Managing Underperforming Properties
About the program
This program examines performance shortfalls and crisis situations within the hospitality and tourism industry. It intends to analyze how organizations and people react to and cope with conditions of financial distress and performance shortfalls. You will discover theories and practices on corporate turnarounds and change management.
Schedule
| Week 1 | Introduction to underperformance The blinded stage |
|---|---|
| Week 2 | The inaction stage The faulty action stage |
| Week 3 | The crisis stage Turnaround fundamentals Manage and implement turnarounds |
| Week 4 | Leadership challenges in the crisis stage The corporate dissolution stage |
| Week 5 | Final assessment |
Learning Outcomes
- Demonstrate an awareness of the impact and complexity of strategic issues and business decisions
- Formulate strategic choices and policies that determine the long-term success of firms
- Evaluate the reasons why some firms succeed and others fail
- Formulate sound strategic, operational, and financial decisions in situations of decline and performance crisis
Program Overview
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Delivered Online
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Length 5 weeks
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Effort 8 - 10 hours/week
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Language English
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Level Intermediate
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Prerequisite Hospitality experience
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Price CHF 2,200
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Certificate Certificate of Achievement
Certificate Sample
40+
Lecture Videos
10+
Executive Interviews
5+
Interactive Exercises
5+
Reading & Case Studies
Meet your instructor
Prof.
Dr. Achim Schmitt
Professor of Strategic Management
Prof.
Dr. Demian Hodari
Associate Professor of Strategic Management
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