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Capstone Project Board Presentation

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Business
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Jack Welch Management Institute
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Capstone Project: Board Presentation Introduction • The emergence of COVID-19 has had a significant impact on the hospitality industry. • The developments have affected the profitability of key players (Safonov & Borshch, 2020). • In the midst of the pandemic, it is vital to develop an unique approach to address the challenges posed by COVID-19. • Therefore, there will be insights on mechanisms to overcome the challenges posed by COVID-19. 2 Organization Overview • Hilton International is a major player in the hospitality industry. • Emergence of COVID-19 had severe impacts on the operations of the company (Safonov & Borshch, 2020). • There was sharp decline in demand of services offered by the company. • Therefore, it is vital to develop mechanisms to address the challenges posed by the pandemic. 3 Current Situation • There have been many concerns on the future of operations in the hospitality industry. • The uncertainties have raised numerous issues to the management. • Based on the development, there are calls to make the necessary changes to increase the organization’s capacity to adapt to changes. 4 Current Concerns • The are questions on whether the operations in the industry will return to pre-pandemic levels. • The industry mostly relies on travel in increasing the efficiency and productivity. • The reduction in operations is likely to impact Hilton’s productivity. • Therefore, there is need to develop a m ...
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