A personal story about why systematic financial management is crucial for business success and continuity.
Tag archives: resilience
Storms, tariffs, and stagnation — what’s your plan?
From extreme weather to geopolitical upheavals. Volatility is becoming the norm.
This economic crisis might hit harder than 2020. Here’s why
**Remembering Her Majesty Queen Elizabeth II and extending our condolences to the Royal Family – and indeed to the Commonwealth of nations — on her passing.** Nearly three years ago, COVID started spreading, shutting down the world economy. Governments sprung into action, spending billions to prop up failing businesses and to ensure their suddenly unemployed …
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The opposite of a fragile business is… (Not what you expect)
What’s the opposite of a business that is fragile? Until recently, I would have said a business that is resilient, and which is built to withstand shocks and turmoil. In fact, that’s been one of my themes over the past few weeks. As we gradually emerge from the Coronavirus restrictions, your business needs to spend …
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Resilience Again
Last week, during a team meeting, we discussed the awful situation in the Ukraine. Like everyone, our initial reaction was shock and horror at the humanitarian and political disaster. The pictures of tanks, bombings and refugees coming out of Ukraine are enraging and heart-breaking in equal measure. We simply cannot imagine what those poor people …
A radical idea
The word on everyone’s mouth right now? “Resilience.” Whether you’ve sailed or struggled through the last few months, you are doubtless thinking about how to strengthen your company… …So you can withstand any future shocks (some of which are already clearly coming, like mass unemployment). No one wants to have to scramble to survive a …
