Jun
18
My old business mentor (rest his soul) used to say to me,
"Businesses only get themselves into trouble when times are good - they only notice they're in trouble when times are bad."
He reckoned that when times were good, managers would invest in things to show off just how good they were - new cars, corporate jets, that sort of thing.
When times become bad, all of a sudden the corporate jet doesn't seem like quite such a good idea.
"But you want to know the biggest problem when times are bad Al?" He said to me one day...
"Businesses only get themselves into trouble when times are good - they only notice they're in trouble when times are bad."
He reckoned that when times were good, managers would invest in things to show off just how good they were - new cars, corporate jets, that sort of thing.
When times become bad, all of a sudden the corporate jet doesn't seem like quite such a good idea.
"But you want to know the biggest problem when times are bad Al?" He said to me one day...
