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Successful Business Project - The Ritz Hotel

University: Kensington College of Business London

  • Unit No: 6
  • Level: Undergraduate/College
  • Pages: 16
  • Words: 4000
  • Paper Type: Assignment
  • Course Code:

    D/508/0491

  • Country: UK
  • Downloads: 0
Question :

The scenario of this report is based on an analysis of digital technological practices that has a direct impact over human resource of hospitality industry of UK. In this regard it is required to analyze some specific areas by considering:

  • Construct aims, objectives as well as timeframes based on chosen topic of The Ritz Hotel.
  • Determine information gathering, small-scale research and data collection practices for this report.
  • Provide appropriate recommendation to The Ritz Hotel and meaningful conclusion of this report.
  • Provide a reflection over the project, its usefulness and organizational performance.
Answer :
Organization Selected : The Ritz Hotel

INTRODUCTION

Impact of digital technology on the human resource is very essential part for The Ritz Hotel. Human resources are important factor because the success of the hospitality industry is based on these resources. There are many resources available in a structure of the business as financial or other operating systems but human being are the first and fundamental resources in every business management. Furthermore, The Ritz Hotel provide various kinds of facilities which are also beneficial for tourism industries as well. In addition to this, hospitality industries plays as a supplier of the tourism industries. Human resources are mostly affected by digitization because human behavior's are continuously changing factor due to cultural factors(Taylor, Fritsch and Liederbach, 2014).

RATIONAL

In fast paced economy, technology has been changed numerous aspects. It plays a wide role in sanctioning human resource administration to move from personal management to business ennoblement. In addition to this, humans resources management involved current and recent trends related to policy making, employment practicing and other external factors, for this HR required current contents and information regarding to the laws, rules and regulations which can be gathered by the utilization of digital technology only(Shifrin and et.al., 2015). In order to this, technology assist the company to connect to the internet to identify the different sources of information and gathering information relevant to their strategies.

Aim:

To analysis impact of digital technology on human resource of hospital industry– A Case Study on The Ritz Hotel, London”

Research objectives

  • Ø To understand the concept of digital technology on human resource activities in hospitality industry.
  • Ø To analyses the factors which affect human resource practices of chosen business.
  • Ø Approaches of HRM which influence by digitization.
  • Ø To suggest ways through human resource activities could be crimp in The Ritz Hotel, London.

Research questions

  • What do you realize by the concept of digital technology on human resource activities in hospitality industry ?
  • What are the factors which affect human resource practices of chosen business ?
  • What are the approaches of HRM which influence by digitization ?
  • How you can recommend ways through human resource activities could be crimp in The Ritz Hotel, London ?
  • Scope statement :To define the scope boundaries of project management plan is one of the most cause of project distress, that is why it is considered in planning of research project. Researcher do not know about the details of external factors and how many expenditures is really needed to complete the research project. Scope statement can be defined and effectively determined by the model of SMART. Smart refers to specific, measurable, achievable, relevant and time bound(Shifrin and et.al., 2015). If a project have the qualities of these all factors than it wold be smart and successful. Scope of the business plan should center on the objectives and goals of the client or owner.
  • Budget :This is also compulsory factor in making project management plan. Budget should be well defined and well managed to make a successful plan of research project. Financial consideration is required because in a research project, researcher has to conduct different research programs as primary, secondary, qualitative and quantitative or have to collect different information from various sources which need financial support(Sevillano-García and Vázquez-Cano, 2015). So a project required a well organized budget. There are different tasks has been done in plan of research project as excavation, build forms, place rear, pour concrete, setting or curing and strip forms. These all tasks need different budget to accomplished. As per the current research these all tasks need these bases of budget as such :

P2 Project management plan

Task

Budget

Excavation,

$1800

Build forms

$80

Place rear

$700

Pour concrete

$680

Setting or curing

$300

Strip forms

$10

Total

$3670

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