Business leaders are under increasing pressure to make shrewd decisions over the next few months with the economic outlook expected to remain turbulent. No one wants to be caught on the back foot in terms of underestimating the severity or extent of a potential downturn. Equally, being excessively cautious could result in missed opportunities to grow revenues at a vital time.
With such a precarious situation to navigate, how can businesses simultaneously plan for the worst, while pursuing a strategy for continued growth? The answer is that even when facing the most challenging of economic periods, wise leaders should be...