Did you know that since 2000, 52% of Fortune 500 companies have gone down the road to failure? Technology disruptions are the main reason these companies either went bankrupt, acquired, or ceased to exist.
One of the reasons why applicants churn from certain programs is the ambiguity related to the application process. Never hearing back from a program can be disappointing, especially if the applicant spent a long time filling in their application form.
Organizing an awards program can be a lot of work, many tasks to manage at the same time, and several stakeholders to communicate with, we feel you! However, if your aim is to increase the quantity and quality of applications received, you will need to add some more tasks to the list!