Five Key Management Tactics for Surviving Financially Trying Times
We all share many of the same fears and uncertainties surrounding the current recession; it may seem overwhelming to consider the market implications, the challenges, as well as the effects your organization might encounter in the coming months and yearsbut those management teams that are looking (or wish to look) ahead in order to confront and combat difficulties can keep the following strategic moves in mind: Focus on your future. Concentrate your business portfolio on 'long-term' winners and target your most valuable customers. Prepare to weather the storm. Lower your breakeven to remain profitable under the worst-case . . .
