality services at its various branches around the globe. The company has won several awards and accolades for the exemplary services it has offered in the hospitality industry since its inception in 1919.It was originally known as the Hilton Hotel Corporation. However, in September 2009, it changed its name to Hilton worldwide complete with a new logo and style, it also changed its image, vision and mission (Gilliana & Watson, 2004). Hilton Worldwide, originally called the Hilton Hotel Corporation, is among the top service providers in the hotel industry. The group is known for the exemplary services and products its offers to its clients around the globe. This has made it have a competitive edge over other players in the hospitality industry. Through the 94 years of service, the hotel has maintained a good reputation around the globe and has won several accolades because of this. Hilton Worldwide has diversified with hotels that serve every class of people. The company has high end hotels as well as mind priced hotels. It also offers business class services. This diversification has enabled to attract a high client base throughout the world (Gilliana & Watson, 2004). Hilton Worldwide has an effective framework that helps in facilitating effective coordination of both internal and external communication. The overall purpose of this framework that is used by this hospitality giant is to establish and maintain a good reputation across the globe. The company seeks develop and maintain a good relationship with its employees, shareholders, the media and the general public. This goes a long ways in helping it achieve its goals and winning more clients, investors and developers. This framework is

Tuesday, February 11, 2020

Managing Personal Case Study Example | Topics and Well Written Essays - 1250 words

Managing Personal - Case Study Example Effective communication is an important tool that has wide ranging influence in the smooth functioning of corporate bodies. It is significant in the administration of the organization and projection of organization's aims and objectives in the eyes of the public and stakeholders and also promotes better understanding of cross cultural values and help resolve conflicts. The change greatly facilitated in creating congenial work atmosphere that motivated and inspired others to improve their performance and achieve organization's goals with more enthusiasm, vigor and creativity. The third important change that he brought into the organization was in the regular performance appraisal that was linked to the compensation. The various offices, located at different geographical locations had wide disparity in the performance appraisal systems that were considerably influenced by the individual and regional interests. The uniform appraisal system ensured that employees across the world had equal opportunity for personal and professional growth. Indeed, the changes were designed to inculcate better ethical imperatives to provide competitive edge in the fast changing global business with long term benefits. The time bound implementation of its strategic goals had hugely improved the overall image and credibility of the organization. Answer 1(b) When Prince had made wide ranging changes in the strategic goals and administrative processes of Citigroup due to falling credibility of its ethical and regulatory control, he had the option of using different change model that could have expedited the solution of its immediate problems. Instead of adopting an integrated approach he might have solely focused on was strong appraisal system and stringent regulation and control system. Answer 1(c) Prince could have followed these model of change primarily because the focused approach would have given him and the organization to overcome the difficult phases of MTS in Europe and Japan fiasco which had greatly affected the credibility of the organization. The effective appraisal system would have ensured early detection of mismanagement so as to avert another Japan like event to corrode organizational image. Stringent regulation and control would have ensured adherence to company's guidelines and values. Most importantly, the process would have expedited the process of getting a clean chit from the U.S. Federal Reserve Board that had barred the company from making any 'significant acquisitions before getting its house in order'. These changes would have resulted in short term gain. Answer 2(a) When Prince took over the stewardship of Citigroup, it was under tremendous pressure from the Federal Regulation Authority and had huge demoralizing repercussions from the event of Japan and MTS. Under his leadership, he created visions and goals and inspired the workforce to work towards achieving them. In the fast changing equation of global business environment, he needed to introduce changes that would inculcate strong organizational culture which would be truly global in essence and encompass values that would cut across cultural divide and local interest. To make a significant difference to the work place, it is important the leaders and managers need to develop and enhance cross cultural relationship that must go beyond the officialdom in order to win the trust of the