Hospitality Leaders Ride the Waves of Change
Keith Kefgen and Dr. Jim Houran on the recent trend of consolidation within the hospitality industry: "It’s not about trying to force a square peg into a round hold, but rather about building new, novel, and profitable configurations altogether".
Read moreThe Coachability Quotient (CQ): A New HR & Leadership Tool
Determining whether an employee “can be saved” or “coached to greater success” isn’t a simple “yes or no” question. It’s an educated risk or assessment. The best guess answer is arguably grounded in the CHIC variables, which define a continuum of likely coaching success.
Read moreThoughts for Leaders on Gaining and Retaining Millennials
Millennials are easily bored if not intellectually or socially stimulated the right ways - this is a significant and potentially costly challenge for businesses as they strive to curb turnover of employees with lower engagement, loyalty to company and a threshold for job-hopping.
Read moreCorporate Board Gender Diversity – U.S. Chain Restaurant Industry
Most restaurant chains receive failing grades when it comes to corporate board gender diversity - according to a recent study by Harvard Business Review, females are one of the most powerful economic forces in the world. In the U.S., women make up more than 50% of the population and account for over 80% of consumer spend. If this is the case, why do so few females occupy seats in the corporate boardroom?
Read moreGaming The System: A Story on Entrepreneurship, Personal Development & Risk
As a global advisory firm, we constantly meet new and interesting professionals. Occasionally some individuals offer innovative perspectives or hold such unique positions that we are keen to hear their insights and profile their experiences in human interest stories – that is, case studies that speak to broad issues of development, leadership or culture-building.
Read moreUnderstanding 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side (business practices), the industry has yet to advance its people practices and simply relies on familiar but outdated modus operandi.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
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