The Great Recession has changed market attractiveness — perhaps for the long-term — for many, many organizations. The ability to adapt will determine the survivors and thrivers. Therefore, let’s take a closer look at four key points.
First, the ability to adapt and the ability to react are not the same.
We react to a contract being [...]
Continue reading about The ability to adapt – four key points
Whether you’re starting, repairing, renewing, or reinventing your enterprise, the Infochachkie blog offers a well-considered assessment of the downturn climate and how it can be seen positively.
I found it a worthwhile list — except for the first item which implies that reduced prospects for investor funding may be more blessing than curse. Instead, I’d add [...]
Continue reading about Ten reasons to start a company in an economic downturn
If we stop and examine how businesses and organizations respond to a recession, there are five basic strategies beyond short-term steps to conserve cash. They can be used individually or in combination and the best choice is a function of market conditions, your current capabilities and resources, and your goals.
I’ll be discussing the what, when, [...]
