Editor's NoteDepending on the hand a company has been dealt, it can look internally to spearhead growth or it can venture beyond the corporate fiefdom to fuel expansion. Today, we present two examples in the form of Nobu Hospitality and the Lufthansa Group. Nobu Hotels is leaning on its renowned restaurant brand to build its lodging portfolio so executives wouldn't think of opening a new property if a Nobu restaurant wouldn't work well at that location.
The Lufthansa Group, meanwhile, knows that its bureaucracy can be very resistant to change so it has turned to outsiders — people with no airline experience —to staff its Innovation Hub in Berlin. Its mission basically is to craft the airline of the future. Either method, namely looking internally or externally, can work, or fail. That's one of the things that makes the travel business so interesting. — Dennis Schaal, Executive Editor |
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