Recent TRG blog posts

Data cleansing is one of the most important steps in the data preparation process. As companies are increasingly dependent on data to make crucial decisions, inferior data can leads to inefficiency, missed opportunities, or even financial losses. Thus, ensuring a “clean” database is one of the biggest challenge in today's organisations.

At the core, the relationships between mentors and mentees/ coaches and coachees are built on trust, respect, and confidentiality.

As a result of the ever-increasing amount of data, reducing the need for manual tasks in data management is a key objective every business should be pursuing. These data management best practices are used by industry-leading businesses to help increase visibility into their data and reduce costly errors.

While treasury management has always been critical in ensuring a corporate’s liquidity and financial viability, its role appears to have become even more important in recent years. When the treasury department operates as a strategic business partner, working closely with other business functions, it needs better tools and technology.

Today, AstraZeneca is widely known for their Oxford/AstraZeneca COVID vaccine, co-developed with the University of Oxford. But this hardly is the first time the pharma giant pushes the boundaries of science to deliver life-changing medicine.

What enterprises today have an abundance of are pressures. For instance, the pressure of addressing challenges associated with planning and distributing budget rationally, or the pressure of finding an optimal financial solution.

Forward-looking CFOs have shifted away from the traditional spreadsheets to a more sophisticated solution that can enable them to make more informed decisions based on real-time data and insights.

Coaching is a powerful tool to empower employees. However, it is often underutilised. When implemented effectively, coaching can make an impact on an individual's life and career. Leaders that apply coaching techniques can unlock individuals' potential and maximise their capabilities, thus, creating a more productive, engaged, and satisfied workforce.

A new study conducted by Expedia Group in a partnership with global research firm BVA BDRC examines the contribution of OTAs to the travel and tourism industry, specifically the US market, reports that hotel bookings via OTAs will continue to rise even after the pandemic¹². The study also stated travellers stay more nights, spend more on-property, and generate more revenue for local communities compared to direct hotel bookers.

It's been a century since efficiency expert Frank Bunker Gilbreth discovered in 1920 that it's best to hire a lazy worker to do a hard job because they will find an easy way to do it. (And no, it's not Bill Gates who said it first.) But the philosophy of "working smarter, not harder" has not fully caught on among managers themselves. 

In an article published on FastCompany, Matt Casey, author of The Management Delusion—The Easy Way to Do a Hard Job, shared his thoughts on "the lazy management approach", a term which he coined during his time at Moonfruit (UK). The name is a clever take on the nature of his management position, and it has nothing with being lazy.

Experts estimate it might take more than a year for the hospitality industry to recover from the monstrous effects of COVID-19. Many hotel managers are utilising this downtime to deep clean the entire venue and revise projects that are otherwise impossible to do when hotels are full.