Recession Readiness
More than 60% of people in your organization have never been through a true recession. Are your people ready?
More than 60% of people in your organization have never been through a true recession. Are your people ready?
Most companies suffer during a recession, primarily because demand (and revenue) falls and uncertainty about the future increases. But research shows that there are ways to mitigate the damage. Around 10% of companies in recessions find ways to build earnings steadily throughout the period and continue to build afterward. The difference maker is preparation.
BTS has prepared the following resources to help you understand the moves and mindsets your organization can use to survive and thrive.
How do you recession-proof your brand, survive a downturn, or prepare for inflation? Check out these secret strategies as a roadmap to growth during times of massive uncertainty.
Event
Leading through a downturn
Ignacio Vaccaro, Senior Director, and Darshan Shrestha, Principal, share moves to make to build up your organization for the next downturn.
Client story
Strategy alignment in preparation for a downturn
In lieu of a potential downturn, a Fortune 200 manufacturer of scientific instruments, reagents, software and services partnered with BTS to prepare their leaders with the tools, frameworks and a playbook to anticipate, respond and thrive through a recession.
Article
The Recession Playbook: Leading Through an Economic Crisis
How does your organization survive an economic crisis? You need a recession playbook.
Article
Do Your Leaders Have the Business Acumen to Navigate the Next Recession?
Four traits for leaders to adapt amid volatility, uncertainty, complexity, and ambiguity.
Video
How will you equip your business for a recession?
EVP Dan Parisi discusses world’s first Recession Playbook learning solution.
Video
Bring talent together
Suzanne Bates, Managing Director, BTS Boston, explains why recessions are actually one of the best times to seize top talent if companies plan accordingly.
Video
Three impactful trends
Suzanne Bates, Managing Director, BTS Boston, shares three trends that are likely to have an impact on companies as a result of the looming recession.
Change is a constant in business. The following resources have helped the world’s top leaders plan and align their organizations to face storms head on and come out stronger than ever before.
Blog
What Now, Recession?
During a crisis, some rise to the occasion, while others are less resilient. Leaders must help their teams navigate these uncertain times.
Blog
Recession readiness in leadership
Your Millennial leaders and employees have never experienced a recession in their professional lives… are you ready?
Client story
Leading during uncertainty
A leading consumer goods business partnered with BTS to equip its leaders with the skills to manage through and out of a period of uncertainty.
Podcast
Elevate your gaze: countering uncertainty with an enterprise mindset
In Episode 5 of Fearless Thinkers, Ignacio Vaccaro, Head of Strategic Alignment & Business Acumen, BTS Europe, shares how leaders can equip themselves for challenging times by adopting an enterprise-wide approach to decision making.
Blog
Selling in a recession
After a decade of growth and increasing demand, the world has suddenly changed. Are your salespeople ready?
Video
2023 Leadership trends
Learn how leaders can ensure their companies will not only survive, but thrive during uncertain times.
Equipping your organization for the future means preparing a bench of change ready leaders. Change ready leaders rally around others around a positive reason for change and operate from deep self-awareness and empathy.
Podcast
How to become more comfortable with change
Learn how to counter the three most common change-averse mindsets in conversation with Kathryn Clubb, Head of Change and Transformation, and Jeni Fan, Senior Director.
Article
The 4 barriers to change and how to overcome them
When you want to change something in your workplace, you need to adopt a growth mindset. It doesn’t matter if you’re an individual transitioning to a leadership position or the CEO of the company trying to overhaul its culture. You need to believe that you can acquire new abilities through learning and dedication.
Case study
Equipping high potentials as catalysts of future change at the Abu Dhabi School of Government
Learn how the Abu Dhabi School of Government partnered with BTS to build mindsets and capabilities for mid-career, high-potential employees.
Article
Want to Push Strategies Faster From Planning to Execution? Prepare for Mindset Changes
What’s a solid strategy-execution mindset? Here are 3 ways to become more flexible from Ignacio Vaccaro, Senior Director and Head of Strategic Alignment and Business Acumen, BTS Europe.
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