Sustaining Airline Profitability Strategic Management And Leadership

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Sustaining Airline Profitability. Strategic Management and Leadership

Author : Fu On Lui
Publisher : GRIN Verlag
Page : 26 pages
File Size : 53,5 Mb
Release : 2016-10-13
Category : Business & Economics
ISBN : 9783668319905

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Sustaining Airline Profitability. Strategic Management and Leadership by Fu On Lui Pdf

Essay from the year 2012 in the subject Business economics - Business Management, Corporate Governance, Northumbria University, course: Bachelor of Arts in Human Resources Management, language: English, abstract: The commercial airline is an extremely competitive, safety-sensitive, high technology service industry. People, employees and customers, not products and machines, must be an arena of organization's core competence. Sustaining airline profitability, ensuring safety and security, and developing adequate air transportation infrastructure are the important challenges to the airlines. In the following chapters, the strategic reasons that lead Singapore Airline (SIA) success will be discuss with strategic frameworks.

Cruising to Profits, Volume 1

Author : Ricardo Vincent Pilon
Publisher : Unknown
Page : 248 pages
File Size : 44,8 Mb
Release : 2014-02-10
Category : Airlines
ISBN : 099368890X

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Cruising to Profits, Volume 1 by Ricardo Vincent Pilon Pdf

In Cruising to Profits, Volume 1 - 2nd Edition, a very thought-provoking book, strategic airline business transformation and profitability expert Ricardo Vincent Pilon shares transformational strategies and tools he concludes would contribute to a fundamental shift in turning commercial aviation into a profitable business. Some radical, but necessarily drastic, views and methodologies are offered. The content is primarily based on his practical experience, his airline management and business consulting work, and also combines results from his work with academic involvement in airline economics as well as management science. The author introduces a three-pillar visionary business transformation and leadership framework entitled BeProFit (BPF), which redefines the role of commercial aviation. The book is an elaborate introduction to a possible evolution in commercial aviation and airline management and paves the way for Volume 2 - The Practical Guide. He further lays the foundation for H2 - Human Capital Profit Multiplier and S.T.A.R., two management tools that identify and enable leadership, as discussed in Volume 3 - The Human Capital Factor. Cruising to Profits offers valuable, actionable management tools so as to execute on the vision and include day-to-day operations towards commercial airline strategy formulation.

Cruising to Profits

Author : Ricardo V. Pilon,Kofi Sonokpon
Publisher : Unknown
Page : 250 pages
File Size : 43,6 Mb
Release : 2014-01
Category : Business & Economics
ISBN : 0981341586

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Cruising to Profits by Ricardo V. Pilon,Kofi Sonokpon Pdf

In Cruising to Profits, a very thought-provoking book, co-authors and airline strategy and profitability experts Ricardo Pilon and Kofi Sonokpon share transformational strategies and tools they conclude would contribute to a fundamental shift in turning commercial aviation into a profitable business. Some radical, but necessarily drastic, views and methodologies are offered. The content is primarily based on their practical airline management and business consulting experience, but also combines results from the authors' academic involvement in airline economics with management science. The authors introduce a three-pillar visionary leadership framework BeProFit-able (BPF) that redefines the role of commercial aviation. They further discuss the human element in profitability and advance T.A.L.E.N.T. and Vision Load Factor (VLF) instruments. Lastly, Cruising to Profits offers valuable, actionable management tools so as to execute on the vision and include day-to-day operations towards commercial airline strategy formulation. BeProFit-able (BPF) WHAT visionary leadership framework and management methodology it would take to turn commercial aviation into a profitable business and HOW to apply a unique combination of business model expertise with modern convergent governance. Vision Load Factor (VLF) WHY most airlines are consistently running well below their true potential and HOW to measure and deliver on an airline's vision load factor in a profitable manner. T.A.L.E.N.T. WHY even the most talented airline employees must meet the T.A.L.E.N.T. criteria before they can positively contribute to profitability and HOW to attract and retain true talents. First in a series of eye-opener work, Cruising to Profits is a must-read for those at the heart of senior airline management and those who take a close interest in the business.

Designing and Executing Strategy in Aviation Management

Author : Dr Triant G Flouris,Professor Sharon L Oswald
Publisher : Ashgate Publishing, Ltd.
Page : 216 pages
File Size : 55,6 Mb
Release : 2012-10-01
Category : Technology & Engineering
ISBN : 9781409463054

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Designing and Executing Strategy in Aviation Management by Dr Triant G Flouris,Professor Sharon L Oswald Pdf

Designing and Executing Strategy in Aviation Management is designed to provide an intensely practical guide to this critically important topic. Comprehensive in coverage and easy-to-read in style, it allows both professionals and students to understand the principles and practicalities of crafting and executing business strategies with an aviation context. The result is a comprehensive and multifaceted teaching/learning package, which includes applied case studies on a wide range of airlines and aviation businesses, setting out how these organizations deal with strategy formulation and implementation in critical areas. Topics covered include: corporate strategy, generic strategy, competitive strategy, internal and external environment assessment, mergers, alliances, safety and security. Written directly for both aviation professionals and student courses in aviation strategy, aviation management and aviation operations, it will also be of great interest to aviation professionals in a variety of different fields, including airlines, corporate aviation, consultancy, etc., as well as academics within the field of aviation and those within the field of strategy and management science.

Strategic Management in the Aviation Industry

Author : Herbert Baum,Stefan Auerbach
Publisher : Taylor & Francis
Page : 689 pages
File Size : 55,8 Mb
Release : 2017-07-05
Category : Transportation
ISBN : 9781351897686

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Strategic Management in the Aviation Industry by Herbert Baum,Stefan Auerbach Pdf

This book provides a comprehensive overview of current strategic challenges and measures required to meet those challenges in a dynamic industry. Experts from aviation practice and management, in addition to acknowledged scholars, contribute to this volume and combine academic expertise with economic and business perspectives in an unprecedented way for the aviation field. The focus is not restricted to passenger airlines. The five parts of the book additionally include chapters on alliance management and formation, strategic issues for air freight carriers and airport companies, as well as impacts the airline industry exerts on its environment. The book combines both concepts and results from recent academic research with applications and case studies from major industry players. Readership includes academics, students on advanced aviation courses, senior aviation professionals in airline, airport and supplier companies, international organizations and governmental agencies.

Enterprise-Wide Strategic Management

Author : David L. Rainey
Publisher : Cambridge University Press
Page : 526 pages
File Size : 44,8 Mb
Release : 2010
Category : Business & Economics
ISBN : 9780521769808

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Enterprise-Wide Strategic Management by David L. Rainey Pdf

A fresh, holistic approach to strategic management in the modern business environment.

Strategic Management

Author : A. Naga
Publisher : Vikas Publishing House
Page : 128 pages
File Size : 47,7 Mb
Release : 2024-07-01
Category : Business & Economics
ISBN : 9788125942672

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Strategic Management by A. Naga Pdf

In today’s world, ‘change’ is the only ‘constant’ factor. In the last few decades, there has been a radical change in how organizations function. To survive in this highly volatile environment, companies need a long-term strategic vision and thinking. In light of this, ‘strategic management’ has become a significant topic and is taught as the core subject in MBA/PGDM programmes in Indian universities and business schools. This is a book written in the context of the Indian business environment but with a global orientation. It is comprehensive and contemporary in its approach.

Critical Analysis of Corporate Culture and Corporate Social Responsibility as Sources of Global Competitive Advantage in the Airline Industry

Author : Lisa Guhl
Publisher : GRIN Verlag
Page : 82 pages
File Size : 55,6 Mb
Release : 2016-11-04
Category : Business & Economics
ISBN : 9783668334793

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Critical Analysis of Corporate Culture and Corporate Social Responsibility as Sources of Global Competitive Advantage in the Airline Industry by Lisa Guhl Pdf

Bachelor Thesis from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,5, University of applied sciences, Düsseldorf, language: English, abstract: Since globalization started companies have been looking for ways to compete successfully on a global scale. Trends in the global environment, such as worldwide sourcing models requiring the management of cultural differences, as well as rapid communication and technology innovation, are still challenging for many industries. The airline industry being itself a reason for an increasingly borderless world also faces these global trends and fierce competition. Numerous factors have caused a downward trend of profits in this industry. The first factor has been the deregulation process. Under regulation airlines could not compete on price. Therefore, differentiation was only possible by customer service or on-board entertainment. With the start of de-regulation most customers could not find much difference between the offerings of major airlines and became indifferent about which airline to choose. Airline tickets started to become a kind of commodity goods. So, although deregulation was thought to lead to lower entry barriers, decreasing concentration and competitive prices, practice turned out to be different: expansion and alliance strategies of leading airlines have increased concentration. Besides liberalization, other factors have been the economic slowdown in many countries, terrorism, and rising costs for fuel, labour, maintenance, and security. Also rising customer expectations e.g. regarding convenience, entertainment, innovation, and value for money require the airline industry to change dynamically. Moreover, airlines face demands for CSR and sustainable travel, including pollution control and reduction of noise and CO2 emissions. Competition from low-cost carriers also gains in importance since their share of global capacity increased to more than 25 % in 2013. So, even if demand for air transportation has grown by an average of 9 % per year since 1960, and global airline revenues reached a new high of US$708 billion in 2013, airlines need to find ways to stand global competition as their environment, as well as economic and social frameworks potentially endanger profits and economic survival.

International Strategic Management. The examples of Ryanair, Walt Disney, IKEA and others

Author : Laura Marie Greiser
Publisher : GRIN Verlag
Page : 32 pages
File Size : 54,7 Mb
Release : 2017-08-22
Category : Business & Economics
ISBN : 9783668508040

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International Strategic Management. The examples of Ryanair, Walt Disney, IKEA and others by Laura Marie Greiser Pdf

Document from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Business and Information Technology School - The Entrepreneurial University Iserlohn, language: English, abstract: Elaboration of Harvard Business Cases: Ryanair, Walt Disney Company and Pixar Inc., TAV, Aldi, Diageo, The Weather Company, IKEA

Sustainable Aviation

Author : Judith L. Walls,Andreas Wittmer
Publisher : Springer Nature
Page : 222 pages
File Size : 47,7 Mb
Release : 2022-02-24
Category : Business & Economics
ISBN : 9783030908959

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Sustainable Aviation by Judith L. Walls,Andreas Wittmer Pdf

This book analyses from a management perspective how the aviation industry can achieve a sustainability transformation in order to reach the Paris climate targets for 2050 and provides various strategic and operational recommendations in this regard. It examines various elements of the aviation system exhaustively, including technologies, consumers, airlines, airports and policies, from both short- and long-term standpoints. Specific questions and contradictions, as well as concrete options for taking action, are presented. It also includes numerous practical case studies, which will help practitioners transfer the concepts into their everyday work. The book is aimed at a broad, professional audience consisting of managers, politicians and regulators, but also at advanced students engaged in academic and professional education.

Airimagination

Author : Nawal K. Taneja
Publisher : Taylor & Francis
Page : 196 pages
File Size : 44,9 Mb
Release : 2022-09-29
Category : Transportation
ISBN : 9781000773637

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Airimagination by Nawal K. Taneja Pdf

Unprecedented social changes, accelerated by facilitating technologies and the COVID-19 pandemic, are calling for airlines to think deeply and non-conventionally on what will be important to existing and new travelers, as they change their lifestyles. New thinking requires airlines to extend the boundaries of their businesses to go beyond their traditional domains. This need goes beyond the renovation and iteration of conventional products to the transformation of products requiring new ideas and ways to scale them. Examples include the development of cost-effective urban air mobility, intermodal passenger transportation, door-to-door travel that is sustainable, and personalized offers. Airimagination: Extending the Airline Business Boundaries raises some thought-provoking questions and provides a direction for practical solutions. For example, what if airlines developed products and services that finally meet end-to-end needs of customers seamlessly by collaborating in the value-adding open ecosystems, using platforms that facilitate effective engagement with both "digital and nondigital" customers and employees in real time and at each touch point? Ironically, the current time is an advantage for some airlines as they already have had to deal with a deep and wide disruption caused by the pandemic, leading operations to start from ground zero. This book, the latest in a long and well-regarded series by Nawal K. Taneja, explores innovative best practices within the airline business world, complemented by numerous insightful perspectives contained in multiple forewords and thought leadership pieces. This book is aimed primarily at high-level practitioners within the airline industry and related businesses.

Strategic Management in Aviation

Author : Thomas C. Lawton
Publisher : Routledge
Page : 416 pages
File Size : 50,6 Mb
Release : 2017-05-15
Category : Transportation
ISBN : 9781351897709

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Strategic Management in Aviation by Thomas C. Lawton Pdf

This valuable volume reprints the most important and influential journal articles and papers on aviation management with an extensive introduction by the editor. The volume is designed to improve access to the journal literature for libraries expanding their collections and provide scholars with a convenient and authoritative reference source. Tom Lawton selects the best of the management literature in this area from the top journals as well as including harder-to-find articles in the wider strategic management literature. The volume will be essential reading for all scholars and students interested in aviation management issues as well as those working in the industry who want a snapshot of current thinking in the field.

Technological, Managerial and Organizational Core Competencies: Dynamic Innovation and Sustainable Development

Author : Nobre, Farley Simon
Publisher : IGI Global
Page : 731 pages
File Size : 42,6 Mb
Release : 2011-09-30
Category : Business & Economics
ISBN : 9781613501665

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Technological, Managerial and Organizational Core Competencies: Dynamic Innovation and Sustainable Development by Nobre, Farley Simon Pdf

Innovation involves a set of processes which support the production and transformation of knowledge into new processes, technologies and products, goods and services, and provide an organization with particular strengths and value relative to other firms. In such a view, innovation is a key source of customer benefits and sustainable competitive advantage. Technological, Managerial and Organizational Core Competencies: Dynamic Innovation and Sustainable Development investigates the impact of knowledge management, information systems, finance, organizational networks, internationalization, strategic management, marketing, entrepreneurship, and sustainability on an organization that pursues dynamic innovation and sustainable advantage. This book provides research and practice for graduate and undergraduate programs, as well as business firms with different technological, managerial, and organizational perspectives. Further Description from the Editors: This book represents the culmination of an international project to compile inter-disciplinary research that most contributes to innovation. More specifically, this book is about innovation in firms, industries, nations and society. It speaks to professionals and researchers who want to improve their understanding of dynamic innovation and sustainable development. The Editors’ goal is to foster cross-pollination among researchers. To this aim, the Editors have selected and assembled 35 chapters that illustrate multidisciplinary theoretical perspectives and empiric results on innovation and the roles of Sustainability, Organizational Networks, Entrepreneurship, Knowledge Management, R&D&T (Research, Development and Technology) Management, Marketing, Finance, Internationalization, and Information Systems in the organization that pursues dynamic innovation and sustainable development. Innovation involves processes, organizational elements (or resources), and Organizational Abilities (OA) that support the production and transformation of knowledge into new knowledge, processes, structures, technologies and products, goods and services. At the firm and industry levels of analysis, innovation can provide organizations with strengths relative to other firms, clusters, and nations and it is a key source of customer benefits and sustainable development. At the collective and societal levels of analysis, innovation can provide humanity with economic, social and environmental wealth through sustainable development. The uniqueness of this book lies in the participants’ efforts to identify Organizations' Creative Areas (OCA) that can provide core competencies for the organization in pursuit of dynamic innovation and sustainable development. In this perspective, innovation is a dynamic system and it is contingent upon a set of core competencies that couple to each other. Therefore, changing of even one competence can affect the organization's ability to innovate. The book avoids the term competitive advantage and adopts a more fruitful perspective of sustainable development – “the process of achieving human development … in an inclusive, connected, equitable, prudent, and secure manner”. An inclusive perspective sees traditional competitive advantage as occupying one extreme, whereas truly sustainable development occupies the opposite extreme. Sustainable development must benefit not only the organization and its customers, but also the whole society and the future of humanity through sustainability. Most chapters of this book fall between these extremes.

Managing Corporate Culture for International and Global Competitive Advantages in the Airline Industry

Author : Lisa Guhl
Publisher : GRIN Verlag
Page : 32 pages
File Size : 40,6 Mb
Release : 2016-11-24
Category : Business & Economics
ISBN : 9783668349483

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Managing Corporate Culture for International and Global Competitive Advantages in the Airline Industry by Lisa Guhl Pdf

Seminar paper from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of applied sciences, Düsseldorf, language: English, abstract: Ever since globalization has started companies have been looking for ways to compete successfully on a global scale. Trends in the global environment such as rapid communication, technology innovation, and global sourcing models requiring to manage cultural differences are still challenging for many industries (cp. Yip, 2003, pp. 1–3). The airline industry being itself a reason for an increasing borderless world also faces these global trends and high competition due to expansion, consolidation, concentration, and alliances. Terrorism and rising costs for fuel, labour, maintenance, and security have not been the only threats for the industry. Also rising customer expectations e.g. regarding comfort, entertainment, experience, convenience, innovation, personalization and value for money require the airline industry to change dynamically. Moreover, airlines face demands for pollution control, corporate social responsibility, and sustainable travel. Rising competition from low-cost carriers is also relevant since their share of global capacity increased to more than 25 % in 2013. So, even if demand for air transportation has grown by an average of 9 % per year since 1960, and global airline revenues reached a new high of US$708 billion in 2013, airlines need to find ways to stand international and global competition as their environment potentially endangers profits and economic survival (cp. Lynes & Dredge, 2006, pp. 122–129; PricewaterhouseCoopers, 2014, pp. 2–3).