Hotel Management - Fundamentals in Labour Cost Management
What you'll learn
- Fundamentals of Labour cost
- Understand Labour Productivity
- What Affects Labour Cost & Productivity
- How to Plan and Control Manning & Cost
- Basic Understanding of Hospitality
- Some understanding of HR & Finance
Labor cost is usually the biggest cost in hotel and hospitality industry. Management of Labour cost is the crucial part of hotel management and usually a long term strategy.
Cost Containment measure in short term involving labour are usually not received well.
In this course we will go through some fundamental concepts of planning & monitoring labour cost keeping in view long term prospective.
Course is structured into
1. Fundamental concepts
2. Factors that affect labour cost and hence need deliberate planning
3. Control process and framework
4. Monitoring Process
Videos were recorded live during our workshop in Yangon. Participant's voice may not be heard clearly. I would be happy to know if i missed any specific topic.
Who this course is for:
- Human Resource Managers
- Finance Managers
- Hotel Operation Managers
PROFILE & STRENGTHS
Mr Manish Gupta is an experienced hospitality finance professional, having a blend of financial core expertise with hands-on training in managing hotel operations and business development.
Having worked as an Auditor for 7 years, he moved into finance management for brands like Parsvnath Developers and Shangri-La Hotels & Resorts and currently serving as the CFO of HTOO Hospitality.
His role is to spread the finance function for the largest hospitality in Myanmar owned and managed by one of the biggest business houses in Myanmar. They have 16 operational and underdevelopment High-end boutique resorts (covering an overall room inventory of 800+ rooms), 2,000 employees. Most of the properties are leaders in their region on trip advisor and won various travel awards over a period of time.
He has proven experience in setting up the foundation for sustainable growth (in the form of management information systems, restructuring), ERP implementation, gear towards IPO readiness & IFRS convergence. With such a great skill set, the students can be assured about the quality of training with his expertise.
He has been teaching at various institutions in Myanmar such as Swiss Business School, American Hospitality Institute of Myanmar with students ranging from directors to CEO of various companies.
ACADEMIC & PROFESSIONAL CREDENTIALS
Chartered Accountant – 2005 (Member of the ICAI) form Institute of Chartered Accountant of India
Company Secretary – 2005 from Institute of Company Secretaries of India
DISA (Diploma in Information System Audit) Supervisory Excellence (Online) & Business Leadership form e-Cornell University
Strategic Leadership from Shangri-La Global University