The current economic landscape is putting today’s businesses under considerable pressure, and forecasts of what is ahead remain uncertain. Since the financial crisis struck in 2007, companies have made significant efforts to trim their operations and improve the way they manage profitability. However, excessive cuts can be dangerous. The risks of hindering the business and damaging its competitive edge are on every executive’s mind. Even market leaders and highly successful companies may have trouble regaining strength after a recession.
This white paper explores BearingPoint’s views and experience on how to survive the crisis and become even more competitive – in a sustainable manner.