Recessions, depressions and downturns are probably the most fertile ground to plant a new business. This is why, and this is how to get started! It's all based around research by the Harvard Business Review, Joseph Schumpeter, Peter Drucker and Bain&Company.
In this podcast we explore:
- The demise of Australian companies.
- Global C-Suite retirements.
- Employees re-evaluating their careers.
- Great companies that were born during recessions.
- The Bain study that proves recessions breed successful companies.
- How companies outsmarted the GFC.
- Opportunities come in only 2 ways: Discovery and Creation.
- Drucker's 7 Sources of Opportunity (Discovery)
- Schumpeter's Creation of Opportunity
- The Blue Ocean Strategy
- Early action, not different action brings profit.
- The Race Track Analogy for crisis management.
- The ABC prescription for businesses in crisis.
- For the CFO: Muscle vs Fat.
- Talent is cheap right now.
