Inquisitiveย โขย 3m
Iโd first level with my team and board about exactly where we stand. Time is money, so Iโd call a quick meeting, lay out the numbers, the competitive threats, and our available cash, making it clear thereโs no room for business as usual. Iโd explain right away that only essential, profitable projects will move forward; clients looking elsewhere due to cost will get immediate offers with price adjustments or bundled value, but only if their business actually helps the bottom line. With employees demanding raises, Iโd be fair but firm. Iโd identify who this company absolutely canโt afford to lose maybe 10 or 15 people out of 50 and take care of them with selective raises or retention bonuses. For everyone else, Iโd clearly state there wonโt be across-the-board salary increases now, but Iโd commit to revisiting this in six months and make sure they see real efforts in upskilling, especially in AI. This is about survival, and the team deserves honesty and a sense of direction, not empty promises. Knowing we canโt ignore the AI threat, Iโd pull together a small, sharp group from my current team to quickly prototype an AI add-on or new tool, no perfectionism allowed. Iโd also immediately start looking for a quick partnership or small acquisition in the AI space. At the same time, Iโd tighten all non-essential spending if it doesnโt directly protect revenue or build our future offering, itโs paused or cut. Iโd keep the board fully looped-in, using my independent directors for their experience in past downturns and press them for leads or introductions to potential new clients. Through it all, Iโd make sure communication is open and frequent, clients, board, and staff should never be in the dark about whatโs going on or why.
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