Carpe Diem: Five Silver Lining Strategies for Recession

A gray day provides the best light - Leonardo Da Vinci

Companies are facing continued turbulence due to rising inflation, higher interest rates, supply chain disruptions, and volatile consumer demand. Prominent business leaders and economists believe we are on unstable ground, and while it's uncertain if or when a recession will occur, its duration, or severity, companies should take decisive action to prepare. Historical evidence suggests that organizations that proactively prepared for recessions were better positioned for success afterward.

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

Grow Your Business with the 80/20 Principle