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CEOs Can’t Fight The Fed, But You Can Do These Things To Weather The Coming Storm

Chief Executive

If your costs are likely to increase by 20% or more over the next three years, have a multi-pronged approach and take bold actions. Stress test a simplified P&L and balance sheet for your company under different volume changes (include interest, taxes and capex—not just EBITDA). to make more costs variable).

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There Is A Roadmap Through Today’s Financial Crunch

Chief Executive

Manage your business “on the basis of cash, not on the basis of accounting,” Charan said, reminding his audience that Jeff Bezos built Amazon into a multi-billion-dollar company partly by putting cash on the throne of his operating philosophy. We’re not going to final costs — just gross margin, and gross margin that is inflation-adjusted.

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Exclusive: Jim Collins on ‘Thriving In Chaos’

Chief Executive

If you basically say, we’re going to set out and commit ourselves to achieving this march for 25 consecutive years, you manage yourself differently than if it’s just reacting to the environment. They always assume everything will go bad and manage accordingly. What’s going to happen with the geopolitical situation?”