My revsim experience was challenging and exciting. It allowed me to learn the importance of team roles and how essential they are, in relation to effectively implementing revenue management strategies and tactics. At the same time, my experience with revsim allowed me to understand the important skills and attributes of a revenue manager. It gave me the opportunity to apply them over the four weeks and simultaneously, it also allowed me to understand the skills I need to develop and improve. Lastly, I will also discuss my group’s mistakes and weaknesses in relation to our revsim experience and how they need to be rectified, to allow our group in the future to be more cohesive.
Team roles are crucial in relation to the implementation of revenue management strategies and tactics, such as delegation. Without communication, delegation may not be as …show more content…
Some of the key skills and attributes of a revenue manager, which I believe that I demonstrated, were time management skills, exhibiting the ability to handle responsibility, learning from my mistakes, prioritising tasks and being able to deal with stressful situations. At the same time, there are many skills and attributes which I believe I didn’t demonstrated well and will have to in the future, if I want to be a successful revenue manager. The key skills and attributes that I need to learn and apply more effectively are analysing and being able to integrate different variables, having a tolerance for uncertainty and learn how to consult and motivate fellow team members. I also need to improve my analytical and numerical skills and learn how to empower fellow group members (Cetin, Demirciftci, & Bilgihan, 2016). Whilst personally applying revenue manager skills and attributes, to allow our hotel to achieve financial and sustainable success, evaluating our group’s mistakes and weaknesses is also
Team roles are crucial in relation to the implementation of revenue management strategies and tactics, such as delegation. Without communication, delegation may not be as …show more content…
Some of the key skills and attributes of a revenue manager, which I believe that I demonstrated, were time management skills, exhibiting the ability to handle responsibility, learning from my mistakes, prioritising tasks and being able to deal with stressful situations. At the same time, there are many skills and attributes which I believe I didn’t demonstrated well and will have to in the future, if I want to be a successful revenue manager. The key skills and attributes that I need to learn and apply more effectively are analysing and being able to integrate different variables, having a tolerance for uncertainty and learn how to consult and motivate fellow team members. I also need to improve my analytical and numerical skills and learn how to empower fellow group members (Cetin, Demirciftci, & Bilgihan, 2016). Whilst personally applying revenue manager skills and attributes, to allow our hotel to achieve financial and sustainable success, evaluating our group’s mistakes and weaknesses is also