Five years ago, we met with leading figures from the travel, hospitality and leisure sectors
at one of our quarterly Boardroom Lunches and the topic of conversation turned to the
relevancy of Peter Drucker’s famous quote: “Culture eats strategy for breakfast” – and whether that was becoming more, or less, true, as the pace of change accelerated.
It seems that the rate of change in the energy sector is taking people by surprise. Given the falling costs of technology and availability of new renewable technologies, so much is being achieved in pushing the boundaries of this industry. We discuss what the organisational implications for business leaders and investors are.
At a recent Leisure & Hospitality Breakfast series hosted at Claridges Hotel, Niren Chaudhary presented to a senior audience on “How to build brands in emerging economies” – a fascinating presentation based on a hugely successful turnaround and growth story when Niren was President of India for Yum! Foods. The presentation received outstanding feedback from the Chairmen, CEOs, COOs/ MDs, HR Directors and CMOs in the audience, so I wanted to share the essence of that presentation here.
We recently hosted our latest boardroom lunch at our London Office for Chairmen, NEDs, CEOs and Investors from the Leisure, Hospitality & Travel sector. Guests included board members from Casual Dining Group, Priceline Group, Greggs, British Hospitality Association, SSP Group Plc, Vital Ingredient, The Restaurant Group, TUI, Disneyland Resort Paris and Barburrito.
On the day of the recent referendum, a selection of Chairmen, CEO and investors from across the Leisure, Hospitality & Travel sectors discussed their thoughts on the outcome and the implications of a Remain or Leave. Harold Wilson’s famous “a week is a long time in politics” quote certainly seems even more relevant now than it was back in 1977.
In a week when Goldman Sachs reported a 60% drop in first quarter profits, continued media reports of low consumer confidence and uncertainty created through Brexit and a looming American election, we were intrigued to see whether the optimism built up in 2015 was alive and kicking or slowly dissipating. How optimistic were the CEO’s and Chairmen across the Leisure, Travel & Hospitality sector for the second half of 2016 and beyond?
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