PKF Texas: The Entrepreneur’s Playbook® - Managing in Turbulent Times

Not sure how to manage your business in turbulent times.

Listen Now

This text will be replaced

Extras:

Download Transcript
Greg Price
Episode: 194
February 21, 2009

Summary:

Greg Price offers opportunities for managing in turbulent times.

Full Interview text

Greg: The turbulent times we face today shakes confidence, diminishes the value of financial assets, and creates uncertainty for businesses, consumers, and governments. History however, informs us that shifts in the economic landscape also offer unique opportunities for those able to look past the near-term difficulties and seek out opportunities. As Warren Buffet once said, “Make money by selling when people are buying, and buying when people are selling.”

Organizations can choose to retrench, or they can choose to prepare for success and leadership roles. If they take the latter approach, returns from those hard fought battles will turn into better business processes and provide the positioning to fill new niches or those surrendered by competitors. Based upon their customer experiences Microsoft has developed a framework from which you can build for the future. This includes:

Getting more out of your IT investments, driving efficiencies and managing costs.
Mapping IT investments with strategic priorities.
Replace aging systems that cannot grow when the economy recovers.
Ensuring a strong environment of collaboration.
Invest in business analytics to understand what the numbers are telling you.

To read and comment on The Entrepreneur’s Playbook, visit my blog fromgregshead.com. PKF Texas – The Fit That’s Right.