Downsizing the balance sheet: The old orthodoxy?
Related media
Which companies will survive and which will fail in a recession?
Chris Higson, Associate Professor of Accounting explains why when a recession hits your survival is predestined and depends on the markets you serve, the business models you use and the strength of your balance sheet
5 ways to measure performance and survive the recession
Sir Andrew Likierman, Dean at London Business School discusses a number of ways to rethink the performance measures being used within organizations and suggest five ways to measure performance to survive the recession
Survival of the fattest
Chris Higson, Associate Professor of Accounting discusses how despite their revenues tumbling and prices falling, Apple survived the recession of the early 1990s because they were a fat organisation with a strong balance sheet
Downsizing the balance sheet: The old orthodoxy?
Pressure on margins has seen companies strive for asset-light balance sheets. Recession provides a stern test for this strategy: some companies found that it was survival of the fattest, not survival of the fittest. Will this be the new orthodoxy?