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When you read the first 3 entries in this series of blogs about NJ’s budget crisis, did you conclude that
- those problems could only happen to the government?
- elected officials value power and control more than business leaders?
Ignoring the Numbers and Borrowing Against the Future During Good Times
Ask yourself if your
- current financial stresses could have been moderated if you too hadn’t assumed that the good times would just continue
- routine includes in depth analysis of causal trends rather than just results-focused percentages
Avoiding Conflict and Hoping to be Rescued During Bad Times
Ask yourself if you are STILL not addressing your
- friction between business partners
- over dependence on a key leader or a few large accounts
- chronic recurring profitability or cash flow problems
- when and how to replace a long term unproductive or disruptive employee
- unrealistic revenue projections in your proposals to outside investors
Resisting Consolidation and Forcing Disaster Today
- Ask yourself how bad things must get before you will learn more about:
5th in a Series –