What’s your personality type? ESTP, INTJ, INFJ, or maybe something else? If it all sounds familiar to you, most likely you have taken or heard about the Myers–Briggs Type Indicator (MBTI) model before. In fact, MBTI is possibly the world’s most popular and widely used personality assessment; roughly 2 million people take it annually. It is the most (over)hyped assessment, too.
Recent TRG blog posts
Why the MBTI Personality Test Is as Useful as Astrology
Posted by Huy Tran on Thu, Nov 30, 2023
Blog Topics: Talent Management
[Infographic] Understand the Difference Between Coaching and Mentoring
Posted by Rick Yvanovich on Thu, Nov 23, 2023
At the core, the relationships between mentors and mentees/ coaches and coachees are built on trust, respect, and confidentiality.
Blog Topics: Talent Management
Seasonality in Hotels: Revenue Management Strategies You Should Adopt
Posted by Carla Burton on Wed, Nov 22, 2023
A longstanding issue for hotel owners and managers is how to maximise revenue and occupancy rates despite the effects of seasonality. To be effective, revenue and yield management strategies need to consider seasonality, but all too often, hotels approach seasonality in blocks of time rather than looking at each day over a 365-day period, resulting in lost opportunities.
Learn more: Hospitality resource portal
Blog Topics: Hospitality solutions
The 6-Step Guide to Developing a Diversity and Inclusion Plan
Posted by Rick Yvanovich on Mon, Nov 20, 2023
In the last two articles, we discussed the advantages of diversity and inclusion in the workplace as well as some obstacles the HR department might face during the process of building a diverse, equal and inclusive environment. In the next step, we are going to sketch out a thorough plan that helps your organisation to achieve this goal.
Blog Topics: Talent Management
Accounting Best Practices for Logistics and Transportation Companies
Posted by Rick Yvanovich on Sat, Nov 18, 2023
Companies operating in the logistics and transportation industry such as airlines, cruise liners, railways and shipping/trucking firms face several accounting and operational challenges that can impact their net earnings. That is why it is critical that good accounting practices are followed to manage their cash flow and liquidity.
Blog Topics: Financial Accounting Management Software
5 Most Common Budgeting Approaches and Their Pros & Cons
Posted by Rick Yvanovich on Fri, Nov 17, 2023
Establishing a budget can be quite daunting, as is selecting the optimal budgeting method that aligns with your business' unique model and requirements. In this blog article, we will delve into the five most prevalent approaches to budgeting, delving into their advantages and disadvantages.
Blog Topics: Planning and Budgeting, Financial Accounting Management Software
5 Diversity and Inclusion Challenges in the Workplace and How to Overcome Them
Posted by Rick Yvanovich on Wed, Nov 15, 2023
Thanks to advancements in technology and the process of globalization, people are now more interconnected than ever. As a result, workplaces are becoming increasingly diverse, with individuals from various nationalities, cultures, genders, experiences, and personalities coming together under one roof. This transformative trend has compelled corporations to rethink how they manage their talent resources in order to leverage the benefits of multicultural perspectives.
Read more: Top 6 Benefits of Diversity and Inclusion in the Workplace
Blog Topics: Talent Management
Financial consolidation: Dealing with intercompany transactions
Posted by Rick Yvanovich on Tue, Nov 14, 2023
Tracking intercompany transactions is perceived as one of the most common problems with financial consolidation. Intercompany transactions are transactions that happen between two entities of the same company. Not adjusting intercompany transactions results in consolidated financial statements that do not offer a true and fair view of the group’s financial situation.
Blog Topics: Financial consolidation, planning and reporting
Digital Transformation in Finance and The Changing Role of CFOs
Posted by Rick Yvanovich on Mon, Nov 13, 2023
The role of CFOs today has evolved significantly, becoming more dynamic and responsive to changing demands from internal stakeholders and external customers. The modern CFO is now involved in strategy creation and business transformation initiatives, acting as a strategic advisor to the CEO and the rest of the C-suite.
Blog Topics: CFOs, Financial Accounting Management Software, Technology trends, Cloud Computing, Infor SunSystems, Digital Transformation
6 Strategies to Attract, Engage, and Retain Remote Teams
Posted by Mai Hoai Thu on Fri, Nov 10, 2023
In recent years, the concept of working remotely has gained significant traction and popularity among professionals across various industries.
Blog Topics: Talent Management