Professional Documents
Culture Documents
CHAPTER 1
INTRODUCTION
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INTRODUCTION
Organization study is a part of MBA program which a student has to undergo training during
their course of study. It narrows the gap between theoretical knowledge and practical situations.
Training makes man into experienced one.
The intention of organization study is to have an exposure of real organization function and to
strengthen the theoretical knowledge. I did my training program at FORTUNE SELECT
TRINITY, ITC GROUP HOTEL. During the period of one month I was able to experience the
various function of different departments in the organization.
Objectives of the study
1.
2.
3.
4.
5.
6.
7.
Scope of study
1
This report s based on the study conducted at FORTUNE SELECT TRINITY, ITC
aspects.
It aims to understand the skills of company in areas like technological advancements,
competition and in management.
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As per the managers are busy in their daily schedules it is not possible for us to spend
more time in interaction and discussion with them
Observing the working of various departments like finance, human resource production
etc..
Discussion with the company executives, managers and employees.
Visiting and surfing websites of the company.
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COMPANY PROFILE
COMPANY PROFILE
ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India
Limited. As the Company's ownership progressively Indianite, the name of the Company was
changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited
in 1970 and then to I.T.C. Limited in 1974. In recognition of the Company's multi-business
portfolio encompassing a wide range of businesses - Fast Moving Consumer Goods comprising
Foods, Personal Care, Cigarettes and Cigars, Branded Apparel, Education and Stationery
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Products, Incense Sticks and Safety Matches, Hotels, Paperboards & Specialty Papers,
Packaging, Agri-Business and Information Technology - the full stops in the Company's name
were removed effective September 18, 2001. The Company now stands rechristened 'ITC
Limited'.
The Company's beginnings were humble. A leased office on Radha Bazar Lane, Kolkata, was the
centre of the Company's existence. The Company celebrated its 16th birthday on August 24,
1926, by purchasing the plot of land situated at 37, Chowringhee, (now renamed J.L. Nehru
Road) Kolkata, for the sum of Rs 310,000. This decision of the Company was historic in more
ways than one. It was to mark the beginning of a long and eventful journey into India's future.
The Company's headquarter building, 'Virginia House', which came up on that plot of land two
years later, would go on to become one of Kolkata's most venerated landmarks.
Though the first six decades of the Company's existence were primarily devoted to the growth
and consolidation of the Cigarettes and Leaf Tobacco businesses, the Seventies witnessed the
beginnings of a corporate transformation that would usher in momentous changes in the life of
the Company.
ITC's Packaging & Printing Business was set up in 1925 as a strategic backward integration for
ITC's Cigarettes business. It is today India's most sophisticated packaging house.
In 1975, the Company launched its Hotels business with the acquisition of a hotel in Chennai
which was rechristened 'ITC-Welcomgroup Hotel Chola' (now renamed My Fortune, Chennai).
The objective of ITC's entry into the hotels business was rooted in the concept of creating value
for the nation. ITC chose the Hotels business for its potential to earn high levels of foreign
exchange, create tourism infrastructure and generate large scale direct and indirect employment.
Since then ITC's Hotels business has grown to occupy a position of leadership, with over 100
owned and managed properties spread across India under four brands namely, ITC Hotels Luxury Collection, WelcomHotels, Fortune Hotels and WelcomHeritage.
In 1979, ITC entered the Paperboards business by promoting ITC Bhadrachalam Paperboards
Limited. Bhadrachalam Paperboards amalgamated with the Company effective March 13, 2002
and became a Division of the Company, Bhadrachalam Paperboards Division. In November
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2002, this division merged with the Company's Tribeni Tissues Division to form the Paperboards
& Specialty Papers Division. ITC's paperboards' technology, productivity, quality and
manufacturing processes are comparable to the best in the world. It has also made an immense
contribution to the development of Sarapaka, an economically backward area in the state of
Andhra Pradesh. It is directly involved in education, environmental protection and community
development. In 2004, ITC acquired the paperboard manufacturing facility of BILT Industrial
Packaging Co. Ltd (BIPCO), near Coimbatore, Tamil Nadu. The Kovai Unit allows ITC to
improve customer service with reduced lead time and a wider product range.
Launched in 1975, ITC Hotels, India's premier chain of luxury hotels, has become synonymous
with Indian hospitality. ITC Hotels pioneered the concept of 'Responsible Luxury' in the
hospitality industry, drawing on the strengths of the ITC groups exemplary sustainability
practices. Responsible Luxury personifies an ethos that integrates world-class green practices
with contemporary design elements to deliver the best of luxury in the greenest possible manner.
Fortune Hotels are the brainchildren of ITC ltd which is a large commercial conglomerate.
Fortune Hotels have done a splendid job of establishing its brand as a premium hotel brand.
Their chain of 3-4 star hotels across 18 locations in India are mostly business hotels situated in
metropolitan areas.
Branded Accommodation
ITC Hotels has set standards for excellence in the hotel industry by pioneering the concept of
branded accommodation. The chain has developed three brands of accommodation ITC One',
'Towers' and the 'Executive Club' to differentiate between the needs of various travellers and
provide the highest levels of service.
Branded Cuisine
ITC Hotels is one of the first to introduce branded cuisine WelcomCuisine - in India. The
Bukhara and Peshawri restaurants give epicures the rugged, outdoor cuisine of the Northwest
Frontier Province. Dakshin has brought together the highly evolved cuisines of the four southern
states- Andhra Pradesh, Karnataka, Tamil Nadu and Kerala. Dum Pukht is a unique restaurant
dedicated to a 200-year old culinary tradition of slow cooking food, in sealed deghs. The
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fragrance of the meal becomes an invitation befitting royalty. Today the connoisseur can savour
these delicacies across the country. The sumptuous fare at Kebabs and Kurries comprises a
mouth-watering array of kebabs and a wide range of dishes from all over India. These dishes can
be categorized as Qualms, Qaliyas or Salans.
Rated high by food connoisseurs all over the world, ITC Hotels takes exceptional pride in
showcasing its internationally renowned cuisine. West View brings a careful selection of western
cuisine s from the remote France chateaux, grill houses on the East and West coasts of America,
rosy kitchens of English manors, leisurely Mediterranean villas and bustling German
marketplaces.
Create multiple drivers of growth by developing a portfolio of world class businesses that
best matches organizational capability with opportunities in domestic and export markets.
Continue to focus on the chosen portfolio of FMCG, Hotels, Paper, Paperboards &
Packaging, Agri Business and Information Technology.
Benchmark the health of each business comprehensively across the criteria of Market
Standing, Profitability and Internal Vitality.
Ensure that each of its businesses is world class and internationally competitive.
Enhance the competitive power of the portfolio through synergies derived by blending
the diverse skills and a capability residing in ITCs various businesses.
Create distributed leadership within the organization by nurturing talented and focused
top management teams for each of the businesses.
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Company Facilities
No director, senior management and employee shall misuse Company facilities. In the use of
Company facilities, care shall be exercised to ensure that costs are reasonable and there is no
wastage.
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Board of Directors
Audit
Committee
Compensation
Committee
Corporate
Committee
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Nominations
Committee
Investor
Service
Committee
Sustainability
Committee
Management
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Board of Directors
Chairman
Y C Deveshwar
Chairman :- Y. C. Deveshwar (65) joined ITC in 1968 and is an alumnus of the Indian
Institute of Technology, Delhi and Harvard Business School. He was appointed as a Director on
the Board of the Company in 1984 and became the Chief Executive and Chairman of the Board
on January 1, 1996. Between 1991 and 1994, he led Air India as Chairman and Managing
Director.
Deveshwar is a past President of the Confederation of Indian Industry. He is also a Member of
the Board of Governors of the Indian School of Business and the former Chairman of the
Society and Board of Governors of the Indian Institute of Management Calcutta. He is a
Member of the National Integration Council, Board of Trade as well as the National
Manufacturing Competitiveness Council constituted by the Government of India. He also
serves on the National Executive Committees of some of Indias premier trade and industry
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bodies, and is a Member of the UK-India CEOs Forum instituted by the Governments of India
and the United Kingdom.
Executive Directors
A Baijal
S Banerjee
A V Girija Kumar
S H Khan
S B Mathur
D K Mehrotra
P B Ramanujam
S S H Rehman
Anthony Ruys
Basudeb Sen
Meera Shankar
K Vaidyanath
B Vijayaraghavan
Hotels Division
N Anand
Dipak Haksar
Member
B Hariharan
Member
A Pathak
Member
M Bhatnagar
Member
S C Sekhar
Member
A R Noronha
Member
G Anand
Invitee
A Sharma
Invitee
ITC Hotels
ITC Hotel Luxury Collection
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Vision - Sustain ITC's position as one of India's most valuable corporations through world class
performance, creating growing value for the Indian economy and the Companys stakeholders
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Bukhara awarded with " Restaurant of the Year" at NDTV Lifestyle Awards, March 2013
Dum Pukht awarded with 'Best in Country' recognition at the S.Pellegrino Asia's 50 Best
January 2013
ITC Grand Chola receives green rating for integrated habitat assessment by The Energy
Resource Institute (TERI), Ministry of New & Renewable Energy (MNRE), Government
January 2013
Kaya Kalp recognized as Best Hotel Spa by CondeNast Traveler, India December 2012
ITC Hotels - The Standout Winner for Sustainability , Global Vision Awards -October
2012
ITC Sonar awarded with Responsible Tourism Award for being best in resource
efficiency by Wild Asia Tourism, Singapore - October 2012
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Balance Sheet
EIH
TAJ HOTELS
ITDC
Mar
Mar
Mar
Mar
Mar
2012
2012
2012
2012
2012
1100.21
200.20
0.00
0.00
940.22
0.00
2240.43
0.08
0.00
0.08
2240.51
72.34
72.34
0.00
0.00
2,975.29
0.00
3,047.63
1,598.02
168.45
1,766.47
4,814.10
78.59
78.59
0.00
0.00
985.39
241.25
1,305.23
800.87
12.00
812.87
2,118.10
76.97
76.97
0.00
0.00
118.81
0.00
195.78
24.69
0.00
24.69
220.47
55.49
55.49
0.00
0.00
87.11
0.75
143.35
21.51
0.00
21.51
164.86
Mar
Mar
Mar
Mar
Mar
2012
2012
2012
2012
2012
2062.40
711.17
1351.23
422.14
2,362.23
776.83
1,585.40
215.10
1,726.87
390.63
1,336.24
425.16
422.15
63.97
358.18
51.22
290.24
88.70
201.54
91.82
Hotel
Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities
Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
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Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets
684.20
11.87
121.05
97.96
231.88
56.80
7.00
871.68
0.00
591.30
112.45
700.75
16.93
0.00
2240.50
2,026.88
38.91
101.70
21.81
162.42
1,486.23
1.63
1,650.28
0.00
510.89
153.40
664.29
985.99
0.73
4,814.10
358.81
33.26
114.37
22.48
170.11
231.02
3.94
405.07
0.00
315.23
93.68
408.91
-3.84
1.73
2,118.10
0.64
5.24
484.17
31.97
521.38
73.53
0.00
594.91
0.00
753.95
30.53
784.48
-189.57
0.00
220.47
0.72
9.40
11.98
6.58
27.96
44.81
0.14
72.91
0.00
162.68
39.45
202.13
-129.22
0.00
164.86
Contingent Liabilities
Book Value (Rs)
240.04
740.27
1,034.20
42.13
381.05
27.08
0.00
25.44
17.73
25.70
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Industry Profile
INDUSTRY PROFILE
The hotel industry that exists today can be traced back to 3000 B.C. where the earliest inns were
homes with rooms provided for travelers. Conditions improved in 1700s England when the
renaissance sparked the desire to travel. The United States saw its hotel industry created a
century later. By this time they had revolutionized many firsts in the industry including private
rooms with locks and doors, free soap, a trained staff, and a pitcher of water in each room.
Indoor plumbing and the creation of the lobby followed shortly thereafter. The business of
providing strangers with hospitable means has come a long way. What once was a service to
fellow man is now the foundation numerous economies throughout the world.
The modern era of the hotel industry saw its beginnings in 1794 New York where the first ever
hotel was built. Profit potential was recognized with the inception of the industrial revolution.
Stock companies invested in hotels seeking profit from property value appreciation and room
occupancy revenue. Surrounding communities were promised increase in sales by means of
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higher volume of people passing through., the industry creates a multitude of opportunities that
now saturate the industry in the form of spin-offs of these top four hotel companies creating the
most common chains we know of today. History has proven that the success of this industry has
largely to do with two factors, location and innovative integration, the combination of these two
has created a margin between the larger chains and those who operate on a smaller scale. Soap
and locks on doors were the innovation for their day. Strategic placement and product
differentiation once again guide the success of this industry.
The word hotel is derived from the French hotel (coming from hate meaning host), which
referred to a French version of a townhouse or any other building seeing frequent visitors, rather
than a place offering accommodation. A hotel is an establishment that provides paid lodging on a
short-term basis.
The provision of basic accommodation, in times past, consisting only of a room with a bed, a
cupboard, a small table and a washstand has largely been replaced by rooms with modern
facilities, including en-suite bathrooms and air conditioning or climate control. Additional
common features found in hotel rooms are a telephone, an alarm clock, a television, and Internet
connectivity; snack foods and drinks may be supplied in a mini-bar, and facilities for making hot
drinks. Larger hotels may provide a number of additional guest facilities such as a restaurant, a
swimming pool or childcare, and have conference and social function services. Some hotels offer
meals as part of a room and board arrangement.
Hotel Industry in India has witnessed tremendous boom in recent years. Hotel Industry is
inextricably linked to the tourism industry and the Growth in the Indian tourism industry has
fuelled the growth of Indian Hotel industry. The thriving economy and increased business
Opportunities in India have acted as a boon for Indian hotel industry. The Arrival of low cost
airlines and the associated price wars have given domestic tourists a host of options.
The 'Incredible India' destination campaign and the recently launched 'Atithi Devo Bhavah'
(ADB) campaign have also helped in the growth of domestic and international tourism and
consequently the hotel industry. According to a report, Hotel Industry in India currently has
supply of 110,000 rooms and there is a shortage of 150,000 rooms fuelling hotel room rates
across India. According to estimates demand is going to exceed supply by at least 100% over the
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next 2 years. The future scenario of Indian hotel industry looks extremely rosy. It is expected that
the budget and mid-market hotel segment will witness huge growth and expansion while the
luxury segment will continue to perform extremely well over the next few years.
The Indian hospitality industry is projected to grow at a rate of 8.8% between 2007-16, placing
India as the second-fastest growing tourism market in the world. Initiatives like massive
investment in hotel infrastructure and open sky policies made by the government are all aimed at
propelling growth in the hospitality sector.
The hotel and restaurant industry of India was Rs. 658.89 billion during 2007-08. Travel
& Tourism Industry of India was valued at US$35.73 billion in 2007, contributing 3.56% to
Indias GDP. The number of foreign tourists arriving to India reached 5.08 million compared
with 4.45 million in the year 2006, showing growth of 14.16%. Indias share in international
tourist arrivals at global level gradually improved from 0.46% in 2004 to 0.49% in 2005 and
further to 0.52% in 2006 and 0.56% in 2007.
Hotels in India are broadly classified into 7 categories (five star deluxe, five-star, four star, three
star, two star, and one-star and heritage hotels) by the Ministry of Tourism, Government of India,
based on the general features and facilities offered. The ratings are reviewed every five years. As
of December 2012 (latest available figure) there are following number and category of hotels.
Star
5-Star
5-Star
4-Star
3-Star
2-Star
1-Star
Heritage
To be Classified
Total
Category
Deluxe
No of Hotels
82
92
132
704
587
212
83
50
1934
No of Rooms
18764
11332
9401
31039
19031
695
2216
5127
103973
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market foreign leisure travelers and offer a high quality and range of services. The segment
accounted for 29per cent of the total hotel rooms in the country in December 2005.
GOVERNMENT POLICIES
Tourism being a concurrent subject under the Indian constitution, both the central and state
governments regulates the hotel industry. The regulations include statutory and regulatory
sanctions (or approvals and licenses) from the Central and State departments or agencies. This
includes license to operate a restaurant, a hotel license (issued by municipal authorities), license
from police (issued by local police) and a bar license (issued by excise department).
Tourism Policy
In order to develop tourism in India in a systematic manner, position it as a major engine of
economic growth and to harness its direct and multiplier effects for employment and poverty
eradication in an environmentally sustainable manner, the National Tourism Policy was
formulated in the year 2002. Broadly, the Policy attempts to:
Position tourism as a major engine of economic growth
Harness the direct and multiplier effects of tourism for employment generation, economic
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CHAPTER 2
ORGANISATIONAL STRUCTURE
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ORGANISATIONAL DESIGN
Organizing, the process of structuring human and physical resources in order to
accomplish organizational objectives, involves dividing tasks into jobs, specifying the
appropriate department for each job, deter-mining the optimum number of jobs in each
department, and dele-gating authority within and among departments. One of the most critical
challenges facing lodging managers today is the development of a responsive organizational
structure that is committed to quality.
1. The framework of jobs and departments that make up any organization must be directed
toward achieving the organizations objectives. In other words, the structure of a lodging
business must be consistent with its strategy.
2. Managers give structure to a hotel and lodging through job specialization, organization, and
establishment of patterns of authority and span of control.
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General Manager
Executive assistant
manager
Human
resourse
Accountin
g
Rooms division
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Marketing &
sales
Reservations
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Engineering
Convention
services
Purchasin
g
Food &
beverage
s
House
keeping
Front
office
Food
productio
n
Restaurants
Securit
y
Bars
Uniform
ed
service
Catering
CHAPTER 3
FUNCTIONAL DEPARTMENTS
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Telephon
e
Room
service
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the hotel regarding the performance of their respective departments. These departments are subdivided into various other smaller organizational units. These sub-divisions represent refinement
of the work performed and the knowledge and the skills of the people in each subunit. As
organizations grow large in respect of its size and operations it carries out most hotels tend to
segment its operations to various departments with food preparation and food servicing as
separate entities. Since preparing food and serving it to the guest are usually of two different arts;
both the processes are done through different and separate works. Thus forming departments
along functional line is the most common method in a hotel organization. The department
engaged in the preparation of food is called as Production Department while the division
involved in the art of serving the prepared food to the guests in an eye-catchy and sumptuous
manner is known as the Servicing Department.
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service etc. Apart from that they have Utility services (Cleaning). A food and beverage
department in a hotel is usually guided by an F&B Director followed by an F& B manager. A
Food and Beverage Manager in a hotel should always be ready to undertake a variety tasks each
and every day. Some of the main important functions endowed on this specific department in a
hotel include,
Provide the highest quality in food, beverage and service in all the food and beverage outlets
inside the hotels
Provide all guests with the highest quality of food and beverage experience by working as a team
with all the food and beverage outlets ensuring prompt,
courteous, and professional services resulting in increasing employee morale and decreasing
employee turnover rates
Maintain existing programs and develop new programs ensuring the highest quality of food,
beverage and service offered. Arrange daily talks with staff and managers, reviewing plate-ups in
different outlets
Maintain a high quality hotel image through effective housekeeping and sanitation in the F&B
operations
Meet all the needs and the expectations of the guest by ensuring proper service standards,
providing quality food and beverages, and managing all aspects of operation, resulting in an
increasing Guest Satisfaction Index (GSI) and decreasing guest complaints)
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Seek profitability in all the F&B outlets by decreasing the operational costs and by increasing the
sales volumes of different menus and beverage items.
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internal problems. She/he co-ordinates staffing of mail and information and reservation clerks
with their supervisors. The AM-front office should also be adept in dealing with problems arising
from guests complaints and reservation and room assignment activities. He should also be
responsible for any miscellaneous duties assigned by the front office manager. Another important
position at the front desk of the hotel is done by the reception assistant. The friendly welcome
given by the receptionist to a guest changes an impersonal hotel building in to a friendly and
homely place and his unfriendly, hostile and indifferent attitude may convert the guests
experience in to an unpleasant and uncomfortable stay. If the front office is the hub of the
hotel then the receptionist can be aptly called as the person who keeps the hotel world moving.
The reception assistant should be well informed of daily room availability status, and also he
should have detailed information regarding arrivals, their room requirements and expected
departures of the guests. The position of the reservation assistant is also important at the frontoffice department of the hotel since the hotels good image can be maintained among the
Guests only if all the needs of the guests are taken care of, especially the guests requirements in
terms of his lodging. The main function of the reservation assistant is to handle all the
reservations courteously and promptly over telephone, by e-mail, fax etc. He should make proper
updating in the reservation register and records in order to have updated inventory of room
availability. The reservation assistant may also carry out amendments and cancellations
intelligently and accurately. To keep the availability status chart updated. Checkout reservation
stationary and keep a satisfactory par stock of the same. Type out advance reservation slips and
maintains reservation racks and correspondence files and in case of computers updates
information in computers.
DESK CONTROL
SUPERVISOR SUPERVISOR
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PUBLIC AREA
SUPERVISOR
HORTICULTURIS
TRAILOR
NIGHT SUPERVISOR
HEAD GARDENER
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gardening division of the hotel. The person who is made in charge of the entire operations being
performed in this specific department is Housekeeping Executive. The Executive Housekeeper is
responsible for the total cleanliness and the, maintenance and the aesthetic upkeep of the hotel.
This end is achieved with the resources made available to his/her of manpower, materials,
machines, money, space and time. The position of the Executive Housekeeper is considered to be
one of the most important positions in the hotels since it carries tremendous responsibility for the
proper cleanliness and the aesthetic fabric of facilities in order that they are sanitary, desirable
and in saleable condition.
F & B MANAGER
Asst. F & B MANAGER
Restaurant manager
Room manager
Banquet manager
Caption
Order caption
Sr. caption
Steward
Caption
Caption
Bar manager
The good Housekeeper, because of the need taco-operate with many other department heads,
must possess a high degree of tactics well as good organizing ability. The Assistant Housekeeper
is the deputy to the Executive Housekeeper of a hotel. His/her manages the resources given by
the executive housekeeper to achieve the common objectives of cleanliness, maintenance and
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Employee relations
Policy formulation
As accompany and the requirements of a position evolve, a company needs to take certain
measures to ensure that the highly skilled workforce is in place. It is actually the responsibility of
the HR department to oversee the skills development of the companys workforce. After
formulating the requirements criteria to fill up a vacant post in the organization, the HR
department of the company will call for application for the specific post from the eligible
candidates by way of advertising on news papers, televisions, mobile phones etc. Employee
compensation packages also come under the prerogative of the HR department. This covers
salaries, bonuses, vacation pay, sick leave pay, Workers' Compensation, and insurance policies
such as medical, dental, life.
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with department managers on the formulation of these policies and regulations to ensure a
cohesive organization.
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To train about a specific topic several benefits can be reaped out of rendering proper
training programmes.
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FINANCE DEPARTMENT
A hotels accounting department is keeping track of the many business transactions that occur in
the hotel. The accounting department does more than simply keep the books. Financial
management is perhaps a more appropriate description of what the accounting department does.
Whereas the control department is concerned with cost control guidelines by way of reducing in
investment, reduction in operating cost, control of food service cost, control of beverage cost,
labor cost control etc. In most hotels the person in charge of the finance department of the hotel
is called the Chief Financial Officer. Usually he is addresses by the short-form of his designation
as CFO. In most major hotels, the CFO or Finance Controller/Manager ranks among the top two
or three decision makers in the hotel hierarchy. No organization can survive without a very
strong financial vigor. The finance controller is responsible for presenting a Financial and
budgetary programs which can strengthen managements control of hotels operating expenses
and help determine the profitability of the property. Specifically forecasting gives owners a
projected level of sales, while budget alert owners and operators alike to significant expenditures
that are on the horizon or predictable shortfalls in revenues. Used together, forecast and budgets
can provide a bench-Mark for sales intensive programs, executive-compensation bonuses,
incentive based management fees and capital expenditure. The administration and department of
accounting and finance coordinate management and staff functions. This includes extensive
contact with our shareholders, other partners. The department of accounting and finance is
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responsible for accounting, payroll, budgets and cash flow management. The department of
Information Technology (IT) is also managed by the Finance department in most hotels.
The following shown chart is the common hierarchy of the positions in the Finance Department
in 5 star hotels. But it cannot be guaranteed that the same structure is followed by all the 5 star
hotels. It may depend upon the size and the scale of operations of the respective hotels.
The Accounting Division monitors the financial activities of the property. Some of the activities
that are undertaken in the Accounting Division are listed below:
a) Pays outstanding invoices
b) Distributes unpaid statements
c) Collects amounts owed
d) Processes payroll
e) Accumulates operating data
f) Compiles financial reports
g) Makes bank deposits
h) Secures cash loans
i) Performs other control and processing functions
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PURCHASING
MANAGER GENERAL
CONTROLLER FINANCE
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LEDGER ASST.
FINANCIAL
&
PAYABLE INCOME AUDITOR COST CONTROL CREDIT SUPERVISOR
A/R
CLERK
F&B
CONTROLLER NIGHT
AUDITOR CASHIER
SUPERVISOR
Marketing and sales division can be varied with the size, type, and budget of the hotel to hotel.
Small hotel only have one person who is handling all the sales activities related to the hotel
business. But large hotel have organized sales and marketing division with no of key personnel.
A sales department is particularly very essential in large hotels and those with convention and
banquet facilities. The General manger participates actively in this area for and basic reason.
First sales and their development is a long-range activity of the hotel and the second sales policy
of the hotel interwoven with the image of the hotel has in the eyes of public and GM wishes to
enhance that images. This department may have Sales. Manager who assists the GM on sales
calls. The GM and Sales Manager prepare a budget for the year sale of rooms and the conference
hall. They try and achieve the budget by the end of the year. This is done with a lot of planning
and research. This would be achieved by a contract with one or more travel agents in and outside
the town. And for selling the conference hall the sales team should contact various companies
and other business firms. The main function of this department is to increase the sales volumes
of the different services offered in the hotel, be in terms of rooms, food, beverages, clubs,
restaurants, spa etc. Usually the tools adopted by the department to make the guests accustomed
to different services and offerings in the hotels
(1) Correspondence
(2) Personal contact
(3) mailings (4) Fax etc.
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Purchase Department
While operating a hotel is supposed to be a difficult task, managing the entire procurement
process (for such a unit) is even more so. The purchase department handles the task of
procurement yet all departments play a crucial role in it. That said technology ensures that interdepartmental activities takes place flawlessly. Although purchase has now become dependent on
technology for managing inventories and order status, it was originally a manual job. From
selection of products to deciding on a vendor, this department rests on the human ability of In
most modern hotels, the installation and service of elevator systems is generally the province of
the elevator manufacturer, and hotels typically have extended maintenance agreements for the
elevators. Most engineering departments, however, closely monitor the operation of the elevator
systems. In modern high-rise hotels with high speed elevator service, the slightest problem with
that service should be quickly and easily identified and reported to the contractors. It is generally
the responsibility of the engineering department to monitor these services and their contracts
closely and carefully.
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Security Department
The security of guests, employees, personal property and the hotel itself is an overriding concern
for todays hoteliers. In the past, most security precautions concentrated on the prevention of
theft from guests and the hotel. However, today such violent crimes as murder and rape have
become a problem for some hotels. Unfortunately, crime rates in most majors cities are rising.
Hence today security department also concentrate on these additional criminal activities too. The
main position in the security department is of the Assistant Security Manager. The department
includes the fire and safety officer and the duty guards. The primary function of the security
department is to provide property surveillance and protection to the guest. The latter is more
important for the security department. In the hotel there are two variants of security staff working
round the clock indifferent shifts. First is the direct security staff of the hotel working in three
different shift of 8 hour duration? Considering flawless security to the guests, all the guest rooms
of the hotel are installed with spring glass and smoke detectors and automatic alarm
system. There is a central security office working inside the hotel with all the modern fire
Fighting equipments such as fire extinguishers, dry powder, and other fire dousing facilities. As a
part of the security provision both to the hotels property and the guests the entire geographical
area of the hotel is divided in to 3 portions such as Beach Viewpoint, Tide point and the Club
these three points are all together known as the assembly point . The most common methods
adopted by the fire and safety wing of the hotel (it came under the security department) are liquid
carbon dioxide, dry powder etc. The security control post of the hotel will be functioning on 24 x
7with office secretary, night and day supervisor, and security officer. The security setup at the
hotel is faultless since the hotel cannot compromise on the safety of its valuable guests. All the
activities of the security department is controlled and supervised by the main security officer. He
is also responsible for conducting training programmes on security and fire fighting to the
security staff of the hotel.
CHIEF SECURITY OFFICER
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SECURITY SUPERVISOR
DOORMAN
GUARDS
SECURITY
Reservation
Receive and process reservation requests for future overnight accommodations.
With technology development, the Reservation Department can, on real time, access the
number and types of rooms available, various room rates, and furnishings, along with the various
facilities existing in the hotel
There should be close relation-ships with Sales and Marketing Division concerning Large
Group Reservations
Uniformed Services
Bell Attendants: Ensure baggage service between the lobby area and guestrooms
Door Attendants: Ensure baggage service and traffic control at hotel entrance
Valet Parking Attendants: Ensure parking services for guests automobiles
Transportation Personnel: Ensure transportation services for guests from and to the hotel
Concierge: Assists guests by making restaurant reservations, arranging for transportation,
and getting tickets for theater, sporting, or any other special events
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Telephone Department
Answers and distributes calls to the appropriate extensions, whether guest, employee, or
management extensions
Places wake-up calls
Monitors automated systems
Coordinates emergency communications
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CHAPTER 4
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MCKINSEYS 7s MODEL
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Peters and Waterman, and was taken up as a basic tool by the Global Management Consultancy
McKinseys: its sometimes known as the McKinseys 7s model.
Managers need to take the account of all seven of the factors to be sure of successful
implementation of a strategy-large or small. They are all interdependent, so if fails to pay proper
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attention to one of them, it can bring the other crashing down. To better represent the challenges
of Service Marketing McKinsey developed a new framework for analyzing and improving
organizational effectiveness, the 7s model:
Softs:
The 4Ss across the bottom of the model are less tangible, more cultural in nature, and were
termed Soft Ss by Mckinsey;
Skill: The capabilities and competencies that exist within the company.
Shared Valued: The values and beliefs of the company, ultimately they guide employees
Staff: The Companys people resources and how they are developed, trained and
motivated.
Style: The leadership approach of too management and the companys overall operating
approach.
The 3Ss across the top of the model are described as Hard Ss:-
Strategy: The direction and scope of the company over the long term.
Structure: The basic structure of the organization, its department, reporting lines, areas of
expertise and responsibility (and how they inter-relate) system. The formal and informal
procedure that govern everyday activity, covering everything from the Management Information
system, through to the systems at the point of contact with the customer (retail systems, call
centre systems, online systems etc.).
carried our effectively in either one of the department or in the entire organization as a whole.
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1. STRUCTURE:
Organization structure gives concrete shape to the organization. The structure specifies
division of work activities and shows how different functions or activities are linked. It also
indicates the organizations hierarchy and authority structure, and shows its reporting
relationship. It provides the stability and continuity that allow the organization to survive the
comings and goings of individuals and to coordinate its dealings with the environment.
Pascal and Athos in their book. The Art of Japanese Management says. Organization
structure emphasizes that the quality of management depends on the goodness of which amongst
all those key managerial dimensions.
information flow.
2. SKILL
Skills refer to the fact that employers have the skills needed to carry out the company strategy.
Training and Development ensuring the people to know how to do their jobs and says to update
latest techniques. People in an organization need various skills such as managerial, , science, etc.
In the organizational content people also need business skills, such as marketing, finance and
planning etc.
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Conceptual Skills
Waterman considers skills as one of the most crucial attributes of an organization. The term
skills include those characteristics which most people use to describe a company.
Fortune select trinity, has also shown its capacity in handling cxpenditure of high
magnitude.
3. STYLE:
The organization adopts both top-down as well as bottom-up approach in various situations:
As in the case of making major decisions lie policies, procedures discipline etc. are taken by the
top management.
The strategy, which is to be adopted by the company to achieve the goals and objects.
Here the middle level management will prepare the memorandum, in consultation with
production department and all related departments and is approved by the top management so,
here the bottom-up approach is adopted.
The organization follows the participative style of leadership. This can be said so, because each
and every employee of the organization are allowed to give their view points with any area of
operations.
The employees who give good ideas which prove to be acceptable and service to toe company as
well as the employees will be awarded. This also makes employees to feel good working.
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4. STRATEGY:
Strategy is referred as a pattern, in a stream of decision and actions. This pattern of decision or
action is aimed at achieving the goals and objectives of the company.
Fortune select trinity is committed to become a world class organization that can translate
Budgetary Control:
Planning is the basis of managerial function. It helps in determining the course of action to be
followed for achieving organizational goals. Control is the process of checking whether the
plans are being adhered to or not, keeping a record of progress, comparing it with the plans and
then taking corrective actions for future if there is any deviation. Every business enterprise
needs the use of control techniques for serving in the highly competitive and changing economic
world. There are various control devices in use. Budgets are the most important tool for profit
planning and control.
Budgetary control is the process of determining various budgeted figures for the enterprise for
the future period and then comparing the budgeted figures with the actual performance for
calculating various, if any. First of all budgets are prepared and then actual results are recorded.
The comparison of budgets and actual figure will enable the management to find at discrepancies
and take remedial measures at a proper time. The budgetary control is a continuous process,
which helps in planning and co-ordination. It provides a method of control is the end results.
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5. SYSTEM:
The procedures, processes and routines that characterize how important work is to be done:
financial systems; hiring , promotions and performance appraisal systems; information systems,
The finance department. In the finance department, the employees will have the record of
various lists of vendors their details payment,
6. STAFF:
Staff of human resource of an organization in referred as an important asset. So the person to be
selected for this should be carefully selected and appointed airtight place at right time. Various
positions in the company require differing contribution and this has the implication that different
people are needed to fit their various roles. Certain positions require people with special skills
other requires special knowledge and also different of personalities.
Staffing is the process of acquiring human resources for the organization and assuring
that they have the potential to contribution to the achievement of the organizations goals.
The staff includes the board, headed by the chairman, who is the director and companys
senior officers.
SWOT ANALYSIS
STRENGTHS
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ITC is a very strong and established brand name all over the world. It has a base of loyal
customers at local level as well as at international level. It has one of the biggest
international booking structures. Whatever the situation and scenario may be, corporate
and government agencies always prefer for their functions, seminars, and lodging their
guest and customers. ITC Guest Rewards program is the worlds largest and most
preferred frequent guest program and is strength for customer retention.
Natural and cultural diversity: India has a rich cultural heritage. The "unity in
diversity" tag attracts most tourists. The coastlines, sunny beaches, backwaters of
Kerala,
snow-capped
Himalayas
and
the
quiescent
lakes
are
incredible.
Demand-supply gap: Indian hotel industry is facing a mismatch between the demand
and supply of rooms leading to higher room rates and occupancy levels. With the
privilege of hosting Commonwealth Games there is more demand of rooms in five
star hotels. This has led to the rapid expansion of the sector
Government support: The government has realized the importance of tourism and
has proposed a budget of Rs. 540 crore for the development of the industry. The
priority is being given to the development of the infrastructure and of new tourist
destinations and circuits. The Department of Tourism (DOT) has already started the
"Incredible
India"
campaign
for
the
promotion
of
tourism
in
India.
Increase in the market share: India's share in international tourism and hospitality
market is expected to increase over the long-term. New budget and star hotels are
being established. foreign hospitality players are heading towards Indian markets.
WEAKNESSES
Poor support infrastructure: Though the government is taking necessary steps,
many more things need to be done to improve the infrastructure. In 2013, the total
expenditure made in this regard was US $150 billion in China compared to US$ 21
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billion
in
India.
Susceptible to political events: The internal security scenario and social unrest also
hamper the foreign tourist arrival rates. The lack of adequate recognition for the
tourism industry has been hampering its growth prospects. Whatever steps are being
taken by the government are implemented at a slower pace.
OPPORTUNITIES
ITC has the opportunity to retain its customers by providing good quality food, as food
quality is not up to mark.
In light of post 11 September, foreign delegations and missions are bound to come to the
federal capital, which opens an opportunity for ITC to attract new business.
Rising income: Owing to the rise in income levels, Indians have more spare money to
spend,
which
is
expected
to
enhance
leisure
tourism.
Open sky benefits: With the open sky policy, the travel and tourism industry has seen an
increase in business. Increased airline activity has stimulated demand and has helped
improve
the
infrastructure.
THREATS
Emergence of new competition in form of new hotels: Food Street poses a threat for
their restaurant business. Government policies and economic recession can adversely
affect their business.
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Increasing competition: Several international majors like the Four Seasons, Shangri-La
and Aman Resorts are entering the Indian markets. Two other groups - the Carlson Group
and the Marriott chain - are also looking forward to join this race. This will increase the
competition for the existing Indian hotel majors.
CHAPTER-5
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SUMMARY
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Hotel should consider local restaurants as their competitors too and try to attract people
visiting these restaurants as well.
As they are constructing new halls and restaurants, they must consider their pricing
strategy to attract new customers and provide them better quality food at competitive
rates.
According to a report by HVS and The World Travel and Tourism Council, the
travel industry in India is expected to reach 1,747 million travellers by 2021,
which will require 1,88,500 additional hotel rooms. Mid-market hotels will be
the driving force because they usually have more rooms per hotel than a five
star or luxury hotel and can be built faster and more cost-effectively in
multiple micro-markets as well as in most tier I, II and III cities . So Fortune
Trinity can focus on building more budget hotels
They should issue News Letter to let its customers know what are their future plans.
Their existing policy emphasizes on existing customers. They should broaden their
customer base.
LEARNING EXPERIENCE
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I could also found that the company is growing in faster rate, which is mainly due to good
relation between the employees. Thus i could learn the relevance of team building in an
organization. helped me to build my soft skills like meeting a deadline time management.
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Team work & networking with fellow employees also helped me to understand the corporate
culture & experience in a better way.
I am happy that the employees in the company work like one big huge family. I also learnt
how to work in a fast environment. The training has also given me an invaluable understanding
of the internal business & culture that could never be attained through theory.
CONCLUSION
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Tourism is a phenomenon, which has now become a powerful in its own right. It
has now become a vital part in any countrys economy. This is by virtue of the
being the highest foreign exchange earner and an employment in time industry.
The hotel is undergoing a tremendous change regarding management, which
prefers analyzing innovative thinking in the administration of the hotel.
India today has a very strong computerized system making the work easy.
Budget hotels cater to the needs of the budget conscious travelers
Lot of private airlines is coming up with open off polices of government of
India.
ITC is renowned because of its excellence in providing customer satisfaction.
They were enjoying the status of market leadership rather monopoly since their
existence,. ITC should work to cope with this competition. Whatever the
conditions will be, ITC loyal and permanent customers will always prefer them.
As is not up to the expectations so far, therefore, It has an opportunity to maintain
and improve their quality service and retain their customers. It never
compromises on quality.
ITC is aware of the fact that hospitality industry exists in rapidly changing
environment, where new products and innovations are introduced quite
frequently. It is one of the biggest names in the industry and they always keep
abreast of their competitors. It relies on its international brand name and is quite
BIBLIOGRAPHY
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Books
Stephen covery (1994), The Seven Habits of Highly Effective People (6 thEdition ), Simon &
Schuster UK Ltd.
The information provided in this project is collected from various sources like;
www.wikipedia.com
Itc website(www.itcportal.com)
Ashok website(www.ashokhotels.com)
www.Scribd.com
www.Wikipedia.org
India Today magazines
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