Profit Sustainability In Difficult Times

Listen to a Preview

Date: 01/07/2011

If ever there was a time to focus on profit sustainability, it's now! Because today's tough local and global conditions will make it harder than ever to survive and grow. But have business leaders got the message?

When was the last time you negotiated prices with suppliers? Do you have an accurate picture of your key revenue streams, your true costs, what your competitors are doing and any activities in your business that don't add value? These are all questions that you and your clients need to ask now to set the framework for cost management and profit sustainability. And there's no time like the present to implement an efficient, ongoing strategy - as businesses grapple with difficult times on a local and global front. That's the advice from Jay Chander who says all leaders and managers need to act to protect and grow profits in a world facing tough economic and political upheavals.