There is no ‘one-size-fit-all’ solution to deciding on the most suitable types of award for an organization. It is the ‘horses-for-courses’ approach that works best – a combination of different award types to fit different situations within the organization.
Innovation is the key for organizations to develop sustainable competitive advantage. Creating a culture of innovation through employee recognition can be an effective way for organizations to drive innovation and business growth.
Mindfulness at work is an effective way to create a low stress, highly productive and positive work environment. Given its benefits, organizations need to effectively promote its practice among the workforce.