Tsogo Sun has a strong strategy plan. 2. All management buy into this plan and all staff are trained to be living Tsogo ambassadors living by the code of teamwork, service, opportunity, growth and ownership. 3. Management would continue to promote the Tsogo Vision “Our vision is to provide the greatest possible variety of quality hospitality, leisure, gaming and entertainment experiences at every one of our destinations. 4. Management would be consistent in their approach. 5. Train staff to buy into the vision and become knowledge workers. 6. Reflect on what went right and wrong. 7. Do not give up. 8. Live the new …show more content…
Interest rates will go up and South Africans will need to spend more wisely. The GDP will be affected and productivity levels will need to be much higher. Imports will become more expensive. Local business might close down and there would be job losses which would in turn affect the economy. Petrol would become more expensive as would food and opportunity cost would come into play with consumers making wiser choices as how to spend their money. In the gaming and leisure industry footfall in casinos would decrease due to less expendable income. Tsogo Sun imports most of their gaming equipment from overseas and this would become too expensive and would have to be put on hold. With the weakening of the rand Tsogo Sun could become susceptible to being bought out by a foreign investor, this could result in job uncertainty and possibly job losses. Staff would need to be very motivated to keep productivity levels high. In the gaming industry staff would need to be motivated to produce more spins per hour (reporter, 2014)and local visitors that could afford to travel abroad previously would now be looking at local hotels. This would in turn grow the