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Stock impact report

Hilton's Chris Nassetta on why CEOs should ‘lift above the noise' [Yahoo! Finance]

Host Hotels & Resorts, Inc. (HST) 
Last host hotels & resorts, inc. earnings: 2/19 04:31 pm Check Earnings Report
US:NYSE Investor Relations: hosthotels.com
Company Research Source: Yahoo! Finance
After more than 18 years as Hilton's CEO, he seems to know half the staff in the group's Washington, DC flagship, and he pauses to shake hands and exchange a few words with most of them. Nassetta says Hilton had lost its “family culture” by the time Blackstone bought the company in 2007 and brought him in from Host Hotels & Resorts to run it. Rebuilding that spirit, to the point where Fortune named Hilton the world's best workplace last year, was his first priority, he recalls. But it has required relentless focus. When other CEOs ask for tips, Nassetta tells them the playbook is easy, but executing it is really hard: “You've got to work at it and work at it and work at it till you think you can work no more.” It took Hilton 14 years to first claim the top spot in Fortune's workplace ranking, he notes, which is more than twice as long as the tenure of the average S&P 500 CEO. “It's not for the faint of heart.” Inspiring people by connecting to your roots Companies build cultur Show less Read more
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