Recent TRG blog posts

High potential employees quitting can be extremely costly. Letting your talents know the company has laid out development programs to prepare them for more senior management roles is one of the most effective methods to mitigate the impact of talent loss. 

We have mentioned time and time again the importance of having leadership development programs in place. Moreover, a closely linked leadership development plan and business strategy can result in stronger, more agile companies.

The global race between manufacturers to streamline their operation in an escalating complex market has resulted in the need for an ERP solution that can handle and solve the unfolding business challenges.  

High potential employees (HIPOs) are the most valuable assets in any organisation due to their outstanding performance, extensive knowledge, skills, and a great desire to succeed in more senior roles. In an ideal world, organisations will garner all of their HIPOs, and then roll out their development programs to train and further develop these future leaders. The thing is, we do not live in that perfect world. 

As you are well aware, expense management is an integral part of many businesses. This normally involves employee travel and entertainment expenses. Yet Aberdeen Report found that 53 per cent of businesses are still managing their travel expenses manually; gone should be days of manually reporting expenses. It is both a demanding and potentially risky process. All this time wasted, used energy and risk of resources can be regained with the use of cloud-based expense management systems.

Over the years the Beyond Budgeting movement has made it much more obvious that businesses should rethink budgeting; how the process works and how it should be utilised. Nonetheless, this new management model is not for everyone despite its advantages. Here are 5 things you should consider before adopting beyond budgeting.

Running a team of more than 4,900 financial advisors serving 1.8 million accounts in more than 2,200 locations worldwide is no easy task. For Raymond James Financial - a Florida-based financial services company - managing their employees’ expenses is among the most challenging aspects of their business.

We are living in the internet boom, where information is transferred without borders anytime, anywhere. ‘Cloud computing’ has recently become the most talked about among IT pros and businesses regardless of sizes. Though surrounded by scepticism and concerns, cloud computing still prospers without any sign of its ending.

In succession planning, individual performance and potential are two decisive criteria that need to be thoroughly studied. When a candidate is pinpointed for leadership bench strength, you are invited to assume that he embraces both high potential and performance.

In previous blogs, we have identified what the qualities of great leaders are - how to develop them is a whole other question. We will discuss the three phases both employees and managers have to go through to develop great leaders.

Read more: An insight to leadership in the age of disruption