(Solved Homework): Visit the http://www.marriott.com/ website listed and locate the company's vision…

Visit the http://www.marriott.com/

website listed and locate the company’s vision and/or mission statement(s). Critique the adequacy and merit of the company’s vision and mission. Be sure to list the effective elements and the shortcomings. Draft at least 3 strategic objectives for the company based on what you learned. Be sure to make the objectives SMART.

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Expert Answer

Marriott’s core values define its mission and vision. Essentials of its core values are

(a) Putting people first.

(b)Pursuing excellence

(c) Embracing change

(d) Acting with integrity

(e) Serving the world

For a premier organization in hospitality segment, the core values which have been integral to the organization seem to be adequate. However, we don’t find words like “customer focus” or ” customer orientation” in the values. Though these values are intended but need to be explicit among the core values. Another point missing here is cotinuous improvement to make the services and customer experience better. Though embracing change is included in the values but it amounts to change with changing customer needs, not to find our own shortcomings and correcting them. The values reflect virtues or guiding principles inherent to the organization but it does not state where it aims to take the company, like ” To be the most preferred destination for a traveller”.

Apart from this, the values define the guiding principles and ethos of organization in the most effective manner, including employee focus, excellence in service, integrity, flexibility to change and community orientation.

The top objectives the company wishes to achieve through the statement

1. To be the world’s most preferred travel company driven by excellence.

2. To be known as an ethically driven, service oriented, sustainable and community sensitive organization.

3. To be among the best places to work in hospitality and service sector.

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