Good Morning!
Most of our friends and
clients have been impacted
by the precipitous downturn
of September and October
2008, with the prospect of
it continuing through at
least 2009.
The last time business was
this severely impacted was
in the early 80's, when that
recession lasted about 18
months. In ~1982 P&G
decided to outsource most of
its design engineering.
(Fortunately for us, I'd
left P&G's engineering
division 8 years earlier to
start our firm).
Over the
years, we have noted the
broad measures clients have
used to take business
downturns in stride, or even
capitalize on any
opportunities they present.
Hopefully
here, you will find
a few of possible interest.
Wishing you a
prosperous November!
Feel free to view any of my
past Leadership Letters
here.
Mel
HENSEY ASSOCIATES
