![]() ![]() Ask most lottery winners how that turns out. Simply put, if your business is doing great, don’t spend like it is going to last forever. So, it’s okay to be paranoid about your business and to avoid extra spending where you can. It only takes one smart move for your competitors to get ahead of you. If you think things are set in stone, you are wrong. Having a healthy paranoia that the subsequent economic downturn is just around the corner enables you to fuel your hustle. So, it is sensible to be a little dubious and have a plan for downturns. The past recessions have taught that to most of us. ![]() Have a Plan for Economic RecessionsĮconomies and markets change. This requires daring managers or paranoid leaders to break bad policies in order to do what is needed. ![]() Give individuals – who are creative and talented – the power of decision-making. However, if you are lower down in a company strangled by red tape, it is time to take risks. Hence, big companies or businesses must determine a way to stay quick-witted.Īre you in a senior position? Your job is to empower your team then. Small businesses or companies often stand a better chance of promoting creativity and innovation to launch a product in the market. Once you have hitched up your paranoia, it’s high time to ascertain that your office culture is ready for the challenge of staying at the top. You need to be vigilant to stay as many steps ahead of them as you can. Keep one eye on what they are up to and one eye on the future.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |