The hospitality industry has opportunities to enhance productivity, and thereby improve the value-added its assets generate for owners, consumers, and other stakeholders. Our discussions will focus on identifying measurable indicators, analyzing those using established analytical methods, and interpreting the information generated to make informed decisions.
Who should attend?
This Masterclass would be most effective for department heads and GMs in hotels, small business owners, independent operators, or even those possibly in franchising or management contracts.
Key Learning Objectives:
- Assess factors that impact the value of your core business assets
- Evaluate and interpret sources, and varying impact on value of core business assets
- Compare business decisions based on their value creating abilities
- Construct a value monitoring system
- Compute and estimate asset values based on future expected benefits
- Apply most value creating business practices
17 – 18 October 2019, 9.00am – 5.30pm
15 hours (7.5 hours x 2 days)
Kindly refer to the CET Programme Calendar or contact our friendly course consultants for more information.
This Masterclass will be held as a combination of lectures, and hands-on throughout the 2 days. Participants will work with real time operational examples from their most recent experiences. Internet access in the room will be provided. Participants arerequired to bring along their laptop for the workshop.
Participants will receive a Certificate of Completion jointly awarded by SHATEC and Dr. Amit Sharma upon meeting the following criteria:
- achieve a minimum attendance of 75%
- prepare and submit a proposal on how they will apply and implement the knowledge acquired from the Masterclass to address a specific issue in the workplace
- Introduction and overview
- The value generating concept
- Value measures – operations
- Value measures – operations
- Value measures – Sources of value creation
- Value measures – Value and wealth creation
- Value today versus tomorrow
- Informed decision making and value creation
- Business ethics and value creation
- Future sustainable practices towards value maximization
|Dr. Amit Sharma
Professor of Hospitality Management / Finance
Pennsylvania State University
Dr. Sharma is the professor of hospitality finance in the School of Hospitality Management at the Pennsylvania State University, teaching finance and economics at the School of Hospitality Management. His interdisciplinary research focuses on Decision-Making and Cost-Benefit Analysis, as well as small business financing, particularly in food system contexts.
He has written many impactful publications with a global aspect in recent years, his works included themes on assessment of sector competitiveness, value chain analysis, among others.
Dr. Sharma is also the present President of International Association of Hospitality Financial Management Education (iAHFME).
|Company- Sponsored Singaporeans/ Singaporean PRs||Self- Sponsored Singaporeans/ Singaporean PRs||International|
|Full Course Fee (Before GST)||$1,800.00||$1,800.00||$1,800.00|
|Nett Course Fee (Before GST)||$540.00||$540.00||$1,800.00|
|7% GST on Nett Course Fee||$37.80||$37.80||$126.00|
|Total Nett Course Fee Payable，Including GST||$577.80||$577.80||$1,926.00|
|2,3,4Additional Funding if eligible for Mid-Career Enhanced Subsidy (MES)/Enhanced Training Support for SMEs||Companies may log-in to www.skillsconnect.gov.sg
For application of Additional MES, SME or WTS funding
|2,3,4Total Nett Course Fee Payable, Including GST, after MES ) /Enhanced Training Support for SMEs||$217.80||N.A.|
|2,3,5Additional Funding if eligible under Workfare Training Support (WTS)||$450.00||N.A.|
|2,3,5Total Nett Course Fee Payable, Including GST, after additional funding from WTS||$127.80||N.A.|
1Singaporeans and Singapore PRs who are aged above 21 years and above will be eligible for up to 70% SSG funding. Absentee payroll may be claimable as well.
2Companies need to log-in to www.skillsconnect.gov.sgfor application of all SSG funding and subsidy.
3All SSG funding and subsidy are subjected to SSG’s prevailing corporate policies and final approval. Companies and individuals are liable for the full course fee in the event that the SSG funding and subsidy are not approved.
4The SkillsFuture MES is for Singaporeans aged 40 years and above.
5WTS funding is for Singaporeans who are aged 35 years and above (or 13 years and above for Persons with Disabilities) earning a monthly income of not more than $2,000.