TITLE

Tough Times

AUTHOR(S)
Peters, Tom
PUB. DATE
February 2009
SOURCE
Leadership Excellence Essentials;Feb2009, Vol. 26 Issue 2, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses how organizations can cope with the difficult economic conditions. Cash flow and customers are suggested to be at the top of the priorities. The recession can be an opportunity to assess one's business such as its talent pool and market. A business' visibility is said to be important that executives must call clients and suppliers consistently. Transparency involves information dissemination to the people particularly the business' plans and strategies.
ACCESSION #
36964098

 

Related Articles

  • What are you doing about your problem customers? Albertson, Jim // Enterprise/Salt Lake City;12/10/2007, Vol. 37 Issue 24, p8 

    This article offers advice for addressing problem customers. As the 21st century is considered as the Age of the Customer, a company should identify and satisfy major customers to ensure the success of its business. The qualities of a good customer as against a problem customer include: paying...

  • Be Bullish This Year. Lantz, Gayle // Sales & Service Excellence Essentials;Jun2009, Vol. 9 Issue 6, p13 

    The article discusses ways for companies to deal with the impact of the recession. Companies are urged to communicate with employees about the situation and assure them that it is only temporary. Executives are encouraged to promote people who have positive outlook in more prominent and visible...

  • SENSEMAKING INTO STABLE QUASI-COMPANIES. Hägglund, Peter B // Academy of Management Proceedings & Membership Directory;2000, pA1 

    The sensemaking of security analysts is unusual in that it is very robust and possible to translate to many local situations. This study uses their work with valuation models to show how this construction of the companies is done, and suggests the term ëquasi-companiesí to picture the...

  • NAVIGATING THE ECONOMIC DOWNTURN. Morgan, Mark // Strategic Finance;Apr2009, Vol. 90 Issue 10, p25 

    This article discusses business planning strategies for the recession and financial crisis. Issues relating to capital management and managerial accounting under conditions of reduced sales and diminished cash flow are considered. The management of inventory and relationships with vendors and...

  • Retention: The silent profit killer. KEHOE, KEVIN // Landscape Management;Nov2011, Vol. 50 Issue 11, p18 

    The article discusses the things that a person in the landscape business has to do to when faced with a reduction in cash flow. It cites the need to keep and manage an "At Risk List," of customers. It suggests talking with customers about their business concerns which fall into two categories...

  • Cash flow -- the same old same old? Tisdale, Kirsten // Motor Transport;2/19/2009, p8 

    The article presents the author's suggestions and experiences regarding cash flow. His suggestions include planning for cash flow, avoiding disputed charges, never being shy of chasing invoices, and no over-committing. He says that a particular problem for his company was that the customer had...

  • Knock, Knock. Danninger, Jenna // Aqua;Aug2009, Vol. 34 Issue 8, p8 

    In this article the author discusses helpful ways to nurture one's business which requires money, time and effort. She stresses the importance of good customer relations to effectively manage the business. She relates her experience with two hot tub retailers who took the risk to adjust their...

  • HELP SMALL BUSINESSES CREATE A CONTINGENCY PLAN.  // Practical Accountant;Feb/Mar2009, Vol. 42 Issue 2, p10 

    The author discusses the suggested contingency plan for small businesses caught in the economic crisis. According to Ed Hess, professor of business administration and executive-in-residence at the Darden School of Business at the University of Virginia, to have a well-conceived contingency plan...

  • Emerson Electric EMR. Peters, Josh; Holland, Daniel // Morningstar DividendInvestor;Oct2012, Vol. 8 Issue 9, p18 

    The article focuses on the financial report of Emerson Electric Co. The company despite the recessions in 2001 and 2009 has maintained steady growth and emerged as one of the most diversified industrial firms. The company revamped itself after the 2002 recession and invested in new sectors after...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics