InterContinental Hotels Group - Company Report

InterContinental Hotels Group - Company Report

Introduction

Human resource management is one amongst the most significant departments of an organization. The overall performance of the organization is actually based on the strategy adopted by, perspectives employed by, and performance of the human resource management department of that organization. This is for the reason that human resource management entails hunting for the talented and competent human resources, recruitment and staffing of the human resources, and post recruitment activities including the imbursement, rewards, performance measurement, health assurance, incentives, training and development, compensations, etc (Bratton & Gold, 2003). For achieving its objectives, it is exceedingly significant for an organization to incorporate such a structure which pursues to support the key values of cooperation, respect and trust. The business organization, in carrying out its activities, seeks to pose a positive influence on the stakeholders, communities, employees, consumers and the organizational environment. This paper presents a report on the human resource management and perspectives as employed by the InterContinental Hotels Group PLC.

Company History

Inter Continental Hotel Group PLC, which is commonly known as IHG, is actually a British organization of multinational hotels, whose headquarter is situated in Denham, UK. It is approximated as the biggest organization of hotels in terms of the dimensions of its rooms, and it has more than four thousand five hundred hotels across more than a hundred nations. The brands of InterContinental Hotels Group PLC count in Stay Bridge and InterContinental Suites, Holiday Inn, and Crown Plaza. Almost four thousand of their hotels function under the agreements of franchise; six hundred and fifty two are administered by the organization by distinctively possessed and ten are owned directly. Inter Continental Hotel Group PLC has a leading enrolment in the London Stock Exchange and is a part of the FTSE 100 Index. They also have a secondary enrolment on the New York Stock Exchange.

Mission, Vision and Values

The mission statement of Inter Continental Hotel Group PLC is to become the most prominent organization all through the globe by means of establishing great guests' love of the hotels. The road map for growth of Inter Continental Hotel Group PLC depends on the high performance and engagement from the inclusive labour force. For accomplishing this, Inter Continental Hotel Group PLC has planned a set of values which are referred to as the “winning ways”. These winning ways act as a road map that facilitates the Inter Continental Hotel Group PLC to meet their long standing vision. The winning ways of Inter Continental Hotel Group PLC serve as the basis for the means they would adopt for going about their business. Stating more precisely, the winning ways are essential for improving the associations and dealings with the business owners, colleagues and guests. This novel method of operating further drives and supports the growth and development of the organization. Now, let us take a look on these winning ways or values of the Inter Continental Hotel Group PLC and in what way can actually the ...