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Nick Uresin, founder of Tuccini Corp. |
"When bad things happen, sit down and analyze.
Don't look for a magic bullet,"
When in time of hard times hit the economy, it sure will affect all business from small scale to large scale businesses. Plunging sales, increasing cost, uncertainty of the future, problematic human resource and everything you can name it, sure will be the condition or atmosphere that you may be encounter during that time.
Every single decision made will be very crucial to the continuous of the company than the ordinary time. Any misstep made by the CEO or managers may put the company in the edge of hill.
Nick Uresin, the founder of Tuccini Corp shared about his experience in facing this kind of situation in 2008 financial crisis in the article below and I said " he has made a great decision."
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