Flight or flight? How to survive and thrive in today's economy

A recent Hay Group study of business leaders in the UK suggests that UK Plc is on the backfoot in responding to the current economic climate. Companies readily admit that they were slow to react to the credit crunch and only 13% are planning for the upturn. This is despite the fact that the majority of respondents expected the downturn ro be short and shallow but the recovery slow and painful.

In our report 'Fight or flight? How to survive and thrive in today's economy', we look at the strategies companies are planning to use to deal with the downturn and how prepared they are to execute them. We also draw on our study of organisations who outperformed in the last two recessions to suggest some tactics that differentiate a shock proof business.