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
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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