Rock the Recesssion

Company Leaders! I am reaching out to provide some thoughts on the COVID-19 Pandemic and how we can respond as leaders of our organizations. First, you have to act now.  As a leader, it’s time to lead.  This means providing comfort to your employees, clients, and extended communities.  As leaders, we are lucky to have resources to weather this storm.  Many of those working for us and with us don’t have the same buffer we do, so use this as an opportunity to be of service. I recommend you send out a communication to all employees explaining your company’s EMERGENCY RESPONSE PLAN.  If you don’t have a plan, I am  providing a template to help get you started .  You’ll want to customize it to fit your business. This communication should go out ASAP by email, slack, text, or in person if you’re employees are still working at the office. Read the Complete Blog " Tips for Business Leaders to Cope with COVID-19 Pandemic " to know more!! Also,...

Boston Consulting Group (BCG) released its eleventh annual survey of investor sentiment. BCG surveyed more than 250 portfolio managers and buy-and sell-side analysts from across the globe in November and December 2019. Now, they are sharing the survey results in their recent article “Investors Want Companies to Be Resilient and Bold.” Here are the key findings: 71% of respondents anticipate a recession within the next two years 74% expect a recession— if it does occur —to be mild (with a contraction of less than 2% in real GDP) 46% expect a recession to last more than one year With recent market activity placing fear in many business owners, it’s important to ask yourself – Is your company ready should a recession hit? Don’t delay in making a recession plan so that your business can continue to thrive for years to come.  Read the Complete Blog " Why You Should Continue to Invest, but Also Prepare for a Recession " to know more!! Also, Take the  Reces...

As the coronavirus continues to spread across the globe and dominate news headlines, there is no denying the economic impact.With people avoiding public places and large crowds, there is less shopping, less traveling, less event attendance and less dining out. Consumer spending is dropping drastically and corporate America is feeling the effects. Big businesses like Coca-Cola,United Airlines, Mastercard and Apple have all reported decreases in sales. Many American companies are not only dealing with disruptions in their global supply chains but are now facing trouble on the sales front. While our economy is resilient, it’s hard to predict how Americans will react as this virus continues to affect more and more people. Read the Complete Blog " The Coronavirus Could in Fact Cause an Economic Recession " to know more!! Also, Take the Recession Readiness Assessment  to see where your business ranks and learn what you need to do to start safeguarding your business befo...