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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Businesses should adopt conservative financial management practices , such as effective cash flow monitoring, prudent budgeting, and building a large war chest of cash and other liquid assets. As a result, companies should actively explore emerging technologies that could provide a competitive edge in the market.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. These increasingly efficient survivors now represent half of U.S.

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Severe Weather Threatens Businesses. It’s Time to Measure and Disclose the Risks

Harvard Business

When weather conditions are on average adverse over days, weeks, or entire seasons, shortfalls in sales cause reduced cash flows and can lead to financial distress and business failure. However, efficient risk management can only take place on the condition that the risks are defined. These disruptions add up. alone, or 3.5%