http://blog.interimpartners.com/restructure-now.html Encouraging debate and discussion within the interim management sector Fri, 27 Aug 2010 15:51:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://blog.interimpartners.com/restructure-now.html/comment-page-1#comment-120 Mark Hendy Tue, 10 Mar 2009 09:03:40 +0000 http://www.interimpartners.com/blog/?p=59#comment-120 My view is that to "hold on for signs of recovery" is akin to being a rabbit in the headlights. No one knows how long this challenging environment will last so to guess at it instead of reacting to the environment around us strategically flawed. I think there has been a wide spread paralysis of inaction as decision makers have been taken, quite understandably, by surprise by the depth and spread of the current crisis. Now though the time is for action. Decisions need to be made, sensible survival strategies agreed and then implemented. I've no doubt that there is even scope for some companies to turn the current crisis to their financial and strategic advantage, but it's unlikely to be by sitting back and doing nothing. My view is that to “hold on for signs of recovery” is akin to being a rabbit in the headlights. No one knows how long this challenging environment will last so to guess at it instead of reacting to the environment around us strategically flawed. I think there has been a wide spread paralysis of inaction as decision makers have been taken, quite understandably, by surprise by the depth and spread of the current crisis. Now though the time is for action. Decisions need to be made, sensible survival strategies agreed and then implemented. I’ve no doubt that there is even scope for some companies to turn the current crisis to their financial and strategic advantage, but it’s unlikely to be by sitting back and doing nothing.

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