Hospitality Financial Leadership – Financial Statement Analysis and Your Hotel Career

If you google the words “financial statement analysis,” you will get a long list of definitions like this one by Wikipedia: “Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company’s financial statements to make better economic decisions. These statements include the income statement, balance sheet, statement of cash flows,...

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Hospitality Financial Leadership – A White Paper on a 6-Month Client Workshop and Coaching Engagement – Part 2 of 3

The following is an overview of a six-month financial leadership project that I recently completed at a full-service hotel. The project consisted of six half-day hospitality financial leadership workshops delivered in-house and monthly 1-1 leadership coaching appointments with the 15 managers assigned to the program. Each month of the project we completed a group workshop...

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