PROJECT OF MANAGMENT GROUP MEMBERS TAIMOOR SHAHZADA KHADIJA BASHARAT ANUM SHAHZADI MUHAMMAD SHOAIB PEARL CONTINENTAL INTRODUCTION EVOLUTION Bhurban Peshawar Rawalpindi Lahore Karachi INTRODUCTION Taken by Hashwani Group in 1985 Name changed from Intercontinental to Pearl Continental Running under holding company Pakistan Service Ltd(PSL) CORE VALUES SERVICES INTRODUCTION Marriott hotel is located at first step of Marglla Hills It is a project of Hashwani Hotels Limited Also established in Karachi named as Marriott Karachi Providing Five Star hospitality services Providing Guest Rooms, Restaurants, Lounges, Lobby Lounges, Fitness and Recreation facilities SERVICES PEARL CONTINENTAL MANAGEMENT FUNCTIONS PLANNING LEADING ORGANIZING CONTROLLING PLANNING Defining Goals Establishing Strategies Developing Plans To Coordinate Activities VISION/ MISSION STATEMENT We are committed to dynamic growth and service excellence built upon our heritage of traditional hospitality. We strive to consistently meet and surpass guests, employees and others stakeholders expectations. We feel pride in making efforts to position Pakistan in the forefront of the international arena. PLANNING To provide better services Traditional Goal Setting Rational Decision making Strategies and Plans are made by Top Management ORGANIZING Arranging and Structuring Work What Need To be Done How it will be Done Who is to do it ORGANIZATIONAL STRUCTURE GM Executive (A M) Director IT Director Sale Director Finance Credit Manager Assistant Accounting Cost Manager Director Food Assistant Director Director Engineering Executive Chef DEPARTMENTS HRM Department Finance Department House Keeping Department Front Office IT Department Food and Beverage Sale Department Landry Department Chef Department ORGANIZING There is division of work according to the job task There is low formalization The organization is centralized There is high Departmentalization They have narrow span of control There is no relationship among the individuals and groups LEADING Working with and Through People Motivating How to deal with the People LEADING Rewards and bonuses are offered twice in a year Give 50% discount to employees and their relatives on meal High Level of motivation Working participation of top management is very low There is no involvement of employees CONTROLLING Monitoring Comparing Correcting Work Performance CONTROLLING External and Internal Audit is conducted to check the performance Investigation is conducted by a team in case of major offence They check whether their actual quality is matching with their set standard The top management control the misbehavior of employees with the customers MARRIOTT ORGANIZING PLANNING Vision Statement “ The vision is to be the world's leading provider of hospitality services.” Mission Statement "Our commitment is that every guest leaves satisfied." PLANNING To provide better and high Quality services to maintain the standard They use mechanistic approach to set goals To maintain Good Relationship with customer with maintain profit Individual Tasks and Goals are not assigned ORGANIZING Divide work to be done into specific jobs and departments Assigns task and responsibilities Establishes relationships among individuals, groups and Departments The rules are formalized Decentralization Departmentalization is there They do not have Chain of Command They have narrow span of control ORGANIZATIONAL STRUCTURE LEADING Managers handle employees who appear to be low in Motivation Top Management have most effective Leadership style in any situation because there is no involvement of employees The workers productivity will not affect with change in any decision When there is any conflict the managers make efforts to remove this conflict CONTROLLING Managers control the conflict Top management control the misbehavior of employees with customer Top Management Conduct internal and external audit for check and balance of employees They control their Quality Standard SWOT ANALYSIS STRENGTHS Pearl Continental PC is in the hotel market for the past 36 years. Have most experience employees available at suitable job. PC as compare with its other competitions share the advantage of having 300+ luxuries rooms with big bathrooms which no hotel in Pakistan is able to accomplish. PC carries out loyalty program such as keep track of its customers. Keep history record of customers who avail the room facilities. Marriott It is world wide chain Unhampered by Hotel ownership Focus on Development Strong internet Presence Solution of Problems through IT WEAKNESSES Pearl Continental Old customers do not prefer to visit the same hotel over and over. They prefer to experience something new. No innovative change The other weakness of PC lies in its telephone system, which is again an old system. As Sheraton enjoys the great advantage of having latest technology that is it Telecommunication system. Marriott Domestic market focus Luxury Brands Country Yard Brands Lack of low cost life style brands Uncertainty around the launch of “ Edition” OPPORTUNITIES Pearl Continental Number of customers/people increase and PC get an opportunity to show its loyalty and services to its customers. People book rooms and avail services rendered by PC. Seminars are again a great opportunity for PC as world wide seminars are being held in the city or in PC Banquet halls. Parities wedding and other extra circular activities are opportunity to help PC recognize its name. PC looks up to these opportunities whole-heartedly. Marriott Emerging Markets Individuated experience THREATS Pearl Continental Threats of new entrants like Islamabad Serena is a threat for PC. One of the biggest threats PC has to face is Blue lagon being its next door neighbor. As if things don't work with customer at PC they can always walk across the road and just knock. Law and order situation can also be a threat such as strikes. If law and order not maintain throughout the country people around the world would avoid to come to Pakistan. Marriott Consumer Confidence Economy brand Development Credit Crunch Security Threat FINANCIAL STATEMENT ANALYSIS Gross Profit Net Profit Pearl Continental 1540229 427932 Marriott 1461627 229838 NOTE:- Add “000” after digits FINANCIAL STATEMENT ANALYSIS 1800000 1600000 1400000 1200000 1000000 GROSS PROFIT 800000 NET PROFIT 600000 400000 200000 0 PC MARRIOTT BALANCE SHEET ANALYSIS CURRENT ASSETS CURRENT ASSETS FIXED ASSET LIABILITIES LIABILITIES EQUITY 3% EQUITY 5% 39% 45% 45% 47% 5% FIXED ASSETS 11% QUESTIONNAIRE ANALYSIS OTHERS 20% PC 45% MARRIOT T 35% CONCLUSION At the end, we can conclude that both hotels are doing good business Marriott and PC now becomes status symbol But people are more loyal with PC as Questionnaire analysis shown Culture of Marriott is more Strict as compare to PC PC is earning more profit due to its good management and other environment.