Team motivation is a widely covered topic in the Organizational Behavior stream, yet most managers often feel a disconnect between the practice and theory of motivating employees to achieve more.
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Funeral benefit solutions are usually value-adds in the funeral policy world, the most popular being the grocery benefit. This is meant to bridge the gap between the reality of losing a loved one, who is most likely also the policy holder, and the payout of any life insurance policy to the dependents.
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Funeral cover is a booming business in South Africa. According to a 2011 estimate made by the Financial Services Board, funeral premiums in the country totaled R4.9 billion that year. However, like many established markets, innovative and customer-centric solutions don’t always make it to policyholders.
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Technology has propelled humankind into a fascinating future, but are we creating technology solutions to solve problems that really matter? …
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Technology has propelled humankind into a fascinating future, but are we creating technology solutions to solve problems that really matter? In this two-part series, we explore a brief history of how technology made its impact in our lives, ask other important questions, and share what’s next on the horizon for TuYu.
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You’ve just been tasked with developing a new consumer rewards program and you’re caught completely off-guard. You’ve heard that these kinds of programs can work and be highly successful, but you have no idea what goes into building one. The more time you spend researching incentive programs, the more you begin to understand that if you really want to launch and drive a successful program, you’ll need to do a good job of selecting the right consumer rewards.
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There’s always a rush to close more business and handle more customer requests towards the end of the year. Your clients are preparing for the holidays, clearing their inboxes and making sure as many projects as possible can be completed to guarantee a guilt-free holiday. But without the right staff incentives, you’re likely to fight a losing battle. There’s a good chance that your staff are also feeling the rush, but fatigue from a taxing year may have forced them into holiday mode already.
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We’re almost in the fourth quarter of 2017 and it’s been a tough one for our economy. If you’ve been paying attention to the news, we’ve officially moved into a recession. Stats SA reported our economy to have shrunk by 0.7 percent. This marks the eighth recession we’ve experienced since 1961, with the longest having been from 1991-1992.
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There’s much to be excited about where technology is taking business. New technologies like mobile digital wallets will propel commerce to new heights.
However, it may be hard to see the a bright future in midst of the challenging retail climate. According to a report by Ernst & Young, the retail industry’s going through some of its toughest times. Spending is recovering but remains brittle, and inflation is creating even less room for profit as sales volumes have slowed. Growth in Africa has also dwindled, with 2016 showing the lowest growth achieved over the last 20 years.
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It’s no secret that digital transformation is a must for businesses. If you’ve been on LinkedIn lately, you’ve likely seen more than one post related to Artificial Intelligence and how it could change everything that we do.
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