Adjusting your business plan to meet changing market conditions, sometimes called right-sizing the business, is not just about cutting costs. It is about adapting your business so that it remains efficient and keeps to its target key performance indicators (KPIs) regardless of what is going on in the wider economy.
To do this effectively means taking your business plan, with its KPIs, and looking at what needs to happen when sales and or margins are not in line with your budgets.
So, how do you do this?
Tony Hobbs of Chapman Robinson & Moore will discuss.