Sluggish economic growth is hardly desirable, but as this author points out, it may be a blessing in disguise. In this article he outlines eight steps that executives can take to help their firms survive a slowdown and emerge as a smarter, more productive enterprise
This is a tough time for the world economy. Canada will fare better than most countries but will not escape unscathed. This too shall pass, but in the meantime Canadian executives should be looking at steps to mitigate the effects on their organizations. The “meantime” may not be a short time.
Reprint from Ivey Business Journal
[© Reprinted and used by permission of the Ivey Business School]