BI #58 Jack Miller on How to Recession Proof Your Business: Play Now | Play in Popup | Download

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Duration: 13 minutes, 34 seconds

Show Notes:

This week, Canadian Management Centre is pleased to present the American Management Association’s strategic planning podcast “How to Recession Proof Your Business” with special guest Jack Miller.  Jack Miller is a prominent Chicago area entrepreneur and philanthropist. He is the founder and former President/CEO of Quill Corporation, which became the nation’s largest independent direct marketer of office products, employing over 1,300 people with annual sales in excess of $630 million.

During this podcast Jack Miller will discuss how a company can weather this current period of economic downturn.  Mr. Miller will give real life personal examples of how a company can survive the recession by always looking for ways to cut costs and by striving to only take on initiatives that will benefit the bottom line.

Mr. Miller will also review what industries will be affected the most and those that will thrive during this current recession.  Mr. Miller will also discuss that if a company has already found itself in a pinch and is starting to feel this downturn then they really should start to cut the fat within.  But he cautions management that is looking to downsize. Mr. Miller explains why management must not only look to cut production and support positions but also look at the VP level.

Mr. Miller will give examples of how during good economic time’s companies have tendencies to overlook challenges within, and ignore  employees that are not necessarily team players or productive attributes to a company.  These are the employees that should be let go as they are not only a drain economically but can become a liability.