Monday, January 20, 2014

Winter Internship - a Memoir

Winter Internship @ TAJ FALAKNUMA PALACE 

                                                                          - by Priyadarshi Mayank (MBA 1st year)

Hospitality industry is an industry which has its own working style and is very unique in its own. This winter I got a tremendous opportunity to work for TAJ Falaknuma Palace, a hotel of Taj Hotels and Resorts group which comes under IHCL(Indian Hotel Companies Limited).  Falaknuma Palace is located in the culturally rich southern Indian city of Hyderabad. The Palace was built in 1893, and it is spread over 32 acres. It took NawabVikar-ul-Umra, the then Prime Minister of Hyderabad princely kingdom, nine years to build the Palace. It was later bought over by the ruler of the Hyderabad state, H.H. TheNizam VI, Nawab Mir Mahboob Ali Khan Bahadur, who was recognized as the world richest man in 1930’s. 

Taj Falaknuma Palace being a heritage hotel situated in outskirt of city has less scope for business unlike other business hotels which exists in heart of the city. Hence in order to increase the business of the hotel I worked on a project headed by Mr. Girish Sehgal (General Manager of Taj Falaknuma Palace). The hotel is very costly as its room rates varies between Rs.32,000 to 1,50,000 per night and most of the guests are foreign nationals or tourists. So in order to increase the business we worked on the concept of Destination Marketing Management. 

Saturday, January 11, 2014

Hippocratic Oath for managers

The oath taken by doctors to fulfil their duty in any condition towards another life and humanity defines a framework that shapes their orientation towards society. We are living today in a very brittle state of economy and for that matter politics. Each and every day, managers who run the big corporations have to take decisions beneficial for their organizations. And in these times, the moral conduct expected by them may sometimes be put aside for the “higher good”, as they say. The point here is whether they should be forced to take Hippocratic Oath to instil in them a sense of morality towards others!


Hippocratic Oath as Wikipedia puts it is “one of the most widely known of Greek medical texts. It requires a new physician to swear upon a number of healing gods that he will uphold a number of professional ethical standards.” Generally taken by medical professional during convocation, this oath helps them to remember their duty towards society. In modern times, it has since changed a lot but the crux remains the same.