The New Normal
This is the “New Normal”- What now?
Wall Street seems to believe that we have bottomed out.
Down on Main Street, we are working with reduced staff, reduced pay, and reduced profits- if there are profits. Down on Main Street, we don’t see hiring anyone back, or anyone new, for months. Down on Main Street, that sure doesn’t look like a recovery.
So, if this is it, this is where we are going to be hanging out for the next year, what do we have to do to get comfortable with NOW? What do we have to do to increase revenues, to keep staff motivated, to retain existing customers and get new ones?
We are almost at year end. Time to make a plan for success in 2010. Some people are going to figure out how to outperform the market in THIS market. Will you be one of them?
November 13th, 2009 - 13:09
Inertia is a killer under present conditions. I agree that realistic planning is critical to rising above the problems the business community faces.