A new school of thought is stressing on the fact that CEO hopefuls must try their hands in human resources at some stage of their careers. It strengthens their competencies and they can gauge others’ better in turn. It prepares them for corporate strategy as they get involved in planning for development. Talent acquisition has become so critical and these aspirants will then get a hands-on experience at the same. Succession planning for the future must be done by the top management rather than at department levels. In order to succeed at implementing business innovation, organization development is crucial and the future CEO needs to realize this.

Business research conducted by the regional tourism network of Australia has thrown up a new approach which it wants to be undertaken. As per the corporate strategy of Australia Regional Tourism Network, federal, state and local governments must all together work on tourism policies. This will enable funding and investment desperately needed. It will be then able to cater to rising tourist inflow and demand in the regions plus creating tourism jobs. 

Management training always seeks to develop learning abilities among employees. Those who are successful at that share some common traits. They seek refurbishment of their own skills and even personality. They use their own experiences to the hilt. They make sure that the inhibitions they have do not overtly disrupt their ultimate motivations. They practice their art over and over again until they attain level of being immersed in the same. In addition, they seek to become resistant to gnawing criticisms or doubts. They remain open minded about corporate strategy and goals. However, they break up overall objectives into more achievable specific targets and execute them one by one. The greatest learners are known to be objective and evaluate all decisions within the given context. They enjoy challenges and do not give up when problems appear complex. Crucially, whatever they go through, they imbibe in a way that the learning stays forever.

Eleven people have been identified as trendsetters in the travel industry generating numerous tourism jobs and creating further avenues for travelers. Ruzwana Bashir has developed a digital suite at peek.com to explore unique travel packages and enable bookings along with other back end operations. The founder is an MBA with Fulbright scholarship. Robert Milk has founded NOVICA, which is an online, fair trade market place to promote art developed by local artists often working from home industries. Now nearly fifty thousand works of art get traded there. HarriKulovaara of Royal Caribbean cruises has initiated the construction of world’s largest, yet thrilling ships such as ‘Oasis of the Seas’ and ‘Allure of the Seas’. His smart-ship ‘Quantum of the Seas’ is fitted with an observation pod, virtual balconies and skydiving facilities. Number of tourism jobs have been generated by this. Using business analyticsADARA started by Layton Han, collects data and arranges for seat upgrade on flights. For the youth in the USA, bus travel seemed unfashionable until very recently when it has revamped thanks to the efforts of Dale Moser and his megabus.com which enables travel on double decker buses fitted with state-of-the-art facilities. Chris Lopinto’s expertflyer.com provides users with a virtual round-up on all inexpensive flights and the amenities expected. Zeke Adkins and Aaron Kirley have developed Luggage Forward which enables the transport of luggage across more than two hundred countries. Travis Kalanick has disrupted market dynamics by founding Uber which uses crowd-sourcing to organize cabs for travelers. Ed Kushins of Home Exchange has arranged for a website which helps travelers to seek rooms rented so they can reside locally at low prices. Geraldine Caplin of Hilton Worldwide has come up with this new tablet which allows travelers to check-in to hotels without the assistance of the reception counter. Even rooms at hotels worldwide can be unlocked using the smartphone or tablet post booking confirmation.

Customization for individual users is becoming critical in e-learning which is a very useful tool for those targeting an Executive MBA. Some tips have been suggested to boost personalization in e-learning. Personal content of users must be customizable. Users must have freedom in choosing their digital or remote devices. The learner must be addressed by name. Content must be streamed to the user. The language and content to be used for training must be inclusive in nature. Even the content viewing must include options such as audio, video or simply PDF. 

Scotland has developed a sustainable tourism plan which aims to discourage cars as mode of transport. Public transport is being promoted across the region, and smart phones are being tagged with all such route maps. Hiking is also being promoted as Scotland has some of the best possible sites for the same.Tourism consulting agencies state that a substantial percentage of tourists avoid public transport due to fear of getting lost but this trend needs to be downplayed as Scotland has some of the best public transport and most people stay within walking distance of a bus stand.

Source: http://www.forbes.com/sites/forrester/2016/07/29/insights-driven-business-are-stealing-your-customers/#5f55e148410a