Recession fears still loom large. C-Suite leaders must navigate the uncertainty with precision.
The key is to stay attuned to external information, particularly regarding the Federal Reserve’s actions and sector-specific economic indicators.
Don’t just rely on broad economic forecasts. Focus on what’s happening in your specific industry.
Capital markets can be unpredictable. They are driven by herd mentality. Prepare for rapid changes. Establish a ‘war room’ strategy with your supply chain and finance teams to anticipate challenges and take decisive action.
If you haven’t embraced digitization yet, now is the time to start—project by project, from the ground up. Communication at all levels is critical to staying ahead of the curve.
