StudentShare solutions
Triangle menu

Strategic Recommendations and Action Plan - Essay Example


Extract of sample
Strategic Recommendations and Action Plan

First, a close focus of tourism demand should be employed on the basis of the markets intended for visitors for the destination. In this case, market trends, travel patterns and tourist arrivals should be analyzed thoroughly, as it will help in internalization of the competition that exists in other destinations having the same attractions. Secondly, focusing of tourism supply should be initiated with regard to facilities, accommodation and attractions. The experience of visitors should be considered through the analysis of human resources, infrastructure and transportation. When assessing new developments in remote areas, a critical factor will be a selection of the site, for erection of commercial buildings and the proposed hotels. However, in the assessment of complex structures in areas where integrated resorts will be in question, a number of factors will have to be considered. In such a case, MGM Resorts International will have to consider addressing a number of issues. First, the link between tourist attraction and the site should be addressed and secondly, access to sufficient housing and local work force. Thirdly, the perception of the resident population towards development should be looked at as well as the access to utilities infrastructure and transport systems. Similarly, availability of regional attractions and tourism gateways should be explored. Hand in hand, ready availability of ample land for development should be looked at. Lastly, the attraction of the physical environment

Related Essays

Strategic Plan for CBD Energy
This pressure calls for expansion of business base and thus an accompanying strategic plan that will meet the expansion. Secondly, as a response to the pressure discussed earlier, CBD Energy has decided on installing solar inventers effective January 2011 and plan on increasing the unit base of production as the months go by.
6 pages (1500 words) Essay
Strategic Plan (for school)
Thank you! The comprehensive plan should address issue of reaching benchmarks in state assessments for graduation that affects the school district, the students' homes, and the community. Since school districts are restructuring to meet the students' needs for the 21st century, the plan should reflect a shift in paradigms.
2 pages (500 words) Essay
Strategic Human Resources Plan
Like marketing or any corporate level strategy each company has to plan its own human resource strategy for profit and efficiency based on its culture, people, organization and the human resource system. To gain competitive advantage firms need high quality and flexibility.
10 pages (2500 words) Essay
Strategic management paper III (Recommendations for OTD)
On the basis of the study conducted a set of plausible recommendations have been framed for the firm. These strategies if implemented would lead to generation of
3 pages (750 words) Essay
Analyse an Organisation (or part of an Organisation) of your choice and discuss the strengths and weknesses of its strategic plan and the implementation of that plan. Include recommendations for improvement, with appropriate examples
Hence based on this definition, an organization is said to have successful performance if it has achieved financial and nonfinancial targets,
10 pages (2500 words) Essay
Write a report critically analysing the internal and external environment of Apple Co and propose a plan that identifies and addresses a key issue relating to effective leadership and management and then provides recommendations for action
The company is listed on NASDAQ and New York Stock Exchange. Apple Inc has become the synonym for innovation with its cutting edge technology (Apple, 2012). The company has been constantly delivering products and services as
20 pages (5000 words) Essay
Final Strategic Plan
Some people will listen, start to do their research and try to eat better while others just say things like “we all got to go one day.” Health eating
2 pages (500 words) Essay
Strategic Management in Action

The conclusion from this study states that strategy management-in-action needs a great deal of investment, but it also brings considerable returns on investment. Instead of a drawn-out, and costly strategy session that suppresses action, catalytic actions generate both immediate and long-lasting results and permits the immediate examination of strategy against practicality.

24 pages (3000 words) Essay
Strategic Action Plan
The condition is even worse because of the 100 drums left buried on the site. Most of these drums are rusting while some are depicting signs of cracking. A strong smell of pungent chemicals is evident from the air near the
2 pages (500 words) Essay
Strategic Action Plan for Food Waste Management
immings and peelings, inedible products such as bones, coffee grounds, tea leaves etc., and avoidable food waste such as out of date spoiled food, erroneous work place practices such as errors by the kitchen staff, large food portions leading to per plate wastage. The problem
12 pages (3000 words) Essay
and the nature of climate should be given some attention. Similarly, the capacity of services and products of the resorts should be adequate and up to date. The management team of MGM Resorts International should employ the present technology, in the process of providing its services and products on a daily basis. The skills and technical knowledge of the company’s service and sales staff should be acceptable, and the variety and quality of the company's services and products marketed in the tourism industry should be exclusive. This strategy will focus on improving the technology of the company’s services and products, while meeting the needs of customers in the market. Thirdly, the company should focus on tourism impacts with regard to social and cultural developmental impacts. In this case, sustainability in the industry should be entailed with regard to waste disposal, natural scenery, water quality and use of land. The current world is advocating for environmental protection 'therefore' MGM Resorts International should consider the protection of the natural environment as a tourism impact strategy, and overuse of natural resources should be minimized to manageable levels. Lastly, financial and economic strategies should be laid out with regard to the benefits for the local economy, including the creation of employment and spending. The management, monitoring and utilization of resources for the company’s advancement, should be defined by this strategy. For instance, MGM Resorts International should engage in the recruitment of healthy professionals, who have experiences and potentials of higher levels, besides providing employees with a suitable environment in the workplace. Other than that, the company should how the company’s accesses capital and controls over inventory and purchases, with regard to tourism activities. More so, the management of credit and cash, management of finance and budgets, the


Strategic Recommendations and Action Plan Name Instructor Task Date Strategic Recommendations for MGM Resorts International For the continuity of the organization, MGM Resorts International should focus on long-term strategies that will eventually facilitate the growth of the business…
Author : mcculloughmalco
Strategic Recommendations and Action Plan essay example
Read Text Preview
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation