Introduction Control or empowerment? Stability or agility? Automation or augmentation? Today’s leaders are facing complex choices across work, workforce, and organizational culture. But they don’t have to be either/or choices. This year’s report aims to help leaders find traction in the tensions—and the right balance to support both business and…...
3rd Quarter 2024 Market and Economic Review | FSWA Blog
Key Updates on the Economy & Markets The major development in 3Q24 was the Federal Reserve’s decision to cut interest rates by -0.50%, the first rate cut of this cycle. It came as the Fed shifted its focus, with unemployment rising to a 33-month high and inflation moving back to…...
Challenger Sales Model Summary & Tips
Many sales strategies would lead you to believe that building relationships with prospects is an integral part of the sales process. However, the authors of “The Challenger Sale”, Matthew Dixon and Brent Adamson, have different ideas, which they explain through their challenger sales model. The authors say that when it comes to…...
A Landlord’s Guide to Effective Tenant Screening
Tenant screening is a critical process for landlords aiming to find reliable and long-term occupants for their rental properties. This guide will walk you through the essentials of creating a thorough screening procedure. Read the full article at: www.rentgowalters.com...
6 Recruitment Strategies for Hiring Great Employees in 2024
Understanding the qualities that distinguish top performers in the workplace is critical for any organization. Studies have shown that a small percentage of employees contribute significantly to overall productivity. One found that the top 1% of employees account for 10% of productivity, while the top 5% contribute to 26% of total output.…...
Getting Ready for 2024 | The Sales Blog
I know you are working on ending the year strong. Your sales manager is encouraging you to pull the last couple of deals across the line. But this week, many people will be taking time off to spend with their families and friends, which means your contacts might not be…...
Why Inclusive Hiring Practices Are Important—And How To Implement Them
On June 29, 2023, the Supreme Court ruled that affirmative action at universities, where race and ethnicity is considered a factor for admission and to create a diverse student body, is unconstitutional under the Equal Protection Clause of the 14th Amendment. This ruling has led to confusion among some American…...
How to Win the Talent War in the Property Management Industry
Blink and you’ve missed it. The workplace just changed again. We are in the middle of a tremendous shift in how (and where) people work. And, with the boomers retiring in droves there’s a shortage of experienced property professionals out there. Believe it or not, you’re in a talent war…...
The Future of Travel: Trends and Predictions in the Hospitality Industry
In the grand theater of economic sectors, the hospitality industry has consistently played a lead role. A powerful force in the global economy, this industry has been a cornerstone of growth and development in countries worldwide. But it’s an industry that never stays static; it evolves and adapts to the…...
Vast Majority of Americans Prefer In-Person Job Interviews vs. Virtual
When interviewing for a new job, Americans overwhelmingly prefer an in-person meeting to a virtual format, according to the latest American Staffing Association Workforce Monitor® online survey conducted by The Harris Poll. In total, 70% of all Americans prefer in-person job interviews, compared with 17% who favor video calls and only 9%…...
The supply chain trends shaking up 2023 – KPMG Global
Disruptions to supply chain operations are set to stay in 2023, whether they be existing or new geopolitical conflicts, inflationary pressures and the recessionary environment, climate change weather events, or other issues yet to emerge. They can all impact access to goods and how they flow to their final destination,…...
Creating Synergy: 3 Team-Building Exercises + 3 Pro-Tips
As teams become more diverse and dynamic, organizations are wise to look for ways to improve their performance as a group, and foster strong interpersonal connections within various teams. Creating a collaborative and innovative culture, allowing individuals to contribute their talents leads to company commitment. Building trust comes with practicing…...
3 Ways to Revamp Your HR Processes
With the new year and setting new objectives, you’re likely overwhelmed with all that you need to do. One goal to consider is revamping your HR processes. This can help streamline the way you do business and simplify how you manage your people. Here are three simple ways to revamp…...
Hospitality Financial Leadership – How to Prepare a 5-Year Proforma
Preparing a five-year financial plan for your hotel might sound daunting, but it is all in your head. Let’s lay it out. You are either dreaming about a business that does not exist yet and you need a plan, or you are up and running and you want to look…...
Hotel Budget Season: Are you Ready for 2023? | By Patrick Landman
No time to lose, the next year is almost here. And a good hotel budget plan isn’t made overnight. How far are you with your targets, budget, and plan of attack for next year? What REVPAR and GOPPAR do you need to achieve? Have you gone over what next year will look…...
10 Key Hospitality Management Leadership Qualities
For leaders in businesses whose lifeblood is immediate consumer satisfaction, success hinges on accurately assessing customer needs and motivations. Nowhere is that more evident than in the hospitality industry, where the essence of success is understanding and satisfying a diverse array of people whose ideas of satisfaction range from stereotypical…...
