Managing the Business in Tougher Times
When times are good and product is moving, companies can run a little blind. It is not unusual to discover that your processes and procedures have not been monitored as closely or as critically as they possibly could, or should. Reducing costs and overheads is usually the first place to turn to when market conditions tighten. But cost-cutting is never as simple as it may seem. It may even prove counterproductive if it diminishes your competitive edge. Perhaps the first place to look is your own backyard, particularly at the systems that should be providing you with a window into how things really are.
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