It’s perceived as the most inventive in the twentieth century, many countries through their government own to engage in. The large number of shareholders trades the company shares making it one of the significant ones in the market. It’s known to exist under approval by an act of parliament. Additionally, it’s always set out with an objective of carrying out a specific commercial activity that would benefit the nation.
Public corporations do share very many common features;
• Formed and operated basically with a service motive that is beneficial
• It’s under the state government, run by corporation management but major policies are taken by the government, this is why they are referred to as PUBLIC corporations.
• Enjoys immunity from the parliament, corporate entity, had the power to acquire, hold or dispose of property.
Sabre Corporation
It’s a Travel technology based in Southlake (Texas) the United States. It’s known as the biggest distribution systems providers globally for air bookings in America at large. Was found by American Airlines in 1960, to capitalize on synergies of combining AMRs information technology business under the common government. It’s a leading provider of information technology solutions for the travel industry (Donaldson & Preston, 1995). 30,000 travel agencies, three million registered individual customers, and numerous corporations’ access information on and book reservations with more than four hundred airlines.
Its products include Trip Case, Get There, airline solutions, travel network, hospitality solutions. Nevertheless, Sabre employs more than nine thousands employers who are known to be committed and gifted in the field of technology, hence growing faster as well. By 2016 for example, its revenue rose to 3.37billion, operating income being 459.57million, net income was 242.56million dollars, total assets 5.72billion dollars.
Sabre is well known as to be leading in various sectors as far as transport industry is concerned.
• Known in designing, developing and implementing information technology solutions in the transportation industry.
• Provides its customers with all the information necessary to buy and sell travel. As a result, it was voted the World’s leading Global distribution system. This occurred three times consecutively, evidence that it’s progressing on so well.
• Leading in Electronic Travel Distribution, business bringing up together travel suppliers, travel buyers and value-added intermediaries in an electronic marketplace.
• Known as a leading marketplace for traveling globally because it’s a leading technology provider to the global travel industry. Its Soft wares, data and distribution dissolutions are used by hundreds of airlines including Alaska Airline Corporation. Moreover, it’s used by more than 400 hotels in managing passengers and guest reservation, flight operation, etc.
Sabre, just like any other company has its mission, visions, and values guiding it into achieving goals and planning for a better strategy. To begin with, Mission is a set of task that fulfills a purpose or duty a company is trying to achieve (Donaldson & Preston, 1995). Sabre systems system serve in the provision of technology, scientific and management solutions to government and international customers. It is this mission that forms the current state of affair of Sabre. It helps employees and customers to understand what it’s all about. Once employees and customers already know what the company is all about, its daily activities are maintained without any rules broken. Furthermore, the mission moves the organization into achieving its goals or vision. Without a mission statement, Sabre couldn’t have owned the most committed employees, nor could it have managed to win consecutively as the best technology travel industry. Mission defines the business, products or services and customers, it differentiates itself from other competitors by knowing what they need to do, for whom and the benefit.
Secondly, Vision is the key goals would wish to achieve. As Sabre, their main vision is providing outstanding technical support, services to all customers across. Moreover, it serves Government agencies and industry being a public corporation. Sabre is a trusted and ethical corporate, they strive to be your company of choice. Vision is what motivates Sabre at large. For example, in 2012, Sabre managed to establish “passport to freedom,” a program that strengthened travel and tourism industry ending human exploitation. Customer interest comes first, by placing ourselves in customer’s shoes is all that drives principals.
Also, Sabre leadership and employees or staff rather, are guided by key values which are strictly followed to ensure desired behaviors is maintained (Friedmann, 1943). They include Ethical behavior, Teamwork, Integrity, Can Do spirit, Professionalism, respect, adaptability, innovation and life balance. Therefore, it is through understanding values, missions and visions the company can plan a well-designed strategic plan.
Ethics and standards of conduct also make up Sabre, who is dedicated to conducting business with a lot of integrity. Sabre’s employees must adhere to the ethical codes agreed upon to maintain its better progress, by maintaining a good relationship between customers, employees, and community.
• To customer: Provides better services to all its customers by meeting their required schedules and budgets. Importantly, they protect and handle information as stated in the rules and regulations.
• To suppliers: Emphasize fair competition, relationships with other corporations, and maintain their responsibilities to remain good customers. Confidential information entrusted unto them is kept safe.
• To the community: Treating each other fairly by providing a conducive environment for all workers, healthy working conditions, protect each other and ensure each other’s privacy is safe.
Corporate responsibility mission
• Sabre has its responsibilities important to them as a leading travel company. These include drive positive social and change together with employees and workers, which is its corporate responsibility mission
• SERVE, they serve the community well driven with the inner passion of creating a better world for all.
• Sustain and deliver responsible technology solutions to strengthen travel industry.
• Passport to Freedom, an initiative used to end human trafficking.
Framework and management
Determining approach to security at a facility includes, establishing the requirements, managing security risks, planning implementations and design of a new security system. Sabre facilities are assessed by Sabre registered assessor to determine if whether the building or infrastructure is acceptable.
Globalization
The Corporation has offices in South lake Texas and still have additional offices in London, Krakow, Bangalore, Montevideo and Buenos. IN 2013, it handled 85000 data per second as revealed by Fort Worth star telegram. The company operates under travel networks, airline, and hospitality solutions.
Currently, it has more than 40% of the North American market, Present in South American and leading in Europe travel industries. Sabre has established strategic alliances with regional flags carriers penetrating it to very many continents. Today it operates in 30,000 travel agency and more than 70 countries across six continents (Strothmann, Potter & Brezina, 2005). Regional management permits closer customer interaction and knowledge. Moreover, it had a strong international presence and focused on expanding it to a global view.
Use of sabre software as a service advantage
Sabre activities depend on technology since it’s a software linked corporation. It’s able to serve its customers from wherever they are, manage information technology infrastructure. Being a software, customers can have their data through their airline, can enjoy the 24/7 applications, tracking, and security access. Sabre leadership lies under Lawrence Keller, who is the company Executive Chairman, President, and CEO being Sean Menken. Sabre Website is www.sabre.com.
References
Donaldson, T., & Preston, L. E. (1995). The stakeholder theory of the corporation: Concepts, evidence, and implications. Academy of management Review, 20(1), 65-91.
Friedmann, W. (1943). International Public Corporations. The Modern Law Review, 6(4), 185-207.
Strothmann, R. L., Potter, G. J., & Brezina, S. (2005). U.S. Patent No. 6,974,079. Washington, DC: U.S. Patent and Trademark Office.
