Managing in a Downturn – On the Road Less Travelled
30th July 2008
How are you preparing for tougher times ahead? The conventional management response during a declining economy would be thinking ‘which business units to close and what costs to cut?’ Few people are painting a rosy picture with the current economic climate and some countries are already experiencing a recession although not as severe as the Great Depression in the 1930s. The Economist reported that during the 2001’s American recession, Singapore, Hong