Friday, February 12, 2010

How the Recession Made Us Stronger

A terrific story on how a manufacturing company came up with a strategy they refer to as the four Ps: people, positive cash flow, profits and positioning. Jack Stack, founder of and chief executive of SRC Holdings tells the story of how “open-book” management works in bad times. He asks the question: How did your company face the recession? Did it pull together? Or was it pulled apart? Read more from the New York Times “You’re the Boss,” the Art of Running a Small Business.