TRG Blog

3 Common Employee Development Challenges and How to Overcome Them

Posted by Khoa Tran on

Employees are inarguably the most valuable assets of every organisation. They are in their own ways contribute to the success of the company and the employers must try their best to nurture, develop and retain them so they become indispensable resources later on.

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Topics: Talent Management

Employee Training & Development - Did You Do It Right?

Posted by Khoa Tran on

Whether your organisation is already well-established, internationally recognised, or you're just a small start-up, one thing for sure you cannot ignore the tremendous benefits of a properly trained and developed workforce can bring.

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Topics: Talent Management

How to Turn Budgeting into a Value-Adding Process

Posted by Rick Yvanovich on

In today’s complex and rapidly changing business climate, there is an increased demand for top management to better observe, measure, and manage their business. Planning and budgeting plays an important role in enterprise performance management. However, in many organisations, planning and budgeting is not seen as adding value since:

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Topics: Planning and Budgeting, Financial consolidation, planning and reporting, Enterprise Performance Management (EPM), Financial Accounting Management Software

Training and Development: Are They Similar or Different?

Posted by Khoa Tran on

In amid the Industry 4.0, most human activities are maximised with the help of advanced technologies, thus, people tend to concentrate on improving their skills to enhance their performance. That is the main reason why various businesses nowadays put a strong emphasis on training and developing their employees to improve their current professional workforce. 

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Topics: Talent Management

4 Most Effective Training and Development Methods for Finance Professionals

Posted by Rick Yvanovich on

In a study by the Chartered Institute of Management Accountants (CIMA), different types of training and development methods were ranked according to how useful each one was rated by senior finance professionals.

The top 4 useful types were “learning through doing”, followed by “external training courses supported by the organisation”, “external continuing professional development supported by the organisation”, and “in-house education and training face-to-face”.

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Topics: Financial Accounting Management Software

Global Management Accounting Principles Explained in 800 Words

Posted by Rick Yvanovich on

Businesses, no matter how big or small, all want to make high quality, impactful business decisions. In order to be able to do so, the business must be equipped with accurate, fact-based and timely data. This is where management accounting comes in.

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Topics: CFOs, Financial Accounting Management Software

The HEXACO Model of Personality and Why It Matters

Posted by Khoa Tran on

The human psychology is probably one of the most difficult issues to study today. Therefore, personality assessment takes a lot of time and effort. This is precisely why a systematic approach was born to support this process. The solution is the HEXACO model of personality, created by Ashton and Lee, based on the work of Costa, McCrae and Goldberg.

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Topics: Talent Management

The Big 5 Personality Traits and What They Mean

Posted by Khoa Tran on

Have you ever wondered whether the current job is suitable for you? The Big Five Personality Traits (or the Five Factor Model) can help answer this question. It is a theoretical background used to analyse and understand the general components of our personality that seem to be the most crucial in the workplace and our daily life. 

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Topics: Talent Management

Management Accounting vs. Financial Accounting

Posted by Thai Pham on

Since the early days, Management Accounting has played a critical role in helping executives to make impactful decisions. However, many people have easily mistaken Management Accounting for "Financial Accounting". When you clearly understand these two concepts, you will see that they have obvious fundamental differences.

Read more: Why Management Accounting is Essential for Sustainable Success

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Topics: Financial consolidation, planning and reporting, Financial Accounting Management Software

In a World of Volatility, Invest in Employee Engagement

Posted by Khoa Tran on

Organisations rely heavily on their workforce to compete in today's evolving and unpredictable economy. In order to ensure your employee's productivity is always top-notch, organisations first need to select the right people, put them in the right jobs, at the right time. The career that aligns with your employee's interest and makes them feel engaged, it is guaranteed that your organisation has earned a unique competitive advantage.

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Topics: Talent Management

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 Rick Yvanovich
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