Business Council Recession and Crisis III
6. Adopting a conservative attitude on the finances. Avoid aggressive financial management and investments. Markets are again volatile credit, foreign exchange markets and the overall economic situation is more expensive.
7. Identify and motivate key managers for the company. Without people, there are companies, and in times of crisis, inevitably identify key management team has to retain at all costs, encourage and work as a team. It is a differential value.
8. Extend and expand markets. Although it may seem a contradiction, the hard times to help companies find new market segments that would otherwise not seek or are forced to pass once the expansion projects that often postponed. If the target market is narrow, to be expanded immediately.