Staying a Step Ahead in a Downturn

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In these turbulent times, businesses are facing an uncertain future and conventional business models may no longer be viable. Nobody can predict what is likely to happen to the overall economy, but to survive companies need to develop new strategies.

This article discusses some of the key approaches organizations can take with regard to finance, operations and strategy in order to navigate through a downturn successfully. This article was originally published in the May 2009 issue of Lexpert magazine and is reprinted here with permission.