SUBSCRIBER CONTENT PREVIEW
FOR FULL SITE ACCESS SUBSCRIBE NOW or PURCHASE PDF ARTICLE
  • Executive Leadership
  • Succession Policy in the Executive Suite and Why You Should Have One

  • "May you live in interesting times," is supposed to be an ancient Chinese curse. Well, in my 40 plus years in business, I do not recall any time that was not interesting. Business is always changing, perhaps more rapidly now than at other times.

    If change is the nature of business, than why fight the inevitable? Your company and your career demand that you plan for change. Actually, success in your career probably demands that you plan for change.

    Hotels are big businesses; the new governmental definition of a small business is one employing fewer than 500 employees. By extension, that means that a great many hotels are big businesses. Certainly, one would be hard pressed to find a hotel chain that would qualify as a small business under this definition. So, like any big business, we need to plan for the inevitable, the turnover of key employees.

    In our personal careers, we should be planning either lateral moves; like going from F+B Director at a four star hotel to a five star one. Many of us plan to move up, into the hotel general manager's position of even higher. Either career move requires both professionally and strategically that you leave your current ...

  • TO CONTINUE READING SUBSCRIBE NOW or PURCHASE PDF ARTICLE

Already a Subscriber?

Login
Email:
Password: Forgot password?
Remember me on this computer

Who Subscribes?

"The Hotel Business Review articles are a terrific source for current hotel industry information and trends".


Donald Trump Jr., Executive VP of Development
Trump Hotel Collection

Hotel Business Review Executive Leadership

Scott D. Hollis
Steven Belmonte
W. Don Turner
Jeffrey Catrett
Todd  Walter
Steven Belmonte
Michael Goldstein
Jed Heller
Coming Up In The March Online Hotel Business Review

"Hotel Business Review offers weekly articles for hotel management and operation and discussion on emerging growth markets."
Feature Focus
Hotel Human Resources: The Biggest Challenges
The economic challenges of the past four years have led many hotel companies to re-examine the ways in which they do business and how they deploy talent. In many cases, the work did not go away and fewer people were left to carry on the tasks that had previously been shared among many. As we work our way out of the recession and look forward to a healthier economic environment, there is an understanding that despite recovering business levels, we may never see the return of former staffing levels. This "new norm" of operating with leaner teams has led Human Resources professionals and people managers to look at career development and growth opportunities in a new light. The March Hotel Business Review will take a look at some of the strategies being used by successful hotel brands, and techniques human resource directors are currently exploring.
INSIGHTS FOR INDUSTRY LEADERS BY INDUSTRY LEADERS
"The Four Habits of Highly Effective Human Resources"
"Embassy Suites 'The Circle of Leadership"
"Applying Consumer Marketing Best Practices to Employee Loyalty"
"How Incentives are Changing to Keep Existing Staff Motivated?"
PLUS: Mobile Technology - Attracting & Retaining Top Talent - Education - Employee Engagement - Employment Claims & Litigation - Employment Contracts - HR Management.