Understanding the Conundrum of HR’s Responsibilities, Resources, & ROI
Is HR Suffering from Multiple Personality Disorder? - During a recent mini TED-talk Aethos™ held in Las Vegas with senior leaders in casino and gaming, one speaker noted the difference between aspiration and aspirational. This distinction strongly resonated with attendees who lamented that while the hospitality industry does well innovating on the product and service side (business practices), the industry has yet to advance its people practices and simply relies on familiar but outdated modus operandi.
Read moreBoard Performance in Hospitality
New trends in the board room are emerging based on Aethos Consulting Group™ ’s study of corporate governance in the lodging industry. This does not mean that perfection has been achieved in previously raised key areas. Unfortunately, we continue to see a few companies with classified boards, little diversity, questionable independence, and holding back as it relates to more performance based compensation.
Read moreHotel CEO Pay-For-Performance 2015
Using our proprietary pay-for-performance model, Aethos™ has evaluated the performance of forty-six CEOs in the hospitality/travel/entertainment industries. The overarching goal? To determine whether a CEO is deserving of his or her pay relative to their peers.
Read moreCEO Turnover Study 2015: A Sea of Calm Waters
The Aethos™ Hotel CEO Turnover study has been reviewing annual turnover in the sector since 2004. The study’s peer group is the world’s 50 largest hotel companies by number of rooms count as reported each year by HOTELS magazine. Companies range in size from IHG with 679,050 rooms to Okura with 23,686 rooms, some are publicly listed, others are private family owned businesses. 23% of the peer group is headquartered in Asia, 32% in Europe, and 45% in North America.
Read morePay For Top Industry Chief Executives Is On The Rise
Pay for top gaming industry chief executives is on the uptick, especially for companies concentrating on international opportunities
Read moreCybersecurity: A Hospitality Industry Reality
There is quite a bit of news about "cyber concerns" and breach of security from both the business community as well as individuals. [...] The hospitality industry, hoteliers, restaurants and other such businesses that rely on the use of personal information to provide service to their customers are particularly at risk. Here are but just a few of the areas to consider when limiting exposures and liability.
Read moreCharting Your Career Path in Hospitality – 3 Steps for Successful Foundation Years
While there is no specific timeline surrounding the "foundation years" of one's career, most people can actually cover these objectives within a two-year period. It does not matter if you are an Ivy League graduate or someone with a high school degree; the following three actions are simple to understand and are non-discriminatory in nature: (A) Be a sponge (B) Secure a mentor and (C) Keep in mind the "Critical Three"
Read moreIntroducing the Concept of “Coachability”
Coachability goes beyond the simple notion of training or trainability, which often involves teaching a specific set of skills in a highly structured manner. Coaching, for lack of a better term, is a more intuitive process whereby an individual “absorbs” knowledge, attitudes, and skills via guided (versus highly structured) learning and development. It’s more nuanced since it partly involves an employee’s self-directedness in identifying and seizing learnings opportunistically, as well as an employee being positively motivated to devote time to attend structured learnings too. In other words, the most effective coaching clients have the insight, awareness, and self-directedness to recognize and seize leanings wherever they reside.
Read moreRetrospective on the 2015 HR in Hospitality Conference
Buzz words like bench-strength, engagement, alignment and strategy have variously served as HR mantras and mission statements over the years. The recent and industry-leading 2015 HR in Hospitality Conference (Las Vegas) is now a memory, but it left a “new” buzz word with all attendees… innovation.
Read moreGaming’s Best Boards
With five fewer companies in the mix this year, the continued shake-up and consolidation trend across public gaming companies is the theme in Aethos Consulting Group™ 's study of corporate governance in the gaming industry.
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