10 Secret Strategies to Recession-Proof Your Business

Sponsored By Coupa

Topics:

Budgeting & Planning > Planning , Strategy

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Abstract:

When the economy is moving forward robustly, most executives focus on growing sales. It's only natural. But inevitably when the economy slows and times get tough that focus shifts. Most executives turn inward, looking at how their business is operating, as they face hard choices on how to preserve the company. As businesses struggle to survive a downturn, leaders generally choose to behave in one of three ways: "the ostrich" - preserve the status quo, and just hope for the best "the bull in the china shop" - blindly cut expenses across the board "the fox" - use the downturn to make your business more effective so when growth returns you'll be in an even better position to move quickly This document explains the ten "secrets" one must consider to deal with the current economic climate

DETAILS

Sponsored by: Coupa

Posted: September 16, 2008

Length: 12 pages

Format: PDF (102 kb)

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