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Just what exactly do these 3 unrelated incidents show us about organization? For me, 2 messages be noticeable quite obviously:


Firstly, a return certainly one of my favourite subjects: I love the previous adage, "income are vanity, profit is sanity, cash is reality".It doesn't matter just how many income a small business makes if it's perhaps not creating a gain on these sales. And that gain needs to be converted into profit the financial institution - enough to generally have the ability to spend the costs once they happen (like my tax bill). Maintaining a good cashflow is needed for long-term company success and is even more important in these difficult times. As my customer business demonstrated, when you have enough money available, you have a great safety blanket in place Alexander Malshakov.

This is a fundamental truism - when Joseph interpreted Pharaoh's dream and suggested him to keep wheat throughout the seven decades of lots, in determination for the seven years of famine, he was teaching a fundamental company lesson. The issue is that many organizations (large and small) fail to understand this session, with the result that in 'instances of famine' (aka credit crunch/recession/economic downturn) they suffer industrial 'starvation' ;.


The 2nd lesson is even more important to the economic crisis we are now encountering; and it's merely that situations of crisis always present outstanding options - especially for individuals who have heeded Training 1!

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