Planning is the key in any business environment, and when growth plans are more difficult to achieve, it's time to think differently. Ideally when business growth begins to slow, management has anticipated the challenge, and implements their contingency plans. If management doesn't have a contingency plan, it's time to sharpen their operational focus, and prioritize action and communications that will accelerate growth and improve the value of business. During this discussion, Mike will discuss different alternatives to respond to low growth.
During periods of slow growth, cost cutting is often the first solution. This is an error, since the goal during periods of slow growth is better stated as Profit and Cash Flow Improvement.
By concentrating only on cost cutting, a Company is eliminating half of the value improvement equation. In this session, Mike will discuss sales and margin improvement tactics, stategic investment and competitive actions that can be implemented, and other ways to improve Company Value.
Event Cancellation Policy:
Registration closes at noon on the Monday before a Wednesday event so we can finalize the menu with the Queen City Club. We cannot refund registration fees after that point.