Course details
When an organization experiences a financial downturn, it should start looking for proactive ways to improve profitability. In this course, consultant and economist Jason Schenker explains how to cut costs and improve cash flow to survive an economic decline and set up the business for long-term success. Learn about the biggest challenges companies face in a downturn, discover how to fine-tune your financial priorities, and find ways to reduce costs. Get practical tips to help you negotiate with vendors, reduce overhead, recover and redeploy existing assets, and cut back on labor costs.
Instructor
Jason Schenker is an economist, finance expert, futurist, speaker, and author.
Jason is the chairman of The Futurist Institute and the president of Prestige Economics. Since 2004, he has been a keynote speaker on the professional lecture circuit, as well as a frequent guest on CNBC, CNN, and Bloomberg Television. He has written over two dozen books about leadership, finance, economics, and disruptive emerging technologies. Eleven of these books have become best sellers.
Jason advises executives, institutional investors, governments, and other key groups on future technology trends, the economy, financial markets, and risk management. Bloomberg News has ranked Jason the #1 forecaster in the world in 25 different categories since 2011 for his forecasting accuracy.
The biggest challenges in a downturn
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– People get caught up in all kinds of business metrics, like revenue, growth, and number of employees. But there’s one business metric that matters more than others when thinking about success, and that’s profitability. My name’s Jason Schenker and I’ve been a management consultant and economist for over 15 years. In this course, I’m going to share with you the best tips and tricks to help your business boost profitability in good times and bad ones. Not all these strategies will be easy, but they’ll help your business survive and thrive in a down turn and beyond because you never go broke making a profit.