In today’s economic slowdown, it is quite imperative that there will be a general quest for more for less amongst organizations. Intense global competition will place huge demands on businesses to crank up productivity levers many notches and make the optimum use of their existing talent pool.
In this period of uncertainty, the declining spending pattern is already noticeable. Therefore, the trend that materializes would be the search for opportunity share where only genuinely innovative firms and people will be able to garner a large share of the emerging opportunities.
2012 year will also require companies to create better employee engagement through a climate of connectedness, feedback and development action plans that will be responsible for driving superior performance.