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Survival Strategies
De-leverage and re-structure debt
For companies facing current or potential shortages in cash flow, de-leveraging, and re-negotiating debt terms should be a near term priority. To preserve cash, many companies will choose to reduce or cancel dividend payments.
Cut costs and maximize cash
Minimize the cost of purchased inputs through exploiting synergies across the organization and establishing greater control over external spends. Reduce exposure to poor payers and invest in more efficient and effective debtor collection. Digging deeper, optimize business processes to substantially reduce both cost and time required.
Repositioning Strategies
The Re-positioning strategies can be evaluated only with the prior company ' s problem like- how companies are organized— by product, geography, process? This all need to be consider carefully in today scenario. Some of the repositioning strategies are below:-
Invest in innovation
Finance
Business and consumer buyers alike are likely to shift expenditure when they feel the squeeze, often in unexpected ways. Products and services that deliver better value for money will benefit and whether a company serves consumers purchasing patterns are likely to change in a period of downturn, and what new needs are emerging. Moving early on anticipate and service these needs can help to establish strong customer loyalty and a base for future growth
www. Venture-Care. com / Magazine December 2017
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