STRATEGIC MANAGEMENT IN HOSPITALITY (2 Credits)
Learning Outcomes:
On successful completion of this course, student will be able to: analyze strategic analysis that cover both organization’s internal and external environment examination of hospitality industry; classify strategic selection stages that contribute in making decisions for organization’s future; examine strategic implementation through organization’s resource base, culture, and structure.
Topics:
- Strategy and Strategic Objectives for Hospitality Organizations
- The THE Strategy
- Hospitality Organizations; The Operational Context
- Hospitality Organizations; The Human Resources Context
- Hospitality Organizations; The Financial Context
- Hospitality Organizations; The Products and Markets Context
- The External Environments: Macro Context I
- The External Environments: Macro Context II
- The External Environments: Micro Context I
- The External Environments: Micro Context II
- SWOT Analysis
- Strategic Selection
- Strategic Implementation
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