cost cutting

Old Strategies for a New World?

 in Business Environment / Business Planning / Recession Survival & Growth  tagged cost cutting / economic recovery by

A recent McKinsey survey Economic Conditions Snapshot, February 2010: McKinsey Global Survey results[1] is interesting reading – especially Exhibit 2. Exhibit 2 looks at how executives propose to deal with a new economy. It is heartening to note that a large proportion (48%) plan to introduce new products and services […]

Thoughts of Recession: Before you cut the costs 3

 in Business Environment / Economy / Recession Survival & Growth / Strategy General  tagged business strategy / cost cutting / downsizing / organic growth / recession / redundancy / retrenchment by

Sunday’s business section of The Sunday Times fell open to the headline ‘Britain facing huge job losses’. Suddenly breakfast didn’t seem so palatable and indigestion loomed. Apparently, the latest research amongst employers reveals that 38% – very nearly 2 in 5 – plan redundancies over the next 3 months. The […]