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Ibu 653- Global Business and Strategic Planning

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Submitted By hangluu
Words 4567
Pages 19
LE HANG LUU
NATIONAL UNIVERSITY
GLOBAL BUSINESS & STRATEGIC PLANNING
IBU 653
PROFESSOR: GREG KAHN

TABLE OF CONTENTS

Marriott’s Best Known Philosophy 3
History of Marriott 3
History of Marriott Innovation 4-10
Current Marriott Vision 11
New Vision 12
Current SWOT Analysis 13
Plan Of Action 14-15
Disciplines 15
Country Risk Analysis 16-21
Contingency Plans 21-22
Measurements of Success 23-24
Conclusion 25
References 26

Marriott’s Best Known Philosophy

Marriott International has been known not only its brands but also its “Spirit of Serve” and a core value shared by 132,000 Marriott associates worldwide. Marriott has been considered as the Best Company to Work for by CNN Money & Fortune. The question is what makes Marriott so great? “When business slowed last year and some associates couldn’t get enough hours to qualify for insurance, leaders changed the policy.” (CNN Money, 2011) Getting deeper into Marriott Company background, all the information below will be credited to Marriott Company Profile and Reference for Business websites.
History of Marriott International, Inc
Marriott International, Inc.--formed in 1993 when Marriott Corporation split into two separate companies--is the world's leading lodging and contract services company. Marriott International has two operating groups: Marriott Lodging, which generates about 60 percent of company revenue, and the Marriott Service Group, its contract services operation. Marriott Lodging manages or franchises more than 1,350 lodging properties under 10 hotel brands worldwide. It also operates more than 30 timeshare vacation properties through Marriott Vacation Club International, and 25 U.S. conference centers through Marriott Conference Centers. The Marriott Service Group includes Marriott Management Services, which

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