The points mentioned in this article are good business practices to use even in good times - not just bad times. I fail to understand why would anyone spend more than necessary amount even in good times. In business, thrift has to be a way of life and a mindset. However, such organizations cease to exist due to their excesses in costs.
Of course, there are organizations where inefficiencies are in-built and a part of the culture. The case in point is Citi. I had blogged about them way back here.
1 comment:
Recession or otherwise that article would've come out. Oh and a quick look on Google trends tells you that Indians are ones searching most. Sensationalism sells.
Joke overheard: How does the Swine flu spread? Ans: Through media :)
Post a Comment