Premium Essay

Paradigm

In: Other Topics

Submitted By karthikiyer457
Words 1064
Pages 5
CASE STUDY

Introduction A wealthy investor, who is sitting on a pile of cash, is looking to set up a chain of hotels in a country known as Ulm. Ulm came out of a prolonged period of political turmoil recently and is a rapidly growing economy now. You have been appointed as a CEO working for this investor. You have access to the consultant report that contains detailed market research information on each location and the potential for each hotel type that could be set up. The consultant of Ulm has created a 6 year master plan for growing the hotel industry in his country. As part of this master plan, he has identified 15 cities where he wants the hotel industry to flourish. Some of these cities are commercial centers, some industrial centers, some recreation centers and some vacation spots.

About the hotel industry The hotel industry is highly location sensitive and its cost structure and profitability depends largely on aligning the delivery format (see Exhibit 2) with the profile of travelers to that city. The profile of travelers in a city in turn depends on what the city is well known as. A commercial center is a city whose economy is service driven and sees a large influx of business travelers on weekdays. On the other hand, an industrial center is a city that has large industrial zones, with mostly manufacturing based businesses, and sees a uniform inflow of travelers on business throughout the year. Other cities are well known for recreation spots and see a deluge of travelers on weekends, whereas others are vacation spots that see a huge demand for hotels in the holiday season around Christmas and New Year. Exhibit 2: Types of hotels

Number game An important business decision for any hotel chain is the number of properties and the number of delivery formats it wants to compete in. Investing into multiple properties and multiple formats is the hotel

Similar Documents

Premium Essay

Paradigm

...faced to “revolutionary change” as paradigm shift. He describe it as a borderline or limitation we have set to our norm that affects how we view new ideas or change in the workplace or invention. He mentioned that great scientists and inventors of the past misread the sign of new ideas, because their old paradigm (system of rules that set limits on new ideas) could not reimagine the possibility of that idea to come true with the known resources. Barker express that one have to be able to look beyond their present paradigm to see what changes could occurs in society. People such as Einstein, Darwin and Copernicus (the Earth revolves around the Sun and not the other way around) saw adjusted to the new paradigm. 2. I believe this video is an exact example of the struggles managers of various levels and skills face today and of previous times. When in a managerial position, one is expected to be a team player than Mr. /Miss Do It Yourself (DIY). According to the textbook, one of the major challenges managers face especially new managers is changing from their old paradigm role to the new paradigm role they play in the company. One specific struggle is going from a personal identity (as the textbook described) to general specialist. Before the managerial position, you’ll be an independent entity, you having the feeling that you are capable of doing every task alone with minimal dependency on others (co-workers or supervisors). However, this paradigm normally does not make a successful...

Words: 608 - Pages: 3

Free Essay

Paradigm Shifts

...Paradigm Shifts A paradigm shift is a shift in world view which occurs whenever there is a period of stagnation and presents a radical new idea, such as the transition from steam to combustion engines. If paradigm shifts occur at an exponential rate, change approaches infinite, and is expected to reach a singularity where after that point; nothing can be known which NASA has categorized it as an impending event, estimated for 2035. As paradigm shifts occur exponentially, so will the symptoms of the Dark Age be exacerbated including the five beneficent pillars. The meanings of words exponentially vary causing lexical complexity to decay along with the ability to discern reality until it is virtual due to semantic shifts. The severity of higher education may soon become nil as nanotechnology will allow scanning of the brain thus, all thoughts, memories and knowledge can be transferred, recreated or stored for another human. Science and technology won’t help us master reality but instead further enslave the population due to greater dependences on things like nanotechnology to fight disease. Since that is power, governments will ignore needs and possibilities to focus on the prior, and no opposition will exist as semantic shifts further confuse population and government between mechanism and purpose. Finally, the individual must constantly adapt to growing environments due to paradigm shifts, and therefore causes greater inauthenticity which leads to greater ironic detachment. Thus...

Words: 268 - Pages: 2

Free Essay

Shifting Paradigms

...| When paradigm shifts take place, we see things from a different perspective as we focus on different aspects within our lives. In regards to the work environment, shifting paradigms can directly impact the quality of the products and services. I used to believe that a successful management system breeds a consistent result. However, working for a huge company like AT&T, shifts in management styles can oftentimes yield varying results. AT&T has a reputation of being ahead of the game in regards to technology and the wave of the future. So one would think that “working on the inside” of the business I would be on top of the leading technology. I can heartily say “NOT” due to economic changes that AT&T has endured over the 16+ years that I have been employed by them. The first critical aspect of paradigm shift in an organization is making changes to the culture. When I first started working for AT&T I came into a business that was essentially operated solely by the service of humans. Automation was not quite as intricate as it is today so placing a long distance, calling card or collect call required the aid of a human operator to complete. The culture at the time was people oriented and employees really took the time to service customers and oftentimes put their heart and soul into making the business successful by developing initiatives that were filtered from bottom up. Suggestions and process improvement was encouraged directly from the employees that answered...

Words: 525 - Pages: 3

Free Essay

Paradigm Shift

...ITT Tech Gary Sims Jr. a significant change in the paradigm of any discipline or group: “Putting skilled, tenured teachers in failing schools would cause a paradigm shift in teaching and education.” 08 Fall Paradigm Shift A Paradigm Shift is not just a small change in science, or the modification of a theory. It is a scientific revolution and completely changes the way in which science looks at the world. It often dictates how the public looks at the world. A paradigm shift is often the result of scientists working at the fringe of the paradigm, performing research that most other researchers feel is a little misguided, or a dead end. In most instances, this view is correct but, every so often, a scientist has a revelation. More often than not, they feel the weight of scientific and public opinion, and become ridiculed. However, slowly but surely, other scientists try out the research, and a few lost voices in the wilderness increase into a new way of thinking. For example, explorations of chaos theory took a long time to take root, and his ideas were marginalized, because they lay outside the established classical paradigm of physics. Early Chaos Theorists found difficulties in receiving funding, finding supervisors, and finding journals willing to publish their research. Kuhn’s paradigm definition is a little more than a theory, although the terms are often used interchangeably. It is a complete and overall view of a phenomenon, often relying upon some basic principles...

Words: 622 - Pages: 3

Free Essay

Paradigm Shift

...Paradigm Shift Problem Solving Theory Research Paper 1 October 2, 2014 What is a Paradigm Shift? A paradigm shift is defined as a “radical change in an underlying theory” (taketheleap.com). Thomas Kuhn in 1962 describes Paradigm shift as when new knowledge replaces old knowledge (www.taketheleap.com) In technology there has been a definite paradigm shift. Globally we use technology in our daily lives. The Paradigm shift in technology began at the creation of the PC, following internet. Technology impacts our personal, business, education and recreation. (www.taketheleap.com) Just think of the baby boomers and older adults. They have had to adjust to a huge paradigm shift in technology throughout their life time. Going from only having access to radio, to black and white TV, to Colored TV, now HD and 3D. To function in society it is almost impossible to do without some sort of technological device. Whether it be a tablet, laptop, PC or smartphone, we need them in our daily lives. This can be frustrating to the baby boomers. They have had to completely change the way they are able to get through their daily lives, banking, paying bills, email, social network media. To some it makes sense it is easier, everything is at your fingertips. Our children on the other hand have no idea what it is like not to have technology. When our children begin school and they are used to learning programs on computers, phones and tablets, now have to use a pencil and paper to apply their...

Words: 412 - Pages: 2

Free Essay

Paradigm Shift

...to: DR. CARMELA N. HADIA When I learned that one of our reaction papers will be about Thomas Kuhn’s ‘Structure of Scientific Revolutions,’ I immediately searched through the internet what this article or book is about. Opening one of google’s link, I saw it was a book and (the story) looked very long. I thought to myself, ‘Oh, no! This is going to be a very long and boring read.’ And I knew I will not be able to finish reading it and give a reaction in a week so I looked for a summary of the book, instead. And there were a lot done by different people/organizations. From the various summaries I read, I found the book interesting because it was not a conventional science book. Yes, it talked a lot about science but the paradigm shift that Kuhn wrote about got my interest. The ‘scientific revolutions’ were true and believable and somehow, I agree with them. Science, or normal science as Thomas Kuhn put it, is the process of gathering facts to build hypotheses that explain different phenomena in the world. It is a ‘research firmly based upon one or more past scientific achievements, achievements that some particular community acknowledges for a time as supplying the foundation for its further practice.’ And this is the science that almost everybody knows. This is the science I know. I couldn’t care less what those new achievements are. I just watch the Discovery Channel and surf the internet and they would tell me what is new and how things happen in just one...

Words: 927 - Pages: 4

Premium Essay

Behavior Paradigms

...Rationalist vs. Behavioralist Paradigm Problems 1. During the last five years, your instructor has discussed the emerging field of behavioral finance with many colleagues. The most common reaction has been for those colleagues to smile and say, "Behavioral finance? That's an oxymoron." Oxymoron is defined as a combination of contradictory or incongruous words (e.g. cruel kindness). Explain this reaction using a) the concept of paradigm and b) attributes of the behavioral and rational paradigms. a) According to the concept of a paradigm, someone in finance would operate on a set of principles that their work is based upon. It is the method by which they analyze their data. Under this philosophy the statement is considered an oxymoron because under the colleagues point of view they view those that study finance one that does not act on behavior. They assume that anything that involves finance automatically dictates numbers and thinking ogically in steps. It is not until there is a shift in the paradigm and that they see it from a finance position do they see the possibility of a behavioral implications. b) According to the rational paradigm, one that is interested in finance is well educated, has some predisposition towards the acclimation of wealth and is focused on the market. By the definition this means that they are rational and not behavioral. 2. The Structure of Scientific Revolutions triggered diverse reactions. Most “hard” scientists shrugged...

Words: 1799 - Pages: 8

Free Essay

Programing Paradigm

...Programming paradigm is a fundamental style of computer programming , a way of building the structure and elements of computer programs. There are six main programming paradigms: 1. imperative programming, imperative programming, which is based on procedural languages, literate programming ,which structures programs as a human-centered web, as in a hypertext essay –documentation is integral to the program, and the program is structured following the logic of prose exposition, rather than compiler convenience. 2. declarative programming, declarative programming paradigms were developed. In these languages the computer is told what the problem is, not how to solve the problem – the program is structured as a collection of properties to find in the expected result, not as a procedure to follow. Given a database or a set of rules, the computer tries to find a solution matching all the desired properties. The archetypical example of a declarative language is the fourth generation language SQL, as well as the family of functional languages and logic programming 3. functional programming , Functional programming is a subset of declarative programming. Programs written using this paradigm use functions, blocks of code intended to behave like mathematical functions. Functional languages discourage changes in the value of variables through assignment , making a great deal of use of recursion instead. 4. object-oriented programming , object-oriented languages...

Words: 393 - Pages: 2

Premium Essay

David A. Thomas and Robin J. Ely's Three Paradigms of Diversity

...1. David A. Thomas and Robin J. Ely's three paradigms of diversity focuses on: (1) discrimination and fairness, (2) access and legitimacy, and (3) learning and effectiveness paradigm as shown. "Most people assume that workplace diversity is about increasing racial, national, gender, or class representation - in other words, recruiting and retaining more people from traditionally underrepresented identity group." [1] This is true for both discrimination and fairness and access and legitimacy paradigms. Although these two paradigms are the most common way that companies approach diversity, they are not the most effective way for companies to manage diversity. Discrimination and fairness paradigm focuses on hiring women and people of color according to the Equal Employment Opportunity federal laws, fair treatment, and recruitment purposes. Companies that use this style to manage diversity will continue to face issues because their employees will feel that they were only hired to fill a void and not really hired based on their qualifications. Employees will not feel as though they are valued or even an asset to the company. The goal with this paradigm is to hire people from diverse backgrounds in order for them to increase its numbers for minorities and women. Access and legitimacy paradigm method is used to hire people to fit in a specific group. The focus is to hire people based on the consumer market. For instance, a company located in "Spanish Harlem" hires Hispanics...

Words: 746 - Pages: 3

Free Essay

Research

...28th October 2011 Reflective journal Section M I start reading the with something unknown to me but as i move further in book,i become so glad to have solution of my main problems in my hand and start reading with more interest. I realised that indeed I’ve many paradigms and the first of all the paradigm I’m having is that somehow I believe that I’m not a good cricketer. I’ve been playing cricket since I was 9 years old. I’ve played for my school, academy and numerous clubs, but the fact that I’ve never been able to score a century and that some of my fellows are playing today at a higher level than me is something that annoys me. Moreover I also think that I’m a slow or maybe poor learner. It takes me hours to understand few pages of my course pack and consequently I’m always unable to score good in exams because mostly I’m not able to complete my syllabus on time. Similarly I think that I’m not an intelligent student Principles are foundation of any great personalities in the world because they show you to world what you are.principle of loyalty is which i am following because loyalty to any cuase , task ,person takes you nearer to that and inreturn you will get loyalty of that.Principle of respect is also an important factor that's what i m following baecuase great personalities...

Words: 349 - Pages: 2

Premium Essay

Thesis Draft

...The Influences of Online Gaming to the Academic Performance of the Grade 10 Business High School Students of Pasig Catholic College School Year 2015-2016 By Mesfin Bram. Diosina Jarazea Ron Bugnot Alyza Clariss Anne Lazaro Erica Mae Balogbog Enzo Rafael Raymundo Milleamor Joy Gulde Chapter 1: THE PROBLEM AND ITS BACKGROUND: Introduction: Many students this time likes to play online games such as Defense of the Ancients, League of Legends, and other online games that sometimes students forget their academic responsibilities and they end up either having low grades or failing tests and their subjects. Most of them goes to internet shops/cafes after school and play games for a minimum amount of money but they often stay there for a long period of time, most of them plays for an hour or two but some can play longer than the latter. We as students, also play and enjoy online games because playing online games is part of our leisure time as a teenager or student. We may spend a lot of time and money on it, but some students like us maintain our grades but mostly fail our grades due to ‘gaming overdose’ and that can’t be avoided due to adrenaline rushes that the games’ thrill gives us, but it can be stopped. We can stop it by limiting our gaming habits so that we can...

Words: 642 - Pages: 3

Premium Essay

Supply Chain

...Introduction In this essay, it will firstly introduce a well-known paper in my research area, named The Balanced Scorecard-Measures That Drive Performance, then the underlying assumptions and paradigm of this research will be discussed and identified. After that, some criticize will be raised from the view of other paradigms, the difference of underlying assumptions will be explained in the end. Paper of Balanced Scorecard In 1992, Robert S. Kaplan and David P. Norton published the paper named The Balanced Scorecard - Measures That Drive Performance, this paper is based on a year-long research project with 12 companies at the leading edge of performance measurement. It changed the traditional performance measurement (which only concerns the financial performance of the company) by introducing four aspects of performance : financial perspective; customer perspective; internal process perspective and learning and innovation perspective. The paper argues that managers could have a better understanding and control of their companies by answering the basic questions related to these perspectives. For example: How do customers see us(customer perspective); What must we excel at(internal perspective); Can we continue to improve and create value(innoviation and learning perspective); How do we look to shareholders(financial perspective). The paper also demonstrated some examples of how to build the balanced scorecard for the company and developed the performance measurement system...

Words: 926 - Pages: 4

Premium Essay

Strategic Planning Study Guide

...Strategic Planning Study Guide Strategic Planning is the process which the guiding members of an organization envision it future and develop the procedures and operations necessary to achieve that future. ************************************************************************ OldWay vs NewWay OldWay (in order of priorities) 1. The Document...the bigger the better, get the bosses of your back 2. The Process...delegated to an individual or the command staff 3. The Implementation...they could not care less NewWay (in order of priorities) 1. Implementation... 2. Process... 3. Document... The old way was about efficiency. Satisfying a govt body who wanted a document. The new way is about effectiveness. If you focus on effectiveness, the likely by product is that you will be efficient. If you focus on efficiency, the likeliness of being effective is 50/50. Involvement and participation by a lot of people equals successful implementation... The lack of the same equals resistance. You want to create ownership of the plan by the troops. ************************************************************************ Course Objectives 1. Recognize, understand and interpret emerging trends. Example: All drug trends start on the west coast. 2. Describe leadership traits of future leaders. Visionary, competent, lead by example, integrity, 3. Develop a positive organizational culture. Example: Foster learning, don't micromanage, don't manage for the slugs (10%) manage ...

Words: 2534 - Pages: 11

Premium Essay

Organizational Management

...Principles That Promote Learning Natalie White ORG 525 Mr. Foster September 4, 2002 Principles That Promote Learning Many of today’s schools are not organized to effectively support and encourage learning. Our existing administrative structures—often organized in a bureaucratic and hierarchical configuration, our value systems, and our professional training programs are often in conflict with the kind of systemic change that the times demand. Teachers are isolated, without opportunities to collaboratively solve problems, share information, learn together, and plan for improving student achievement. Too often, students are not provided with work that is engaging, that meets high academic standards, and that is challenging and satisfying. Time is not always utilized effectively, and technologies that could enhance teaching and learning are either not available or not fully utilized. And our educational leadership preparation programs have not prepared their graduates to identify, address, and resolve these issues. My finding articles “Sculpting the learning community: New forms of working and organization” by Karen E. Watkins and Victoria J. Marsick, talk about how “school are communities in which learning is supposed to take place, but they do not always function well as learning communities. The important of this article is that it gives one version of targets, key aspect of learning organizations as the basis for self-examination. As the learner read...

Words: 777 - Pages: 4

Free Essay

Bionics Technology

...#1: Paradigm shift Bionics technology Bionics technology is the use of systems and methods that occur naturally and then applying those methods and systems to engineering and technology studies (1). One example of how the study of systems in nature have been used to develop products that can be manufactured and taken to market was in the development of dirt and water resistant paint. The paint was developed after observing that nothing will stick to the leaf of the Lotus flower (2). Another example of technology that was developed from studying nature would be Sonar which mimics the echolocation of bats (3). There are currently several companies, including Raytheon and Lockheed Martin, which are developing Ekso Bionics body armor for military use. These suits would allow a soldier to lift as much as 200Lbs without assistance reducing the need for special lifting equipment in the field (4). Another advantage to soldier’s would be the ability to run greater distances with less fatigue. This would be accomplished because the weight of the soldier would be transferred to the ground through titanium legs (5). The lack of a reliable, lightweight power source is the one thing that is currently holding back the development and use of Ekso Bionics. However, developers are currently exploring the use of electrochemical and solid oxide fuel cells to overcome this problem (6). In the future this technology will be used in a more routine day to day basis in areas such as manufacturing...

Words: 373 - Pages: 2