Thoughts from Dave Mead and discussion about issues and concerns for Small and Mid-size Businesses. Some discussion topics will include strategic planning and execution, improving profitability and cash flow, maximizing value for exit.
Wednesday, April 8, 2009
Is Your Company Prepared?
The previous post "Four Possible Scenarios of the Economy in the Future: How Will Your Company Respond?" was first sent to clients and friends in Issues for Growth Vol.18, No.3 on February 2, 2009. Since that time we have had numerous comments about the likelihood of each scenario. I would suggest that an organization shouldn't focus on "handicapping" the likelihood of future events. Rather, it is important that we think through how our company would respond under each scenario so that we are prepared to thrive REGARDLESS of how the future plays out.
What steps are you taking to be prepared for different versions of an uncertain future?
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