When a report comes in showing business profits in critical shape, company leaders need to act quickly and smartly. If you focus solely on the numbers and make decisions that do not support the organization’s mission, you risk compromising the company’s values and losing loyal customers.
If your business is experiencing a sudden nosedive in profits and you’re unsure about the best course of action, click to consider the following eight insights that could mean the difference between a full recovery and a worst-case scenario.
Lori Harris is a member of the Forbes Coaching Council, and Managing Partner of Harris Whitesell Consulting.