Insights

The member firms of Cordence Worldwide make waves. Browse through our white papers, media, and perspectives.

  • Is It Possible to Grow in an Economic Slowdown?

    03 July 2019
    Valcon, Member Firm (Denmark)

    The indications of an economic downturn have begun to worry many business leaders, and many have already begun to focus on how to maintain a healthy business if the predictions hold water.

    But the usual measures to counteract the slowdown are often inward-looking and include cuts in areas that are considered less crucial. It can involve a thorough review of the profit and loss account to find available funds and initiate cost reduction initiatives, such as by pushing the margins into vendor negotiations and pursuing a more streamlined organizational structure.

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