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PODCAST | Sustainability and the Growing Role of Paper Barrier Solutions

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Building a Winning Team: The Volunteer Blueprint

Building a Winning Team: The Volunteer Blueprint jhammond@desti… Tue, 07/02/2024 - 17:59

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Volunteers play a vital role in the tourism industry. Understanding successful strategies from global destinations can help your destination organization build sustainable volunteer cultures that enrich community engagement and event success, fostering positive change in tourism and beyond. 

5 min read

In the dynamic tourism industry, the heartbeat of success often resonates from the dedication and passion of volunteers, who embody the spirit of community and service. Their commitment transforms events into unforgettable experiences, fostering engagement and a sense of community spirit. Yet, cultivating a sustainable volunteer culture poses challenges for destination organizations. This blog explores best practices in volunteer workforce development by drawing insights from global destinations that illustrate effective strategies in communication, recruitment, retention, and appreciation, all while aiming to enhance long-term success and sustainability. 

Building a Sustainable Volunteer Culture

Effective communication is a cornerstone in volunteer workforce development, ensuring volunteers feel informed, valued, and connected to the organization's mission. In Malmö, Sweden, the kick-off event at Baltiska Hallen for the Eurovision Song Contest rehearsals exemplified this by inspiring 400 volunteers through communication pieces demonstrating the transformative power of cultural events for their community. This information allows volunteers to understand their importance in fostering community engagement and volunteerism. 

Destination Tips: Utilize communication pieces to highlight the organization's mission and volunteers' impact. Ensure the volunteers have a voice by providing surveys for feedback so that next year, the event can be enhanced. Clear and consistent communication can make volunteers feel more connected and appreciated, improving their engagement and commitment to the community.  

When building a volunteer culture, the Florida Sports Foundation highlights the importance of apprising, acclimating, and assigning volunteers according to their aptitude. They provide comprehensive information about their various events to ensure volunteers feel informed and confident. Regular meetings are held to help volunteers become comfortable with the staff and foster a sense of belonging, making them feel valued and more likely to return. The Florida Sports Foundation matches volunteers to roles that suit their skills and interests, enhancing their experience and effectiveness. By investing in these strategies, the Florida Sports Foundation ensures volunteers feel connected, appreciated, and integral to the event’s success.  

Destination Tips: Assigning posts where the volunteer feels they can excel in their skillset will make them feel confident in their abilities. Having procedures where the organization's staff can understand and get to know their volunteer base will showcase their commitment to valuing their volunteers and better assist in assigning posts. Personalizing training approaches will allow volunteers to feel prepared and connected to the organization's mission, enhancing their confidence and comfort and building a sustainable volunteer culture. 

The 2023 UCI Cycling World Championships in Glasgow and across Scotland offer an exemplary model of effective communication and volunteer engagement. This inaugural event brought together thirteen individual UCI Cycling World Championships, relying on 3,500 volunteers. The Volunteer Strategy employed for the Championships recognized volunteers' vital role and incorporated key learnings from previous events. A Volunteer Learning Portal provided access to various training programs, including an Equality, Diversity, and Inclusion module, which allowed volunteers to enhance their skills and understanding. Event Delivery Partners (EDPs) further supported inclusivity by briefing volunteers on inclusion and accessibility and offering specialized training sessions, such as Mental Health Awareness and Deaf Awareness.


Enhancing Recruitment and Retention

Personalized recruitment strategies tailored to individual interests and skills effectively attract and retain diverse volunteers. Destination Markham works diligently in community outreach strategies by forging partnerships with local educational institutions, businesses, and community groups, thus cultivating a robust volunteer network. Emphasizing the professional and personal development opportunities associated with volunteering fosters long-term engagement. A mentorship program and social events outside the volunteer event cultivate a sense of belonging and camaraderie among volunteers, contributing to overall satisfaction and retention.  

Destination Tips: Personalized recruitment efforts, such as targeted marketing campaigns showcasing the impact of volunteer work through videos and testimonials of past volunteers, can attract a broader demographic. Creating social media campaigns with specific hashtags can help recruit volunteers by reaching them based on their interests, ensuring a steady influx of passionate volunteers. 

Celebrating Volunteer Contributions

Recognition and appreciation are fundamental in sustaining a robust volunteer base. Initiatives such as Volunteer Appreciation Weeks and special events publicly acknowledge volunteers' contributions, reinforcing their value to the organization and the broader community. The Mat-Su Convention and Visitors Bureau, which hosted the 2024 Arctic Winter Games, recruited and trained 2,000 volunteers over two years. The destination organization ensured these dedicated individuals were celebrated for their vital roles in the event's success, thus boosting morale and inspiring continued engagement. Visit Indy's approach emphasizes treating volunteers as valued team members. Comprehensive volunteer experiences include providing uniforms, materials, and even fanny packs as part of the volunteer uniform, ensuring that volunteers are well-prepared, valued and feel a part of the organization.  

Destination Tips: Recognizing the importance of appreciation, such as hosting thank-you events throughout the local community and volunteer appreciation posts across social media, ultimately improves the volunteer experience. Anything an organization can do to boost morale will reinforce the volunteers' commitment. Even a small personalized thank-you note will enhance the volunteer culture.   

Embracing Diversity and Inclusion

At its core, workforce development through volunteerism thrives on inclusivity. Organizations enrich their volunteer programs by embracing diversity in backgrounds, perspectives, and abilities, fostering innovation and resilience. Snohomish County Sports Commission exemplifies this through its integrated approach to volunteerism. By leveraging strong ties with local schools, businesses, and community organizations, they offer accessible volunteer roles and ensure equitable opportunities, empowering individuals from all walks of life to contribute meaningfully to sporting events and community initiatives. Creating flexible and diverse volunteer opportunities that cater to different preferences and availability is essential for maintaining engagement. This can include short-term and long-term volunteer projects, accommodating volunteers' schedules, and creating roles catering to various interests and skills. The inclusivity efforts at the 2023 UCI Cycling World Championships showcased this. Volunteers from 73 nationalities and ages 16 to 82 further highlighted the event's commitment to inclusivity. 

Destination organizations can build robust volunteer programs that drive workforce development and enrich community life by implementing inclusive practices, celebrating contributions, and nurturing meaningful connections. Ensuring that your organization has effective communication in conveying volunteer impact along with the organization's mission will be essential in developing the workforce development for volunteers. Volunteers' need for personal and professional growth and social integration should be considered when designing volunteer programs. Volunteers' unwavering dedication to their community ensures events are transformative experiences that unite and inspire the community. As we look ahead, let us continue championing volunteerism as a powerful force for positive change in tourism and beyond. 

About the Author

Peyton Glover

Membership Engagement Coordinator
Destinations International

Born and raised in Nashville, Tennessee, Peyton Glover has cultivated a robust background in destination marketing and sports marketing since earning his bachelor’s degree from Middle Tennessee State University. Peyton is the Membership Engagement Coordinator, leading initiatives to enhance workforce development and community engagement. With a keen interest in sustainable travel and community enrichment, Peyton is dedicated to leveraging his skills and experience to foster impactful connections within the tourism and sports marketing sectors. 

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AUDUSD falls to swing area low target ahead of the extreme low from last week. What next?

The AUDUSD has moved lower to a swing area low at 0.65357. The high of the swing area comes in at 0.65537. It would take a move above that level and then the 61.8% at 0.6575, to give the buyers more confidence and cause the sellers to have some cause for pause.

ON the downside, a break of 0.6535 would target the low from last weekend 0.6511. That is near the last two session lows going back to early August. oh below that level and traders look toward 0.6463 to 0.6486.

The price action last week in the AUDUSD was up and down with big moves in either direction.Through the first two days of this week, volatility is less, but the bias is more to the downside. That bias would be even more bearish if the 0.6535 level can be broken along with the low price from last week at 0.6511.

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AUD/USD Summary

The AUD/USD fell to a swing area low at 0.65357.

Key Points:

  1. Swing area: 0.65357 (low) - 0.65537 (high).

  2. Buyers need a break above 0.65537 and 0.6575 (61.8% level).

  3. Sellers target last weekend's low: 0.6511.

Outlook:

Bullish Scenario

Move above 0.65537 and 0.6575 boosts buyer confidence.

Bearish Scenario

Break below 0.6535 and 0.6511 confirms bearish bias, targeting 0.6463-0.6486.

Levels to Watch:

  • Resistance: 0.65537, 0.6575

  • Support: 0.65357, 0.6511, 0.6463-0.6486

This article was written by Greg Michalowski at www.forexlive.com.




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Deribit and SignalPlus Launch $200,000 Winter Trading Competition

Deribit, the world’s premier Bitcoin and Ethereum options exchange, in partnership with SignalPlus, a leading options trading dashboard and analytics hub, is excited to unveil the second edition of the Winter Trading Competition 2024.

This year's competition offers participants a $200,000 USDC prize pool, along with various prizes such as iPhones, PlayStation 5s, and other rewards. Additionally, participants will benefit from valuable learning opportunities and insightful trading sessions designed to enhance their skills and strategies, making this the biggest and most rewarding crypto trading contest of the year.

The Winter Trading Competition 2024 is open to all retail participants who utilize their Deribit accounts to trade cryptocurrency options, futures and spot on the SignalPlus platform. Registrations are open and will remain open until December 9th 2024. The competition begins today November 4th to December 9th, 2024, spanning 35 days of intense trading action.

US Election Registration Bonus As an added incentive, traders who register by November 5 will receive a US Election Option, available as part of a limited-time bonus. Registrations remain open until December 9, 2024.

Luuk Strijers, Chief Executive Officer at Deribit, “We’re thrilled to launch the second edition of our trading competition in collaboration with SignalPlus. Following the remarkable success of last year’s iteration, we are excited to raise the bar even higher this time. The growth and enthusiasm we witnessed have inspired us to expand the competition, offering even more opportunities for participants to showcase and expand their skills.”

Competition Highlights:

  • Prizes and Rewards: Compete in both individual and team categories, with special bonuses for team leaders and daily prize draws.
  • Referral Program: Up to 10,000 USDC in rewards is available through a referral program for inviting others to register and trade on Deribit.
  • Sign-Up Incentives : Bonuses are available for all registrations, first trades, and inviting friends, with participants eligible for prizes that range from cash rewards to tech products.
  • Luxury and Variety: Participants have the chance to win various rewards, including iPhone 16s, iPads, Apple Watches, cash prizes in USDC, and travel to Thailand.
  • Prestigious Recognition: Top individual winners will earn honorary certificates, while winning teams will take home trophies.
  • Learning opportunities: Participants will also gain access to six master-level options AMAs (Ask Me Anything sessions) and Deribit’s product training hosted by industry experts, available absolutely free. These sessions are designed to elevate trading skills.

Chris Yu, Co-Founder of SignalPlus, added: “We’re excited to collaborate with Deribit on this landmark trading competition. At SignalPlus, our mission is to enhance the trading experience through innovation, and this event reflects that commitment. By combining our advanced technology with Deribit’s robust platform, we’re offering participants an unparalleled opportunity to engage with crypto options in fresh, dynamic ways, pushing the boundaries of strategy and skill.”

Competition Rules and Rewards:

  • Individual Race: Individual participants will compete through semi-final and final stages, with prizes awarded to the top 35 traders. The highest-ranking trader will earn up to 5,000 USDC.
  • Team Contest: The top five teams will win prizes ranging from 1,000 to 5,000 USDC. Additionally, each day for 35 days, one team member will win a luxurious trip to Thailand.
  • Daily Draws: For 35 consecutive days, 111 lucky participants will win cash rewards daily.
  • Daily Lucky Ranks: Every day, 9 special traders will receive prizes ranging from 10 to 300 USDC.
  • Extra Incentives: Over 10,000 bonus prizes are available for registering, inviting friends, and making your first trade – the rewards keep flowing!

Key Details:

  • Prize Pool: 200,000 USDC.
  • Registration Period: October 23rd – December 9th, 2024.
  • Competition Period: November 4th – December 9th, 2024.

Seize the opportunity to compete with top traders globally and start your journey toward exciting prizes today!

About Deribit

Deribit (https://www.deribit.com/) is a centralized, institutional-grade crypto derivatives exchange for options and futures trading. With state-of-the-art infrastructure, Deribit offers instantaneous price discovery, low-latency trading, advanced risk mitigation services, and deep liquidity through a network of top-tier market makers. Led by a team with decades of experience in options trading across all markets, Deribit facilitates a significant majority of all crypto options trading and adheres to robust proof of assets and liabilities procedures to ensure the highest standards.

About SignalPlus

SignalPlus provides a world-class options trading dashboard that covers risk tracking, profit/loss attribution, strike and theta analysis. Users can execute multi-legged orders with embedded algorithms to minimize slippage and conduct in-depth profit/loss and exposure assessments using simulation tools and scenario analysis. SignalPlus also automates delta hedging across varying market conditions and offers real-time trade notifications through Telegram, empowering traders with the insights and tools needed for successful trading.

This article was written by FL Contributors at www.forexlive.com.




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Octa Broker Explains Early Market Reaction Following Trump Victory

What we know so far

As of 7:00 a.m. UTC, most data providers, including ABC, CBS, NBC, and CNN, projected that Donald Trump would become the next president of the United States. However, even as Trump’s victory looks almost guaranteed at this point, it is the balance of power in the U.S. Congress that will determine how successfully and effectively the next president will be able to govern.

So far, Republicans have won an extra seat in the Senate, but neither of the parties has a clear advantage in the battle for the House of Representatives. Overall, the counting of votes is still at a relatively early stage, and it could be hours or even days before a final outcome is known. The contest will come down to seven swing states, only three of which (North Carolina, Georgia, and Pennsylvania) have been most likely won by Trump so far. Still, judging by the latest market reaction, it appears reasonable to infer that global investors are pricing in a decisive victory by Donald Trump.

What has been the impact so far

As of 7:00 a.m. UTC, the global markets were positioned for Donald Trump’s victory. U.S. Treasury yields and U.S. stock benchmark indices rallied sharply, pushing the U.S. Dollar Index (DXY) higher. Given that, it is no wonder other major fiat currencies plunged, with EURUSD and GBPUSD down 1.82% and 1.32%, respectively, while bitcoin hit a new all-time high of $75,410, as per Coinbase.

'Such a dramatic shift in market sentiment is explained by Trump’s official policies, or more precisely by the possible effect these policies are likely to have,' says Kar Yong Ang, a financial market analyst at Octa Broker. 'Generally, it all boils down to Trump's tax, immigration, and trade policies, which differ greatly from what Harris proposed. The market perceives them as inflationary, which is why we are seeing a bullish impact in the U.S. dollar.'

The United States controls the world's primary reserve currency, the U.S. dollar, so only a few countries will not feel the effect of the latest U.S. presidential and congressional elections. Major currencies are already experiencing the initial impact. 'Major currencies are falling predominantly because the U.S. dollar is rising, but there is also a fear that Trump's policy on tariffs may hit their domestic economies,' Kar said.

Indeed, the primary reason for such a dramatic decline in EURUSD, for example, is that investors fear that Trump's policies on immigration and taxes will spur inflation and force the Federal Reserve (Fed) to tighten its monetary policy. This may expand the interest rate differential between the two economies, favouring the greenback. In addition, Trump has repeatedly threatened to impose tariffs on certain European goods like autos and chemicals. According to some analysts, Trump's proposed 10% universal tariff on all U.S. imports may erode Europe's GDP by up to 1.5% or about €260bn.

A similar kind of impact may await the United Kingdom, where Trump's blanket tariffs would hit billions of pounds of U.K. automotive, pharmaceutical, and liquor exports. It stands to logic that GBPUSD was down more than 1.3% today.

For similar reasons, CNYUSD (Chinese renminbi / U.S. dollar spot rate) hit a 3-month high. 'For the Chinese economy, the risks are even greater, as Trump promised to impose higher tariffs on Chinese goods. On top of that, under his administration, tensions are likely to grow over the CNYUSD exchange rate,' comments Kar Yong Ang, a financial market analyst at Octa Broker. Although the currency policy of the future Trump Administration is unclear, in his interview with Bloomberg, he had this to say: ‘We have a big currency problem because the depth of the currency now in terms of strong dollar / weak yen, weak yuan, is massive.

Interestingly, the impact on the gold market has been relatively muted so far. As of 7:00 a.m. UTC, XAUUSD was down 1.2%, but historically, it is not a significant swing, especially given how much the U.S. dollar has strengthened. 'Because Trump's victory appears to be decisive, it lowers the probability of social tensions in the U.S., which is not a minor factor considering how fractious U.S. politics has become lately. Thus, XAUUSD is selling off, but I think there are bullish risks ahead as relations between China and the U.S. turn bitter,' comments Kar Yong Ang.

Indeed, Donald Trump will likely heighten the Sino-U.S. trade tensions, which is a positive factor for gold in general. In addition, Trump's massive tax cuts will likely expand the U.S. fiscal deficit and may turn some strategic investors away from the U.S. dollar and into gold and bitcoin. In fact, BTCUSD hit a new all-time high on the news of Trump's potential victory. He is seen as more actively supportive of cryptocurrencies than Harris.

In the short term, all the bullish dollar trades may temporarily reverse as traders buy the dips in EURUSD and GBPUSD in hope of a technical rebound. In the long term, however, the bearish pressure on these pairs will likely persist.

About Octa

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Since its foundation, Octa has won more than 70 awards, including the ‘Best Forex Broker 2023’ award from AllForexRating and the ‘Best Mobile Trading Platform 2024’ award from Global Brand Magazine.

This article was written by FL Contributors at www.forexlive.com.




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AMEGA Launches the Lucky Deposit Draw – Your Chance to Win Every Month!

Introduction to Amega

Amega is a multi-award-winning global financial broker, authorized, licensed, and regulated by the Mauritius Financial Services Commission under investment license No. GB22200548. Its mission is to make trading simple and accessible to traders of all levels and backgrounds, through the introduction of new technologies, groundbreaking innovations, and a client-first mentality. Amega prides itself on providing a safe and transparent trading environment, allowing investors to trade a variety of assets with unparalleled ease of mind.

The Lucky Deposit draw

Amega’s Lucky Deposit Draw is here to give traders a monthly boost!

Participating is simple! All you need to do is make a minimum deposit of $50 during the month and have an active trading history with Amega. Once you're eligible, you'll be entered into the lucky draw, where 5 lucky traders will walk away with incredible monetary prizes that can be used to trade or be withdrawn as physical cash.

What are the prizes?

1st winner: $100 2nd winner: $80 3rd winner: $60 4th winner: $40 5th winner: $20

Every month, there’s a fresh chance to boost your trading capital or cash out — it’s up to you! The Lucky Deposit Draw is your monthly opportunity to win, and Amega is here to make sure you have the chance to get ahead. No complicated requirements – just trade, deposit, and win!

Ready to make this month your lucky month?

Sign up today, create your account in seconds, make your deposit, and get in on the draw!

Visit amega.finance to learn more about Amega and its many benefits, such as the Loyalty Cashback Program which offers volume-based cash rewards for every single trade, regardless of the market direction. Good Luck!

This article was written by FL Contributors at www.forexlive.com.




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PILOT Announces Winning Teams for 2024 Innovation Challenge

Washington, D.C. -- PILOT, the innovation arm of the National Association of Broadcasters (NAB), today announced Amira Labs, AudioShake and Chord Communities as the winners of the 2024 PILOT Innovation Challenge and named Black Stock Footage and ConnectionOpen as honorable mentions. The winners will receive a trip to the 2024 NAB Show, held April 13–17, in Las Vegas. They will also be given exhibit space on the convention floor to demonstrate their products to potential customers, investors and partners, and the opportunity to present their findings in the Connect Zone Theater.




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NAB Show Honors Excellence in Sustainability Awards Winners

NAB Show today celebrated sustainability champions in six categories during its annual Excellence in Sustainability Awardsceremony.




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NAB Show Honors Excellence in Sustainability Awards Winners

NAB Show today celebrated sustainability champions in six categories during its annual Excellence in Sustainability Awards ceremony.




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2024 NAB Crystal Radio Award Winners Announced

Las Vegas, Nev. -- The National Association of Broadcasters (NAB) today announced the 10 winners of the 37th annual NAB Crystal Radio Awards. Since 1987, the NAB Crystal Radio Awards have recognized radio stations for their exceptional year-round commitment to community service. The 2024 NAB Crystal Radio Award recipients listed below were chosen from 50 previously announced finalists.




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NAB Show Announces Winners of 2024 Product of the Year Awards

Las Vegas – NAB Showtoday announced the winners of its prestigious 2024 Product of the Year Awards during a ceremony at the Las Vegas Convention Center. The awards recognize and celebrate the most significant and promising new products being exhibited at the Show.




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NAB To Open 2024 Marconi Radio Awards Nomination Window

Washington, D.C.— The National Association of Broadcasters (NAB) announced today that the 2024 Marconi Radio Award nomination window is open through May 31. Established in 1989 and named for inventor and Nobel Prize winner Guglielmo Marconi, the Marconi Radio Awards recognize overall excellence and performance in radio.