There is no doubt that all companies are today facing pressures that challenge every management team.
However, this should also provide an opportunity to drive change, not just for survival, but to provide a launch pad for the future.
Consider:
As your competitors slow down, or close, can you pick up new business?
Are you re-engineering your costs to be more efficient or just cutting down?
Are you protecting your key assets (products, people, places)?
Are you really satisfying your customers and building their loyalty?
Are there new products or services you can offer?
Have you refocused your marketing (audience and delivery)?
The instinctive reaction of most management is to keep cutting costs when faced with declining revenues. Too often they come to a point where there are no further cost reductions available without damaging the business.
Let us help you build a business plan that is realistic and that will help reposition your company for the future.