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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Adopt Conservative Financial Management Maintaining the financial health of a business is paramount if one hopes to thrive during periods of economic challenge. For example, during the 2008 financial crisis Microsoft used its large cash reserves to continue investing in software development and R&D, which has paid off in the long run.

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311: Gillian Tett—Why Can A Little Anthropology Help You And Your Business Grow?

On the Brink Podcast

As I was browsing recently, I came upon a story about Gillian Tett, FT's US Managing Editor, and her new book, Anthro-Vision. I love to read the Financial Times. It provides a very different perspective of the world from our US papers. Her book is about the power of observation.

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Music for Motivation and Resilience

Harmonious Workplaces

Indeed, studies have found that group music performance, especially when under the guidance of a leader, can help individuals navigate uncertainty and distractions within a system of resilience (Glowinski et al, 2016). Studies demonstrate other people share this phenomenon. Managing the Unexpected through Group Interaction.

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The Fed: What is the Federal Reserve System?

Tom Spencer

The Fed has gained experience over the decades through dealing with stagflation, recessions, and other periods of economic downturn: the Great Depression , the great inflation of the 1970s, the great recession of 2008 , and the great lockdown of COVID-19 pandemic. In the next article, we will dive further into this question.

System 88
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3 tips to help you have a good feedback conversation

Halo Psych

Based on my own experience of working with hundreds of managers over the years, I’m pretty certain most are more afraid of having a tough conversation with a colleague than anything else! In fact, I went on my own journey with having challenging conversations when I was a line manager, getting wrong more often than right!

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Consultant Ninja: Women and Complaining: Management.

Consultant Ninja

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. Sleep studies might not be picking up the whole story, some researchers say, adding that more investigation is needed. Management Consulting. Consulting Management.

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Fed Study Finds 2 million in "Forced Retirement", 52% Cannot Afford an Unexpected $400 Expense

MishTalk

The survey found, for example, that 15% of those who had retired since 2008 had retired earlier than planned because of the downturn. Based on demographics, that translates into roughly 2 million more people retiring since 2008 than if the recession had not occurred. Inquiring minds may wish to see the actual study results.

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