Official Website of Kazuo Inamori

Menu

Seven Thoughts to Deal with a RecessionSeven Thoughts to Deal with a Recession

Recessions Are Golden Opportunities for Growth

Reinforce the strengths of the company during a recessionReinforce the strengths of the company during a recession

Recessions are opportunities for growth. Companies succeed by reinforcing their strengths during recessions and preparing for the next period of prosperity. The more severe the recession, the more closely all employees must work together with positive attitudes and creative efforts so they can overcome these difficult situations.

Every time employees join together to survive during a recession, a new "node" or opportunity is created in the growth of the company, much like the nodes on a bamboo stalk. The company can grow unimpeded, in a straight line, during good economic conditions, but during a recession, when all employees join forces together to survive, they create a node of opportunity from which the next growth spurt will begin. The more nodes in a company's stalk, the stronger the company becomes.

Seven Thoughts to Deal with a Recession