Tag: shock

June 12, 2020 admin123@ No comments exist

Yank out Covid-19 dilemma: how to yank out under-performing products/ services/ units? A gentle approach spreads the pain, but slow removal just prolongs the agony. Rip off the sticking plaster in one go. Swift, short, sharp shock; then focus on higher-margin &/or better prospect items to ensure survival Guessed the Word? Series 59 (2/4) pic:…

June 10, 2020 admin123@ No comments exist

Everything Covid-19 is the ‘everything crisis’. Its impact is sharper, deeper & less predictable than previous shocks.  Even good firms & talented workers will be affected.  Don’t put all the eggs in one basket – diversifying reduces risk of running out of cash before recovery starts. To get an omelette, we have to break eggs. …

May 14, 2018 admin123@ No comments exist

Sudden Sudden change in rules/ markets can cause a sudden end.  Unexpected EU ban on shipping rosewood (used in fingerboards) across borders led to sad collapse of USA’s fabled Gibson, founded in Nashville 1902 Guessed the Word?     Series 23 (5/8)     [pic: Gibson Les Paul/ SeanKearns]