The company that I will be discussing about is Harrah’s Entertainment, Inc. This company was founded by Bill Harrah on October 29, 1937 and has its headquarters in Nevada, USA. They own more than 50 casinos and hotels and have approximately 33,000 employees presently working. The company has an annual revenue of $8.6 billion and is currently one of the top casino gaming companies of the world. The reason for their success is good customer service and efficient usage of software development. Customer service is given a top priority and many incentives are provided to them. This makes the customers feel really happy about the services and facilities provided to them. So the possibility of the customers returning back is very high. This is a major reason for the success of the company.
Summary
Harrah’s had initially used enterprise data warehouse from Teradata. They have now expanded their database system since their customer base has increased. They make use of Teradata Priority Scheduler and Teradata Dynamic Query Manager. In order to protect their system from external attackers and to ensure total safety, Harrah’s makes use of Teradata Dual Active Solutions. This system is useful to identify customers that come for the first time and it provides services and offers tailor made for them. The system can also alert the staff of a customer who has returned after a very long time and make a customized greeting for such return customers. This will make the customers feel special
with their return on investment, employees are paid and treated fairly, and customers are satisfied with the
Security is very critical section in Distribution DBMS concerning credit card data and customer’s data.
There are two main overall objectives of Harrah’s Database marketing (DBM) programs. First, Harrah’s strived to build, increase and retain customers’ loyalty to their brand, similar to the way people tend to be loyal to their mechanic or hair dresser. The strategy to achieve this goal was to ensure that they crafted and sustained a relationship with their customers and reinforced the emotional tie with personalized attention and fast service. The second objective piggy-backs on the first – that customer loyalty will yield incremental business and increase company revenue.
Customers are the backbone of every business which is why building a solid relationship is essential to the success of every business. In order to remain competitive companies must be able to meet the needs and wants of their customers. With new hotels and casinos on the rise in the Caribbean, the hotels and casinos operated under Diamond Cluster Entertainment are struggling to remain competitive. Their competitors are making themselves known via social media and other online marketing strategies. This company is ignoring the importance of social media which is why they are struggling to remain competitive and build a solid relationship with their loyal customers. Their competitors are also investing in loyalty programs that offer customers free rooms, room upgrades, casino credits, and other perks.
A firm’s performance and financial standing can be measured by a number of valuations and techniques. Financial data is used to perform a financial analysis on a business to determine the company’s stability, profitability, and liquidity. For instance, J.C. Penney’s financial stability was drastically damaged leaving all external and internal stakeholders questioning the value of the department store. J.C. Penney’s has a number of stakeholders that should always be satisfied while making business decisions. One of J.C. Penney’s most valuable stakeholders is its customers. J.C. Penney’s customers expect the retailer to provide them with up-to-date products at an affordable cost, while also expecting trained personnel to attend to their needs. One of J.C. Penney’s main goal is to get new and repeated customers; therefore, it is critical for J.C. Penney’s to develop a strong understanding of its customer base. During J.C. Penney’s failure, many customers reported that employees did not make an effort to develop a professional relationship with them.
As we examined the financial evaluation of Caesars Entertainment Corporation, it will reveal the financial stability of its revenues, gross margin, and earnings per share. The largest gaming companies in the world under the leadership of CEO Mark Frissora and its 31,000 employees. It is ranked #7 in the Airlines, Hotel & Travel industry. Its ticker symbol was CZR, established in 1989. Now as we further examine the financial of Caesars, we will describe the profitability, liquidity, solvency, and the positive/negative trends over the last three (3) years. The profitability will show and yield profit or financial gain. Liquidity will describe and reveal the availability of liquid assets; how easy it is to convert assets to cash.
The Hotel Monaco achieves their desired organizational effectiveness by being conscience of goal accomplishments, satisfaction of constituencies, and acquisition of necessary resources. The Hotel Monaco claims its three most vital assets are its customers, its employees, and its investors. Their customers’ expectation and satisfaction of the hotel’s top-level of service offerings, and its unmatched customer service, is what keeps them in business and at the top.
Caesars Entertainment Corporation, formerly Harrah’s Entertainment that was in 1937 by Bill Harrah. The company itself it’s the world’s leading brand casino entertainment in the industry. Caesars Entertainment has more than fifty properties in the United States, as well as internationally. There are three main brand names that are affiliated under the company itself, generally known as Caesars Palace, Harrah’s, and Horseshoe. Caesars Entertainment offer outstanding guest service in exhilarating and pleasurable environments. The corporation focus on building loyalty and significance for their guests, employees, business partners, and the general public by making them the most service-oriented, geographically varied establishment in the gaming
Loblaw used to save store and vendor information in different types of Legacy systems, for example, the vendors’ sales data is stored in the system called Bi-query, and the vendor stores payment records can be found in Customer Information Control System (CICS). However, given the size and complexity of Loblaw, it is hard to remain competitive without a system that can integrate information from all business areas and provide real-time information updates of critical information so that an entire enterprise may function as one. Therefore, Loblaw starts to transfer store and vendor data from Legacy systems, into a more efficient and powerful system called SAP.
Vivid proof of this - is a recognition of the company not only its employees, but also the recognition of a variety of authoritative sources. Keeping a high level of corporate culture - it is an important component of the strategy «Hyatt Hotels Corporation». Company executives realize that exactly how employees perceive the company and myself in it is directly linked to concepts such as profitability, stability and efficiency. It is the involvement of employees in the company's work which is an important metric for security and the overall success of the business «Hyatt». Involved employees are more productive, secured, customer-focused, and more
Hospitality Management is a difficult and competitive market, and any lack in customer service can result in defecting customers or the termination of a relationship between a customer and a service provider. In this paper we will look at Hilton a company that has continually ranked amongst the top ranking hotels and continues to improve. Hilton’s customer service ranks as one of the top hospitality providers in the United States. We will look at the history of how Hilton came to be the name brand it is today and some of their process the used to narrow the customer service gaps such as Hilton Honors, the Hiltons Reservation Customer Care, and RESMAX. We will look at how they look at how Hilton manages the customer expectations through the use of employee training and their decreased the customer service gap through employee retention. We will also look as how Hilton co-partnered with Citibank in order to offer its Hilton Honors member additional benefits in order to keep in line with the customer service that the customers have come to expect.
As the new technology and fast evolution of software, keeping information system efficiency became a challenge. On the enterprise side, the company’ operation, inventory, and logistics systems are the key to success. On the customer side, the high quality and satisfied experience from the user interface is very important. Moreover, the establish and develop a new technology is costly and different.
Data warehouse are multiple databases that work together. In other words, data warehouse integrates data from other databases. This will provide a better understanding to the data. Its primary goal is not to just store data, but to enhance the business, in this case, higher education institute, a means to make decisions that can influence their success. This is accomplished, by the data warehouse providing architecture and tools which organizes and understands the
Data has always been analyzed within companies and used to help benefit the future of businesses. However, the evolution of how the data stored, combined, analyzed and used to predict the pattern and tendencies of consumers has evolved as technology has seen numerous advancements throughout the past century. In the 1900s databases began as “computer hard disks” and in 1965, after many other discoveries including voice recognition, “the US Government plans the world’s first data center to store 742 million tax returns and 175 million sets of fingerprints on magnetic tape.” The evolution of data and how it evolved into forming large databases continues in 1991 when the internet began to pop up and “digital storage became more cost effective than paper. And with the constant increase of the data supplied digitally, Hadoop was created in 2005 and from that point forward there was “14.7 Exabytes of new information are produced this year" and this number is rapidly increasing with a lot of mobile devices the people in our society have today (Marr). The evolution of the internet and then the expansion of the number of mobile devices society has access to today led data to evolve and companies now need large central Database management systems in order to run an efficient and a successful business.
Finally, after realising the seriousness of the issue the President of Toyota Motors insisted for a centralised database management, with all customers’ records being stored in a single database. Although it seems to be a very easy task to collect all the records from different locations and then compiling it in a single database, but it was not as simple and easy for Toyota because it involved a series of data management processes.