Leadership Styles And Financial Performance Of Hospitality...

LEADERSHIP IN HOSPITALITY MANGAEMENT In a hotel business there is a certain type of focus that each manager needs to have in order for them to properly achieve the goal of running the business. The success of a hospitality manager is on the dependence of how they lead and manager their personnel. In the article of the â€Å"Leadership Style and Financial Performance Riddle in the Lodging Industry: What is the Best Fit?† It focuses on the leadership styles and financial performance of the hospitality management. With the hotel attractive atmosphere, a sophisticated design, is expected to make money, then it is invested, in order for this to happen the manager needs to lead their employees to maximize the potential their business may have. The difference between leadership and manager and it takes two different type of styles to enforce a great care for their employees. A manager counts value where a leader focuses on creating value. The manager is cares of how the hotel is making value in an allotted amount of time while the leader is creating the values by addressing themselves with in the values by leading as an example. Managers have subordinates while leaders have followers, with this meaning the manager builds and creates the power, in while the leaders build and creates the influence. Managing work is consistent with controlling a group of subordinates to accomplish goals. Leadership is a leader who can influence, motivate and enable other to contribute to theShow MoreRelatedTransformational Leadership Style9215 Words   |  37 PagesInternational Journal of Hospitality Management 28 (2009) 254–262 Contents lists available at ScienceDirect International Journal of Hospitality Management journal homepage: www.elsevier.com/locate/ijhosman Transformational leadership style, market competition and departmental performance: Evidence from luxury hotels in Australia Anoop Patiar a,*, Lokman Mia b a b Department of Tourism, Leisure, Hotel and Sport Management, Grifï ¬ th University, 170 Kessels Road, Nathan, Brisbane, QldRead MoreEssay about Journal of Hospitality and Tourism Management4498 Words   |  18 Pageshigh-quality leaders in the hospitality industry has been readily recognised and is seen as critical to the long-term well-being of the industry. 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