ManagementTheory & Practice Topic:Management use Planning Tools in Hotel Presented to: Waqas Raza Presented by: M.Hashaam Roll No. : AM552381 Class : MBA (B&F) 1st Semester Allama Iqbal Open University ASC: Punjab Computer College, Garhishao, Lahore
Acknowledgment First of all thanks of Allah who is most beneficent and the most merciful whose blessings are abundant and favors are unlimited. It is my pleasure to acknowledge the guidance and support of my subject Teacher: Mr. Adnan Siddiqui for her endless guidance.My deepest gratitude goes to my Parents and all of my friends for their moral support, understanding and help. I would also like to acknowledge “Pearl Continental Lahore”.
An AbstractPlanning Tools are those techniques which helps manager’s to make plan affective. In any organization Planning Tools play vital role in management.In Pearl Continental Lahore, Planning tools helps to achieve the set goals and objectives.
Introduction to Planning Tools Definition “Manager’s have a variety oftools available that can enhance and facilitate the planning process”.
Introduction to Planning Tools cont...There are three categories of Basic Planning tools and Techniques which are following: For Assessing the Environment For Allocating Resources Contemporary Planning Techniques
Case StudyManagement Planning Tool’s in Pearl Continental Hotel Lahore
About Pearl Continental Hotel Lahore Pearl Continental Hotel is the largest and Pakistans only five star ( ) chain. In 1985 Hashoo Group took over this company through privatization and changed the name from Inter Continental to Pearl Continental (PC).In 1967 PC Lahore came into existence.
Vision & Mission Vision “We’ll open the doors; you’ll see what’s in store.” Mission“Our mission is to be the hotel recognized as the leader in the industry in any aspect. We are committed to train and develop all our staff members allowing them to grow in their careers and provide services and standards which exceed guest expectations.”
Planning tools used in Pearl Continental Hotel LahoreThe following Planning tools areused by Hotel Management in PC.SchedulingPie Charts and Graph’sBreak-Even AnalysisForecastingBudgeting
Merit’s and Demerit’s of Planning Tools in PCMerit’s Demerit’s• Achieve Target’s • Wrong Fact• Quality Products Figures• Excellent Service• Creative Innovation
Strengths and Weaknesses of Planning tools in PCStrengths Weaknesses• Quality Products • Terrorism and• Excellent Service Instability in• Financial Strength Country• Organized • Country Repute Management
Conclusion I conclude that in Pearl Continental, Planning tools are working most efficiently to achieve their goals and objectives.Planning tools helps the manager’s to manage the plans affectively.
RecommendationsIn Pearl Continental Lahore there is need of new technology to make more efficient planning tools. Availability of information for planning tools should be correct and accurate.