Starting a New Hotel Venture? Here are 5 Project Management Tips for Ensuring Success

The hotel business is quite different from other types of service businesses, as it is a more complex business model, which encompasses more than providing accommodation. A starred-hotel usually also offers food and beverage services —in the form of restaurants, cafes, catering, and room service— and other related services, like meeting facility, spa, salon, and fitness club. Such complexity requires a comprehensive understanding of how things work and an advanced level of synchronizing project tasks, especially when it comes to opening a new hotel site. Continue reading Starting a New Hotel Venture? Here are 5 Project Management Tips for Ensuring Success

4 Effective Ways To Increase Accountability And Reduce Finger Pointing In A Team

Managing a team has many challenges, two of which are the issues of accountability and finger-pointing. Accountability itself is often confused with responsibility. Here is a simple difference between the two terms. A person who is responsible is the one who completes a task, while a person who is accountable is the one who must answer to the authority.  Therefore, when someone completes a task, he or she is considered “responsible.” However, he or she might not be the person who is accountable, because the accountable person is the one who must respond to the authority. In a project, the ultimate authority is the sponsor. Depending on the task, the authority to whom an accountable person must answer to varies. For certain individuals, being accountable can be something new and frightening, which would very well lead to finger-pointing. A good project manager acknowledges the possibility of such happening and will do the best he or she can to ensure accountability is well respected in every task. Continue reading 4 Effective Ways To Increase Accountability And Reduce Finger Pointing In A Team

3 Key Drivers of Organizational Culture in the Age of Digital Transformation

By the End of 2018, at Least 40% of Organizations Will Have a Fully Staffed Digital Leadership Team Versus a Single DX Executive Lead to Accelerate Enterprise-wide DX Initiatives. (Source: IDC) With enterprises looking to accelerate their digital transformation journeys, the pace of change could be unsettling for organizations. Organizational culture can be seen both as a proponent and as a by-product of change. This … Continue reading 3 Key Drivers of Organizational Culture in the Age of Digital Transformation

5 Workplace Resolutions for Being Effective In 2018

The year-end holidays are a good time to wind down and recharge your batteries. It’s always good to reflect on the year gone by and make plans for the new year. On the personal front, people make resolutions for better health and fitness, better control on finances, exotic vacations and so on. I think it is important to make some resolutions on the professional front … Continue reading 5 Workplace Resolutions for Being Effective In 2018

5 Simple Steps to Good Decision Making

An average adult makes about 35000 decisions a day. If one had to summarize a day at work, it would something like: Decisions, Decisions, and Decisions! In fact, a manager’s competency is measured by the quality of decisions made and the outcomes achieved. As you go higher up the ladder, decision making is all you do and every decision is crucial. I have read that … Continue reading 5 Simple Steps to Good Decision Making

5 Must-have Traits For a High-performance Team

From enterprises to organizations like the armed forces to sports teams, the success is always measured by the outcomes they deliver. It takes high-performance teams to deliver outcomes, not just consistently but also incrementally. Successful enterprises like GE, Apple, Google, and Amazon have the impact high-performance teams have on market leadership, customer experience, and profitability. They have invested time, effort and money in building a … Continue reading 5 Must-have Traits For a High-performance Team

6 Tips to avoid Brain Freeze in Brain Storming

In 1941 Alex Osborn, an advertising executive, found that conventional business meetings were inhibiting the creation of new ideas and proposed some rules designed to help stimulate them. To “think up” was originally the term he used to describe the process he developed, and that in turn came to be known as “brainstorming”. He described brainstorming as “a conference technique by which a group attempts … Continue reading 6 Tips to avoid Brain Freeze in Brain Storming