Challenging Times: Time to Reassess the Plan
These are challenging times indeed. The contracting economy requires new tactics and strategies. The events that took place when the tech bubble burst early in this decade and the conditions in the marketplace after 9/11 are all too familiar. Some of the same fear from a business point of view is present today, many times over, it seems.
It is a time for calm, clear thinking, not for panic. But that does not come easy. We are going to lose some companies along the way. Some have been hanging on for a while and now are going over the edge. Some of that may be attributable to the inevitable, companies without a clear business model, inferior products or services, or inexperienced or incompetent management.
Others are simply at the wrong place at the wrong time. More>>>