Carpe Diem: Five Silver Lining Strategies for Recession
Carpe Diem: Five Silver Lining Strategies for Recession
A gray day provides the best light - Leonardo Da Vinci
As inflation and interest rates rise, many businesses and economists anticipate a recession is on the horizon. Organizations that prepare now will be better positioned to navigate a downturn than the competition. They will also be poised for faster growth coming out of the downturn as market conditions improve.
We’ve examined five strategic moves to prepare for recession:
1. Variabilize your cost structure
2. Pause for profitability
3. Segment and simplify
4. Optimize your value chain
5. Plan proactively