Hospitality Financial Leadership - Take Control - A GM's Guide to Hotel Financial Leadership
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Hospitality Financial Leadership - Take Control - A GM's Guide to Hotel Financial Leadership
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This Podcast highlights the professional expertise and practical advice of David Lund, an international pioneer in hospitality financial leadership and author of The Prosperous Hotelier. He argues that many general managers struggle to lead their financial controllers due to a lack of formal training and a tendency to avoid complex data. To remedy this, Lund provides actionable strategies for managers to gain confidence, such as conducting thorough preliminary financial reviews and mastering balance sheet reconciliations. By bridging the gap between operations and accounting, leaders can prevent financial mismanagement and ensure every department remains fiscally accountable. Ultimately, the materials serve as a comprehensive guide for hotel professionals to transform from intimidated observers into proficient, numbers-savvy executives.