- During difficult times, companies tend to get conservative and focus on cost savings and reduction instead of keeping at least one eye on growth opportunities.
- Managers tend to focus on their personal safety within the company as opposed to embracing new ideas that could help their reputation or the group's reputation grow.
- As has been proven before, innovative companies frequently take more market share during down periods.
As always, Phil does a great job of breaking down the concepts into simple, digestable segments and spends most of his time on the application of the concepts. At 25mins, I highly recommend downloading it onto your iPod/iPhone and listening on your commute into work tomorrow. It may help you sell that great idea that makes you a hero in these difficult times.
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