According to Ken Kaufmann of CFOwise, businesses need to adapt to the reality ahead.
In this article the specific invitations I saw for change were:
- Assume the recession is here to stay.
- Don’t just squeak by, get profitable now.
- Look to the “cloud” for possible savings.
- HSA’s may be a better option for insurance.
- Seek customer/revenue sources, not funding sources.
- Consider caring better for current customers.
- Stay agile/”small”.
Thanks for the suggestion. I am always looking for ways to improve!