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Strategic Management in Hospitality

The document discusses strategic management in hospitality and tourism organizations. It defines the hospitality and tourism context, evaluates characteristics and types of organizations, and discusses how strategic management can help organizations manage unique characteristics like intangibility, perishability, and being labor intensive.

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0% found this document useful (0 votes)
38 views14 pages

Strategic Management in Hospitality

The document discusses strategic management in hospitality and tourism organizations. It defines the hospitality and tourism context, evaluates characteristics and types of organizations, and discusses how strategic management can help organizations manage unique characteristics like intangibility, perishability, and being labor intensive.

Uploaded by

cgamorano
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

CHAPTER 2

STRATEGIC MANAGEMENT IN HOSPITALITY AND TOURISM

Learning Objectives

 After reading this chapter, you should be able to:


 Define the hospitality and tourism (H&T) context.

 Evaluate characteristics and types of H&T organizations.

 Discuss how characteristics of H&T organizations may influence the application of strategic management
practices in H&T organizations.

 Evaluate the current level of strategy research in the H&T field.

1
Opening Case

 Do you think Mark should accept this offer? Explain why or why not.

 If he accepts this position, what type of skills will Mark need in managing a restaurant compared to being a
manager in a candy factory?

 If he accepts this positon, how will it influence his work-life balance?

 In your view, what are the differences in managing a restaurant compared to managing a candy factory?

The Hospitality and Tourism Context

 #1 in the services sector (income and employment)

 Increasing demand worldwide

 10% world’s GDP and 11% employment

 International arrivals over 1 billion

 Continued growth for the last two decades globally

2
Challenges to the H&T Industry

 Political conflicts

 Terrorism

 Natural disasters

 Health scares

 Fluctuations in exchange rates

 Uncertain economic and political arenas

Hospitality and Tourism

 A composite of distinct industries


 It is interrelated and interdependent
 Travel

 Accommodation

 Food Service

 Clubs and Gaming

 Theme Parks

 Attractions

 Entertainment

 Recreation

 Convention

 National Tourism Offices

 Destination Management and Marketing Offices

3
Categorizing H&T Organizations

 Functional area

 Size

 Motive

 Geographical coverage

 Profit or nonprofit

Types of H&T Organizations

 Travel and Transport

 Accommodation (Lodging)

 Food and Beverage

 Entertainment and Recreation

 Tourism Offices or Destination Management Organizations

 Nongovernmental Tourism Organizations

4
Small and Medium Sized Enterprises (SMEs)

 Independent and flexible

 Dominate the tourism market worldwide

 Usually owner managed, run by an individual or small group with a workforce less than 250 employees

 More than 80% of hospitality and tourism organizations are SMEs

Differences Among H&T Organizations

 Internal and external environment

 Competition and substitutes

 Organizational culture and structure

 Cost structure

 Resource levels

 Competitive strategies

 Entry and exit barriers


5
Discussion

 Can we make generalizations about the hospitality and tourism industry?

 Why or why not?

Characteristics of H&T Organizations

 Inseparability

 Simultaneity

 Perishability

 Intangibility

 Heterogeneity

 Cost structure

 Labor intensive
6
Inseparability

 Customers are present and participate in the service delivery process.

 The separation of production and marketing is not possible.

 In service delivery for H&T, frontline employees communicate with their customers.

 Organizations must motivate customers to participate in service delivery process.

Simultaneity

 Services are created and consumed simultaneously.

 Monitoring the service delivery process is difficult.

 Need to ensure quality and consistency.

7
Perishability

 Services are perishable.

 Services cannot be stored.

 Need to achieve full capacity.

 High fluctuations in demand affect:


 Cost structure

 Pricing

 Staffing

 Resource allocation

Intangibility

 Services are more intangible than goods.

 These include ideas, concepts, interactions, relationships, and experiences.

 Intangible aspects are critical in customer satisfaction.

 Rising customer demands and expectations.

8
Heterogeneity

 Human element causes variations in service delivery.

 Customers interact with employees and other customers.

 H&T firms are highly susceptible to external changes.

 Standardization versus differentiation.

Cost Structure

 Need to understand fixed and variable cost structure.

 Influences managerial and resource allocation decisions.

 Investors and owners focus: Return on investment.

 Creative marketing, product development, and pricing strategies.

9
Labor Intensive

 H&T organizations are labor intensive.

 Interactions with employees are an important part of services.

 Employees are often the reason why customers have positive experiences.

 Employees are often the reason why guest come back or not come back.

Discussion
 Provide specific examples of each characteristic of the H&T industry.
 Inseparability

 Simultaneity

 Perishability

 Intangibility

 Heterogeneity

 Cost structure

 Labor intensive 10
Impact of Industry Characteristics on
Managing H&T Firms
 Developing mission, vision, values, goals and objectives

 Analyzing the internal and external environment as an ongoing process

 Making decisions in the areas of service delivery, pricing, and marketing

 Strategic planning practices

 Developing a sustainable competitive advantage

 Achieving and evaluating intended outcomes

Impact of Industry Characteristics on


Managing H&T Firms
 Managing capacity to maximize revenue

 Managing the cost structure of the company

 Allocating available financial and human resources for future strategies

 Evaluating and improving the service delivery process

 Interacting and satisfying customers

 Training, developing, and motivating employees and managers (our internal guests)

 Designing and decorating facilities

11
Impact of these Unique Characteristics on
Managing H&T Organizations
 Differences in H&T organizations in size, service type, profit motive, and customer segment result in
differences in the level and importance of these characteristics.

 Leaders of H&T organizations should be aware of the unique characteristics of their business.

Areas Where Strategic Management Can Help


H&T Organizations
 Provide a holistic view for the entire organization

 Provide a sharper focus on what is strategically important

 Provide a link between the external and the internal environments

 Analyze a complex and rapidly changing external environment

 Analyze an organization’s strategic resources

 Give a clear sense of strategic vision and direction

 Define organizational purposes

 Develop measurable goals and objectives

12
Areas Where Strategic Management Can Help
H&T Organizations
 Identifying key resources and investing in core competencies

 Formulating decisions and making them happen

 Leading and/or managing change

 Coordinating organizational activities and allocating resources

 Understanding the complexities of decision making

 Understanding organizational structure and culture

 Reducing and managing uncertainty inside the organization

 Measuring intended and unintended outcomes of the strategy process

 Helping to prioritize strategic commitments

Applying Strategic Management to the


H&T Context
 We must know generic strategic management theories and models

 However, the industry and organizational context is also critical

 H&T organizations reflect the typical characteristics found in the service sector

13
Strategy Research in the H&T Field
 Early 1980s: conceptual; focus on strategic planning

 Late 1980s: empirical; environmental scanning, and strategy and structure alignments

 International context
 Increased attention

 Descriptive

 Limited amount toward theoretical development

 United States: survey-based research

 European: case study-based research

 Emphasis on industry application but little theoretical contributions

 Still evolving

Summary

 Recognition of the unique characteristics can provide us with the necessary insights and understanding
of the challenges in applying strategic management in the specific context of H&T.

 The characteristics and types of H&T organizations can impact on strategic management practices,
particularly in strategic analysis, decision making, resource allocation, and creating and maintaining a
competitive advantage.

 Strategic management theories, models, and frameworks developed in the generic field can be used
and applied within the H&T context.

14

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