This document outlines strategies for businesses to thrive during a recession and beyond. It discusses analyzing areas for improvement, implementing low-cost and effective solutions through a proven leader, and developing a strategic plan. The plan involves serving customers effectively, assessing competitors and markets, reducing fixed and variable costs through efficiency measures, facilitating cross-functional teams, and effectively measuring results to communicate progress.

1. Thriving in a Recession and beyond

2. Introduction Recession Reduces your profits by reducing your revenues Solutions Must be Sustainable and effective Need a proven leader to analyze areas for improvement AND to implement low cost, effective solutions

3. Profit Components Revenue Fixed Costs Variable costs Profit = Revenues- Fixed Cost- Variable costs Revenue Variable Cost Fixed cost

4. Revenue Strategic plan Serving the Customer effectively Marketing Target market Measure the effectiveness of marketing Alternative markets Assessing the Competitive environment Planning for a future in the Global Markets

5. Fixed Costs Loans Bonds Facility Overhead/ Burden Developing Sustainable Solutions

6. Variable costs Material costs Payment terms Ordering Inventory turns Decreasing cash flow time period Labor Costs Efficiency Lean Six Sigma Quality costs Logistics Manage Technology and Innovation

7. Team Facilitation Select and organize a cross functional team Lead the team through the various phases of team maturity The team will be the experts through which causes and solutions are developed

8. Lean Operations Set-up reduction Analyze the value stream, simplify the work flow. Eliminate unproductive waste Reduce inventories intelligently Inventory is still a requirement of operations Find and Eliminate bottlenecks Manage Products and Services

9. Effective Measurement You get what you measure Make sure the criteria are pertinent Easy to understand Communicate progress to stakeholders

10. The Plan Analyze Strategic plan Planning for the Global environment Assessing the Competitive environment Determine measurement criteria Collect historical data Managing Products and Services Organize Teams Leading People and Teams Develop root cause and solution Developing Sustainable solutions Managing Technology and Innovation Develop Implementation strategy Developing Sustainable solutions Report to Senior Management Serving Customers Implement corrections Measure effectiveness of Corrections Developing Sustainable Solutions Alter solutions if needed

11. The Results Increased Revenue Reduced Costs Increased Profit