BIG STAGE SET FOR RECESSION PROOF BUSINESS SEMINAR 2023
According to an analysis led by Havard Business School , during the recessions of 1990, and 2000, 17% of the 4,700 public companies studied fared very badly: They went bankrupt, went private, or were acquired. But just as striking, 9% of the companies flourished, outperforming competitors by at least 10% in sales and profits growth.
A more recent analysis by using data from the Great Recession reinforced that finding, showing that the top 10% of companies studied didn’t merely survive; their earnings climbed steadily throughout the downturn and continued to rise afterward.
Among the companies that stagnated in the aftermath of the Great Recession, few had made contingency plans, according to the Bain report. “When the downturn hit, they switched to survival mode, making deep cuts and reacting defensively.”
How should firms and individuals prepare for a recession, and what should they do when one hits? This research roundup examines advice in four areas: debt, decision making, workforce management, and digital transformation.close
It is with this vital information that the World Industry Leaders Magazine international is delighted to inform the general public of the much anticipated staging of 2023 Big stage event tagged RECESSION PROOF
This big deal event is expected to take place in Lagos on the on the 1st and 2nd July in Unilag Lagos
Organized by the wave making Phenom(a mentorship/ coaching body ) in association with EDPlan 20 ( the economy design experts; the key speakers on that day will be Ambassador Moses Onu ( The eagle)and the international renowned Dr Elijah Mba
Both sessions are stated for Saturday is 2pm and Sunday is 3pm prompt and intended participants must request for their VIP code invitations to enable them entry to the event
No doubt this is an opportunity for many lives to be transform
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