#firsttask

Oyo Rooms (stylised as OYO), also known as Oyo Hotels & Homes, is an Indian hospitality chain of leased and franchised hotels, homes and living spaces. Founded in 2013 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. The startup expanded globally with thousands of hotels, vacation homes and millions of rooms in India, Malaysia, UAE, Nepal, China, Brazil, Mexico, UK, Philippines, Japan, Saudi Arabia, Sri Lanka, Indonesia, Vietnam, the United States and more. The company's investors include SoftBank Group, Didi Chuxing, Greenoaks Capital, Sequoia India, Lightspeed India, Hero Enterprise, Airbnb and China Lodging Group. Currently due to covid OYO had to go for a few months without any booking which put the company which was already facing multiple problems into crisis mode. The company had been constantly firing employees because of  reduced revenue and competition. Many partner hotels for the company had problems with the payment and management and were leaving the company and joining their competition, there were many safety violations coming up for the company including women safety, sharing data etc. Due to covid the company has had a hard time sustaining as they had to let go of many properties apart from the many problems they have faced. Few of the problems OYO faced was 1. Complaints of unpaid dues by Indian hotel partners 2. Police complaints by hotel groups and hoteliers 3. Protests by US hotel owners over OYO’s entry 4. Lack of profitability 5. Scrutiny by Competition Commission of India 6. Questions about asset-heavy model

TASK IN HAND:

You have to assume the role of Chief Strategic Officer and devise the much needed plans and strategies to bring the company back on track. Submit a report of at least 5 pages along with a PPT covering the following :

• Situational Analysis (Present scenario and competitor analysis) • Strategies to recover from COVID slump • Strategies to retain hotel owners. • Strategies to tackle upcoming competition like treebo etc • Future Growth Plan for expansion • Strategies to recapture and expand customer base after covid (conventional and unconventional)

For any doubts you can call anyone of us.

Submit the Report and PPT for the same by 1 AM IST (3/11/2020) sharp.

Mail it to [email protected] in PDF Format and PPT format.

GOOD LUCK!

Cain and Abel:

  Summary:

  Cain and Abel were the sons of the first people on earth, Adam and Eve. Cain was a cultivator of the ground while Abel was a shepherded. One day they decided to make an offering to God, Cain brought some fruits of the land for his offerings, while Abel brought his first lings of his flock even their fat as an offering to Jehovah. God showed favor not to Cain but to Abel, so Cain was dejected and grew hot in anger then God said to him that if He will turn to do good, he will be shown favor but if not sin will dominate him. Then after sometimes Cain invited Abel again to go to the field and do some offerings and there He assaulted his brother Abel and kill him. God knew it and he punished Cain for doing it. He was sent to exile and told that even he plane the ground nothing will return back to him.

  What Fascinated Me:

  I have read the story over and over since when I was little. The character of Cain, being so puffed up with pride, since his mother might have told him that he is the promised seed that will destroy the original serpent, caused him destruction in the end and gain no favor in the eyes of God, while Abel, a not so loved by his parents, since he is not the first born, was very innocent, humble boy, one who really wanted to give back in a very special way to his loving God and the one who exercised strong faith to God, maybe first died but even to death God’s eyes (favor) was on him and we can be sure that he will be in God’s tent in his appointed time.

  I was impressed on this story because I am really convinced that its true and real because even up to now, people has not changed. People in these days have their character same with Cain’s (One that is Puffed up with Pride, always thinks that he is Number one and won’t accept defeat and will never do an act of humility) other one is like of Abel’s (Trying to do things that pleases God’s and reflecting his personality, through that persons’ actions, despite of opposers like of Cain)

  I saw what happened in the end to both of them and that gave impact to me that helped me to cultivate what personality I will mold and apply to myself.