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  • Contingency Planning for a Recession–or a Recovery

Business Strategy

03 Sep 2008

Contingency Planning for a Recession–or a Recovery

  • By Bill Conerly
  • In Business Strategy

I spoke a couple of months ago about the economic contingency planning process.  You can listen here.

Key steps:

  1. Evaluate your company's own vulnerability to changes in the economy.
  2. Develop an early warning system specific to your business.
  3. Sketch out a contingency plan for economic changes.
  4. Manage the business to gain or preserve the flexibility to implement the plan.

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Dr. Conerly’s presentation and view of the economic conditions impacting the world of business is insightful and thought-provoking. His analysis and presentation style is audience focused and engaging, leading to the efficient development of follow-up activities by those in attendance.
Paul Ulrich, The Inteplast Group (plastic bags)
Your presentation was right on the mark. I received more positive comments about you than any other presenter. We would not hesitate to recommend you to others or have you back for an encore performance.
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James A. Kronenberg, Oregon Medical Association
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Our audience of local business and community leaders not only valued the economic data you provided, but they really appreciated that you made it applicable to their businesses, their personal lives and moreover – that you presented it in a clear and entertaining manner.
Scott Boyer, Mountain Pacific Bank
We asked Bill Conerly to look at one of the major factors limiting the growth of our business. He pulled together data from a wide range of sources, as well as his own extensive business knowledge, to give us an insight into when conditions would improve and how we could be ready to capitalize on better times. He did so in a straight forward, easy to understand manner. A year later it was clear that things had evolved just as he had forecast. Ever since then he’s been my go-to guy on how the e…
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