Rapid Right-Sizing Solutions: Property as an Opportunity
Having made rapid adaptations to the business model simply in order to survive the last couple of months, business leaders are now pondering how to make their organizations more resilient on an ongoing basis, with a number of risks remaining.
For Finance Directors, these questions centre on the future cost base and cashflow requirements that will ensure business viability despite uncertain revenue flows. In the short term, cuts to training, recruitment and other discretionary forms of expenditure were relatively conventional responses. However, these are not appropriate as part of a longer term strategy, for which more radical approaches are required.