South Africa has entered a technical recession and with that organisations – large, medium and small – need to prepare themselves for immense challenges. Seugnet van den Berg, Director at Bizmod says that, “With the current economic backdrop, market conditions are tough, and businesses will be undertaking organisational restructures mergers and consolidations as part of their strategies to be successful or simply to survive.”
Ultimately, whatever the strategy is, companies are going to have to rely on their employees to unite as a team and make plans a reality. “Herein lies the problem,” says van den Berg, “talented and competent individuals do not always translate into talented and competent teams.”