Research Shows How to Win During and After a Crisis
Hello, some companies win, others lose their pulse in times of crisis. Companies that wait too long for everything to pick up end up winning other competitors, growing, and losing the ones they beat. Turns out she did something. She actually did something ahead of her time.
Research Shows How to Win During and After a Crisis
Let's see how they analyzed her 2000 companies from 2007 to her 2017, that is, during the 2008 financial crisis. They have found that the company that transforms cars is the one that can beat this.
If you are the first to enter the market in a time of crisis, seize all the opportunities presented to you compared to your competitors, and come out of the crisis stronger than before the crisis, the bottom line is that you need to plan 23 steps earlier. It's about being faster than our competitors in the crisis and at the same time we were still confused, still confused by all the uncertainty, trying to navigate the situation and excited. , the theory from a clear never-ending crisis, good, MCI, and of course made suggestions on what we can do about the crisis we are going through today. First, when I got the news that companies used to do well, I knew these were free resources.
Therefore, they actively fight against the use of resources they don't need, but while maintaining their innovation and distribution skills, the actions they are taking give them access to cash, making them more competitive than their competitors. It turns out that you can leave a lot of cash. % more than what the second thing they do is they take advantage of access to make big mistakes and invest in taking advantage of the opportunities that exist in times of crisis .even surveys in times of nsi , after entering the recovery, the outperforming companies increased their level of capital expenditure by 90%, while their competitors and industry average only increased by 25% during the crisis.
Therefore, as history has proven, it is not surprising that those who have taken the big steps to enter the market early to catch up with the opportunities that existed during the crisis invest earlier than others. is. This question has been asked repeatedly throughout history.
Your company will either become part of a superior company that beats out its competitors, or it will instead end up as an uncompetitive company. In fact, it all starts with you and your decisions about what actions you will take to move forward, viewing this crisis as a threat as well as an opportunity. Plan ahead and respond before others start moving in
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