Inside the News - Edition #390

Allan Leibowitz -
Inside the News
- 11 Dec 2008 ( #390 )
1 min read
Normally, the end of the year is a frustrating period, with businesses closed, orders grinding to a halt and service on hold. This year, however, the December industry slow-downs may be a blessing in disguise. Around the world, manufacturers are reducing production and trimming staff hours. Even in China, some are moving to the previously unheard-of two-day weekend. So a bit of time off is probably not a bad thing at all. However, looking to the long-term, perhaps many players need to re-evaluate their business plans. We've come to accept double-digit annual growth as the norm and perhaps now is a good time to rethink those expectations and plan for more modest markets. Another valuable use of any downtime might be to treat yourself to more time on this website, seeing what your peers, competitors and customers are doing.
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