SA Amongst World’s Best at Coping with COVID-19 Business Challenges, says Report - News Summed Up

SA Amongst World’s Best at Coping with COVID-19 Business Challenges, says Report


Although organisations worldwide found their businesses disrupted, projects postponed, and strategies challenged during 2020, South African companies were very adept at coping with business-related challenges as a result of COVID-19, says Project Management Institute. In addition to being adaptable, South African businesses displayed a higher tendency than the global average in the prioritisation of fair compensation (48% in South Africa versus 37% globally). This suggests greater accuracy in matching pay to performance despite downward pressure on salaries throughout the challenges of COVID. (Only 12% of South African organisations compared to 19% globally). Project Management Institute (PMI) has, since 2006, conducted the annual Pulse of the Profession survey amongst project management professionals to track trends in project management, delivering original market research based on feedback from project, programme, and portfolio managers from around the world.


Source: The North Africa Journal June 30, 2021 08:26 UTC



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