scholarly journals Key Success Factors to Increase Value Proposition in the Hospitality Industry

2019 ◽  
Vol 2 (1) ◽  
pp. 34
Author(s):  
Daniel Marco - Stefan Kleber ◽  
Tatjana Volkova
Keyword(s):  
Hospitality Industry ◽  
Success Factors ◽  
Design Thinking ◽  
Value Proposition ◽  
Customer Needs ◽  
Key Success Factors ◽  
Dynamic Markets ◽  
Research Article ◽  
Conceptual Study

Purpose of this conceptual study is the identification and analysis of key success factors to increase value proposition based on design thinking of hotel executives and value co-creation with customers in the hospitality industry. Globalized dynamic markets and ever-changing customer needs and demands require ongoing experimentation and communication to steadily identify customer needs and wants in order to adjust products and services to ensure an increase of value proposition. In this research article, the two-fold role of customers and hotel executives in value co-creation processes leading to an identification of key success factors of value proposition increase is analyzed. The article emphasizes the essential role of customers as contributors to value co-creation processes and hotel executives as contributors to the creation and delivery of value proposition. Superior value proposition can be achieved by understanding actual needs and demands of customers based on design thinking and comparing them to value proposition elements that are perceived as being important by customers. Following this approach, key success factors for enhancing value proposition are analyzed.

Information and Communication Technology Uses in Agriculture

2012 ◽  
pp. 235-251
Author(s):  
Tizita Alemayehu Wasihun ◽  
Blessing Maumbe
Keyword(s):  
Information And Communication Technologies ◽  
Value Chain ◽  
Success Factors ◽  
Communication Technologies ◽  
Value Chains ◽  
Key Success Factors ◽  
Ict Use ◽  
Strategic Role ◽  
Information And Communication

The world has experienced an unprecedented growth in information and communication technologies (ICT) through the widespread use of personal computers, Internet, and mobile phones. The objectives of this chapter are to examine trends in ICT use in agriculture, identify key success factors for ICT utilization in agriculture, and investigate the implications of ICT-enabled value chains for the agribusiness industry. The chapter describes the strategic role of ICT in the development of both e-commerce and mobile commerce in agriculture globally. The chapter identifies the leading areas of ICT use in agriculture and agribusinesses as input procurement, production, marketing, food traceability, and financial service delivery. Producers are increasingly seeking ways to add value to their businesses by integrating ICT in the value chain. Similarly, consumers are becoming more knowledgeable about how they could use ICT to articulate their preferences. The chapter discusses key success factors for ICT applications affecting both the internal and external environment of agribusiness firms. The chapter concludes by drawing implications for ICT use in agriculture and agribusiness value chains.

Quality not quantity: Key success factors from the first decade of safety reports from the Research on Adverse Drug Events and Reports project (RADAR)

2009 ◽  
Vol 27 (15_suppl) ◽  
pp. 6559-6559
Author(s):  
C. Bennett ◽  
B. J. Edwards ◽  
C. C. Tigue ◽  
D. W. Raisch ◽  
D. M. Courtney ◽  
...  
Keyword(s):  
Drug Safety ◽  
Success Factors ◽  
Adverse Drug Events ◽  
Case Reports ◽  
Signal Generation ◽  
Drug Reactions ◽  
High Quality ◽  
Key Success Factors ◽  
Safety Signals

6559 Background: RADAR is the only independent academic pharmacovigilance organization funded exclusively by peer-reviewed grants. We describe the role of high quality case reports in the detection of drug safety signals. Methods: RADAR has identified 11 cancer-related adverse drug reactions (ADRs). Initial reports for small numbers of cases were obtained from our own institution, NU, (4 ADRs) or from referral centers (7 ADRs). Clinicians at these centers voluntarily provided brief case reports to RADAR, who submitted detailed case reports to the FDA/manufacturer. Clinicians were promised that patient/provider data would be kept confidential and that these data would be submitted as peer-reviewed manuscripts. Results: See Table. Conclusions: RADAR was successful at signal generation and amplification because it focused on quality, not quantity of case reports. Pharmacovigilance efforts that allow clinicians to complete brief forms, maintain confidentiality of patient and provider, and result in submission of collaborative manuscripts may improve early detection of drug safety signals initiatives in oncology. [Table: see text] No significant financial relationships to disclose.

scholarly journals Rol y mejores prácticas del equipo líder y su impacto en la innovación de empresas de la Zona Metropolitana de Monterrey

2017 ◽  
Vol 12 (23) ◽  
Author(s):  
Laura Elizabeth Avila Hernández ◽  
Gustavo Juan Alarcón Martínez
Keyword(s):  
Regression Analysis ◽  
Best Practices ◽  
Key Words ◽  
Success Factors ◽  
Management Teams ◽  
Business Innovation ◽  
Key Success Factors ◽  
Research Article ◽  
Innovative Company ◽  
Innovation Practices

Key words: high management teams, innovative company, key success factors, leadershipJEL: O30 & M10Abstract. This research article elaborates on the leadership or high management teams that have taken into account the innovation challenges within their organizations and the best practices carried out by them. In that token some business innovation definitions are depicted, as well as findings by business researchers on best innovation practices conducted namely by leadership or high management teams. Lastly, the regression analysis results and conclusions are show.Palabras clave: alta dirección, empresa innovadora, factores clave de éxito, liderazgoJEL: O30 & M10Resumen. Este artículo es una investigación sobre las prácticas que realiza la alta administración o el equipo líder de empresas que han asumido el reto de la innovación en sus organizaciones. Para tal efecto se presentan algunas definiciones de empresa innovadora, posteriormente, se mencionan los roles o prácticas que han encontrado destacados investigadores en empresas que han desarrollado innovación; particularmente se analizan las prácticas que realiza el equipo líder o la alta administración. Finalmente se presenta los resultados de un análisis de regresión simple con sus respectivas conclusione

scholarly journals DEFINING AND DESIGN UNDERSTANDING THE VARIOUS REALMS OF HOSPITALITY DISCIPLINE: AN ENVIRONMENTALIST ECO-RESPONSIBLE GOLF RESORT

2020 ◽  
Vol 7 (2) ◽  
pp. 63-73
Author(s):  
Rahul Mehta
Keyword(s):  
Literature Review ◽  
Hospitality Industry ◽  
Social Implications ◽  
Basic Principles ◽  
Hospitality Sector ◽  
Conceptual Study ◽  
Over Time

Purpose of study: The purpose of this conceptual study is to develop a more better understanding of hospitality One of the oldest profession known over time. Methodology: This article is based on a conceptual study of the various definitions and sectors of the hospitality sector. This article also presents the various studies by different researchers and presents how a variety of researchers have classified hospitality in their studies. Main Findings:  This study has provided a new understanding of the hospitality industry and the various sectors associated with it. Social Implications/Applications: This case study is a conceptual study done to define and understand the concept of hospitality in a much better perspective and it can help researchers from varied realms of hospitality to have much valuable insights of this term. Originality: Hospitality has been defined by many researchers in many perspectives. This study has been done with a rigorous literature review then defined the term in a combination which has all aspects related to it. The study has then been supported by a case study of an eco-friendly resort- The Karma Lakelands. This study has been done to understand, explore and extend the basic principles of hospitality and the role of interior designing in it.

scholarly journals Difficulties in Building Relationships with External Stakeholders: A Family-Firm Perspective

2018 ◽  
Vol 10 (12) ◽  
pp. 4557
Author(s):  
Joanna Sadkowska
Keyword(s):  
Project Management ◽  
Family Involvement ◽  
Success Factors ◽  
Family Firms ◽  
Management Practices ◽  
Eastern European ◽  
Building Relationships ◽  
Key Success Factors ◽  
External Stakeholders

Currently, there is a growing number of businesses which organize their operations in the form of projects. One of the key success factors in the area of project management is building successful relationships with project stakeholders. Using stakeholder theory perspective and looking through the lens of family involvement, the study addresses two research questions: 1. how do family firms perceive the difficulty in building relationships with external stakeholders compared to other project management difficulties; 2. does organizing work in the form of projects redefine the significance of family involvement in the difficulties of building relationships with external stakeholders. To answer these questions, 154 Polish family-owned enterprises, considered as representatives of Eastern European emerging economies, were surveyed. The results indicate that family involvement strongly influences the difficulties in building relationships with external stakeholders, but only in those companies which at the time of the survey were not managing projects. In the firms employing project management practices, only the factor related to increasing the number of employees had a facilitating effect on the studied phenomenon. On the contrary, in the case of family firms not managing projects, the growth in the number of employees increased the difficulty in building relationships with external stakeholders. The findings add to the research on the role of family involvement in building relationships with a firm’s external stakeholders.

scholarly journals PROGRAM INDONESIA SEHAT BERBASIS KELUARGA: KONTRIBUSI MODAL SOSIAL KEAGAMAAN DI MASYARAKAT

Kodifikasia ◽  
2019 ◽  
Vol 13 (2) ◽  
pp. 233
Author(s):  
Rohmah Maulidia ◽  
Kurnia Hidayati
Keyword(s):  
Social Capital ◽  
Success Factors ◽  
Health Workers ◽  
Health Problems ◽  
Religious Leaders ◽  
Key Success Factors ◽  
Health Institutions ◽  
Village Communities ◽  
The Village

Tulisan ini mendiskusikan peran dan partisipasi masyarakat dalam pembangunan berkelanjutan (SDGS), khususnya pembangunan kesehatan dengan memanfaatkan sumber daya manusia dan modal sosial yang dimiliki. Tokoh agama, tokoh masyarakat, masyarakat desa dan petugas kesehatan saling mempertahankan kerjasama dalam bentuk kegiatan program rutin dan pendirian lembaga kesehatan desa. Kemampuan dan nilai-nilai yang dimiliki masyarakat dan peran perangkat desa dapat menjadi faktor kunci keberhasilan. Adanya tolong menolong, rasa saling percaya (trust), dan norma yang ditaati merupakan merupakan modal dalam mengatasi persoalan kesehatan. Meski mampu mengatasi persoalan kesehatan, namun faktanya masih menyisakan persoalan. [This paper discusses the role and community participation in sustainable development (SDGS), especially health development by utilizing human resources and social capital owned. Religious leaders, community leaders, village communities and health workers maintain mutual bonding in the form of routine program activities and the establishment of village health institutions. The abilities and values of the community and the role of the village apparatus can be the key success factors. The existence of help, mutual trust, and adhered norms are social capital in overcoming health problems. Although able to overcome health problems, the fact the problem still remains] 

Managing reversed (global) outsourcing – the role of knowledge, technology and time

2018 ◽  
Vol 29 (4) ◽  
pp. 676-698 ◽  
Author(s):  
Bella Belerivana Nujen ◽  
Lise Lillebrygfjeld Halse ◽  
Rickard Damm ◽  
Hallgeir Gammelsæter
Keyword(s):  
Success Factors ◽  
Advanced Manufacturing ◽  
Structured Interviews ◽  
Content Type ◽  
Global Outsourcing ◽  
Key Success Factors ◽  
Sourcing Strategies ◽  
Emergent Literature ◽  
Industry Sectors

Purpose Against the recent trend toward reversed global outsourcing, the purpose of this paper is to provide insights on how the internal process can be handled once the decision on reverse outsourcing has been made. The authors focus in particular on in-house knowledge and technology requirements. Design/methodology/approach To explore the topic at hand, the researchers conducted in-depth semi-structured interviews with five companies operating in two different industry sectors. Findings Reversed outsourcing accentuates challenges relating to retained knowledge. When embarking on reversed outsourcing, companies need to acknowledge the effort to revive and renew capabilities in order to perform technical operations and advanced manufacturing production. Research limitations/implications The research is based on case studies in a Scandinavian context. Further empirical research from other high-cost locations is needed to validate the findings. Originality/value Explorative qualitative research is scarce in the emergent literature on reversed outsourcing. The paper provides practical and theoretical insights into how to handle diminishing knowledge in companies that are re-evaluating their sourcing strategies. It adds a knowledge dimension within the emergent literature. A framework for key success factors and propositions is also provided.

Microentrepreneurship in the hospitality industry: Understanding motivations, challenges, risks, benefits, and critical success factors

2020 ◽  
Author(s):  
Abuelkassem A.A. Mohammad
Keyword(s):  
Hospitality Industry ◽  
Critical Success Factors ◽  
Success Factors ◽  
Structured Interview ◽  
Financial Resources ◽  
Structured Interviews ◽  
Key Success Factors ◽  
Critical Success ◽  
Analysis Technique ◽  
Practical Implications

The entrepreneurship ecosystem in Egypt is inadequate and recorded as the highest rate of businessdiscontinuation. Despite this, limited studies have investigated this issue. This study seeks toinvestigate the concept of microentrepreneurship in the hospitality industry by exploring itsmotivations, challenges, risks, benefits, and critical success factors. The current study adopted aqualitative approach and used the semi-structured interview as an instrument for collecting primarydata. A total of 38 semi-structured interviews were conducted with owners of hospitality microbusinessesas well as with academic and official experts in the entrepreneurship field. Collected datawas transcribed, translated, and then analyzed using the thematic analysis technique. The resultsshowed that entrepreneurs were mainly driven by economic motivations to engage in hospitalitymicro business, while limited financial resources represented a serious challenge for many microventures. Appropriate income was also perceived to be a significant advantage of hospitalitymicroentrepreneurship. The findings revealed some key success factors for hospitality microbusinessessuch as innovative or novel business ventures and competence and commitment ofentrepreneurs to manage the business. The study provides valuable practical implications that wouldhelp supporting hospitality micro-enterprises.

Perceived Causes of Success in Small Business

1986 ◽  
Vol 11 (2) ◽  
pp. 41-50 ◽  
Author(s):  
A. B. Ibrahim ◽  
J. R. Goodwin
Keyword(s):  
New York ◽  
Small Business ◽  
Small Businesses ◽  
Small Firms ◽  
Success Factors ◽  
Geographical Location ◽  
Managerial Skills ◽  
Key Success Factors ◽  
Small Business Management

This empirical research is a pilot study which endeavours to identify a set of variables associated with successful small businesses. Seventy-four (74) small firms operating in Montreal responded to a lengthy questionnaire and an intensive interview. From this data three variables were initially identified. A replication study of seventy small firms located in Burlington, Vermont and Plattsburgh, New York, was carried out in order to observe whether the identified variables were duplicated beyond a certain geographical location. Using factor analysis on the data, the authors were able to delineate entrepreneurial behavior and managerial skills as key success factors in small business management. This finding underscores the role of entrepreneurship education in developing both the behavioral and the managerial skills in the owner/manager.

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