This is part of a series of posts I wrote in October 2008 concerning the arrival of the Global Recession...
Root Step 6- Select the Best Model:
Come together with the Board, Managers and functional heads and discuss the pros and cons of each business model provided by the Strategic Management. At this point of time it won’t hurt to even invite key performers of your company and hear their opinions as well. If they feel that you are giving them equal importance as to the amount of hard work they put in, they may think twice before leaving you. That’s why they are the key and high performing employees of your company. Set practical examples for each of them and forecast on the sales and compare them one by one. Accordingly select the best model ensuring that majority of the forum has vouched for it.
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