
This Week in Startups
Booking Holdings CEO Glenn Fogel on travel industry trends, M&A, leadership, and more! | E1830
Oct 17, 2023
Glenn Fogel, CEO of Booking Holdings, dives into the evolving travel landscape, highlighting key trends that are reshaping the industry. He discusses the competitive dynamics of accommodations, especially with Airbnb's rise and tech influences like AI on user experiences. Fogel also tackles the complexities of mergers and acquisitions, and shares insights on the balance between innovation and regulation. Additionally, he reflects on changing travel habits due to remote work and the implications for middle-income travelers.
52:33
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Quick takeaways
- Organizational design requires balancing independence and cooperation to achieve common goals.
- Younger generations are seeking unique experiences and emotional fulfillment in travel.
Deep dives
The Importance of Balancing Independence and Cooperation in Company Organizations
Organizational design is a delicate balance between providing enough independence and incentives for employees to drive towards common goals while also fostering cooperation for the benefits of scale and avoiding duplication of efforts.
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