Saturday, February 02, 2008

Preparing Your Company For Recession

This article on CFO.com clearly indicates the need for company to act quick and smart during a recession. It is important to look at the Hackett Group paper and see that it identifies forecasting and analytics as one of the three main areas to look during this time that could increase the efficiency of operations. I specifically agree with the recommendation of using predictive modeling for revenue and costs.

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