Leading Your Team

Downturns are Roller Coasters for Weak Firms (2 mins)video

This month’s strategy stat reinforces the importance of having a strong strategy in place. Bain and Co. reports that during economic downturns, weaker businesses experience profit margin swings of up to 5 times that of stronger firms. This means that they absorb the greatest shocks in their industry and give companies with clear strategies an opportunity to gain market share during economic downturns.



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