Briefing: Finding your place in hospitality

Statistics from the Bureau of Labor Statistics show that 27% of baby boomers held 15 or more jobs throughout their working lives. Will the millennial career path look the same? Boston College Center found that 64% of the millennials have established career goals for themselves, and 58% would prefer to stay with one employer and advance internally.

Whatever the journey looks like it takes time to build a career and find the right role. These videos discuss the many ways to have a great career in hospitality:

So how are today’s up comers approaching their careers? Boston College’s research ‘How Millennials Navigate their Careers’ revealed new insight into their mind-set and suggest that millennials may have more traditional ambitions than often thought. The survey revealed that the top three approaches to job hunting by millennials was to be referred by a friend, to research potential employers, and to search for posting on a company website.

The survey suggest that today’s young candidates are self-aware with 94% agreeing or strongly agreeing that they knew the work skills they possessed. More than 84% knew what was important to them in their careers.

In terms of what they are looking for in a role, career growth opportunities, salary and benefits were most important. 44% agreed that it they tend to make career choices based on their own values and interests rather than the choices provided by my employer.

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Video clips produced by ybc.tv for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Developing career confidence, passion and leadership

In a survey by the National Association of Colleges and Employers, 77.8% of employers named both “leadership” and “the ability to work in a team structure” as key attributes they look for on a job application. According to a study by LinkedIn, more than half of the people surveyed feel more comfortable voicing their opinion at work now than when they first started their career.

Building confidence is an important part of career development. In these videos successful hospitality professionals discuss leadership and taking charge of your own career:

Leadership skills can be developed within a supportive working environment. A report by DDI found that 70 % of leaders say developmental assignments are most effective way to develop leadership. The Global Leadership Forecast 2014/2015 also suggests that not having enough time or opportunity holds people back from growing as a leader.

But attitudes to work are changing, people are building their own paths to success. In the LinkedIn New Norms @Work study a third of people said that if they were unhappy, leaving within a month would be ok. Interestingly the survey also found that the number of jobs professionals think looks good on a LinkedIn profile is 3. An unrelated survey from RecruitFi also looked in to attitudes around multiple jobs. This Millennial Outlook Survey found that 83% of millennials would change jobs to pursue their passions, even while acknowledging that it could look bad to prospective employers.

When people do decide to change their careers, according to a survey by Accountemps, two in five executives in the United States would turn to a spouse or significant other for advice first, with friends and mentors being turned to by 20% and 21% of people respectively.

Those starting a career may not have the confidence or experience to lay out a plan for their career, and may feel uncertainty about job prospects and security. Therefor opportunities to gain skills and step into an industry are appreciated. According to the Milkround Student and Graduate Career Confidence Survey Report 2015, 61.2% of student and graduates felt that “work experience or an internship” would make them feel more confident about their career prospects.

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do see here. It’s free.

Video clips produced by ybc.tv for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: Women at the top

Although women have always accounted for over 50% of the hospitality workforce, this has typically been disproportionately towards the bottom of the pyramid. Things are gradually improving with women being promoted into C level roles, but there is still plenty of work to do to address the gender gap. In this briefing we speak to three women who have built successful hospitality careers about what the industry can do to bring more diversity at the top.

Comment from:

  • Kathleen Matthews, Chief Communications & Public Affairs Officer, Marriott International Inc on why women are still disproportionately represented in the hospitality industry

  • Karen Friebe, Partner, Berwin Leighton Paisner LLP, on why women need more role models in the industry

  • Wolfgang Wienz, Senior Technical Specialist, Hotels, Catering & Tourism, International Labour Organization on whether the industry can overcome gender gaps

  • Elizabeth Winkle, Managing Director, STR Global on how women in the industry would benefit from mentor relationships

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do see here. It’s free.

Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

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