Corporate Governance & Strategic Planning | DWS Hospitality Specialists

SERVICES

 

Board Reporting

DWS are fully versed in the provision of appropriate information to the right stakeholders. Following corporate governance sessions, it is often identified that appropriate information is not presented by management to the board or committee. Reasons for this includes poor access to the right templates and lack of sufficient reporting by the property management system. Key aspects of our board reporting development includes:

  • Conduct an audit of current board and committee report mechanisms.
  • Identify appropriate outputs from the property management system.
  • Develop a standardised template that can be adopted by management to extrapolate relevant information from the property management system.
  • Design outputs from the template that incorporate both management and board level information.
  • Incorporate budgets and/or industry benchmarks to derive key performance indicators.
  • Ensure areas of operational risk are identified.

DWS combine a range of skills that include specific exposure to the hospitality sector to derive the relevant information as well as strong financial modelling skills in order to produce a template that is operable by management.

LATEST NEWS

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The hospitality industry is a highly competitive marketplace and those not willing to change, or keep up with the expectations of their target audience, will quickly find themselves suffering from declining profits and possible closure.

The sense of arrival. The goal of this “moment” is to literally WOW your arriving customers from the beginning – to validate their selection that choosing or returning to your venue was the best decision they made.

As of yesterday, the Board of Parramatta Leagues Club have been officially been removed as the governing body of the club and administrators have assumed control following an independent review by the NSW Independent Liquor and Gaming Authority (ILGA).

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