When it’s time to reflect

When the end of year rolls around I like to reflect on my company and personal performance. I suspect many others do the same. Here are some of my  thoughts regarding 2012:

  • Business was a rocky road with many ups and downs.
  • The U.S. and China hotel businesses had a pretty strong year, while Europe and India were down.
  • We placed more CEOs and CFOs this year than in any previous year. Even as key performance metrics recorded positive growth, CEO turnover increased at unusual levels. I am keeping my eye on why a recovering industry is causing such rumblings at the top of the organization.
  • Growing your business in a down economy is tough, but possible.
  • Good people are hard to find and harder to keep.
  • Air travel is getting more cumbersome by the day.
  • In times of crisis you find out who your friends are. (Hurricane Sandy was crazy.)
  • Giving feels better than getting.
  • It is hard to write a book when you have a full-time job. (I promise mine will come out in 2013.)
  • Global companies need to think regionally.
  • A book club might be nerdy but can be a great learning and social experience.
  • Producing a film is like giving birth to a child.
  • Will LinkedIn replace the recruiting industry? (I think not.)
  • Hotel schools are doing a better job preparing students for the industry.
  • Sorry, everyone, but compensation is going to be flat again next year.
  • Loyal clients make the difference between business success and failure.
  • Work is so much more fun when you really care about each other.