Business Finance, ”How to Recession-Proof Your Business”

ATLANTA LONDON - (Business Wire) It’s just Economics 101: All business is cyclical, and that’s true even when, as seems the case in the new century, the cycles are speeding up. Finance executives need to be prepared to meet the challenges of bad times as well as good. Companies that react quickly to an adverse market have a good chance of preserving profitability.

But world-class organizations go beyond that, says The Hackett Group: They leverage disruptive events to get the buy-in they need — from management, workers and stakeholders — to drive transformative change and raise their organization’s performance to world-class levels. Hackett s research identifies several areas where the best companies focus their efforts.

They reduce G A costs, improve working capital performance, examine globalization opportunities, and fine tune the performance of their Enterprise Performance Management system. Click Here to Link to Full Text of Article or visit the following URL: http://www.businessfinancemag.com/magazine/archives/article.html?artic leID=14950 (Due to its length, this URL may need to be copied/pasted into your Internet browser’s address field.