Midsized Firms Can Survive a Cash Crisis
Another downturn is ahead, maybe a year away, maybe five. Could you lead your midsized firm through a liquidity crisis? Read how one firm survived an 83% drop in revenues and lived.
This post covers crucial preparatory moves to increase your company’s chances to walk away. Weigh in with your comments on Harvard Business Review.
Robert Sher is founding principal of CEO to CEO, a consulting firm of former chief executives that improves the leadership infrastructure of midsized companies seeking to accelerate their performance. He was chief executive of Bentley Publishing Group from 1984 to 2006 and steered the firm to become a leading player in its industry (decorative art publishing).