29.09.2012 Views

EHL Course Catalogue 2011-2012 - Ecole Hôtelière de Lausanne

EHL Course Catalogue 2011-2012 - Ecole Hôtelière de Lausanne

EHL Course Catalogue 2011-2012 - Ecole Hôtelière de Lausanne

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

8213IC – Human resources and financial metrics<br />

15 hours of contact – 1.5 US quarter credits – 1.5 ECTS credits<br />

� Summary<br />

How would it be possible to contribute to economic value creation through human resource functions<br />

in the hotel and restaurant businesses? In this unit the stu<strong>de</strong>nt will evaluate the relevance of<br />

different processes, mo<strong>de</strong>ls and tools associated with HR forecasting and that are aligned with<br />

organisational strategy. The stu<strong>de</strong>nt will elaborate a critical diagnosis of human resource <strong>de</strong>cisions<br />

and their impact on cash flow, risk, profitability, in or<strong>de</strong>r to ensure company sustainability and<br />

sharehol<strong>de</strong>r satisfaction.<br />

� Objective<br />

On successful completion of this unit, stu<strong>de</strong>nts will be able to analyse and evaluate Key HR<br />

Performance Indicators relevant to creating value for a company and to recommend contingent HR<br />

interventions aimed at satisfying owners/sharehol<strong>de</strong>rs‟ requirements.<br />

8214IC – Foodservice and performance<br />

10 hours of contact – 1 US quarter credit – 1 ECTS credit<br />

� Summary<br />

The unit is a part of the module on creating value for the company and <strong>de</strong>als with the business<br />

aspects relating to foodservice. The stu<strong>de</strong>nts will analyse the income statements of various<br />

foodservice enterprises and will propose strategies <strong>de</strong>signed to influence value creation.<br />

� Objective<br />

On completing the unit, the stu<strong>de</strong>nt will be able to propose operational interventions and<br />

measure their impact on value creation.<br />

8215IC – Lodging and performance<br />

10 hours of contact – 1 US quarter credit – 1 ECTS credit<br />

� Summary<br />

During this unit, stu<strong>de</strong>nts will be analyzing the performance of hotels through the Manager‟s Daily<br />

Report, operating budget, and income statement. Different operational <strong>de</strong>cisions based on past,<br />

current and projected results will be discussed and their impact on cash flow and NPV will be<br />

analyzed. Stu<strong>de</strong>nts will justify their analysis/<strong>de</strong>cisions in light of value creation for the establishment<br />

and for the owners/sharehol<strong>de</strong>rs.<br />

� Objective<br />

On successful completion of this unit, stu<strong>de</strong>nts will be able to quantify the outcome of their<br />

operational <strong>de</strong>cisions through relevant key performance indicators, measure their impact on the<br />

establishment‟s NPV, and assess whether they created (or <strong>de</strong>stroyed) value for the<br />

owners/sharehol<strong>de</strong>rs.<br />

<strong>Ecole</strong> <strong>Hôtelière</strong> <strong>de</strong> <strong>Lausanne</strong> – <strong>Course</strong> <strong>Catalogue</strong> Page | 28

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!