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Attracting guests to book directly in new ways is a win for the hotel, said Mr. Withiam, from a financial, customer relationship and brand perspective.
The connection, and everything transmitted over it — financial, customer and product data — has to be secure and out of the reach of hackers, cyberthieves and even disgruntled employees.
"These could be IP, financial, customer details, employee records – once you have a handle on what it is that is important to your business and where you store this data, then you can begin to assess the threats and risks that these information assets will be open to".
A value map is formed using four dimensions: financial, customer, internal processes and learning development.
The slowdown had no financial customer impact – card swipes, deposits and previously scheduled bill payments processed as normal.
The extended enterprise performance measurement model (the EEPMM) (Bititci et al. 2005) and the inter-enterprise collaborative performance model (Verdecho et al. 2012) use the internal, financial, customer and innovation and learning perspectives of the original BSC.
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G.M. pays bonuses to about 3,500 executives, basing them on a series of financial, customer-satisfaction and other targets that must be met for payments to be made.
They have already flagged that they're interested in the idea of a "one-stop shop" for financial customers who feel mistreated.
"Ten or 12 years ago they were the stock market darlings," making healthy profits because of financial customers' readiness to pay high prices for real-time information, Ms. Cook said.
Much of the pressure also comes from the United States' standing as the biggest and probably fastest-growing market for affluent financial customers.
In retaliation, the government took steps to punish the bottom line of both companies: it blocked a Times Web site aimed at Chinese readers, and it ordered financial customers not to buy any new Bloomberg terminals.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com