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Final Project on Holiday In Lahore |
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We are providing Projects for your business growth and to meet new challenges. Here are some projects prepared by our team of "Developing New Projects" for the Guarantee of your business growth
Table of Contents
Chapter No. 1.............................................................................................................
1
EXECUTIVE SUMMARY...............................................................................................
1
Chapter No. 2................................................................................................................
Literature Review.................................................................................................
2
Chapter No. 3................................................................................................................
Organization’s History.......................................................................................
9
Chapter No. 4................................................................................................................
Case
Study................................................................................................................
15
Chapter No. 5...........................................................................................................
22
Findings & Suggestions....................................................................................
22
Appendix - I
BIBLIOGRAPHY
Chapter No. 1
EXECUTIVE SUMMARY
Holiday Inn
Multan is only international standard hotel in Multan. Structure at Holiday Inn
Multan is divided into eight departments. The management of hotel is used
strategic management concept and they find their strength and weaknesses through
the process of internal assessment. The tools for gathering the data is feed
back from Guest Comment Cards, Inspection by head office, complaints,
Inspections by G.M., Manager on special duty and this data is assimilated and
evaluated in meeting where the strategies are built to eliminate the problems
and gain competitive edge over competitors.
Chapter No. 2
Literature Review
INTERNAL ASSESSMENT
Internal Audit is the part of the strategic Management process. All
organizations have strengths and weaknesses in the functional areas of business.
Internal strengths /weaknesses coupled with external
opportunities/Threats and a
clear statement of mission are establishing objectives and strategies.
Objectives and strategies are established with the intention of capitalizing
upon internal strength and overcoming weaknesses.
The key
internal forces include.
q
Management
q
Marketing.
q
Finance/Accounting
q
Production/Operations
q
Research and
development.
q
Computer
information system
There are
many areas with in these function, such as customer service, warranties,
advertising, packaging under marketing.
REASON FOR AUDITING
A firm strength that cannot easily matched with competitors are called
distinctive competencies .Building
competitive advantages
involves taking
advantage of distinctive
competencies. For example, 3M exploit its distinctive competence in
research and development by producing a wide range of innovative products.
Strategies are designed in part to improve on a firms weaknesses, turning them
into strengths, and may be even
into distinctive competencies.
THE PROCESS
OF PERFORMING
AN INTERNAL
AUDIT
Representative managers and
employees from
throughout the
firm need
to be involved
in determining a
firms strengths
and weaknesses. The internal
audit requires
gathering and
assimilating
information about the firms
management, marketing, finance/accounting, production/operations,
research and
development, and
computer information
systems operations.
Compared
to the
external audit, the
process of
performing an
internal audit, provides
more opportunity
for participants
to understand
how their
jobs, departments, and
divisions fit
into the
whole organization. When
marketing and
manufacturing managers
jointly discuss
issues related
to internal
strengths and
weaknesses, they gain
a better
appreciation of
issues, problems, concerns, and
need in all
the functional
areas. In organizations
that do
not use
strategic management,
marketing, finance, and
manufacturing managers
often do not interact with each other in significant ways. performing an
internal audit thus is an excellent vehicle or forum for improving the process
of communication in organization.
MARKETING
Marketing
can be
described as
the process
of defining, anticipating,
creating and
fulfilling customers
needs and
wants for
products and
services .
There
are the
nine basis
functions of
marketing.
1. Customer
Analysis
2. Buying
Supplies
3. Selling
Products/Services
4. Product
And Service
Planning
5. Pricing
6.
Distribution
7. Marketing
Research
8.
Opportunity Analysis
9. Social
Responsibility
MANAGEMENT
The
function of
management consists
of five
basic activities.
Planning
planning
consist of
all those
managerial activities
related to Preparing
for the
future.
Organizing
Include
all those
managerial activities
that result
in a
structure of
task and
authority relationships.
Motivating
Motivating
involves efforts directed towards shaping human Behavior.
Staffing
Staffing
activities are centered on personal on human resource management.
Controlling
Controlling
refers to all those managerial activities directed
towards assuming that actual results are consistent with planned results.
Finance / Accounting
Financial
condition often considered
the single best measure
of a
firms
competitive position
overall attractiveness
to investors
determining an
organizations
financial strengths
and weaknesses
is essential
to formulating
strategies effectively. A
firm’s liquidity, leverage,
working capital,
Profitability, asset utilization, cash flow and equity can eliminate some
strategies as being feasible alternatives financial factors often alter existing
strategies and Change implementation plans.
Production/ Operations
The
production/operations
functions of
a business consist of
all those
activities those
transform inputs
into goods
and services production/
operation management
deal with
inputs transformations
and outputs
that vary
across industries
and market
Production/Operations management
comprises five
Functions or
decision areas.
Ø
Process.
Ø
Capacity.
Ø
Inventory.
Ø
Workforce.
Ø
Quality.
Research And
Development
The
fifth major
area of
internal operations
that should
be examined for
specific strengths
and weaknesses
is research
and development.
Many
firm conduct
research and
development. The best
managed firms today seeks to organize research and development activities
in a way that break the isolation of R&D form the rest of the company and
promote a sprit of partnership between R&D managers and the others managers of
firm. Research and development in firm can take two basic forms
Internal
research and development in which an organization operates its own R&D
department.
External
research and development: in which a firm hires independent researchers and
independent agencies to develop specific product.
Computer Information
Systems
Computer
information systems
purpose in
to improve the performance
of an enterprise by improving the quality of managerial decision.
A computer
information system receives raw material from both the external and internal
evaluation of an organization. It gathers data about marketing, finance,
production and personnel matters internally and social ,cultural, demographic,
environmental and other technological and competitors factor externally. Data
are integrated in ways needed to support managerial decision making.
Chapter No. 3
Organization’s History
HOLIDAY INN
History of hotel industry
The Hotel
industry is among the top three constituents of the world economy after oil and
autos growing faster than the petroleum and arms. It is larger than automobile
industry in Japan, agriculture in the U.S.A. and banking in Switzerland.
Although service concern industries are contributing for the comfort and
business provision for the people all over the world but it took long time to
recognize hotels as the main and most useful
industry in Pakistan. The path of recognition to this industry was paved
in 1980 when Prime Minister of Pakistan “ Benazir Bhutto’ declared it as a
industry under certain act.
It leads to
the development of hotel industry. It helped the owners of the hotel to think
more seriously so that hotel can provide the benefits to the economy of our
country through attracting foreign tourists in this region.
The industry
in Pakistan is not very large to begin with . The major player are of course the
Pearl Continental, Sheraton, Marriott and Holiday Inn chains and then there is a
Serina hotel chain which is basically at the more prominent tourist spot.
v
PEARL
CONTINENTAL.
v
SHERATON.
v
MARRIOT.
v
HOLIDAY INN
WORLD WIDE.
Introduction of Holiday Inn world wide
HIWW
is the largest hotel chain offers the exceptional value service in more than
80 countries of the world with more than
1900 resorts world wide. With
5 hotels types.
HIWW is was established in 1950 . There is also a Holiday Inn hotel for
every travel occasion. It is owned by Bass International based in America .
MAJOR TYPES OF HOLIDAY INN
1.
Holiday Inn Crowne Plaza
These are
Holiday Inn World wide premier properties located in major gateway cities and
designed primarily for business travelers. These include Crown Plaza club
floors, lounges, and comprehensive meeting rooms, executive rooms, and health
club with pool. Holiday Inn Crowne plaza hotels in Europe , Africa and Asia
pacific provides outstanding sport for
business travelers , superior meeting facilities and a professional
conference staff , plus intensive business services .
2.
Holiday Inn Crown Plaza Resort
Crowne Plaza Resort in Europe , Africa
and Asia Pacific also provide extensive health and fitness facilities as
well as leisure service/concierge desk to assist in arranging resort activities
which include supervised programs. These hotels are located in premier resorts
destination worldwide. They offer high caliber resorts experience at excellent
value for money.
3.
Holiday Inn Hotels
Holiday Inn hotels are Conveniently
located in small towns, gateways near airports
for business and shopping throughout the world. They provide a restaurant
, a lounge ,Business Center and a
range of different facilities .
4.
Holiday Inn Resort
Holiday Inn Resort
located in inviting resort destination around the world. Holiday Inn
resort features a full array of activities for families including children’s
club .They are also known as Holiday Inn “Sunspree Resort” in America.
5.
Holiday Inn Express.
Holiday Inn
Express are simplified version of traditional hotels designed for travelers who
do not want or need full service. In Asia Pacific each hotel has a restaurant ,
a breakfast bar and a rapid check in/out .
Asia Pacific
Asia Pacific
region offers around
77 hotels situated in
16 countries of Asia offering about
21,000 guest rooms. Asia Pacific countries are controlled by the head
office situated in Hong Kong.
Holiday Inn In Pakistan.
In Pakistan
HIWW has a chain of 4 hotels.
1.
Holiday Inn
Crowne Plaza Karachi.
2.
Holiday Inn
Islamabad.
3.
Holiday Inn
Multan.
4.
Holiday Inn
Lahore
Holiday Inn Multan
Established
in
October 1994, situated at
76-Abdali Road Holiday Inn Multan is the only international standard
hotel in Multan. It is a beautiful combination of quality and business facility
for travelers and business community. Being situated in the business locality of
Multan it is now approaching towards the international standard by attracting
the business of Pharmaceutical Companies, Embassy, and Foreign Travelers and has
opened its gate for the tourists in this region . Holiday Inn Multan is working
with 216 employees , has 98 rooms and 3 banquet halls with a very little parking
lot .It is almost a three star
hotel having an area of 2000 yards.
ORGANIZATION SETUP OF HOLIDAY INN MULTAN
Holiday Inn
Multan officially announced in July 95 have adopted a functional structure .
Basically HIWW is a “Franchised System” in which a main quality control head
office is established and the
Franchise is granted to different owners of the hotels. The hotel , in turn pays
the royalty for the name “Holiday-Inn” and strictly implement the standards.
Structure of
HIM is divided on the basis of functions. Following departments are presently
working in the hotel .
v
General Account Department
v
Front Office and Reception
v
Food & Beverages
v
Sales & Marketing
v
Engineering
v
Laundry
v
House Keeping
v
Human Resource Department
Beside this,
hotel has 3 major outlets
v
Mehfil
Restaurant
A buffet
corner for Continental and Pakistani dishes.
v
Shang Palace
Offering
typical Chinese food in sophisticated ambience with moderated price.
v
TGI-76
It provides
24-hours service , Hi-tea, snacks and ice-cream to customers.
Hotel has
overall
98 rooms with
5
suits. It also has
3 banquet halls,
5
small
meeting rooms,
swimming pool and direct access to the world wide reservation through
Holidex System.
Chapter No. 4
Case Study
Internal Assignment in Holiday Inn Multan
This report
covering the procedure of internal assignment at Holiday Inn Multan. For
different types of organization such as hospital universities Govt. agencies and
hotels the functional business areas of course differ. So structure at holiday
Inn Multan is divided on the basis of function following department are
presently working in the hotel.
v
General Account Department
v
Front Office and Reception
v
Food & Beverages
v
Sales & Marketing
v
Engineering
v
Laundry
v
House Keeping
v
Human Resource Department
There are
many sub-area in these department like in HRM department the sub-area is
security checkup and in general account department sub-area is purchase
department.
As in one
country majority of population proves to be laggards this is all become of
literacy rates and limited scope. Especially in Multan people still think a
hotel to be a luxury because of social back ground Holiday Inn Multan had to
face great problems in the beginning but its management tried hard to change the
concept of management and making them aware of “what is called International
STD” people are only price conscious
not quality so business is not growing much faster.
As
requirement of our , we first give process of performing internal and audit then
there strength and weakness overall and with respect to every department.
Process of Internal Audit at Holiday Inn Multan
The process
of internal audit at Holiday Inn Multan carried out in different ways. First the
information are gathered them assimilated and evaluated.
Following
are the ways through which information are gathered in the organization.
Forms
The head
office send form to Holiday Inn Multan. The main content of this form is about
all services and product offering in the hotel. Guest fill this form at the time
of check out. These forms are only available in room. The management of Holiday
Inn Multan take special care of these form because it is necessary for them to
send same number of form back to head office at the end of month which he was
received at the beginning of month.
Guest Comment Card
It is also a
tool for estimating the level of service at the hotel. These cards are provided
at each outlet with related question to that outlet. This gives a quality of
data about strength and weakness.
Inspection By the Head Office
Generally
once a years team from head office visit the hotel and sometimes it is
unannounced. He prepares the detail report of each and every practice during
their two days stay. This report is presented to General Manager and Head Office
in Hong Kong Copy of this report is distributed among department and target date
for adjustment and rectification is set General Managers periodically reviews
the progress and keep contact with Head Office.
Complaints
It is also a
source of identifying the weaknesses. The manager of every department take
action to reduce these complaints.
Inspection by the General Manager
As far as
thorough check up of processes at all departments is concerned General Manager
carries out the unannounced inspection at various unit along with the head of
department Quality Std are checked and deviation from standard is recorded
personal manager prepare the Discrepancy Report and head of department is given
a target data for rectification and constant follow is maintained.
Manager as Special Duty
Management
of Holiday Inn Multan has implemented a nice procedure for regular inspection
covering each and every section of Organization Department Head are assigned a
duty of “MOSD” on one a week. This schedule is rotated by the personal manager.
Each department head performs MOSD duty in addition to his regular working
hours.
Assimilating and Evaluating the Information
Once the
information is gathered it should be assimilated and evaluated for the purpose
of assimilated and evaluated of information the tow types of melting held in
Holiday Inn Multan.
1.
Routine
meeting
2.
Special
meeting
Routine Meeting
Every day
from 9:00 to 10:00 O’clock a meeting held in Holiday Inn Multan. In which
General Manager and all head of department participate. In this meeting the
manager collectively identify the most important opportunities and threat facing
the firm and assimilated evaluate the issues problem concern and need of all
department and give same measures.
Special Meeting
Special
meeting occur when team from Head Office visit the hotel on any big discrepancy
occur.
Now here is
some important Internal strength and weakness of the organization.
Strengths
1.
Holiday Inn
Multan is the only International Std hotel in Multan.
2.
No risk
factors is involved because the organization is supported by Holiday Inn world
wide (HIWW).
3.
The
technology using at the hotel is latest one.
4.
Expenses one
very limited because the company is spending is
spending very little on advertisement but gaining much sale on the other
hand and salaries are very low.
5.
The
organization is financially strong.
6.
Holiday Inn
Multan is situated at very good place. The location is prime commercial area.
7.
Holiday Inn
Multan is beautiful model of typical local touch of architecture with blues
tiles combination.
8.
The
employees of the Holiday Inn Multan are mare skillful as compare to other hotel
in Multan.
9.
The Holiday
Inn Multan offers mare services and product as compared to any other
organization.
Weaknesses
1.
The major
weakness is the parking problem. Management has constructed an underground
parking area but it is also limited space.
2.
No direct
entry far shag palace guests have to pass through lobby main gate.
3.
The
reception disk is quite distant from main gate. It is better to make reception
center near the entrance.
4.
Inter-distance between the table is very little mart guest complaint about it.
5.
Swimming
pool is not available to the guest. Yes complete arrangement such as attendant
desk, chair, bed are present but there is a constant problem of water
purification. Rusty water has damaged the titles of swimming pool.
6.
The employee
of the organization do not have required knowledge and proficiency in English.
As there employees have direct contact with the customer.
Chapter No. 5
Findings & Suggestions
Appendix - I
Questionnaire
1.
Introduction
and organogram of organization
2.
Does
organization use strategic management concept?
3.
Procedure
for international assessment of Holiday Inn Multan.
4.
Time period
to conduct internal assessment.
5.
Tool for
internal assessment.
6.
Who develop
the goals and objective for each department?
7.
Does
organization used latest technology?
8.
In which
areas your organization having strength over competitors?
9.
How you
communicate policies to your employees?
10.
In which
areas your organization wants development now?
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