CoDestiny

Planning For Good And Bad Business Environments

Monday, October 25, 2010 - Permalink
In 2008-09, as the recession took hold, we observed some incredibly solid plans for managing into a downturn.  Relative to prior recessions, firms were very skilled in quickly cutting inventories and taking other actions, many painful, to get through the difficult times that were coming.

What is interesting is how many of these same firms have told us about how hard it is to get their organizations ready to implement growth plans as markets improve.  We’ve had numerous organizations tell us “We’ve missed some chances this year because we weren’t ready.” 

One of the reasons for this is that when growth resumes after a recession, it’s always a bit different than what took place in prior years.  We find that the firms that are best able to take advantage of growth are ones that look at different scenarios, and put implementation plans into place that are able to respond to a changed business environment.

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"Too often growth initiatives miss their targets for lack of well-defined strategies and plans that bring an idea to fruition. CoDestiny outlines a thorough approach, with many real world examples, that clearly increases the odds of successfully creating value for your customer chains. An excellent read for anyone looking to capitalize on growth for their business."

Bill Reitman, Senior Vice President, Sales and Customer Support, Briggs & Stratton Corporation, Milwaukee, WI
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