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Posts Tagged ‘strategy’

Recession Proof?

Blog, Business, Cashflow, Crisis, Economy, Finance, Input, Output, network No Comments »

Interesting article here:
http://www.irishmedicalnews.ie/index.php/component/content/article/1-news/440-health-charities-funding-concern

But it got me thinking about the term “recession proof”. I don’t think any organisation (with the possible exception of high street banks, given the government’s recent action) can ever be recession proof.

The best any business can hope to be is aware of the economic climate, and be able to adjust its business plan accordingly. Periods of growth demand a different strategy from a period of decline.

Are businesses out there struggling because they are unwilling to take the steps required to stay in good shape? No business has a “god-given right” to survive, not even a charity.


November 12th, 2008 |

Tags: Crisis, economic, growth, recession, strategy




Who sets the strategy?

Business, Crisis, Finance, Input, Output, Starting No Comments »

Interesting business breakfast this morning. Good pitch by a local authority strategic director.

Raised a chicken and egg question: which come first, the housing or the jobs? This is made particularly tough by the fact that each is “managed” by a different body. How quickly can a local authority react to a change in business needs? Would you locate to where the staff are, or base yourself in a place you like to live? Which can be changed quicker: the skills, or the availability of staff?

Must be a tough job predicting what we will need in 10 years time when most folk don’t know what they will have in 10 weeks time.


November 4th, 2008 |

Tags: Cash, future, profit, strategy, success




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