After all the speculation last year about a possible recession, the pandemic emphatically settled the question. But despite all the prior discussion, despite the growing awareness of yield curves and other indicators, many businesses were still unprepared for the recession when it arrived.
What can enterprises do to increase their ability to weather the downturn and emerge relatively unscathed? And what can they do to better prepare for the next one, when — not if — it happens?
GEP’s white paper, Beating the Downturn: 7 Business Strategies for Mitigating the Impacts of a Slowdown, presents a set of effective strategic levers that will help C-level executives mitigate the impact of a recession on their enterprises.
- Tips for managing contracts, suppliers and inventory
- Implementing a variable cost structure and a flexible workforce
- Safeguarding revenue and ensuring cash flow
Read now to learn about the smart things to do to get your business through this down cycle as well as the next one.