What's on the Other Side?

One challenge to cutting back on human and material resources during a downturn is determining which resources will be critical to continued operation and which are truly expendable. Your decisions can profoundly affect how quickly you recover when business picks up again. However fast you respond to signs of increasing revenues, you experience an inevitable lag before you know whether the steps that you take will succeed. How has your company cut back? Who made the decisions? What were your criteria? Looking back, what might you have done differently? How will you tell when it is time to invest again, and how will you plan your strategy?

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