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Talent Disruption : People Are the Brands.

Ebook Central College Complete Available online

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Format:
Book
Author/Creator:
Mirza, Alexander.
Language:
English
Physical Description:
1 online resource (278 pages)
Edition:
2nd ed.
Place of Publication:
New York : Business Expert Press, 2025.
Summary:
Talent Disruption proposes a solution to the human capital challenges faced by service industries amidst unprecedented labor shortages and technological and geopolitical shifts as well as offering a framework for diagnosing the root causes of talent disruption. Talent Disruption provides a detailed roadmap and tools for building a talent engine powered by AI, big data, and analytics. The results are a growing talent pipeline, greater productivity, and higher profit margins .
Contents:
Front cover
Half title
Title
Copyright
Description
Keywords
About the Cover
Testimonials
Talent Is the #1 Issue FacingHotel CEOs
Preface
The Future of Front-Line Work: What's Next?
Foreword
Acknowledgments
CHAPTER 1 Introduction Global Talent Disruption
Foundations: Christensen's Theory of Disruption Innovation
A New Theory of Talent Disruption
Talent Disruption Framework
Talent Disruption in the Service Industry
Accelerating and Combating the Talent Disruption in Service Industries, 2019 to 2023
Talent Disruption in a Turbulent World Economy
People Are the Brands: Entrepreneurship Finds a Platform on the New Media
CHAPTER 2 The Brutal Facts Rebuilding the Service Profit Chain
Initial Research Questions to Address in the Discovery Process
Governing Framework: Hospitality as a Service Profit Chain Business That Requires an Employee Value Proposition
How Big HR Tech Distorts the Service Profit Chain
Building Employer Brands: From Fake News to Truths
Rebuilding the Service Profit Chain with Data Integrity and Science
Talent
Employers
CHAPTER 3 Asset Right Building Human Capital in an Era of High Finance
Creating Shareholder Value
Building Stakeholder Alignment
Hotel Brand Fees and the Franchise Model
Downside of Franchising: Brand Dilution
Real Estate/Management Split: Financial Returns with a Human Cost
Hotel Chains: Doubling Down on Opportunism
When All Else Fails, Create New Brands
The Employer Brand Equity Problem: Implications for a Talent Disruption
Asset-Right Model Gains Traction Across the Service Industry
Deja Vu: "Asset-Light" Branding and Licensing Comes to Health Care
CHAPTER 4 Talent Valuation Bringing Moneyball to Hospitality
Insight #1.
The Top 100 GMs Are Way Ahead of the Pack but Their Impact Is Not Appropriately Recognized
DNA of Top 100 GMs
Top Hotel General Managers
Insight #2
Elite Talent Outperforms by a Wide Margin That Grows Over Time
How Much Are Elite Talents Worth?
Insight #3
The Current Model Does Not Compensate Elite Talents for Performance
Insight #4
The Talent Pipeline Is Insufficient to Meet Diversity Targets in the United States
Insight #5
The Path to Hotel GM Is Over a Decade and Must Be Shortened
Insight #6
Luxury and Lifestyle Brands Lead the Way for Building Human Capital
Top U.S. Hotel Employers with Highest Talent Score
Insight #7
Scale Is Not an Advantage with Respect to Talent in Hospitality
Insight #8
Publicly Traded Chains Lead with Respect to Diverse Elite Talents
Insight #9
Bigger Doesn't Mean More Diverse Below GM
Insight #10
Food and Beverage Is a Bright Spot for Developing Diverse, Elite Talent
CHAPTER 5 People First Establishing a Culture of Ownership
Employee Ownership
Socioeconomic Impact and Bipartisan Support
Practical Considerations
Structuring Employee Ownership and Control
Further Legal Considerations
Relevant Case Studies of Employee Ownership
Hotel Owners Must Lead the Way
CHAPTER 6 A New Talent Engine Leveraging AI to Scale Human Capital
Hotel Industry as an Engine of Meritocracy and Growth
Brutal Facts of the Hospitality Labor Market in 2023
Talent ranking algorithm
The Solution: Building a Talent Engine of the Future
What Does the Future Look Like?
Talent Experience
What Data Do Hospitality Talents Deserve?
Employer Experience
Yield Management for Talent Acquisition
The Science of Employee Relationship Management
The Path Forward: From Steward to Market Maker.
Implementation Challenges in Operationalizing an Internal Talent Marketplace
Key Factors in an Open Marketplace
Next Steps: Achieving Stakeholder Alignment
CHAPTER 7 Cross-Cultural Advantage Rescuing Globalization
The Beneficiaries of Economic Globalization
Defining and Measuring Globalization and Its Reversal
Challenges to the Existing World Order
A Decline in Global Talent and Information Flows Has Huge Implications for the Hospitality Industry
The Talent Problem Facing the Multinational Hospitality Industry
What's New: The Clash of Civilizations Disrupts Global Talent Flows
Glocalization: A Model for the 2020s and Beyond
The Human Resource Function of the Glocal Company
Key Strategic Issues Facing Service Industry CEOs in a Clash of Civilizations
Seeking Extraordinary Talent: China Case Study
CHAPTER 8 Winning MovesHow Hospitality Can Score Big with AI
Lesson #1: Data Science Is King. Take Your Touchy-Feely Style Somewhere Else
Lesson#2: Use Artificial Intelligence to Determine a Talent's Worth
Lesson#4: Use AI to Develop Talent From Farm to Table
CHAPTER 9 Anthropomorphizing Robots Autonomous Hotels of the Future
AI Travel Planning
Arrival Experience
Luxury Suite Experience
AI Enhanced Event Experience
Food and Beverage Experience
Post Event Experience
How AI Powers the Semi-Autonomous Hotels
AI at the Operational Core
Natural Language Processing (NLP):
Robotics Process Automation (RPA)
Intelligent Process Automation (IPA):
Talent Engine
Reservation System
Personalizing the Future of Travel Marketing
Advancing Sustainability
Enabling Health and Wellbeing
Semi-Autonomous Hotels: Incubators for Strategic Innovation
Responsible AI
Conclusion: Back to the Future
CHAPTER 10 A Call to Action Responsible AI
Introduction.
Defining the Problem
A Renewed Sense of Urgency
The Promise of Multilateralism 2.0
The Limits of AI Sovereignty
Recommendations for the Hospitality and Travel Industry
CHAPTER 11 Final Thoughts Hospitality's Great Reset
Case Study: LA Hotel Workers Strike 2023
Inequality and the Root Causes of Talent Disruption
The End of Hospitality as We Know It
Labor Shortage Turns Into a Talent Disruption
Customer Experience Further Deteriorates
Opportunity for Corporate Strategy and Leadership
The Need for Effective Industry Governance
Empowering Workers and Addressing Recruitment Challenges
Strategy #1: Investing in AI to Accelerate Self-Service Through Automation
Strategy #2: Empowering Employees with Ownership and Deep Purpose
Strategy #3: Reinventing the Franchise Business Model
Conclusion
APPENDIX I
APPENDIX II
Top 50 U.S. Hotel GMs and Their Worth (2022)
APPENDIX III
Diversity Gap and Target at Regional, GM, and Director Levels
APPENDIX IV
Notes
Chapter 1
Chapter 2
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 9
Chapter 10
Sources
Diversity, Equity, and Inclusion
Franchise Business Models and Business Strategy
Employer Ranking
Service Profit Chain
Hotel Valuation/Economic Trend
Globalization
Disruptive Innovation
HR Tech, AI, and Machine Learning
Talent Marketplaces
Government Policies and Organized Labor
Workplace Conditions and Safety
About the Author
Index
OTHER TITLES IN THE TOURISM AND HOSPITALITY MANAGEMENT COLLECTION
Concise and Applied Business Books
Backcover.
Notes:
Description based on publisher supplied metadata and other sources.
Other Format:
Print version: Mirza, Alexander Talent Disruption
ISBN:
9781637428368
OCLC:
1505732649

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