Lead411 Blog Learning from Past Recessions - Smart Companies Continue Growth Path

It is no surprise that sales and marketing departments are seeing more and more budgetary restraints from companies this year. Too many unknowns in the business world cause companies to pull back, run lean and ride out the storm. However, if past recessions have taught us anything, it is that nothing gets better if we stand still. According to an HBR study, that researched companies that pulled out of past recessions "Firms that cut costs faster and deeper than rivals don't necessarily flourish. They have the lowest probability-21%-of pulling ahead of the competition when times get better." Today, there are [...]The post Learning from Past Recessions - Smart Companies Continue Growth Path appeared first on Lead411.