Hilton Worldwide Your name …………………………. College ……………………………… ………………. Words-count- 1578 Introduction As human resources are the most powerful assets, organizations aim at strategic HR activities such as effective recruiting, selective hiring, advanced training and extensive knowledge development programs with a view to grab maximum returns on the investment of human capital…
This report examines the current HR practices of Hilton Worldwide and critically evaluates how the company has been influenced by its environments on the human resource policies of the company. Hilton Worldwide: Company Profile Hilton Hotel, now known as Hilton Worldwide, has been founded by Conard Hilton in 1919 in Texas has now emerged to be the fastest growing hotel chain to attract travelers, partners, team members and others for their preferred place for entertainment and leisure. According to Statista (2012), with Hilton’s major focuses on property expansion and other management strategies including strategic HRM, the company remains to be the fourth largest to hold the market share just behind intercontinental, Marriot and Accor hotels. It has now more than 3800 hotels and resorts in more than 90 countries with more than 630,000 rooms. It proposes to beat its competitors as it is now fastest growing in terms of revenues, room-occupancy and customer loyalties (Hiltoninternational.com, 2012). Hilton’s success has been mainly driven by on-going property expansion by which it has continually been expanding its rooms, floor-space and as a result customer base too. Despite economic recession in recent years, it was furthering its property expansion. In 2009 alone, it added more than 300 new hotels with more than 45,000 rooms across the world. In 2008, Hilton opened 327 new properties (eturbonews.com, 2010). Hilton’s current approach to HRM Organisations that invest heavily on innovative training and development are found to be very successful in achieving high performance and also in achieving the organizational goals (Noe, 2002, p. 7). Training and development programs, that may vary from firm to firm, are highly effective means for enhancing, motivating and developing people’s skills, knowledge and talent. Training is a systematic, planned and structured effort to enable the human capital within the firm to learn job-related skills. Development refers to the acquisition of knowledge, skills and behaviors that help people improve their ability to meet changes in various job requirements (Noe, Hollenbeck and Gerhert, 2003, p. 8). Hilton Worldwide has partnered with Hilton Management Services (HMS) to continually provide best-in-class human resource services to its people around the world. With help of HMS, Hilton is able to provide extensive knowledge about employment benefits and compensation and to maintain an ideal training library in all different managerial and functional areas. With these training and development models, Hilton keeps on further enhancing human skills and knowledge related to job-requirements. Out of its best-in-class services are ‘PeopleSoft’ and ‘Success-Factors’ to recruit and retain the most talented and finest staff and graduates. Electronic applicant tracking, internet recruiting and maintaining updated database to track turnover statistics are some of the very significant HRM strategies of Hilton Worldwide (hiltonmanagementservices.com, 2012). The Human Resources and Training of HMS delivers employment relations, collective bargaining agreements, recruiting, training and awareness about employment laws. Hilton also maintains stronger relationship with top schools and colleges (hiltonworldwide.com, 2012) to directly recruit fresh and ...
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Sustainability and Strategy – Hilton Hotel Introduction Hilton Hotels & Resorts or commonly Hilton Hotels is an international business chain of hotels and resorts. The company was founded by Conrad Hilton in 1919, and now it is owned by Hilton Worldwide.
The literature published on the effects of free trade has covered in great detail its empirical and theoretical aspects. Despite the fact that the parties on both side of the debate are strong, many of the economists are of the point of view that free trade leads to increased gains for the society.
Recruitment and Retention of the workforce 9 b. Well being and Happiness at work 10 Analysis and critical evaluation of issues and practices 12 Research Method 12 Method of Data Collection 13 Research Analysis 13 Recommendations 16 Conclusion 17 Reference 19 Appendix 20 Questionnaire 20 Questionnaire 20 a.
Hilton (Hilton Worldwide, 2011, p. 1). Under the impeccable endeavours of its founder, this simple name became the respected giant in the world tourism and hospitality industry (Hilton Worldwide, 2011, p. 1). The company prides of thousands of employees and members who share the spirit of hospitality, thereby spreading the specific Hilton culture across the globe.
A good hotel is ranked according to its services which include accommodation, meals, entertainment, security, affordability and accessibility among other factors. Hilton Hotel has greatly expanded its business due to its good brand name. In the United Kingdom, for instance, the hotel has branches in London, Newcastle, and Manchester cities, just to name a few.
Finally, it can be recommended that the proper use of the marketing tools can help Hilton Hotels a lot to touch the sky and become the leader in the hospitality industry along with increasing its market share. Advertising and sales promotion of Hilton Hotels is not up to the mark as per its desired standards.
In regard to Volvo, its entry to the Curitiba market can be analysed to represent Volvo’s best practices and competitive advantage. In essence, both managerial and innovation strategies plays a great part in putting the organisation at its current place in Curitiba market.
Globally it’s rated as a 5 star hotel making it one if the best international hotels. This is partly because of its modern facilities, which include finest health, and fitness facilities with the encouragement of friendly staff and extensive membership benefits.