Saturday, March 28, 2009

Pacing the slow down

This blog gives some hope in the otherwise hopeless looking eco scenario
To be frank I do not subscribe to the slow down movements that are being seen all over the media for the Indian Economy !
5% growth ..certainly is not a sign of slow down !
Yes , it is slower than the expectations .agreed that and only that much .
In fact , under the guise of slowdown , there are opportunitis to cut costs!!
You can negotiate deals better from the buyers seat!

Detail:

Stay liquid and occuoy that seat for a longer cause!
It is a time to build capacities now ...so that we can take advantage of even the slightest up ward movement!!
It is the time to do some introspection. it is the time to CLEAN UP your accounts ,since no one expects a fantastic performance this year any way!!
The shareholders and even the bankers will not be too harsh if your bottomline does not grow this year . so if you have the buffer to tae some write offs ...just take this year as the year to come out clean. it is always better to be late than never.
Have a relook at the salary structures of your employees..cut the Fat there also . That will also be Understood under the shelter of a slow down.

These are my personal views I am sure the india incorporated is smart enough to have known this rather too well since quite some time now!!

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