The paper "Human Resource Factor of the Four Seasons Hotels and Resorts as a Commercial Organisation" is a wonderful example of an assignment on human resources. The human resource factor has been considered important as organizations try to maximize their profits. Organizations are thus formulating strategies that would help plan the process of realizing high profits. This becomes possible when the goals and objects set by the organization are clear, the business environment is stable, managers and decision-makers are able to analyze both internal and external environments. Top managers in an organization have the responsibility of making decisions while operational managers in respective departments are expected to oversee the implementation process.
There are a number of challenges that may exist in the business environment thus calling for the right strategy to overcome the challenges like competition. The various management functions in an organization are finance, purchasing, production, marketing, human resources, administration, research, and development. All these functions become operational with the existence of the right human resource factor in place. Every organization will thus require a management structure to function effectively with each employee having a specific role to perform.
This paper will focus on the human resource factor of the Four Seasons Hotels and Resorts as a commercial organization. Four Seasons Hotels and Resorts Background information The Four Seasons Hotel Inc is an international five-star hotel whose headquarter is based in Canada. The company has 86 hotels in 35 countries in America, Europe, Asia, and Africa. Four Seasons is famous in the provision of accommodation, wedding grounds, residences, meeting planning venues, celebration, and events. It was founded by Isadore Sharp in 1960. The founder, an architect by profession was inspired to open his own hotel after he had designed a motel for his family friend.
The company has been successful in the global market and has grown to the level of owning 84 chains of properties in the world. This business success has led to the company being named as one of the best companies to work for by the Fortune magazine being ranked at position 53 in 2011 (Miller Vandome & McBrewster 2010, p. 29). Four Seasons operates most of the properties it uses on behalf of developers and property owners.
Kew, J. & Stredwick, J. 2006. Business environment: managing in a strategic context. New York: CIPD Publishing.
Marchington, M., Wilkinson, A. & Sargeant, M. 2005. People management and development: human resource management at work. New York: CIPD Publishing.
Stephens, T. & Pettinger, R. 2005. Managing activities: CIPD revision guide 2005. New York: CIPD Publishing.
Taylor, S. 2006. Managing in a business context. New York: CIPD Publishing.