Pick a company (from the list provided below) to research, study, and describe basic management concepts and organizational components.

Company Research Options – (Other companies can be added based on instructor preference)
Maryland Based
1. Discovery Communications
2. McCormick
3. T. Rowe Price
4. Under Armour
5. Marriott Hotels International, Inc.
U.S. Based
6. Amazon
7. Apple
8. McDonald’s Corp.
9. Tesla, Inc.
10. Walt Disney Corp.
Global
11. Alibaba (Conglomerate Holding Company)
12. Pfizer (Pharmaceuticals)
13. The Lego Group (Private Company—Annual Report available online)
14. Samsung
15. Toyota
What does this company do to meet its ethical or social responsibility?
What is this company’s mission statement? What impact does this have on the company?
What is this company’s strategy?
Has this company had to change any of its operations in the last few years? Was this a planned or reactive change?
How has the pandemic affected this company? How have they addressed this challenge?
How does company meet its human resources challenges? How do they train their staff? How do they recruit? What kind of employees do they recruit?
How does this company implement diversity?
Using the company’s human resources website, identify benefits that would motivate employees at various levels of Maslow’s Hierarchy of Needs.
Based on the textbook, compare and contrast leadership styles.
Based on the textbook, Explain the value of communication and information management in the work environment.

 

 

 

Research on Marriott Hotels International, Inc.

Introduction

This essay delves into the management concepts and organizational components of Marriott Hotels International, Inc., with a focus on ethical practices, mission statement impact, operational changes, pandemic effects, human resources strategies, diversity implementation, employee benefits, leadership styles, and communication importance.

Ethical and Social Responsibility

Marriott Hotels International, Inc. prioritizes ethical and social responsibility through various initiatives. The company engages in sustainable practices such as energy efficiency, waste reduction, and community involvement to minimize its environmental impact. Furthermore, Marriott is committed to diversity and inclusion, promoting fair employment practices and equal opportunities for all employees.

Mission Statement

Marriott’s mission statement is “To enrich people’s lives with the positive power of travel.” This mission drives the company to provide exceptional hospitality services that create memorable experiences for guests worldwide. It influences Marriott’s customer-centric approach and guides its commitment to delivering quality service and maintaining a positive reputation in the hospitality industry.

Strategy

Marriott’s strategy revolves around offering diverse accommodation options, exceptional customer service, and innovative experiences to cater to the evolving needs of travelers. The company focuses on expanding its global presence, enhancing brand loyalty, and embracing technological advancements to stay competitive in the market.

Operational Changes

In recent years, Marriott has undergone operational changes, including acquisitions of new hotel chains and the integration of digital technologies to streamline booking processes and enhance guest experiences. These changes were primarily planned to align with Marriott’s growth strategy and meet changing consumer demands effectively.

Impact of the Pandemic

The COVID-19 pandemic had a significant impact on Marriott, leading to a decline in travel demand and occupancy rates. To address this challenge, Marriott implemented cost-saving measures, adapted its cleaning protocols to ensure guest safety, and introduced flexible booking policies to accommodate changing travel restrictions.

Human Resources Strategies

Marriott meets human resources challenges by providing extensive training programs for employees to enhance their skills and knowledge. The company recruits diverse talent through inclusive hiring practices and promotes career development opportunities to retain top talent within the organization.

Diversity Implementation

Marriott implements diversity through inclusive recruitment practices, diversity training programs, and employee resource groups that promote a culture of belonging and respect within the organization. The company values diverse perspectives and fosters an inclusive work environment where all employees feel valued and empowered.

Employee Benefits

Marriott offers a range of benefits that cater to employees at various levels of Maslow’s Hierarchy of Needs. These benefits include competitive salaries, healthcare coverage, retirement plans, career development opportunities, wellness programs, and discounts on travel accommodations to motivate and engage employees across different organizational levels.

Leadership Styles

Marriott employs a transformational leadership style that focuses on inspiring and motivating employees to achieve their full potential. The company values collaboration, innovation, and employee empowerment to drive organizational success and foster a culture of excellence within the hospitality industry.

Communication Importance

Effective communication and information management are vital components of Marriott’s organizational success. Clear communication channels facilitate seamless coordination among employees, enhance guest experiences, and ensure alignment with the company’s goals and objectives. Information management systems enable Marriott to make data-driven decisions, improve operational efficiency, and adapt to changing market trends effectively.

In conclusion, Marriott Hotels International, Inc. exemplifies a commitment to ethical practices, customer-centric service delivery, innovative strategies, adaptability in the face of challenges, inclusive human resources practices, diversity promotion, employee motivation through benefits, transformational leadership styles, and effective communication and information management within the organization.

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