The reality in any struggling organization is, however, that events such as parties and away days will need to be cut – it’s often just a matter of economics. One of the problems I’ve experienced at previous organizations is that these are often not replaced with less expensive activities that can be just as rewarding from an employee motivation standpoint.

It’s up to the CEOs and other chief execs to ensure these team and creative activities still take place if they’re committed to their organization coming out the other side of the dip stronger than ever. If this doesn’t happen, at least mid-level managers can address this at the individual team level to help ensure that the team members they’re responsible for continue to be as happy and productive at work as they’re able to.