Narayan Nallicheri
PDF: 14 pages, 1 MB - Bay Area Council Economic Institute
PDF: 14 pages, 1 MB - Bay Area Council Economic Institute
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Across industries, we have found that most Bay Area companies<br />
are responding with a mix of defensive and offensive strategies<br />
Key Elements of Recession Response<br />
!! 4 Hire Talent<br />
!! 5 Scan for Acquisitions<br />
!! 6 Leverage Declining Prices<br />
Pursue External<br />
Opportunities<br />
Position for<br />
Growth<br />
!! 7 Focus the Business<br />
!! 8 Transform Operations<br />
!! 9 Invest in Innovation<br />
Consolidate the Foundation<br />
1 !! Plan and Communicate<br />
2 !! Downsize Organization<br />
3 !! Reduce Costs and Conserve Cash<br />
Booz & Company<br />
2<br />
April 2009
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