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Business Planning and Strategies
tanked. Managing your costs is important to your growth and survival, and when the economy is
performing poorly, it is even more of a challenge. Experts say that 58% of companies have a
shortfall in leaders and many companies are actually cutting their development budget as part of
their cost cutting measures.
Before you make that cut, you might want to think long and hard about whether that’s the right
choice for your business. When you take development away from the executives, it can be
detrimental. Leading is actually special skill. A key leader can find a business coach a very
helpful tool to navigate through the storm and continue to grow and prosper.
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