The real challenge of organizations is to understand that “Change Management” should not be a function addressed at a time of need but rather it should be embedded into the culture of the company. How do you embed a culture of change?
What can you do to retain your profitability while the economy struggles and people are spending less? Many business owners are facing this dilemma every day.
A deep recession can affect virtually any business. Even the well established practices of an Attorney, Doctor, Dentist, or Counselor etc., can and will struggle, if not managed more efficiently and smarter during lean times.
In a tough or normal economic situation, business owners and executives all too often forget about their current clients. Given the high costs of new sales, all members of an organization should focus their efforts on retaining the current client base.