Why chaos is good in hotels (and what we learn from it)

In 1961, a meteorologist named Edward Lorenz was re-doing weather forecasts using standard mathematical formulas of the day. To save time, he rounded longer decimals to the nearest one thousandth — then went for a coffee and let the computer crunch the numbers. When he returned, a completely different set of weather predictions had been generated than what he had expected. This turned out to be a pioneering moment in chaos theory. It led to the notion of the “butterfly effect,” wherein tiny changes create vastly different outcomes.

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Want to be successful in hotels? Set fewer goals (yes, really)

Very few hoteliers — at least those of us in it for the long haul — will tell you the road is easy. The day-to-day is a never-ending stream of challenges, while the longer career path demands persistence. There is a certain mental toughness that comes with the territory. We need to think creatively, foster a winning team, and fuse immediate actions with broader goals. It takes time and training to develop these skills. It also requires a certain measure of talent.

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Are Hotelier Conferences Worth It? An Insider's Perspective

An old Chinese proverb states that you should grow grain if you want one year of prosperity, trees if you want ten years of prosperity, and people if you want a hundred years of prosperity. This may be one of the oldest known quotes on the power of networking, and it’s equally true today as it was back then.

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