Performance Improvement: Thriving in Uncertainty – Part 1
This is the first of four podcasts where Vantage Performance, Executive Director, Michael Fingland takes us through the process of taking advantage of an economic downturn.
In this edition he talks to Phil Dobbie about the need to be prepared. Those that aren’t prepared can easily collapse when there’s a financial downturn. Those that are ready don’t just survive, they can turn the failure of unprepared competitors to their own advantage.
This podcast looks at the guiding principles you need to establish, including risk management, stress testing and cash flow forecasts. In the next edition we apply these principles to the development of a strategy for your business.