Recession Management: Take Action Now!

"You recover from a recession with tomorrow's products, not today's."

Sean Maloney
Intel EVP and Chief Sales and Marketing Officer

This quote was in today's Wall Street Journal and no doubt numerous other business dailies discussing Intel's introduction of a new family of high speed chips formerly called i7; hence forth code name Nehalem.

What we will be in the future depends on what we do in the present. If we do nothing we will at best be what we have been but only at best. More likely we will be something less because others will have moved forward while we stood still.

Do you have an i7 in the works? What are you doing to proactively change your future?

Recession Management: Now More Than Ever, Out of the Box!

"Anyone who lives within their means suffers from a lack of imagination."

Oscar Wilde
Author/Playwright/Poet

Because Wilde was in the arts I am sure he wasn't thinking about business when he said that. Still with some paraphrasing it does apply particularly in these difficult times.


How about "Anyone who continues to conduct their business as they have in the past suffers from a lack of imagination."

Of course there are those who would say this is no time to be imaginative given all the uncertainty that exists but when hasn't that been true? We have at least mild recession every 5 to 10 years so sooner or later we will have to manage in less than stellar economic conditions.

Since so little is known about where our economy is headed, now may be exactly the right time to rethink all aspects of our business.