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Article: Forged in fire: the new rules of doing business: singed by a scorching downturn, BE 100s CEOs rework their companies to seek out new opportunities.(BE 100s: THE NATION'S LARGEST BLACK BUSINESSES)
- Article from:
- Black Enterprise
- Article date:
- June 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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[ILLUSTRATION OMITTED]
DOWNTURNS HAPPEN. THE U.S. HAS EXPERIENCED 32 in the last 150 years or so, according to the National Bureau of Economic Research in Cambridge, Massachusetts. And they all eventually ended. While it's a given that our current downturn will someday be just a bad memory, the impact it's having on all business sectors is catastrophic.
In this environment, you either use the situation to your advantage or get consumed by it. The important question is, how can you steer your company away from a moribund sector, evaluate your business' core competencies, and morph them into a growth industry? Here's a look at what some BE 100s CEOs are ...
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Article: A rosy economic outlook for service companies
Electrical Apparatus;
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... ... ECONOMIC CONDITIONS matter to electrical service companies. Such companies live or die by the ... conditions carry over to electrical service companies too? It's hard to generalize ... industries. Services also differ. Many service companies distribute new motors as well as ...
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