Sunday, February 16, 2020

Marriott Hotels International Essay Example | Topics and Well Written Essays - 1500 words

Marriott Hotels International - Essay Example According to Bill Marriott himself leadership is mainly based upon orientation towards results. He believes in motivating the people who work there by providing inspiration and letting them play and work together with a common set of objectives in mind. It is important to make them realize that their goal is same. (Marriott on the Move, August 2007; Anastassova and Purcell, 1995) Promoting diversity is an objective for the group. It is highly committed towards diversity. He has managed to take the company from a mere family business of $19 billion to a globally based organization. One of the basic leadership styles followed is the hands-on leadership. (Daugherty, Croft, Marquart, Balzar and Sheldon, n.d.) The leader or manager has to keep in touch with the employees and the clients to keep himself updated on the happenings. Under this leadership style the importance of the employees or ‘associates’ are realized and acknowledged. It is important to keep them happy and sat isfied with their work. A â€Å"spirit to serve† culture in promoted within the organization. Community involvement is another style of leadership, which Marriott International follows. (Daugherty, Croft, Marquart, Balzar and Sheldon, n.d.) In order to lead in an industry it is important for the company to nurture community involvement programs. Bill Marriott has involved himself in â€Å"fundraising gala for Bridges-from school to work† (Marriott on the Move, June 2007). The Marriott Foundation runs this program for People with Disabilities. He idea is to help them secure meaningful employment after they pass out from their academic institutions. (Marriott on the Move, June 2007) The National Urban League, Naval Academy Endowment Trust, National Geographic Society, World Travel & Tourism Council are some of the other organizations where the company has engaged itself with. Following to

Monday, February 3, 2020

The effect of Leader Member Exchange(LMX) on employee's performance Dissertation

The effect of Leader Member Exchange(LMX) on employee's performance and turnover rate (or employee retention) - Dissertation Example According to the research findings it can therefore be said that leadership is not just a word, it is a responsibility, and it is the step towards the success story for any organization. Leadership qualities cannot be developed overnight but continuous effort put in by the people can make them achieve the price tag of leadership which brings along responsibility and further expectations to perform beyond potential. Organizations, small or big have and will always require people who can mould themselves according to what the situation demands and bring the best solution on the table. Leadership qualities are also measured on the basis of employees’ performance and their job satisfaction. A leader can be called a successful torch bearer only if his/her followers equally contribute towards the growth of an organization. Leadership in itself is an important quality but there are certain factors which define the true leadership qualities a leader should possess. These essential com ponents to develop leadership qualities at par are- a) Setting an example and motivating others b) Enhancing skills c) To be an influential figure d) Finding a solution to doubts and ambiguities e) Honesty f) Being ethical g) Bringing in the desired change h) Managing cultural assortment i) Rewarding for the success. Leadership is a sequence, a process which has different elements intact to it, prevailing towards the successful attributes of a true leadership quality. These elements of leadership are of three types- the leader, the following group or the followers and finally the substance. A leader is the one who sets an example, leads from the front, motivates, sets objectives and inspires others to grab the opportunity in achieving these objectives. It is believed that every individual has an inborn