Now that we are near the end of a calendar year, and many companies are putting their budgets together, we are planning our 2009 budgets rather frugally. I don’t think there is one company that I have read about that is not cutting, laying off, slashing, or burning. Some companies are laying off in the coming weeks, prior to the New Year, while others are looking at the next six months.
Don’t layoff workers when there is another bad month of sales. Put a plan together. And, make sure workers know where the company is on a weekly basis.
What is your six-month plan, your 2009 plan, and your plan to tread water over the next few years while the economy comes back to some semblance of order?