This document outlines a dissertation on the importance of motivation and retention in the London restaurant industry. It begins with an introduction that discusses the importance of the hospitality industry in the UK economy and defines key terms like motivation and retention. It then presents the aim and objectives of evaluating the importance and interrelationship of staff motivation and retention on organizational performance at MotiMahal Restaurant in London. Next, it provides an overview of the research framework and literature review on theories of staff motivation and retention. It also includes a case study of MotiMahal Restaurant in Covent Garden, London to aid the research. The document concludes by justifying the use of a mixed methods research approach for the study.
Dissertation Importance of Motivation and Retention for London Restaurant SampleDissertationFirst
The Hospitality Industry is one of the biggest industry which helps in giving employment to the people. It has been declared that in spite the global crises this particular industry will never have the problem of credit crunch as people will never stop eating. It is also predicted that this industry will have its downfall almost at the bottom of all (United Nations World Tourism Organisation, 2009). Along with this it is also been declared as the 5th largest industry which gives employment to the people.
The report by the British Hospitality Association commonly known as BHA has made a report which clearly says that the Hospitality industries contribution to the economy cannot be neglected. This contribution helps the UK markets economy grown. Sir David Michel(2010), the president of BHA said that the report which was prepared by the Oxford Economics department made it very clear that the economy of UK is backed by the hospitality industry. Along with this he also added that it has a huge amount of potential in creating jobs and this needs to be focused in order to help get the economy high. The report clearly states that its 5th largest industry which helps employment and employs around 2.4m people that is (1 in 13 of the total jobs). The report estimates that 400,000jobs in the hospitality industry and related services. There are 1.26m jobs in the restaurant industry, 750,000 in the contract catering industry and also in-housecatering, along with this the event management industry has 20,000jobs. The president also added that the hospitality industry makes a turnover of £90bn and this helps to contribute to the £46bn to the UK economy in GVA( this is wage and profits), this helps to achieve the £34bn in gross tax revenue.
In short the BHA president, Sir David Michel wanted to say that, the 4.2% of the total investment done in the UK economy is done by the hospitality industry, by creating a sustainability of 61,000 jobs along with 39,000 of this jobs in construction and related activities.
This report clearly states that it’s a huge industry which helps in creating employment, but the most important part is to retain the staff by fulfilling their needs and motivating them to stay back and work efficiently. For this the birth of Humana Resource Management came into being, more aptly known as HRM.
Employee Motivation as a tool to implement internal Marketing.Rajkumar Adhikari
Implementation of strategies in the organization is the major problem. For the happening of marketing motivation plays an important role. Without motivation of employees, it is difficult to implement internal marketing. In the external marketing, we are using motivational marketing concept so that customer buy the product repeatedly. Motivational marketing brings customer loyalty. Internal marketing is the growing concept in the organization. It is the buy-in process. Before doing external marketing, it is essential to starts marketing inside the organization. Employee motivation is a tool through which buy in process becomes easy. This study reveals what are the difficulties organizations are facing in implementation of internal marketing. Motivation of employees is prerequisite for success of internal marketing. To improve performance of organization internal marketing is implementing in the internal market. Before implementing marketing strategies, it is important to motivate employee first. However, internal marketing concept under conceptualized. There is need to focus on its concept. Many authors gave their own view about this concept
A project report submitted to Amrita Vishwa Vidyapeetham in partial fulfillment of the award of degree of Bachelor of Business Management
Topic : A STUDY ON JOB SATISFACTION OF EMPLOYEES AT PALM FIBRE (INDIA) PRIVATE LIMITED PATHIRAPALLY, ALAPPUZHA
Period : 1st June 2012 to 30th June 2012
To ensure the development of the employee and organizational success companies need to take various measures for the planning and successful growth. Read this document to know more about it.
Financial decisions are crucial part of business activities because it has direct impact on the liquidity of its operations. Read this sample report to know about various task of financial analysis.
Dissertation Importance of Motivation and Retention for London Restaurant SampleDissertationFirst
The Hospitality Industry is one of the biggest industry which helps in giving employment to the people. It has been declared that in spite the global crises this particular industry will never have the problem of credit crunch as people will never stop eating. It is also predicted that this industry will have its downfall almost at the bottom of all (United Nations World Tourism Organisation, 2009). Along with this it is also been declared as the 5th largest industry which gives employment to the people.
The report by the British Hospitality Association commonly known as BHA has made a report which clearly says that the Hospitality industries contribution to the economy cannot be neglected. This contribution helps the UK markets economy grown. Sir David Michel(2010), the president of BHA said that the report which was prepared by the Oxford Economics department made it very clear that the economy of UK is backed by the hospitality industry. Along with this he also added that it has a huge amount of potential in creating jobs and this needs to be focused in order to help get the economy high. The report clearly states that its 5th largest industry which helps employment and employs around 2.4m people that is (1 in 13 of the total jobs). The report estimates that 400,000jobs in the hospitality industry and related services. There are 1.26m jobs in the restaurant industry, 750,000 in the contract catering industry and also in-housecatering, along with this the event management industry has 20,000jobs. The president also added that the hospitality industry makes a turnover of £90bn and this helps to contribute to the £46bn to the UK economy in GVA( this is wage and profits), this helps to achieve the £34bn in gross tax revenue.
In short the BHA president, Sir David Michel wanted to say that, the 4.2% of the total investment done in the UK economy is done by the hospitality industry, by creating a sustainability of 61,000 jobs along with 39,000 of this jobs in construction and related activities.
This report clearly states that it’s a huge industry which helps in creating employment, but the most important part is to retain the staff by fulfilling their needs and motivating them to stay back and work efficiently. For this the birth of Humana Resource Management came into being, more aptly known as HRM.
Employee Motivation as a tool to implement internal Marketing.Rajkumar Adhikari
Implementation of strategies in the organization is the major problem. For the happening of marketing motivation plays an important role. Without motivation of employees, it is difficult to implement internal marketing. In the external marketing, we are using motivational marketing concept so that customer buy the product repeatedly. Motivational marketing brings customer loyalty. Internal marketing is the growing concept in the organization. It is the buy-in process. Before doing external marketing, it is essential to starts marketing inside the organization. Employee motivation is a tool through which buy in process becomes easy. This study reveals what are the difficulties organizations are facing in implementation of internal marketing. Motivation of employees is prerequisite for success of internal marketing. To improve performance of organization internal marketing is implementing in the internal market. Before implementing marketing strategies, it is important to motivate employee first. However, internal marketing concept under conceptualized. There is need to focus on its concept. Many authors gave their own view about this concept
A project report submitted to Amrita Vishwa Vidyapeetham in partial fulfillment of the award of degree of Bachelor of Business Management
Topic : A STUDY ON JOB SATISFACTION OF EMPLOYEES AT PALM FIBRE (INDIA) PRIVATE LIMITED PATHIRAPALLY, ALAPPUZHA
Period : 1st June 2012 to 30th June 2012
To ensure the development of the employee and organizational success companies need to take various measures for the planning and successful growth. Read this document to know more about it.
Financial decisions are crucial part of business activities because it has direct impact on the liquidity of its operations. Read this sample report to know about various task of financial analysis.
A Study on Employees Absenteeism has a scope of learning and defining the objectives that needs to followed by the employees in order to complete the assigned work. Also, this study will help you learn the limitations by implementing the questionnaires of this problem. Important characteristics of Indian workers are that, they are in the habit of abstaining from work compared to workers of other countries. The rate of Absenteeism ranges from 4.3% to 44.8%.It also varies with the seasons in the year, the highest being during May, June of every year. The main reasons for absenteeism are sickness, accidents or maternity. These factors accounted for about 1.1 to 6.6%. Social and religious causes as high as 1.7% to14.2 %.Other causes like visiting villages for attending litigation, rest, and recreation account for 0.1% to17.5 % of total absenteeism. Absenteeism is directly effects on the progress of the country and as such the companies are facing a downward trend due to recession and all that are involved in the process are to be looked into. So I have selected this work at GO GO INTERNATIONAL Pvt. Ltd., Hassan to identify the level of absenteeism and to facilitate the company to move in this direction and find some progressive results. Naturally organization has to look in to these aspects and need to find suitable remedial measures so that qualitative and quantitative progress can be achieved. In this present study Employees Absenteeism is analysed in depth.
A Study on Level of employee Job satisfaction in Bharathi AssociatesProjects Kart
A job satisfaction is one of the key factors affecting the employees performance in each and every organization. This research is focused on understanding the problem statement with the help of questionnaires. Job satisfaction describes how content an individual is with his or her job. It is a relatively recent term since in previous centuries the jobs available to a particular person were often predetermined by the occupation of the person’s parent. There are a variety of factors that can influence a person’s level of job satisfaction. Some of these factors include the level of pay and benefits, the perceived fairness of the promotion system within a company, the quality of the working conditions, leadership and social relationships, the job itself( the variety of tasks involved, the interest and challenge the job generates, and clarity of the job description/ requirements)
A STUDY ON JOB ON JOB SATISFACTION OF EMPLOYEES AT VIJAYALAKSHMI ENGINEERING ...IAEME Publication
Human resource is considered to be most valuable asset in any organization. It is the sum-total of inherent abilities, acquired knowledge and skill represented by talents and aptitude of the employed person who comprise executives, supervisors and rank file employees. It may be noted here that human resources should be utilized to maximum possible extent, in order to achieve individual and organizational goals.
It is thus employee performance, which ultimately decides the attainment of goals. However, the employee performance is to large extent, influence by motivation and job satisfaction. So an attempt has been made by the researcher to study the job satisfaction level of the staffs in VEWL located at Thuvakudi-Trichy.
A STUDY ON LEADERSHIP BEHAVIOR AND JOB SATISFACTION AMONG HOSPITAL EMPLOYEES ...IAEME Publication
The purpose of the study is to investigate the leadership behaviors and job satisfaction within employees in order to advance the understanding of these concepts as well as to comprehend the relationships among them. The study will gain better understanding of the predictability of job satisfaction based on leadership behavior the study will examine the causal relationships that exist between leadership behavior and job satisfaction in order to determine what direct or indirect impact each of them. The study collected data from employees working in hospitals. The sample size for the study is 120 by adopting purposive sampling technique.
A study on level of job satisfaction in quality dept employeesProjects Kart
A study on level of job satisfaction in quality department employees conducted at Go Go International Pvt. Ltd. This study has collected an extensive information on level of job satisfaction in the internal quality department. Job satisfaction describes how content an individual is with his or her job. It is a relatively recent term since in previous centuries the jobs available to a particular person were often predetermined by the occupation of the person’s parent. There are a variety of factors that can influence a person’s level of job satisfaction. Some of these factors include the level of pay and benefits, the perceived fairness of the promotion system within a company, the quality of the working conditions, leadership and social relationships, the job itself (the variety of tasks involved, the interest and challenge the job generates, and clarity of the job description/ requirements). Visit http://www.projectskart.com/p/contact-us.html for more information.
A Study on Employees Absenteeism has a scope of learning and defining the objectives that needs to followed by the employees in order to complete the assigned work. Also, this study will help you learn the limitations by implementing the questionnaires of this problem. Important characteristics of Indian workers are that, they are in the habit of abstaining from work compared to workers of other countries. The rate of Absenteeism ranges from 4.3% to 44.8%.It also varies with the seasons in the year, the highest being during May, June of every year. The main reasons for absenteeism are sickness, accidents or maternity. These factors accounted for about 1.1 to 6.6%. Social and religious causes as high as 1.7% to14.2 %.Other causes like visiting villages for attending litigation, rest, and recreation account for 0.1% to17.5 % of total absenteeism. Absenteeism is directly effects on the progress of the country and as such the companies are facing a downward trend due to recession and all that are involved in the process are to be looked into. So I have selected this work at GO GO INTERNATIONAL Pvt. Ltd., Hassan to identify the level of absenteeism and to facilitate the company to move in this direction and find some progressive results. Naturally organization has to look in to these aspects and need to find suitable remedial measures so that qualitative and quantitative progress can be achieved. In this present study Employees Absenteeism is analysed in depth.
A Study on Level of employee Job satisfaction in Bharathi AssociatesProjects Kart
A job satisfaction is one of the key factors affecting the employees performance in each and every organization. This research is focused on understanding the problem statement with the help of questionnaires. Job satisfaction describes how content an individual is with his or her job. It is a relatively recent term since in previous centuries the jobs available to a particular person were often predetermined by the occupation of the person’s parent. There are a variety of factors that can influence a person’s level of job satisfaction. Some of these factors include the level of pay and benefits, the perceived fairness of the promotion system within a company, the quality of the working conditions, leadership and social relationships, the job itself( the variety of tasks involved, the interest and challenge the job generates, and clarity of the job description/ requirements)
A STUDY ON JOB ON JOB SATISFACTION OF EMPLOYEES AT VIJAYALAKSHMI ENGINEERING ...IAEME Publication
Human resource is considered to be most valuable asset in any organization. It is the sum-total of inherent abilities, acquired knowledge and skill represented by talents and aptitude of the employed person who comprise executives, supervisors and rank file employees. It may be noted here that human resources should be utilized to maximum possible extent, in order to achieve individual and organizational goals.
It is thus employee performance, which ultimately decides the attainment of goals. However, the employee performance is to large extent, influence by motivation and job satisfaction. So an attempt has been made by the researcher to study the job satisfaction level of the staffs in VEWL located at Thuvakudi-Trichy.
A STUDY ON LEADERSHIP BEHAVIOR AND JOB SATISFACTION AMONG HOSPITAL EMPLOYEES ...IAEME Publication
The purpose of the study is to investigate the leadership behaviors and job satisfaction within employees in order to advance the understanding of these concepts as well as to comprehend the relationships among them. The study will gain better understanding of the predictability of job satisfaction based on leadership behavior the study will examine the causal relationships that exist between leadership behavior and job satisfaction in order to determine what direct or indirect impact each of them. The study collected data from employees working in hospitals. The sample size for the study is 120 by adopting purposive sampling technique.
A study on level of job satisfaction in quality dept employeesProjects Kart
A study on level of job satisfaction in quality department employees conducted at Go Go International Pvt. Ltd. This study has collected an extensive information on level of job satisfaction in the internal quality department. Job satisfaction describes how content an individual is with his or her job. It is a relatively recent term since in previous centuries the jobs available to a particular person were often predetermined by the occupation of the person’s parent. There are a variety of factors that can influence a person’s level of job satisfaction. Some of these factors include the level of pay and benefits, the perceived fairness of the promotion system within a company, the quality of the working conditions, leadership and social relationships, the job itself (the variety of tasks involved, the interest and challenge the job generates, and clarity of the job description/ requirements). Visit http://www.projectskart.com/p/contact-us.html for more information.
“A Study on various techniques of motivation of employees”fiza91
Motivating employees can be one of biggest challenges as an employer, but learning how to inspire each individual is the key to a successful organization.
Mobile application for hotels to Strengthen brand loyalty and build customer retention
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fees by encouraging guests to make direct bookings through the app. Save printing cost on traditional paper based brochures
IMPROVES GUEST EXPERIENCE : Guests can search for any hotel property within your brand and book their stay from their own device. Guests can request airport pickup ,conference room booking and order special requests for when they arrive
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Customer Retention Strategies: 5 Steps to Winning and Keeping Customers for LifeSalesChannel International
We all want Revenue Growth? No, we all want profitable Revenue Growth! That means minimising Churn and/or maximising Retention. The challenge is that Retention is not a long-term, sustainable strategy. If the Customer wants out she will find a way. The better long-term, sustainable strategy is finding ways to make them want to stay. The Million dollar question is: How do you make them want to stay?
Business Environment Assignment Sample - Assignment Prime AustraliaAdam Jackson
Assignment Prime is providing a sample assignment on "Business Environment" to the Australian students written by an expert writer. We have a team of professional writers which covers a wide range of subjects and draft free samples for students. We provide assignment writing services at pocket-friendly prices. Contact us now for exciting offers and score A+ grades in exams.
College Application Essays Samples.pdfWendy Bolden
FREE 11+ College Essay Samples in MS Word | PDF. Expert Guide to Write a College Application Essay | Examples. 30+ College Essay Examples | MS Word, PDF | Examples. ️ Sample college admission essays about yourself. Examples of college .... 012 College Application Essay Examples About Yourself Ideas Collection .... Nc state mfa creative writing - Smart Dissertations with Qualified .... How to write a college application essay young - You Are What You Write .... FREE 11+ Sample College Essay Templates in MS Word | PDF. College Essay Examples - 9+ in PDF | Examples. How To Write A College Application Essay - Writing Process. how to write a college application essay. Persuasive College Application Essay Online. How to Write a College Application Essay.
Stop looking out of the window and start looking in the mirror (2014)Tony Mattson
Our economy has a productivity problem. The solution is to address our engagement deficit and I believe that marketers are best placed to lead this.
However, marketing professionals have traditionally concerned themselves with external demand- side growth from customers rather than internal supply-side performance from employees. This has to change.
If marketers can embrace this opportunity, they will not only help themselves in their quests to become the business leaders of tomorrow; they will also improve their organisations’ performance and contribute to the wider health of the UK economy.
Mixed Economy Essay.pdfMixed Economy Essay. Sorting Out the Mixed Economy | P...Roberta Turner
Mixed Economy - Essay - Applied Economics - StuDocu. UK economy as a mixed economy - PHDessay.com. Managing Mixed Economy Essay Example | Topics and Well Written Essays .... Managing in a mixed economy Essay Example | Topics and Well Written .... What Is The Role Of Government In A Mixed Economy Essay Example for .... Mixed economy.
Dissertation research on the effectiveness of customer relationship manageme...WritingHubUK
The increased necessity of the Customer Relationship management is well detailed in the present research. The research is also a capsule of the beneficial effects of CRM as well as the impact of CRM on the processes of customer retention as well as the customer acquisition. The researcher has taken the case study of a well established firm, Tesco plc, for the analysis as well as assessment of the above mentioned aspects of relationship marketing. The researcher has also given a sufficient quantity of the literatures which are well related to the present topic.
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
This is an assignment produced by a student at the University of East Anglia which looks at how the retailer, WM Morrison's Supermarkets Plc, interacts as a system with its external environment in terms of the macro-environmental and economical factors associated with the UK retailer industry of 2009. Includes PESTLE Analysis and full reference/further reading lists.
A research reflection report is a report regarding the internal thoughts about the particular issue or topic under the study. Basically, it is referred as the self examination of the researcher about his work. A research project is a multifold task involving experimentation, data collection and analysis and many more. One can convey all the experiences, learning along with the barriers, which are being faced during the project.
The current report deals with the mining and oil mining industry of Mongolia. The report has tried to focus on licensing as the strategy for market entry in oil mining in Mongolia. As it was found during the research, Mongolia is rich in mineral resources and its oil industry is huge with fortunes to be made in oil mining. Licensing plays a very important role in the mining industry as it defines the limits of operations of the particular company. Mongolia has been dominated by agriculture and small enterprises but in the recent decades mining has contributed a lot towards the economic development of Mongolia. It is the 11th largest in terms of coal reserves in the world. It is also the second largest in terms of copper reserves in the world.
The research report which has chosen by me here is demonstrating about setting up of business plan in an underdeveloped country. The business and country that is selected to be established is a multi cuisine restaurant in Mongolia. Mongolia is sheltered in between China and Russia. It covers 1,565,000 sq km. area under which 60 percent of total population is resides in the Ulaanbaatar. In addition to this, 95,000 and 74,000 inhabitants live in two main urban centers, such as Erdenet and Darkhan. Moreover, now day’s tourists from diverse places are more attracted towards visiting Mongolia, due to presence of Forests Mountains, dissimilar landscapes ranging from the huge steppes and the country’s most popular Gobi desert. These all striking factors of the place have forced me to make research on the driving dynamics, which is creating desires in the other nation’s people to visit Mongolia.
The company was established upon purchase of the Hyatt House, at Los Angeles International Airport dated 27th September 1957. Owner of the Hyatt were entrepreneurs, Hyatt Von Dehn and Jack D.Crouch. Later, Von Dehn decided to get out of the hotel business. His share was sold to the hotel Jay Pritzker. Jay’s younger brother Donald Pritzer, undertaken the responsbility of hotel operation and acquired motels and hotels. Under Donald’s leadership, Hyatt Corporation became the greatest growing chain of hotels in the United States until his death in the year 1972. Hyatt is a global corporation with broadly recognised, industry. Mission of the hotel is to provide benchmark services by creating a difference. Hyatt key properties by region includes North America, Europe/Middle East/Africa, Latin America, Asia Pacific, Southwest Asia.
With increasing globalization and related advantages, most of the present firms are trying to go international. This is all due to maximizing the potential benefits available in different countries. With this, firms are trying to increase their presence throughout the world. Today, different countries have different advantages as some country is good in some specific industries, whereas some in others. Therefore, firms operating in an industry look for other nations doing well in the similar industries and have huge potential so that, they could take advantage of it.
This document applies to all students registered as a student at Anglia Ruskin University in the Ashcroft International Business School (AIBS), and all their Partner Institutions, regarding the ethical approval of Undergraduate, Taught Postgraduate Masters Dissertations, Research–based Management Research Reports, and Work-based projects. For those undertaking any research/project work outside the UK you are required to ensure that your research/study/project complies with UK legal and ethical requirements.
Both qualitative and quantitative research techniques are applied in this paper. Positivism and interpretivism research approach is followed in the paper. The data is collected by applying both primary and secondary research methods. The data collected from survey responses is presented in the form of graphs and charts to analyze it properly
Importance of Skill development and Training Sampledissertationprime
The research planned is based on the human resource management. HRM is the most important area of concern for each and every business organizations. This is because organizations depend on the entrepreneurial behavior at a great extent that calls for a high degree of motivation and achievement to engender business excellence. The organizational performance has greatly been affected by the human resources and thereby, it is essential to follow right training and proper skills development. The extent to which the employees are committed to their work and organization has a significant on a performance of the organizations.The effective training and skills development not only bring required change in the human behavior, but also enhance employee‟s willingness to work and the desire to constantly improve his performance.
Role of Communication to Protect People from Diabetes Sampledissertationprime
The project suggests various measures to address the existing issues in Tower Hamlets council and in the borough. The most significant problems observed in Tower Hamlets region is the lack of communication between resident and council members. It causes great concern in the region. Recently, it is observed that diabetes is continuously spreading in the Tower Hamlets region due to lack of awareness among people in the region. People in the region cannot be well informed about diabetes because of communication problems in the region. This project can help Tower Hamlets council to control the diabetes in the region. Diabetes can be controlled in the region with the help of various methods of communication explained in the project. The Tower Hamlets council members would be able to increase the awareness of residents of the region by maintaining continuous flow of information.
This research is undertaken with a rationale to evaluate the need of microfinance in developed countries by taking a classic example of United Kingdom (UK). The current global financial environment is very risky and unstable due to the continuous changes in social and technological environment. Thus, the focal point of this study is to provide a significant overview on the need of microfinance, mainly in the developed countries such as UK.
Case Study on Dissociative Identity Disorder Sampledissertationprime
Dissociative Identity Disorder (DID) is a controversial condition that centres on the presence of alter personalities. Sceptics say that the alter personalities, which are the hallmark of DID, result from therapist iatrogenic bias and/or from patients who are malingering or responding to reinforcement. Non-sceptics say that alter personalities are a defensive reaction to unmanageable trauma.
Home service management firms provide services to the families or the individuals to accomplish their daily routine household work. And in return they charge reasonable service charges. This concept of home service management helps families and individuals to save their precious time and energy. Further, they also get extra time to indulge in leisure activities, as now they don’t have to plan or bother about completing the household chores.
Setting up a gardening business is a tedious task and encompasses many complex and essential things to be kept in intellect. Planning, both for the small business or large venture involves insertion of innovative ideas and amplification of aims and objectives. A garden can be defined as a planned space, generally outdoors, set aside for the purpose of enjoyment of human beings, animals, plants and other forms of nature .
It is a business development proposal, designed for establishing a new venture as an entrepreneur. A new venture needs to have a detailed business proposal plan. This business proposal plan is a prescribed expression of the entrepreneurial vision along with description regarding the operations and strategy of the proposed endeavor. The main advantages of writing a detailed business plan is the offsetting the costs. Business plan enables the top management and executives in the firm to ponder about the business comprehensively, to converse the business objectives to personnel, to include a decision making base and to smooth the progress of the planning.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
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Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Discover the innovative and creative projects that highlight my journey throu...
Importance of Motivation and Retention in Restaurant Industry Sample
1. Title of the Dissertation
Importance of motivation and
retention in the London restaurant
industry.
Student name:
Data number :
Submitted to:
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3. The Hospitality Industry is one of the biggest industry which helps in giving
employment to the people. It has been declared that in spite the global crises
this particular industry will never have the problem of credit crunch as people
will never stop eating. It is also predicted that this industry will have its
downfall almost at the bottom of all (United Nations World Tourism
Organisation, 2009). Along with this it is also been declared as the 5th
largest
industry which gives employment to the people.
Importance of Hospitality Sector in United Kingdom
The report by the British Hospitality Association commonly known as BHA has
made a report which clearly says that the Hospitality industries contribution to
the economy cannot be neglected. This contribution helps the UK markets
economy grown. Sir David Michel(2010), the president of BHA said that the
report which was prepared by the Oxford Economics department made it very
clear that the economy of UK is backed by the hospitality industry. Along with
this he also added that it has a huge amount of potential in creating jobs and this
needs to be focused in order to help get the economy high. The report clearly
states that its 5th
largest industry which helps employment and employs around
2.4m people that is (1 in 13 of the total jobs). The report estimates that
400,000jobs in the hospitality industry and related services. There are 1.26m
jobs in the restaurant industry, 750,000 in the contract catering industry and also
in-housecatering, along with this the event management industry has
20,000jobs. The president also added that the hospitality industry makes a
turnover of £90bn and this helps to contribute to the £46bn to the UK economy
in GVA( this is wage and profits), this helps to achieve the £34bn in gross tax
revenue.
In short the BHA president, Sir David Michel wanted to say that, the 4.2% of
the total investment done in the UK economy is done by the hospitality
industry, by creating a sustainability of 61,000 jobs along with 39,000 of this
jobs in construction and related activities.
This report clearly states that it’s a huge industry which helps in creating
employment, but the most important part is to retain the staff by fulfilling their
needs and motivating them to stay back and work efficiently. For this the birth
of Humana Resource Management came into being, more aptly known as HRM.
Human Resource Management
Introduction
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4. Human Resource management can be defined as, “A strategic and a coherent
approach made to the management of the organisations most valued assets – the
people working in that organisation collectively as well as individually
contributing their share to achieve the goals and objectives of the organisation.”
The main purpose of the HRM department is to make sure that the organisation
achieves its success by the people they have employed. This department focuses
on recruitment, employee relationship, over all information about the company
–orientation program for new staff, manage the talent in the staff, staff
Motivation can be defined as the driver which helps in compiling the energy
and get a persistent and standard performance to achieve the desirable goal in
the life, may be for oneself or for the organisation one is working for. While
Retention is the way one shows off why one is working for that particular goal
and that can be only achieved if one is motivated about it. This is a relationship
which holds them two together; they are inter-related with each other and help
the organisation or oneself to grow.
This work is going to be focused on these two words and related areas with
them like what are the factors which help them to build the organisation help it
grow. The Restaurant industry is going to be taken into consideration for this
topic and to back it up “MotiMahal” restaurant in Covent Garden will be
considered as a case study, to understand what helps the staff to feel they are
important and make them stay back.
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5. Aim , Objectives and Research Framework
Aim:
To evaluate the importance of Staff Motivation and Staff Retention and their
inter-relationship and its effect on the operational level of the organisation in the
Restaurant industry in London (MotiMahal Restaurant)
Objectives:
1. To critically evaluate the staff motivational theories and polices of staff
retention in the organisation.
2. To analyse different drivers for the staff motivation in order to retain
them in the organisation by seeing the X-employees and the present
employees in the organisation.
3. To recommend different policies and suggest corrective methods after
studying the drawbacks and the loop holes in these policies which are
adapted by the MotiMahal restaurant in Covent Garden, London.
Research Framework:
The first part of this Dissertation is the Introduction part which helps us
to have an idea about the importance of hospitality industry in UK, how
it has been really helpful by creating job opportunities for the people in
this country along with two key words which are very important in the
dictionary of Human Resource Management Department. The aim and
objectives for this course work which will help in understanding this
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6. topic more clearly.The case study of MotiMahal restaurant is used to help
in understanding the subject.
The second part is the literature review where various authors are
discussed on their opinion about the staff motivation drivers and its
effects on helping staff retention in the organisations.
Case study : “MotiMahal” , Covent Garden London
The MotiMahal is a nice fine dine relaxed gastronomic serving Indian
restaurant located in the heart of London’s West End. The restaurant is located
in the hub of Covent Garden and theatre land makes it very busy as people love
to try the Indian taste. The restaurant has live kitchen and a capacity to
accommodate around 100 covers at one go, with a private dinning space in the
basement.
The restaurant has a chain and has its first outlet opened in Delhi in the year
1959. The speciality is that they have made a history by inventing a world
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7. famous dish called “ MurghMakhani”. The food here is very innovative and the
taste of palate of people from here is kept in mind.
The food revolves around a road which is called “Grand Trunk Road”, this road
starts from Kabul in Afghanistan and ends in West Bengal. The chef has
travelled this road and put in the dishes from each location so the menu is very
innovative as it doesn’t comprise of starter or main course. This restaurant was
opened in London in the year 2005 and from that time has made itself stand in
the race of top 10 restaurants serving Indian food according to the food critic
guides (Urbanspoon.com, 2011).
The service is the second crucial part after the taste of the food which is
important as it helps to maintain the standard of the restaurant. As it is located
in a very busy area it needs good amount of manpower. The restaurant has 2
managers, 3 supervisors, and a complete team of 14 staff members in the front
of house team. The management of this big team is very tedious as some are full
timers and some are part timers. The restaurant has a staff turnover problem to a
great level.
The dissertation will be considering the front of house team as retention is a
problem for the front of house team as they are not on any contract or legal
bond with the company as compared to the kitchen staff. The kitchen staff is on
work permit and they are all bonded by legal commitments with the company.
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8. Chapter 2
Literature Review:
2.1 Introduction:
Literature review is the most important part of the dissertation work
because it provides literary evidences and facts to support the research problem.
The literature review is mainly done through having deep insight into different
literary sources such as scholarly journal articles and textbooks. In this context
the following literature review is mainly focusing on the two major aspects of
human resource management namely employee motivation and retention.
Though these aspects of human resource management are very important in all
the business industries, yet in the following literature review the discussion of
these aspects is done in relation to restaurant industry of London. In this
relation, the literature is mainly discussing the importance of employees’
motivation and retention for restaurant industry of London. The major important
points of the dissertation are discussed under specific headings.
Employees are mainly dealt under the human resource management
department of the business organizations. The HR plans and policies framed by
the human resource managers are the essential aspects for improving the skills
of the employees as per the expectation of the management people. In the
service industry employee motivation is very much important aspect in order to
deliver quality services to the customers. All level of employees such as
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9. professional level employees, highly skilled employees, unskilled employees,
all want a sufficient degree of motivation in the organizations in order to
perform at the best level. All the service industries including restaurant industry
do consider improving the capabilities of their employees through motivations
means. In order to attain high level of satisfaction of the customers in the
service industry the motivation of the employees is the key requirement in the
service industries (Khan, Farooq and Ullah 2010).
According to the author, among all the functions of the human resource
management department, the most important function is the enhancement and
maintenance of work motivation of the employees. To provide appropriate
degree of assistance to the general managers or line manager to make their
employees fully satisfied with the job conditions provision of different kinds of
motivational styles is an essential aspect (Khan, Farooq and Ullah 2010). As
per the views of the author, establishment and provision of the effective rewards
system for the employees is the most effective source of employee motivation in
the service organizations. This kind of monetary motivation not only improves
the degree of productivity of the employees but also enhances the overall
organizational performance to a good degree (Khan, Farooq and Ullah 2010).
According to Chew, Chang and Larzarevic (2006), higher level of
motivation among the employees make them cheerful in the organization and
then they contribute their best performance for the organization (Chew, Cheng
and Lazarevic 2006). In the restaurant industry, being happiness of the work
staff is the key for the improved and effective performance of the restaurant
company. Motivation generated high spirit among the employees and these high
spirited employees become efficient enough to establish and maintain working
relationship with their co-workers in a harmonious way. With the motivation
practices the morale of the employees can be kept to higher degree. In this
regard, it is the duty of the human resource management department in the
restaurant and hotel industries to maintain a pleasant work environment in the
organizations for all the employees in order to keep them highly motivated,
because work environment influenced through high degree of stress is always
put negative impact on the performance of restaurant industry Chew, Cheng and
Lazarevic 2006).
Motivation is the link between improvement in the organizational setting
and changing working environment and employees’ performance. This is the
key to sustain high degree of competitiveness in the restaurant industry.
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10. Organizational changes are required to be managed in the organizations in such
a way that business managers as well as the employees become equally
motivated and have high spirit towards the organization. All the imposed
organizational changes and their related information having strategic relevance
must be communicated to the managers and employees in order to make them
more congruent towards the new changes and improvement made in the
restaurant companies (Chew, Cheng and Lazarevic 2006). Through such kind
of motivation employees have acceptance of all the changes and result into
improved performance of the organizations. In this way, employees’ motivation
does accentuate that in order to attain competitiveness in the restaurant industry
it is the most sustained way.
2.1.2 Employee Retention and Essential HR Practice in Restaurant
Industry:
Achievement of the human resource practices in an effective way give rise to
the increased degree of competitive advantage in the restaurant industry. It
provides direct and economically beneficial contribution in the overall
organizational performance. It has been evident that the hotel industry has been
becoming complex on continuous basis and thus it requires attainment of higher
degree of skills from all level employees in the organizations. In this series,
large numbers of organizations in the restaurant industry are focusing on
employee retention. According to Tavitiyamana, Qu, ans Zhang (2011),
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11. sample.” It is a best way as it reduces cost and requires less time
which would have consumed by the interview.
According to Saunders et al (2009), there are 2 types of
questionnaires
A. Self-administered: This is generally responded by the
respondent’s by using internet or intranet, posting it to
respondent’s or the simplest way is hand in each
respondent’s and collects it later.
B. Interviewer administered Questionnaire: In this the use of
telephonic questionnaires or structured interviews is used.
Qualitative research method:
According to Saunters et al (2009), “A qualitative research to be a
data collection technique such as interviews or data analysis
procedure such as categorising data that produces a non-numerical
data.” The managers are more helpful and respond more
efficiently to the interviews as compared to the filling up of
questionnaire (Saunders et al, 2003).
Mixed research method:
As per Creswell (2003), Mixed research method is defined as,
“The collection or analysis of both Quantitative and Qualitative
data in a single study in which the data are collected concurrently,
are given a priority , and involve integration of the data at one or
more stages in the process of the research.”
By using both the methods it helps in getting a broad and rich data
which helps in accumulation of a more convincing and to the point
information which when interpreted properly.
3.5 Justification of using Mixed Method for research:
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12. This method was much more helpful as the interview was easily available from
the Restaurant manager, the staff was very cooperative and helped me carry out
the research in a more effective manner. Apart from this since it was the
combination method, numerical as well as the non-numerical data which was
the interview helped to understand and answer the research question in more apt
manner. Also to get the feedback from ex- employees the use of “interviewed
questionnaire”, so use of telephonic conversation was used.
form the base in the data analysis.
The questions used were close ended, short, clear and to the point.
The questionnaire was distributed to the staff of “MotiMahal”
restaurant which comprises of all together14 staff members and 3
supervisors. This was the front of house team into consideration.
Finally the reason for this was it helped save time, less cost
involvement as compared to other form like online questionnaire
and stuff, as it would have been an excuse for some to give that
they don’t go online or being lazy to sign in on that website or so.
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13. Also to add on this, the info obtained from questionnaire is easy to
analyse.
Interviews:
This is used by the qualitative research method. It is very effective
as it generally good when it comes to senior level people
answering them as the opinion is going to be very effective and it
is going to be a biased free. Interview can be taken up by using
face to face, telephonic, group contribution etc. The method which
I used was face to face as it was much clearer and helped to
understand the subject in much more better form. The interview
was conducted with the restaurant manager “Mr RohitKunwar”.,
he has been with this restaurant almost 4 years now and “ Mr M.
Cheung” he is the new General manager of this restaurant. The
interview lasted like 30 minutes with each of them.
Finally this was very helpful as it help to see them in person and
help in data analysis as they are industry experts and have seen the
hospitality industry much more closely and could tell what exactly
the employee sees in the job and what employer feels the
employee should have in them. They explained as which are the
perfect strategies used by the restaurant industry.
Pilot Testing:
The questionnaire and the interview was Pilot tested on 5 different
people. This people were not given the opportunity to take part in
the actual research when conducted. This helped to identify to the
problems in the questions, after getting identify the loop holes like
the misleading or confusing points they were rectified and then
again given them to see if they are proper. This made it free of
mistakes. After that the questionnaire and interview was launched.
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14. Thus the mix method for research was used. The format of this two is given in
the appendix section which helps in data analysis at the end.
3.7 Data Analysis:
In this dissertation the Questionnaire was done which was put under the
quantitative basis and the interview was put under the qualitative basis. The data
collected in the questionnaire format is put up in the form of a pie chart which
can be interpreted and seen analysed easily, while, the interview format is
interpreted in the descriptive narrative format.
Limitations :
This particular topic is such a core topic so lot of material is
written on it by different authors and lot of people have wrote
articles on this particular topic. Hence it was very difficult to
judge which topic to be given more importance and which topic to
be included in this research as there was a limit on the word count
and the time was also the constrain when doing this research
works. There were lot of journals written, but especially on
restaurant industry was bit limited and even if available it was
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15. very broad. But the online Google books, Emerald and Hounslow
library helped me to get some good and quality information.
The second part was the interview from the managers, it was bit
difficult as the season was a busy time when I proceeded to take
them and they were very busy with their restaurant promotional
business. This affected them to give me proper time commitments.
But time to time motivation from my BIR tutor and my friends and my parents
helped me compile it in time.
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16. Bibliography:
Creswell, (2003) “Advanced mixed methods research designs”, Thousand
Oaks, Calif:Sage Publications.
Flick, U. (1998), “An Introduction to Qualitative Research”, Sage
publications London2006 3rd ED
Saunders et al,(2007), “Research Methods for Business Students”,
Business & Economics Pearson Education.
date access: 15th
sep 2011.
(2011).motimahal. Available:
http://www.urbanspoon.com/r/52/567199/restaurant/London/Covent-
Garden/Moti-Mahal-Holborn. Last accessed 12th sep 2011.
Khan, K. U., Farooq, S. U. and Ullah, M. I. 2010. The Relationship
between Rewards and Employee Motivation in Commercial Banks of
Pakistan. Research Journal of Internatıonal Studıes 14, pp. 37-54.
Chew, M. M. M., Cheng, J. S. L. and Lazarevic, S. P. 2006. Managers’
Role In Implementing Organizational Change: Case Of The Restaurant
Industry In Melbourne. Journal of Global Business and Technology 2(1),
pp. 58-67.
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