When all is lost, do you believe that most businessmen and executives will still have the same sanity to follow proper business protocol? For some, changes in their business philosophy is not really going to be a surprise. But for some, there is bound to be a lot of changes in store since proper business realignment to help address adjusting trends in doing business thanks to the economic crisis has been a dire need to survive.
This area of change is not only adaptable to the small time players. We can see in the news that among the victims of this whole mess are the big wig companies. So if they are affected by it, one can just imagine how small fries would have to deal with the business debacle that has had most companies looking into downsizing and getting ready for the recession age of the century.
Survival is the main thing for businesses today and if in the past people were adamant at standing firm on their business philosophy, now is the time to bend. You can gamble and stick to traditional management but at the rate that things are shaping up these days, change can do good and perhaps offer more potential.
There is no promise that changes will be for the better. But considering that faltering economies have not yet considered it, there is practically nothing to lose from trying to change your usual philosophy.
Originally posted on October 21, 2008 @ 6:03 pm