In: Operations Management
explain the governance in Marriott International business?
Marriott International is a chain of Global hotels based in the US. The Marriot has a longstanding commitment to corporate governance which makes it efficient very well registered and monitored by the key stakeholders. The Board of Directors is responsible for the management of the business and thus they use modern-day innovation like the internet technology to monitor the business all across the globe in real-time. The governance is to respond to the needs of the properties and give the stakeholders feedback of the business to keep them updated with the growth and competency of the business in real-time.
The governance has used the internet and its modern-day gadgets to get the details and respond to the people there to ensure the best of Marriott's values in all its operations. Again the way of response and time of it is faster making the governance very efficient for the business of Marriot globally.