Changing the Mindset
Challenges around energy use, sustainability, health care, transportation and education will create opportunities in almost every industry. In order to take advantage of these opportunities, business owners need to start thinking today about how their business can leverage these opportunities in the future.
Severe Summer
If the revenue pie is shrinking, companies have to work smarter to keep a share commensurate with past revenue levels.
Summertime, and the livin’ ain’t so easy
Business owners and the advisors who serve them need to acknowledge where their companies stand. Here are a few sign posts to look for in each area.
Perspectives from Las Vegas – A Different Approach
Once we see the bottom, business owners and corporate leaders will need to show a little love to the employees who sacrificed bonuses, 401K matches, and pay raises to help the companies survive.
Coping with Recession
I met with a business owner/client last week. He described his business outlook by saying, “I can’t see the bottom. 2009 will be about survival for my business.”
Planning for 2009 – Does your staff know better?
With the backdrop of deep global recession, many companies may feel a good way to control costs is by terminating employees. This type of approach indicates that senior management thinks of employees as a cost, not an asset.
Reading List: Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis by Paul Muolo and Mathew Padilla
This is one of the first post-mortems of this mess we are now experiencing. It’s a play-by-play of derivatives, syndications, and the spread of toxic paper, made in the U.S.A and exported around the world. If you can stomach it, it’s a comprehensive analysis.
