From Informed Decisions : Conversations and Q&A with Randall Craig and Ronja Francoeur.

Register to join our Upcoming Live Podcast Recordings.

Back to Topic Library.

Explore this topic in a real conversation. We'd love to meet you: www.RandallCraig.net/30.

Recession-Proofing Your Organization

About this episode: 

In this session we’ll share some very different strategies that leaders can use to recession-proof their business. Topics include:

•  What can you do to preserve it?
•  How do you cut your burn rate, while still investing in critical areas?
•  And when things are very tight, what things can you do, right now, to “find” needed cashflow?

Part 1

Part 2

Topics Discussed

•  What factors do leaders need to consider in their calculations? (1:10)How do you look at cash management particularly when economic gray clouds are on the horizon? (0:42)

•  What spending habits do you see clients in an organization are doing that they need to stop? (3:51)

•  Is there a finite checklist that leaders can use to recession-proof? Is it supposed to be an ongoing mentality? (8:34)

•  Is recession-proofing something that the best companies do when they're flying high before there's a crunch or is this a strategy that you're ready to implement when things do turn south? (11:13)

•  Are some types of businesses or business models more eligible for recession or inflation-proofing? For more vulnerable businesses, should they try to pivot to a more durable model? (15:20)

•  Any pointers on best practices for Cash Flow management? (18:18)

•  How wide or varied is the range of creativity can one be in problem-solving any complex situations within a company? (22:28)

•  What are the different tasks of a bookkeeper and an accountant? (2:00)

•  How would an audit for a successful organization with high productivity look like? (11:56)

•  Where do our services come in for organizations that's cutting expenses? (16:00)

•  Should partnership opportunities be a consideration before you reach the eye of the storm in the same way that we have succession planning for key employees? (19:25)










Curious? Questions? Interested in exploring the possibilities?