Economic downturns require extraordinary leadership. They require
brutal honesty. They require action. If your market and company are
truly in trouble, here are some turnaround strategies (learned the hard
way) to weather the storm so you can live to fight another day.
Reading the Wall Street Journal and watching CNBC lately
can drive a person (namely me) to drink. Which is fun, but beyond
answering the question, "Which scotch will I drink?," the seminal
question is "How do we thrive in a downturn?"
It's easy to be great when things are going great. The real test of
leadership is who are you when things are tough. Leaders take market
share in bad times, and losers lose share, money, and market cap.
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information is solely for informational purposes and
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Enterprises, Inc. has created materials, methodologies, and practices
that are proprietary. All intellectual property associated with these
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engagement shall remain the property of LOCHHEAD Enterprises, Inc.
Point-of-View Marketing, Multiplier Effect, Lightning Strategy are
trademarks of LOCHHEAD Enterprises, Inc.
This content may not be
reproduced or redistributed, in whole or in part, without the prior
written consent of LOCHHEAD Enterprises, Inc. Additional Warnings (not a complete list):
All products contain nuts. Skiing is a dangerous sport. Politicians
lie. Not all babies are cute. The beverage you are about to
enjoy is extremely hot, so don’t pour it on your crotch. Not to be
taken in conjunction with prescription medication without consent from
your doctor. Whisky will make you drunk. Don't forget to have your pet
spayed or neutered.
Failure
to comply with this notice could result in long, expensive
lawsuits, an outbreak of zits, hives and/or, but not limited to
venereal warts.
People making
financial, business, and/or life decisions based on this content do so
at their own risk. Not recommended for people who are politically correct, overly sensitive or considered to be uptight.
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