It is that much-dreaded time of the year when you have to review your team members' performance. The processes are not only lengthy and complex but also emotionally charged. Not every one of your members will accept the reviews with ease. There are "difficult to deal with" individuals who have a cent or two about the verdicts.
Recent TRG blog posts
Giving Performance Reviews to Your Most Difficult Employees
Posted by Mai Hoai Thu on Wed, Apr 17, 2024
Blog Topics: Talent Management
Better Thrive in 2024 with These 3 Key Hospitality Trends
Posted by Andrew Turton on Mon, Apr 15, 2024
The global hospitality industry has been observing strong signs of recovery heading into 2024, with demand rebounding to pre-pandemic levels. With travel on the rise once more, hoteliers must strategise effectively to capitalise on this revival period through proactive alignment with emerging trends.
Blog Topics: Hospitality solutions, Technology trends, Cloud Computing, Digital Transformation
8 Ways Technology Can Help Hotels Succeed In the Next Decade (Pt.2)
Posted by Andrew Turton on Fri, Mar 29, 2024
Hotels and resorts are laying the groundwork for how they will do business in a new decade and beyond, in an effort to stay competitive, profitable, and ready to meet new challenges. Industry leaders are examining the workflows and mechanics of technology-driven processes, like data infrastructure, reservations, event planning, inventory control, competitive price setting, and revenue forecasting—and seeking out ways to tie them all together to better serve operations, revenue management, and brand strategy.
Blog Topics: Hospitality solutions, Cloud Computing, Business Intelligence, Analytics
8 Ways Technology Can Help Hotels Succeed In the Next Decade (Pt.1)
Posted by Rick Yvanovich on Fri, Mar 22, 2024
The hospitality industry will likely never be the same again. This isn’t necessarily bad news, though. Right now, industry leaders are thinking about how to evolve their businesses—embracing innovation and planning ways to ensure stability and long-term success.
Blog Topics: Hospitality solutions
Is Your Company Facing These Hidden Succession Planning Flaws?
Posted by Mai Hoai Thu on Tue, Mar 19, 2024
What makes or breaks an organisation? For many, it comes down to leadership, but securing strong leadership relies on having the right people in place to take the reins of power over time.
Blog Topics: Talent Management
5 Technology Inventions that Changed the Hospitality Industry
Posted by Andrew Turton on Fri, Mar 8, 2024
The rapid development of technology continues to reshape the hospitality industry, with innovations like cloud-based software and mobile apps driving a new era of hyperautomation and hyperpersonalisation.
Blog Topics: Hospitality solutions, Cloud Computing, Digital Transformation
Financial Planning vs Budgeting vs Forecasting: A Quick Comparison
Posted by Rick Yvanovich on Fri, Mar 1, 2024
Planning, Budgeting, and Forecasting (PB&F) is one of the three management processes that constitute Enterprise Performance Management (EPM). We have presented the basic principles of EPM and its other two components in a previous post. In this article, we will dive deeper into the PB&F process and discuss the similarities and differences among financial planning, budgeting, and forecasting.
Blog Topics: Planning and Budgeting, CFOs, Financial consolidation, planning and reporting
Psychometric vs. Personality Assessments - Are They the Same?
Posted by Mai Hoai Thu on Wed, Feb 28, 2024
Numerous facets of a person's behaviour, cognitive preferences, and personality are evaluated and understood through valid assessments backed by scientific research. Two prominent examples of such evaluations are psychometric (for instance, Great People Inside's series of assessments) and personality (for instance, the Myers-Briggs Type Indicator, or MBTI) assessments.
Hang on, what are the differences between a psychometric assessment and a personality assessment? Are they interchangeable, or do they serve distinct purposes?
This blog post will deep dive into the fascinating world of these assessments, breaking down their distinct goals, methodologies, and applications.
Read more: Impacts of pre-hire assessments on candidate experience
Contents
Blog Topics: Talent Management
Infor Earns Prestigious Recognitions on Constellation ShortList 2024
Posted by Rick Yvanovich on Tue, Feb 27, 2024
Infor has just been listed on the prestigious Constellation Research ShortList, securing not one, not two, but three coveted spots, which are for Services-Centric Cloud ERP, Configure-Price-Quote (CPQ), and Enterprise Application Platforms (EAP).
Blog Topics: Cloud Computing, ERP, Digital Transformation
Best Practices for Implementing Cloud Financial Management in Hotels
Posted by Rick Yvanovich on Thu, Feb 8, 2024
Implementing new software can be a daunting task, especially when it comes to financial management in hotel businesses. However, with the right precautions and strategies in place, the process does not have to be overwhelming.
Blog Topics: Hospitality solutions, Financial Accounting Management Software, Cloud Computing