TRG Blog

The Cloud: A Storm of Confusion

Posted by Ho Nguyen on

A survey of more than 1,000 American adults was conducted in August 2012 by Wakefield Research and shows that while the cloud is widely used, it is still misunderstood. For example, 51 percent of respondents, including a majority of Millennials, believe stormy weather can interfere with cloud computing.

Nearly one third see the cloud as a thing of the future, yet 97 percent are actually using cloud services today via online shopping, banking, social networking and file sharing. Despite this confusion, three in five (59 percent) believe the “workplace of the future” will exist entirely in the cloud, which indicates people feel it’s time to figure out the cloud or risk being left behind in their professional lives.

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Topics: Cloud Computing

Why Efficient Customer Management Matters in Retail More Than Ever

Posted by Hai Nguyen on

With the advent of new consumer technologies, information asymmetries have been eliminated from consumers’ shopping experience. Today’s shoppers are less brand-loyal. They jump from retailer to retailer to find the best price, the best products, and the best services.

However, existing customer management programmes have provided retailers the view that the top 30% of their customers account for approximately 75% of their sales (Imlay, 2006). Thus, an effective customer management programme helps retailers stand out in a highly-competitive environment with benefits such as:

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Topics: Retail Management System

Why It is Crucial to Foster an Engaged Workforce

Posted by Khoa Tran on

In recent years, HR managers and recruiting professionals have been putting more focus on improving the employee engagement, one of the most critical talent management topics that have a significant impact on the success of a business. Employees who are highly engaged with their employers can help to maximise a company’s investment in its people, improve productivity as well as reduce costs.

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Topics: Talent Management

Management Trainee Lessons from Internationally Recognised Firms

Posted by Khoa Tran on

Many organisations have been successfully cultivating high-quality future leaders through their management trainee programs. The programs not only provide immense credibility and experience to the trainees but they also have certain positive impacts on the organisation. And a well thought out management trainee program can guarantee to give your business a better head start over the competitors by having a well-trained team.

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Topics: Talent Management

Why Management Accounting is Essential for Sustainable Success

Posted by Thai Pham on

In today’s ‘VUCA’ world—characterised by volatility, uncertainty, complexity and ambiguity— it is becoming harder and harder to get right. As discontinuity becomes the norm and the most established business models come under threat, business leaders may need to adapt their models or develop new ones. How can organisations achieve sustainable success in a constantly changing environment?

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Topics: CFOs, Financial Accounting Management Software

Communication Problems in the Digital Workplace

Posted by Khoa Tran on

We cannot repudiate the importance of communication. However, there are now some problems in communication in the workplace settings, especially in the digital work environment that we should be aware of and overcome. 

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Topics: Talent Management

Should Hoteliers Consider Implementing Cloud Applications?

Posted by Thai Pham on

The first simple hotel management system was introduced back in the 1970s, allowing hoteliers to confirm on-site reservations. By the early 1990s, the first database management system was marketed, allowing for digital records, which made accessing information much easier than Excel spreadsheets. Now, the hospitality industry is amidst the "cloud computing boom". The impact of cloud-based solutions is enormous: it revolutionises how the managers run their hotels/restaurants and interact with the customers.

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Topics: Hospitality solutions, Cloud Computing

The Link between Sustainability Management and Business Financial Management

Posted by Rick Yvanovich on

More and more companies are coming to realise that sustainability performance management (SPM) can create and protect their businesses’ long-term value. Thus, defining the link between sustainability and business performance becomes critical in business management, especially in financial aspects.

Sustainability affects both top and bottom lines

Sustainability can boost both top and bottom line performance and strengthen the balance sheet. These opportunities exist throughout the value chain of any organisation, from operations and inbound logistics to sales and marketing.

Amongst them, the business financial management team is the ideal place to drive business value from sustainability because the finance department has visibility into every part of the company and understands how it all fits together.

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Topics: Financial Accounting Management Software

Revamping Corporate Financial Planning: 8 Points to Remember

Posted by Thai Pham on

As the world is heading towards an uncertain future, businesses can expect some unexpected events along the way. Therefore, agility needs to be embedded in every business process, including corporate financial planning.

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

Finding Your Star Leaders with Management Trainee Program

Posted by Khoa Tran on

Many organisations nowadays offer some forms of internship and management trainee programs in order to prepare their top trainees for the management positions in the future. Big names like Unilever, Coca-Cola and Amazon are also famous for their Management Trainee (MT) programs. With proper training and development for each individual, the company may be looking at their future leaders when they are still in their “infant stage”.

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Topics: Talent Management

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 Rick Yvanovich
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