AIM Archives - Tag: spending cuts

Beware 8 first-order actions that can stymie your future growth.

280-Second-Order-Effects

A good business leader understands that every decision will have second-order effects after the initial “intended consequence.” Slower future growth is the second-order effect that often follows these decisions: 1) severe spending cuts, 2) rapid re-organizations, 3) hiring freezes, 4) travel bans, 5) R&D staffing cuts, 6) marketing staffing cuts, 7) new initiatives that distract, and 8) excessive M&A activities. Some such decisions may be needed… but consider the second-order impact on your growth.

More in article, Stop Stifling B2B Organic Growth with 2nd Order Effects