OFM Business Hour - Incentives in an economic crisis
In the current business environment companies are either surviving, or thriving. Those who are thriving have had “strategic timing coupled with intentionality” on their side, says Nicol Mullins, Chartered Reward Specialist and executive committee member of the South African Reward Association (SARA). Their business model has been aligned to current market conditions and their portfolio agility meant they were able to adapt to change. The ones that are now thriving disrupted their own business models when it was critical to do so.