Global Human Resource Managemenet Stratgy Assignment

Global Human Resource Managemenet Stratgy - Assignment ExampleThe insure ends with the recommendations that are very grievous for the impudent venture to incorporate in its work plan.The report aims at delivering a recommendation report to Human Resource director of Hilton Hotels Corporation. It highlights the internal evaluation of strategies adopted by Hilton Hotels Corporation and examines requirements of a new joint venture that is planned in China. In China, Hilton Group has already established their hotels as Hilton China, besides they have concentrated in entering into a joint venture with Swire Hotels in Mainland China. Thus, the report elaborates tender resource requirements for the new joint venture in China.Hospitality industry includes wide range of work like event planning, lodging, transportation and hotels. The growth in revenue in this particular heavens depends on the availability of the disposable income and leisure time of the individuals. The global hospita lity industry has encountered growth for the last fiver years due to the increase in solicit for different services. The following graph indicates the trend of pauperism and supply in this particular industry for the last five years.From the above figure it can be depicted that the demand for the hospitality services were much less than that of the supply of the same. The reason behind this digression in demand and supply can be stated as the decrease in disposable income of the individual globally. Disposable income is the main driver to boost revenue in this industry. The leisure time alike plays an important role for governing the increase or decrease in demand for services in this sector as with the increase in competition worldwide people have become much conscious regarding their job and thus they do not get much time to spend with their family. For example, if the hotel sector is taken into account it can be stated that with the rise in price of the hotel rooms the dema nd