I was always skeptical of my economics professors at Cornell. I simply did not understand their jargon and apparent lack of practical realities. I despised the 'bell curve' and its... read more →
In the literary masterpiece, The Bhagavad-Gita, it says, "Through selfless service, you will always be fruitful and find the fulfillment of your desire". Service is the essence of the hospitality industry,... read more →
On July 31st, the U.S. House of Representatives passed bill HR 3269 that gives public company shareholders an advisory vote on executive compensation. In addition, the bill endeavors to "prevent... read more →
One can trace back the origins of the European hotel industry to the Medieval Ages. The history of hotels is intimately connected to that of the civilizations that thrived in... read more →
'Better the devil you know' has been the mantra of company boards over the past year when considering who runs the business. In a world of financial turmoil, the hotel industry... read more →
Picture the scene. You are a director of a publicly traded company and you know that your company's stock price has topped out. Keen to cash out before the share... read more →
As a year ridden with corporate scandal drew to a close it seemed fitting that President Bush nominated a new chairman of the US Securities and Exchange Commission. William Donaldson,... read more →
When it comes to remuneration the ancient proverb "He who Pays the Piper Calls the Tune" might be better written "Pay the Piper who plays the Right Tune." As the... read more →
Not to long ago Eastern Asia's economy was lauded as a financial miracle. Foreign business leaders and academic's admired and studied the concept of Guanxi, (cooperation through personal networking). Then... read more →
In the year 2000 McKinsey & Company published 'The War for Talent', a survey of people management practices at major US-based corporations, and found that "talent has been the most... read more →