We can all breathe a sigh of relief. The economy, after being knocked out by various financial shenanigans by large, reputable firms (with less reputable, self-serving individuals), is getting back on its feet.
However, the economy, which is clearly suffering from post-concussion syndrome, will not get back to its old self. And that’s a good thing.
Here are the positive indicators, as reported in media everywhere:
- U.S. job growth (Globe and Mail)
- Rising oil prices, and along with it, a rising Canadian dollar
- Increasing auto sales
- Increase in mergers and acquisitions activity
- Increasing house prices
- Auto manufacturers and airlines are experiencing increasing profits
These challenging times have eliminated weaker companies and created great opportunities for well-managed and strong companies.
This is an opportune time for expansion, acquiring new talent, attracting new customers and building new relationships.
Businesses that invest in marketing and development during challenging times, according to credible research, dramatically improve their revenue and profit growth as the business climate strengthens.
That time is now. Full speed ahead. And, be prepared for success!
Copyright 2011. All Rights Reserved. Phil Symchych
